By Thomas F. O'Boyle
"O'Boyle has researched and written a enormous e-book that are supposed to be necessary analyzing for all CEOs and someone eager about enterprise ethics." --The Philadelphia Inquirer
"Superb . . . a lively learn of common electrical, and of its occasionally superb, occasionally bungling, yet regularly ruthless boss, Jack Welch." --Chicago Sun-Times
With convincing ardour and meticulous study, Thomas F. O'Boyle explores the forces in the back of normal Electric's upward push to the head of Wall road, wondering if GE, with leader government officer Jack Welch on the helm, remains to be "bringing great things to life." Welch--explosive, profit-hungry, and pragmatic--catapulted GE's shares to the pinnacle, up 1,155 percentage from 1982 to 1997. O'Boyle argues that those remarkable effects have come in simple terms with the heavy cost of employees' lives, blighted below the tyranny of "Neutron Jack" Welch, so named for his bomb-like skill to do away with employees with no anxious surrounding operations. in the course of Welch's reign, hard-nosed luck tactics--unblinking downsizing, ruthless acquisition negotiations, and the digital abandonment of producing in want of the extra glamorous leisure and fiscal companies industries--coexist with scandals like price-fixing, pollutants, and protection agreement fraud. guaranteed to spark controversy, this gripping, complete account begs the higher query: Is Jack Welch's GE a version corporation for enterprise within the subsequent century, or is it time to alter the way in which the realm does company?
"Smoothly written and punctiliously researched." --USA Today
"This e-book makes a important contribution to our figuring out of company the United States. . . . Thomas F. O'Boyle persuades you that GE--Jack Welch's GE--brings undesirable issues to existence. In abundance." --Washington Monthly
Read or Download At Any Cost: Jack Welch, General Electric, and the Pursuit of Profit PDF
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Additional info for At Any Cost: Jack Welch, General Electric, and the Pursuit of Profit
So we stopped and we saw this faucet on the outside of the service station. ’ And we went to turn that thing on and the white dude that owned the station said, ‘Hey, boy, take your mouth off o’ there,’ and he wouldn’t let us get any water! And to give you an idea, some of the places that you would least expect it, I’ll never forget when I was on the road with Dinah, we came into Indianapolis early in the morning and the restaurant there wouldn’t serve us and they wouldn’t even sell our road manager, Nat Margo, who was white, anything to bring out to us!
They were coming in late. Now we had played in special events at Club Bali and we had uniforms, we didn’t drink, and we were always on time. At that time Local 17 had a business agent that would come by and check on your union card and stuff like that. Mr. Barns had had all of us join the union, and he was a member of the same lodge as the president of the union. ’ He said that all of Al Dunn’s band, their dues was behind. ‘Okay, this is what we gonna do,’ he said. ‘You have your band settin’ outside tonight.
I can remember, Woody Herman came to the Capital Theater. That was when he had Gene Ammons. Of course they didn’t want Gene to play because he was black. ’ So they eventually let him play. The whole band used to come up to the Caverns and they’d sit in and we’d have a jam session. Every night musicians would come in, whoever was playin’ at the Howard Theatre, and that would help me. I’d practice all day long, getting ready for the night. Of course, Ben Webster, he used to come by and bring his big ol’ Great Dane dog.