[Ididntdothis]

GE should be a warning for all management gurus. I still remember when Jack Welch was the idol of all managers and I read a lot about how GE was grooming the next generation of super managers. Turns out that Welch didn’t really create a company that could perform with excellence in the long run. Seems he was more of a one hit wonder.

[projektfu]

Actually, I'd say he was more of a fraud. It's been well known that under his administration GE earnings growth was basically linear and returned to typical volatility after he left, suggesting he was manipulating the figures to make it work. Meanwhile the company had sold off most of the businesses it was known for with the exception of light bulbs and aircraft engines.