Lights Out: Pride, Delusion, and the Fall of General Electric

Gryta, Thomas; Mann, Ted

ISBN 10: 035856705X / ISBN 13: 9780358567059

Editore: Mariner Books, 2021

May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less. Codice articolo G035856705XI4N00

Riassunto:

A WALL STREET JOURNAL BESTSELLER
"If you’re in any kind of leadership role—whether at a company, a non-profit, or somewhere else—there’s a lot you can learn here."—Bill Gates, Gates Notes

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.

Since its founding in 1892, GE has been more than just a corporation. For generations, it was job security, a solidly safe investment, and an elite business education for top managers.

GE electrified America, powering everything 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. Yet, fewer than two decades later, the GE of old was gone.

​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. 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 details how one of America’s all-time great companies has been reduced to a cautionary tale for our times.
 

Informazioni sull?autore: TED MANN is a reporter for the Wall Street Journal, where he covered General Electric from 2014 to 2017. He lives in Washington, DC.

THOMAS GRYTA writes about General Electric and other industrial conglomerates for the Wall Street Journal. He lives in New Jersey.

Dati bibliografici

Titolo: Lights Out: Pride, Delusion, and the Fall of...
Casa editrice: Mariner Books
Data di pubblicazione: 2021
Legatura: Paperback
Condizione: Very Good
Condizione sovraccoperta: No Jacket