In the late 1990s, General Electric embarked on an ambitious push into the growing world of e-commerce. Lloyd G. Trotter, a ...
This week, Dave Calhoun, an acolyte of the late Jack Welch, the legendary longtime chief executive of General Electric, said he was quitting as chief executive of Boeing, joining the list of ...
1960 – Begins career at GE in the Chemical Development Organization ... The MBA program will become the Jack Welch Management Institute. July 5, 2009 – Is hospitalized and later released ...
As a former General Electric Co. employee in the ’80s and ’90s, I recognize President Donald Trump’s actions as coming from the Jack Welch school of mismanagement, an approach reliant on ...
For decades, General Electric was the go-to name in appliances, reigning supreme from the 1960s through the 1990s. But under the leadership of CEO Jack Welch, GE’s focus on financial performance ...
But how did venerable GE get into such a structural mess that necessitated such measures? :Let’s look at some recent history.
GE’s revenue grew nearly fivefold during the tenure of Welch — who was named chief executive in 1981 — and the company’s value increased 30-fold. Yet the stock began to lag in the summer ...