Lights Out Book Ge Summary
Lights Out Book Ge Summary. She learned the value of buying. It’s brimming with lessons about the hazards of.
Chapter 14 of lights out details many of the gimmicks ge employed to make the numbers look better than they really were. 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. This is the story of the early days of that pivotal moment in the company’s history.
There Are Some Great Lessons For Leaders And Especially Leaders In The Fintech Space From This Book.
The story arc of the unraveling of general electric should be familiar to followers of business news over the last two decades. It takes place in rural san antonio, tx and follows 'the hero', mark, as he, his family, and his community battle all the obstacles one would encounter if suddenly the lights go out and there is no more electricity. Two wall street journal reporters expand years of their newspaper coverage into a detailed book about the decline of general electric due in large part to management incompetence, greed, and dishonesty.
The Scale Of The Systematic Exploitation Of The Rules And Regulations By Such A Reputed And Globally Recognised Company, Beggars Belief.
“lights out” is a recently published book that covers the downfall of general electric, which was in 2000 the world’s most valuable company with a market cap north of 500 bn usd and a proud history going back to thomas edison. So rather than a industrial company based on the ideals of industrial innovation, it was a company set up by a finance house for industrial domination. 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.
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.
She learned the value of buying. With powering his family into the middle class starting with his grandmother, vera baskin. Bill crosby credits general electric co.
Understanding The Issues And Consequent Impact Of The Decisions On The Company Clearly Brought Out.
So rather than a industrial company based on the ideals of industrial innovation, it was a company set up by a finance house for industrial domination. 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. Pride, delusion, and the fall of general electric which goes into detail about the downfall of general electric.
Ge Got Addicted To Its Financial Services Revenue.
During the 20 years when welch was ceo general electric’s value increased from $14 billion to $400 billion. The book is a very good reminder that even the greatest companies in the world can unravel very quickly if things go wrong. A very well constructed book , capturing the main events sequentially.
Post a Comment for "Lights Out Book Ge Summary"