11–20 of 239 posts
Technically he's not dead, he's just been downsized to increase shareholder value.
Public figures are still human, with families...
In upstate New York he held back for over a decade any effort to mitigate legacy PCB pollution from GE’s mostly closed factories there. He funded AstroTurf organizations and downplayed research showing connections between PCB pollution and health problems.
>> He stated that global warming is "the attack on capitalism that socialism couldn't bring", and that it is a form of "mass neurosis". Yet, he said that every business must embrace green products and green ways of doing business, "whether you believe in global warming or not...because the world wants these products".
From [2]:
>> A vitality curve is a performance management practice that calls for individuals to be ranked or rated against their coworkers ... Pioneered by GE's Jack Welch in the 1980s, it has long been a controversial practice due to its negative effects on employee morale and potential for bias and discrimination. Many companies have abandoned the system in recent years
All said and done, RIP.
[1] https://en.wikipedia.org/wiki/Jack_Welch#Personal_opinions
[2] https://en.wikipedia.org/wiki/Vitality_curve
edit: added [2] link
My impression is that he was no management genius but rather fortunate in the timing of moving his company into the FIRE sector. All of that goodwill evaporated in the 09 crisis. Can someone speak to his lasting major contributions? I guess he also deserves the credit/blame for the ubiquity of Six Sigma.
My impression is that he was no management genius but rather fortunate in the timing of moving his company into the FIRE sector. All of that goodwill evaporated in the 09 crisis. Can someone speak to his lasting major contributions? I guess he also deserves the credit/blame for the ubiquity of Six Sigma.
Inflicting "stack ranking" upon the world, for one.
Not all contributions are positive.
Earlier quoted context omitted.
Public figures are still human, with families...
Yeah, I have a hard time dancing on a persons grave. Unless they've done something totally evil, they should be afforded some respect. That said, hearing about Limbaugh's condition tested my ability to live by that principle.
Well, according to a comment upthread:
> In upstate New York he held back for over a decade any effort to mitigate legacy PCB pollution from GE’s mostly closed factories there. He funded AstroTurf organizations and downplayed research showing connections between PCB pollution and health problems.
My impression is that he was no management genius but rather fortunate in the timing of moving his company into the FIRE sector. All of that goodwill evaporated in the 09 crisis. Can someone speak to his lasting major contributions? I guess he also deserves the credit/blame for the ubiquity of Six Sigma.
> Can someone speak to his lasting major contributions? Inflicting "stack ranking" upon the world, for one. Not all contributions are positive.
The real failure of stack ranking is it never ends, so at some point you are firing good employees.
My impression is that he was no management genius but rather fortunate in the timing of moving his company into the FIRE sector. All of that goodwill evaporated in the 09 crisis. Can someone speak to his lasting major contributions? I guess he also deserves the credit/blame for the ubiquity of Six Sigma.
I think he wrote the book all our dads said we were supposed to read.