Lights Out - Pride, Delusion, And The Fall Of General Electric

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Corporate downfall: Lights Out for General Electric

Lights Out is a must-read for those interested in the inner workings and culture of a major corporation. Gryta and Mann tell the gripping story of GE's rapid decline, shedding light on the personalities, mistakes, and company culture that ultimately led to its downfall. Readers will gain a newfound appreciation for the importance of sound leadership and organizational behavior in a successful business.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Lights Out - Pride, Delusion, And The Fall Of General Electric

Regular price ₱300.15
Unit price
per
ISBN: 9780358567059
Publisher: Mariner Books
Date of Publication: 2021-05-04
Format: Paperback
Goodreads rating: 3.93
(rated by 4255 readers)

Description

A WALL STREET JOURNAL BESTSELLER"If you’re in any kind of leadership role—whether at a company, a non-profit, or somewhere else—there’s a lot you can learn here."—Bill Gates, Gates NotesHow could General Electric—perhaps America’s most iconic corporation—suffer such a swift and sudden fall from grace?This is the definitive history of General Electric’s epic decline, as told by the two Wall Street Journal reporters who covered its fall.Since its founding in 1892, GE has been more than just a corporation. For generations, it was job security, a solidly safe investment, and an elite business education for top managers.GE electrified America, powering everything from lightbulbs to turbines, and became fully integrated into the American societal mindset as few companies ever had. And after two decades of leadership under legendary CEO Jack Welch, GE entered the twenty-first century as America’s most valuable corporation. Yet, fewer than two decades later, the GE of old was gone.​ Lights Out examines how Welch’s handpicked successor, Jeff Immelt, tried to fix flaws in Welch’s profit machine, while stumbling headlong into mistakes of his own. In the end, GE’s traditional win-at-all-costs driven culture seemed to lose its direction, which ultimately caused the company’s decline on both a personal and organizational scale. Lights Out details how one of America’s all-time great companies has been reduced to a cautionary tale for our times.
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Corporate downfall: Lights Out for General Electric

Lights Out is a must-read for those interested in the inner workings and culture of a major corporation. Gryta and Mann tell the gripping story of GE's rapid decline, shedding light on the personalities, mistakes, and company culture that ultimately led to its downfall. Readers will gain a newfound appreciation for the importance of sound leadership and organizational behavior in a successful business.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.