Bedford Public Library

Lights out, pride, delusion, and the fall of General Electric, Thomas Gryta and Ted Mann

Label
Lights out, pride, delusion, and the fall of General Electric, Thomas Gryta and Ted Mann
Language
eng
Bibliography note
Includes bibliographical references and index
Index
index present
Literary Form
non fiction
Main title
Lights out
Nature of contents
bibliography
Oclc number
1143822712
Responsibility statement
Thomas Gryta and Ted Mann
Sub title
pride, delusion, and the fall of General Electric
Summary
"How could General Electric-perhaps America's most iconic corporation-suffer such a swift and sudden fall from grace?"--, Provided by publisherSince its founding in 1892, General Electric has been more than just a corporation: it was job security, a solidly safe investment, and an elite business education for top managers. GE electrified America, from lightbulbs to turbines, and became fully integrated into the American societal mindset as few companies ever had. And after two decades of leadership under legendary CEO Jack Welch, GE entered the twenty-first century as America's most valuable corporation. Gryta and Mann examine how Welch's handpicked successor, Jeff Immelt, tried to fix flaws in Welch's profit machine, while stumbling headlong into mistakes of his own. In doing so, they detail how one of America's all-time great companies has been reduced to a cautionary tale for our times. -- adapted from jacket
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