Lights Out details how one of America’s all-time great companies has been reduced to a cautionary tale for our times. In the end, GE’s traditional win-at-all-costs driven culture seemed to lose its direction, which ultimately caused the company’s decline on both a personal and organizational scale. Lights Out examines how Welch’s handpicked successor, Jeff Immelt, tried to fix flaws in Welch’s profit machine, while stumbling headlong into mistakes of his own. Yet, fewer than two decades later, the GE of old was gone. And after two decades of leadership under legendary CEO Jack Welch, GE entered the twenty-first century as America’s most valuable corporation. GE electrified America, powering everything from lightbulbs to turbines, and became fully integrated into the American societal mindset as few companies ever had. For generations, it was job security, a solidly safe investment, and an elite business education for top managers. Since its founding in 1892, GE has been more than just a corporation.
How could General Electric–perhaps America’s most iconic corporation–suffer such a swift and sudden fall from grace? This is the definitive history of General Electric’s epic decline, as told by the two Wall Street Journal reporters who covered its fall. You can read this before Lights Out: Pride, Delusion, and the Fall of General Electric PDF EPUB full Download at the bottom. Here is a quick description and cover image of book Lights Out: Pride, Delusion, and the Fall of General Electric written by Thomas Gryta which was published in. Brief Summary of Book: Lights Out: Pride, Delusion, and the Fall of General Electric by Thomas Gryta
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