Lights Out Pride Delusion and the Fall of General Electric 1st edition by Thomas Gryta, Ted Mann ISBN 0358250412 978-0358250418

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Product details:

ISBN 10: 0358250412
ISBN 13: 978-0358250418
Author: Thomas Gryta, Ted Mann

A WALL STREET JOURNAL BESTSELLER

“If you’re in any kind of leadership role—whether at a company, a non-profit, or somewhere else—there’s a lot you can learn here.”—Bill Gates, Gates Notes

How could General Electric—perhaps America’s most iconic corporation—suffer such a swift and sudden fall from grace?

This is the definitive history of General Electric’s epic decline, as told by the two Wall Street Journal reporters who covered its fall.

Since its founding in 1892, GE has been more than just a corporation. For generations, it was job security, a solidly safe investment, and an elite business education for top managers.

GE electrified America, powering everything from lightbulbs to turbines, and became fully integrated into the American societal mindset as few companies ever had. And after two decades of leadership under legendary CEO Jack Welch, GE entered the twenty-first century as America’s most valuable corporation. Yet, fewer than two decades later, the GE of old was gone.

​Lights Out examines how Welch’s handpicked successor, Jeff Immelt, tried to fix flaws in Welch’s profit machine, while stumbling headlong into mistakes of his own. In the end, GE’s traditional win-at-all-costs driven culture seemed to lose its direction, which ultimately caused the company’s decline on both a personal and organizational scale. Lights Out details how one of America’s all-time great companies has been reduced to a cautionary tale for our times.
 

Lights Out Pride Delusion and the Fall of General Electric 1st Table of contents:

Contents

1. Off a Cliff

2. The Meatball

3. Neutron Jack

4. Big Jeff

5. The Race

6. Make Some Noise

7. The Edison Conduit

8. Senioritis

9. Last Call

10. Buying and Selling

11. Imagination at Work

12. Time to Go Big

13. Higher Returns

14. Applied Mathematics

15. Size Doesn’t Matter

16. The Screwup

17. Enter the Bear

18. Paper Jam

19. Suspenders on Suspenders

20. Circle the Wagons

21. Kabletown

22. No Other Way

23. Green Is Green

24. Palate Cleanser

25. The Quarry

26. New Lieutenant

27. Playing Startup

28. Cowboys into Farmers

29. Project Hubble

30. The Chop Shop

31. Big Bets

32. Dinner in Paris

33. One Day in Chicago

34. A Modest Proposal

35. “We Know What We’re Doing”

36. Buy High

37. The Problem with Owen’s Hammer

38. “I Don’t Even Know What We’re Selling”

39. Jeff’s Deal

40. Closing Costs

41. An Unexpected Guest

42. The Candy Factory

43. Your People Don’t Want It Bad Enough

44. Making Adjustments

45. Back Bay Deal

46. Managing Power

47. Unmovable Target

48. The New Guy

49. Behind the Curtain

50. Triage

51. Cleaning House

52. Conservatively Calculated

53. A Reset Year

54. A Bill Comes Due

55. Asleep at the Switch

56. “Managing in a Broader Sense”

57. A Midstream Change

Back Matter

Epilogue: “Jeff Is a Friend”

Acknowledgments

Notes

Bibliography

Index

About the Author

Back Flap

Back Cover

Spine

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Tags: Thomas Gryta, Ted Mann, Lights Out, General Electric