3 ms·

I'm not sure how it was developed, but its popularity is credited to Jack Welch, who introduced it to General Electric in 1980. In doing so, GE experienced a "5

by nness 13y ago

I'm not sure how it was developed, but its popularity is credited to Jack Welch, who introduced it to General Electric in 1980. In doing so, GE experienced a "5-fold increase in revenue": http://en.wikipedia.org/wiki/Vitality_curve http://en.wikipedia.org/wiki/Vitality_curve

marshray 13y ago
In 1980 President Reagan was elected. In addition to many technologies (e.g., LSI ICs) coming online, the amount of taxpayer debt that the US government funneled into our industrial sector over the next few years was simply staggering. One should look at where this revenue was coming from and compare GE to other companies in the sector (i.e., other makers of nuclear reactors and jet engines) during this time before drawing conclusions about personnel management theories (of all things).