Jack Welch’s GE Was The Wrong Model To Take From The 90s. Lou Gerstner’s IBM Is The Right One
Digital Tonto
APRIL 21, 2024
When Jack Welch was named “Manager of the Century” by Fortune magazine in 1999, it was still unclear what his legacy was going to be. We learn from the past only if we take the right lessons. Yet all the success belied serious problems rumbling underneath the surface. Welch increased profits largely by “financializing” the firm.
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