Jack Welch, the Man Who Broke Capitalism (2022)
https://www.forbes.com/sites/kylewestaway/2022/05/31/jack-welch-the-man-who-broke-capitalism/
#ycombinator #Jack_Welch #David_Gelles #General_Electric #America #Boeing #shareholder_maximization
https://www.forbes.com/sites/kylewestaway/2022/05/31/jack-welch-the-man-who-broke-capitalism/
#ycombinator #Jack_Welch #David_Gelles #General_Electric #America #Boeing #shareholder_maximization
Jack Welch, The Man Who Broke Capitalism
In David Gelles’ new book, The Man Who Broke Capitalism —and How to Undo His Legacy, he chronicles how Welch’s laser focus on maximizing shareholder value by any means necessary - including layoffs, outsourcing, offshoring, acquisitions, and buybacks - became the new playbook in American business.
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