By Thomas F. O'Boyle
"O'Boyle has researched and written a enormous booklet that are supposed to be obligatory interpreting for all CEOs and someone fascinated by company ethics." --The Philadelphia Inquirer
"Superb . . . a lively examine of basic electrical, and of its occasionally remarkable, 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 push to the pinnacle of Wall road, wondering if GE, with leader government officer Jack Welch on the helm, remains to be "bringing good stuff to life." Welch--explosive, profit-hungry, and pragmatic--catapulted GE's shares to the pinnacle, up 1,155 percentage from 1982 to 1997. O'Boyle argues that those awesome effects have come merely with the heavy rate of employees' lives, blighted lower than the tyranny of "Neutron Jack" Welch, so named for his bomb-like skill to cast off 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 prefer of the extra glamorous leisure and fiscal providers industries--coexist with scandals like price-fixing, toxins, and protection agreement fraud. absolute to spark controversy, this gripping, accomplished account begs the higher 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 punctiliously researched." --USA Today
"This e-book makes a beneficial contribution to our knowing 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 info for At Any Cost: Jack Welch, General Electric, and the Pursuit of Profit
During those years a message came from her stepmother 27 d or i s l e s s i n g that she thought her father would like to see her. Not from her father himself, though. Emily went to lunch at her old home. Perhaps she went more than once. ‘But I never forgave him, never, never,’ she would insist, eyes ﬂashing, her hands in ﬁsts. What would ‘forgiving’ him have meant, from a daughter who had disobeyed him, was independent, doing very well, surely an ornament to him, the family – everyone? ’ Yes? Well she certainly did owe him a lot.
And he could hardly ask Betsy to live in the Redways’ house. That Alfred was going up to London as often as he could to see a nurse became known, and Mr Redway said to Alfred that he would accompany him to the top ﬁeld to look at the new cowshed. Alfred wondered what was coming: probably Bert’s drinking. The Redways’ house had once been the manager’s house for a large estate that had done badly and was divided and sold. As well as the Redways’ house there were a lot of cottages, of various kinds and sizes, which had in them the labourers and 29 d or i s l e s s i n g their families.
And Daisy doesn’t seem to have time these days. ’ And perhaps not. ’ my father might demand of my mother, looking back at his youthful self. ‘Good God, when I think …’ ‘God knows,’ says my mother, sighing. ’ Emily, Sister McVeagh at the Royal Free, loved her work. ’ This was Daisy, who was working her way along a different itinerary. Emily played tennis with schoolfriends to whom she was writing in her old age: ‘Do you remember …’ She worked hard at her piano and took her ﬁnals in that time. The examiners told her she could have a career as a concert pianist if she wanted.
At Any Cost: Jack Welch, General Electric, and the Pursuit of Profit by Thomas F. O'Boyle