Mark :verified: on Nostr: Commentary about Jack Welch This is LONG - going into many things that Jack Welch ...
Commentary about Jack Welch
https://philebersole.com/2024/01/16/ges-jack-welch-and-u-s-deindustrialization/This is LONG - going into many things that Jack Welch implemented at GE. Things like
- Stack ranking (promote top & fire bottom)
- Business units had to be 1 or 2 in their area or were sold off
- Increased GE stock price
- Drove up value of GE Capital
The aftermath wasn't pretty. The people that worked for Jack didn't do all that well either.
Published at
2024-01-16 17:47:44Event JSON
{
"id": "cb2ec96bf9cb8da85d8eba9575405a51ff8620855719b8c543f82711b7241449",
"pubkey": "82e24848c7568daf9d6434e9cfb3c12f5d11d8a7bffe33782dfaa8bf46ca21dc",
"created_at": 1705427264,
"kind": 1,
"tags": [
[
"proxy",
"https://noagendasocial.com/users/mhjohnson/statuses/111766881178651060",
"activitypub"
]
],
"content": "Commentary about Jack Welch\nhttps://philebersole.com/2024/01/16/ges-jack-welch-and-u-s-deindustrialization/\nThis is LONG - going into many things that Jack Welch implemented at GE. Things like\n- Stack ranking (promote top \u0026 fire bottom)\n- Business units had to be 1 or 2 in their area or were sold off\n- Increased GE stock price\n- Drove up value of GE Capital\nThe aftermath wasn't pretty. The people that worked for Jack didn't do all that well either.",
"sig": "6938bef60df74c7ce5ca15ebcfcc69ea1d4f7a79dde6378988e9bb127a6041874ef8c6fc7e09001aa4931d2ec94938e7203d7a5e1f712ea074c9c3cff4a41d1f"
}