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Thomas Gryta’s Followers (26)
Thomas Gryta
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Lights Out: Pride, Delusion, and the Fall of General Electric
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published
2020
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10 editions
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Lights Out: Pride, Delusion, and the Fall of General Electric
by |
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* Note: these are all the books on Goodreads for this author. To add more, click here.
“Releasing the synergies that would come from eliminating redundancies—that is, people GE didn’t need anymore—would lead to higher earnings. As renewed attention led them to try to whip the industrial businesses into shape, Bornstein, Immelt, and the rest of the GE top brass soon settled on a name for the program they embarked on in 2013: Simplification.”
― Lights Out: Pride, Delusion, and the Fall of General Electric
― Lights Out: Pride, Delusion, and the Fall of General Electric
“Schmidt’s advice would come to define the methods of Comstock’s media and public relations operation. The campaigns of both politicians and companies, Schmidt told GE, were not “won by the candidate or company with the best character, or product, but by the one with the simplest and most clearly told story.”
― Lights Out: Pride, Delusion, and the Fall of General Electric
― Lights Out: Pride, Delusion, and the Fall of General Electric
“Under Welch, GE was changing rapidly. He famously gave a speech in his first year as CEO titled "Growing Fast in a Slow-Growth Economy." With the power of the GE brand providing credibility to his strategy, the new CEO oversaw almost one thousand acquisitions, or about four deals a month over his two decades, with a value topping $130 billion. p17”
― Lights Out: Pride, Delusion, and the Fall of General Electric
― Lights Out: Pride, Delusion, and the Fall of General Electric
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