At Any Cost: Jack Welch, General Electric, and the Pursuit of Profit

Read [Thomas F. OBoyle Book] * At Any Cost: Jack Welch, General Electric, and the Pursuit of Profit Online # PDF eBook or Kindle ePUB free. At Any Cost: Jack Welch, General Electric, and the Pursuit of Profit It is easy to look rich when you do not pay all the bills. B. King The public perception of Jack Welchs tenure at General Electric has been that he focused business effort on his companys core competencies, and thus rewarded the long term shareholder with great financial returns. Tom OBoyle peers behind the curtain to reveal the darker side of Wizard Welch and his disastrous tenure at one of Americas great industrial treasures. Yes, Welch increased GEs stock value; but Welch did it with a d

At Any Cost: Jack Welch, General Electric, and the Pursuit of Profit

Author :
Rating : 4.10 (539 Votes)
Asin : 0375705678
Format Type : paperback
Number of Pages : 480 Pages
Publish Date : 2013-08-12
Language : English

DESCRIPTION:

Sure to spark controversy, this gripping, comprehensive account begs the greater question: Is Jack Welch's GE a model company for business in the next century, or is it time to change the way the world does business? "Smoothly written and thoroughly researched." --USA Today"This book makes a valuable contribution to our understanding of corporate America. O'Boyle persuades you that GE--Jack Welch's GE--brings bad things to life. "O'Boyle has researched and written a monumental book that should be mandatory reading for all CEOs and anyone concerned with business ethics." --The Philadelphia Inquirer"Superb a spirited study of General Electric, and of its sometimes brilliant, sometimes bungling, but always ruthless boss, Jack Welch."                               --Chicago Sun-TimesWith convincing passion and meticulous research, Thomas F. Thomas F. During Welch's reign, hard-nosed success tactics--unblinking downsizing, ruthless acquisition negotiations, and the virtual abandonment of manufacturing in favor of the more glamorous entertainment and financial services industries--coe

O'Boyle to take Welch down a notch--or two or three. So even in good times, American workers are plagued by a sense of insecurity. --Barry Mitzman. No contemporary business leader has been so widely acclaimed as Jack Welch of General Electric. O'Boyle implies that Welch's pernicious influence can be seen in the divorce rate and even in the paranoia that produced the bombing of the Tulsa federal building. O'Boyle is actually more interested in nailing Welch for many of America's social problems. Where other books wholeheartedly endorse Welch's gung-ho sty

It is easy to look rich when you do not pay all the bills. B. King The public perception of Jack Welch's tenure at General Electric has been that he focused business effort on his company's core competencies, and thus rewarded the long term shareholder with great financial returns. Tom O'Boyle peers behind the curtain to reveal the darker side of Wizard Welch and his disastrous tenure at one of America's great industrial treasures. Yes, Welch increased GE's stock value; but Welch did it with a draconian management style that failed to pay all of the bills along the . GE"s Sad Affair With Downsizing-Frank Jakubowicz When GE's massive downsizing took place in Pittsfield, MA, I was a frustrrated local official trying to find out what was going on. GE officials furnished little information. Eventually it was thought the GE must have done it to simply stay competitive in the new global economy. Thomas O'Boyle furnishes the answer. The layoffs and plant closings were Jack Welch's idea of a corporate revolution. He was at the cutting edge of a major business philosophy which discarded post-WW II corporate paternalism . "Prophetic, brilliant piece of work" according to Mingulay29. This book is still highly relevant. What sets it apart is the depth of research, the writing, and the courage of the author to stand up against the prevailing ideology of the time. Since then Enron and the continuing financial crash has surely taught us that something has been going badly wrong in America and in Britain and it started around 1981 when Welch got his hands on the GE empire. Much of how we view the author's work will depend on how we view the predominant trend of the last three decades

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