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I read the book too and thought it was ironic that both businesses and employees were subjected to stack ranking within GE, yet Welch was praised while failing
by PaulWaldman 4y ago
I read the book too and thought it was ironic that both businesses and employees were subjected to stack ranking within GE, yet Welch was praised while failing to maximize long-term shareholder value.
- tkk23 4y agoFrom that book I vaguely remember that he negotiated a deal with his wife that he was proud to break while she maintained her part. It was something like he visits art installations with her if she plays golf with him. He didn't seem to realize that he most likely killed his marriage with that attitude. He was winning while losing.