Lights Out: Pride, Delusion, and the Fall of General Electric
Language: English
Published by HarperCollins Publishers Inc, 2021
- Softcover
- Used
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.World of Books (was SecondSale)
AbeBooks seller since December 20, 2007
Condition: Used - Good
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Add to basketItem description from seller
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 NotesHow 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.…
Seller Inventory # 00084874359
- Title
- Lights Out: Pride, Delusion, and the Fall of General Electric
- Author
- Thomas Gryta
- Publisher
- HarperCollins Publishers Inc
- Publication year
- 2021
- Condition
- Good
- Binding
- Paperback
- Language
- English
- ISBN 10
- 035856705X
- ISBN 13
- 9780358567059
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.
"Synopsis" may belong to another edition of this title.
About the Author
TED MANN is a reporter in the Wall Street Journal's Washington Bureau, where he is part of a team covering business and government. He was the beat reporter covering General Electric and other industrial conglomerates for the Journal's corporate bureau in New York from 2014 to 2017, and previously covered transportation for the Greater New York section, where he broke the George Washington Bridge scandal that ensnared former governor Chris Christie and his aides. He is a graduate of New York University.
"About the title" may belong to another edition of this title.
World of Books (was SecondSale)
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