The Oracle Of Corporate America: Is Jack Welch Still Prophesying? - do3
Webin gelles’ new book, the man who broke capitalism:
How jack welch gutted the heartland and crushed the soul of corporate america―and how to undo.
Webso when jack welch took over the ge corporation in 1981 and ran it for 20 years, you say he forced a lot of downsizing, a lot of layoffs, a lot of outsourcing.
Because welch was so idolised, the path he trod.
Webas corporate america mourns his death on march 1st, aged 84, the company he reinvented is itself struggling to keep up with the times.
Webthe man who broke capitalism:
Webformer ge ceo jack welch left a management legacy that permeates the top ranks of corporate america to this day.
Webhis successor, jeffrey immelt, took the blame for essentially following welch's lead.
How jack welch gutted the heartland and crushed the soul of corporate america—and how to undo his legacy.
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He championed risky financial ventures and acquisitions, which his successor then.
Webjack welch, who has died at the age of 84, was one of america’s most influential managers and an embodiment of the past century’s “cult of the ceo”.