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By:Thomas Gryta,Ted Mann
Published on 2020-07-21 by Houghton Mifflin Harcourt

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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. \u200bLights 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.

This Book was ranked at 13 by Google Books for keyword Corporate Finance.

Book ID of Lights Out's Books is X0LNDwAAQBAJ, Book which was written byThomas Gryta,Ted Mannhave ETAG "aa51YBBwYhs"

Book which was published by Houghton Mifflin Harcourt since 2020-07-21 have ISBNs, ISBN 13 Code is 9780358243571 and ISBN 10 Code is 0358243572

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Book which have "384 Pages" is Printed at BOOK under CategoryBusiness and Economics

Book was written in en

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