GE and the Belief in Management Magic

The breakup of an American colossus reveals an essential corporate truth: No strategy can erase decades of bad decisions—or counteract irreversible changes in how business is done.

The breakup of an American colossus reveals an essential corporate truth: No strategy can erase decades of bad decisions—or counteract irreversible changes in how business is done

jasonzweigwsj good luck

jasonzweigwsj It’s not Jack. It’s Jeff and GE Consumer Finance.

jasonzweigwsj GE under Jack Welch was a giant company, generating profits with a “20th Century” mindset and model. GE tried to restructure with internal leaders. No success, they were “traditional” mindset. Laurence Culp is the first external CEO. Fingers crossed!

jasonzweigwsj You have to see that the study of energy and its supply is more than a billing service. GE is at the heart of Electricity.

jasonzweigwsj Good.

jasonzweigwsj Jack Welch creative accounting

jasonzweigwsj Same problem with Johnson and Johnson.

jasonzweigwsj House of cards built by jack Welch

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