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A comment on What Jack Welch Got Wrong (Just About Everything).

Re:What Jack Welch Got Wrong (Just About Everything) by GianFabien on Monday July 04, 2022 @10:58PM (#31983844)
Jack Welch had only one metric that mattered: shareholder value and gains.

The institutional investors and funds managers profited massively. So much so that companies, such as IBM copied his playbook. It's strictly about making the 1% even richer and trampling over the 99%.

[ Parent | on HN ]
Re:What Jack Welch Got Wrong (Just About Everything) by jqpabc123 on Tuesday July 05, 2022 @07:31AM (#31986915)
Sociopathic management. Toxicity solves everything. Riches for me, crumbs for thee.

This is the American contribution to organizational dynamics.

Glad I became a "corporate America dropout" over 25 years ago.

[ Parent | on HN ]