Lights Out: Pride, Delusion, and the Fall of General Electric By Thomas Gryta

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Best Edition Lights Out: Pride, Delusion, and the Fall of General Electric with Free PDF EDITION Download Now!


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 NotesHow 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.  

At this time of writing, The Ebook Lights Out: Pride, Delusion, and the Fall of General Electric has garnered 9 customer reviews with rating of 5 out of 5 stars. Not a bad score at all as if you round it off, it’s actually a perfect TEN already. From the looks of that rating, we can say the Ebook is Good TO READ!


Best Edition Lights Out: Pride, Delusion, and the Fall of General Electric with Free PDF EDITION!



I spent 25 years with GE (17 as an executive band employee), and worked at 6 different businesses within the company. I joined one of the company's corporate leadership programs directly from a 4 year tour with the Army - I targeted GE specifically as I was leaving the military and spent 6 months pestering the company for an interview before they agreed to speak with me. When I finally got an offer I just couldn't believe how blessed I was. I am proud of my GE career, and I am grateful for the chances I had to work with high quality people during my time there. It wasn't an easy place to make a career, and the company had a lot of warts, but I found the culture to be mostly inspiring (more under Welch than Immelt) and the opportunities for growth were incredible.Reliving the unraveling of a company I loved was not easy, but I would still recommend this book to anyone wondering what happened. For me, it was a difficult, almost cathartic read. My former GE colleagues, especially the ones who spent many years with GE, will recognize many of the people, events and cultural dynamics the author describes. This book is well researched and well written.


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