By Thomas F. O'Boyle
"O'Boyle has researched and written a huge publication that are meant to be crucial analyzing for all CEOs and an individual concerned about company ethics." --The Philadelphia Inquirer
"Superb . . . a lively examine of common electrical, and of its occasionally outstanding, occasionally bungling, yet continually ruthless boss, Jack Welch." --Chicago Sun-Times
With convincing ardour and meticulous examine, Thomas F. O'Boyle explores the forces in the back of common Electric's upward thrust to the head of Wall highway, wondering if GE, with leader govt officer Jack Welch on the helm, continues to be "bringing great things to life." Welch--explosive, profit-hungry, and pragmatic--catapulted GE's shares to the head, up 1,155 percentage from 1982 to 1997. O'Boyle argues that those dazzling effects have come basically with the heavy cost of employees' lives, blighted lower than the tyranny of "Neutron Jack" Welch, so named for his bomb-like skill to dispose of employees with out annoying surrounding operations. in the course of Welch's reign, hard-nosed good fortune tactics--unblinking downsizing, ruthless acquisition negotiations, and the digital abandonment of producing in desire of the extra glamorous leisure and monetary providers industries--coexist with scandals like price-fixing, toxins, and safety agreement fraud. guaranteed to spark controversy, this gripping, complete account begs the larger query: Is Jack Welch's GE a version corporation for company within the subsequent century, or is it time to alter the way in which the area does enterprise?
"Smoothly written and carefully researched." --USA Today
"This publication makes a helpful contribution to our realizing of company the United States. . . . Thomas F. O'Boyle persuades you that GE--Jack Welch's GE--brings undesirable issues to lifestyles. In abundance." --Washington Monthly
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Additional resources for At Any Cost: Jack Welch, General Electric, and the Pursuit of Profit
I don’t say the truth—that this voice of mine, this ‘gift,’ is just that: an accident, largely uncultivated, certainly undisciplined, wasted, ignored, and finally abandoned. I’m not about to admit that these cords—the ones in my gullet, I mean—don’t vibrate as they used to; and if the ear was ever any good, it isn’t anymore. Still, I own her—she is mine—and how many people have a Steinway (tsk, tsk)? Decades from now, when Leah, whose inspiration it was to give her to me, suggests I should look into selling her, I balk.
J. Simpson played nine holes day after day at a country club in Brentwood? Heidi ran a prostitution ring, an escort service for wealthy, incognito Hollywood types, who abandoned her, of course, when the chips were down, when she got caught in all kinds of illegal activities. Turned out her father, Dr. Fleiss, celebrated for his longtime practice in the little brown bungalow situated between two tall pines on the corner of Hillhurst and Russell in Los Feliz, had co-signed documents here and there— loan papers, escrow agreements, that sort of thing—without asking enough T h e Ob ject P arad e 47 questions.
Like anybody’s taking care of anybody, we said. And, we’ll take care of each other, we said. We were wearing our watches by then, both of us were—as if 16 din ah L e n n e y to mark the start of the thing—though it’s not like I need one now to remind me how long it’s been since all that transpired, or to wonder what happened to the time. CHARLIE’S PIANO Why We’LL never move again: the Steinway baby grand at my back. A reason never to move, never to paint, never to pull up the carpet and put in hardwood floors and a thick Persian rug.