Once again the Jack Welch model eats another company.
“Once again the Jack Welch model eats another company.”
Yep. Dave Calhoun is a Jack Welch manager and sucks terribly as CEO of Boeing.
Jack Welch was a true jerk and a traitor. He stated all of the insourcing and outsourcing to India and was one of the leaders of the the industrialization of America.
When I worked at Martin Marietta, we purchased the GE aerospace wing from Jack Welch. His managers brought one thing with them which was helpful: every product line must be in the top three of their market or have a plan to get there in three years - or get out of that business. Helped weed out losing ventures.
Yeah, as soon as I saw “GE”, it explained a lot.