Bibliograph

Lights out, pride, delusion, and the fall of General Electric, Thomas Gryta and Ted Mann

Type

Label

Lights out, pride, delusion, and the fall of General Electric, Thomas Gryta and Ted Mann

Language

eng

Bibliography note

Includes bibliographical references and index

Index

index present

Literary Form

non fiction

Main title

Lights out

Nature of contents

bibliography

Oclc number

1143822712

Responsibility statement

Thomas Gryta and Ted Mann

Sub title

pride, delusion, and the fall of General Electric

Summary

Since its founding in 1892, General Electric has been more than just a corporation: it was job security, a solidly safe investment, and an elite business education for top managers. GE electrified America, 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. Gryta and Mann examine 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 doing so, they detail how one of America's all-time great companies has been reduced to a cautionary tale for our times. -- adapted from jacket

Table Of Contents

Off a cliff -- The meatball -- Neutron Jack -- Big Jeff -- the race -- Make some noise -- the Edison conduit -- Senioritis -- Last call -- Buying and selling -- Imagination at work -- Time to go big -- Higher returns -- Applied mathematics -- Size doesn't matter -- The screwup -- Enter the bear -- Paper jam -- Suspenders on suspenders -- Circle the wagons -- Kabletown -- No other way -- Green is green -- Palate cleanser -- The quarry -- New lieutenant -- Playing startup -- Cowboys into farmers -- Project Hubble -- the chop shop -- Big bets -- Dinner in Paris -- One day in Chicago -- A modest proposal -- "We know what we're doing" -- Buy high -- The problem with Owen's hammer -- "I don't even know what we're selling" -- Jeff's deal -- Closing costs -- An unexpected guest -- The candy factory -- Your people don't want it bad enough -- Making adjustments -- Back Bay deal -- Managing power -- Unmovable target -- The new guy -- Behind the curtain -- Triage -- Cleaning house -- Conservatively calculated -- A reset year -- A bill comes due -- Asleep at the switch -- "Managing in a broader sense" -- A midstream change

Classification