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The "dumbest idea in the world" phrasing borrowed by the headline didn't originate with some wild-eyed lefty or academic, but is attributed to Jack Welch, celeb
by Lagged2Death 12y ago
The "dumbest idea in the world" phrasing borrowed by the headline didn't originate with some wild-eyed lefty or academic, but is attributed to Jack Welch, celebrated former CEO of GE.
- fsloth 12y agoYeah, and he admitted himself that retrospectively it was not such a good one."Shareholder value is an outcome—not a strategy." - Jack Welch http://www.businessweek.com/bwdaily/dnflash/content/mar2009/db20090316_630496.htm http://www.businessweek.com/bwdaily/dnflash/content/mar2009/...)
- calinet6 12y agoThat 'strategy' quote is a far more intelligent than the title quote. It completely and concisely sums up the correct argument in 8 words, and it does it better than the paper linked.