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All of Jack Welch’s management tactics should be considered suspect now. His performance at GE was 100% fueled by financial leveraging that blew up in 2009, ba
by pembrook 2y ago
All of Jack Welch’s management tactics should be considered suspect now.
His performance at GE was 100% fueled by financial leveraging that blew up in 2009, basically killing the company. Nobody should be taking management lessons from this guy.
- lotsofpulp 2y ago> Nobody should be taking management lessons from this guy. Rank and yank is simply about lowering labor costs, once the business has achieved a significant moat and no longer needs to focus solely on growing revenues. A negotiating tool for the labor buyer, due to the continuous threat of termination.