Jack Welch has died

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.

Re: Jack Welch has died

#5

Post by VLM » Mon, Mar 02, 2020, 3:08 PM UTC

Technically he's not dead, he's just been downsized to increase shareholder value.

Re: Jack Welch has died

#6

Post by kingkawn » Mon, Mar 02, 2020, 3:10 PM UTC

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.

Re: Jack Welch has died

#7

Post by ethbro » Mon, Mar 02, 2020, 3:13 PM UTC

VLM wrote: post #5

Technically he's not dead, he's just been downsized to increase shareholder value.

Public figures are still human, with families...

Re: Jack Welch has died

#8

Post by [deleted] » Mon, Mar 02, 2020, 3:14 PM UTC

[deleted]

Re: Jack Welch has died

#9

Post by crystaldev » Mon, Mar 02, 2020, 3:15 PM UTC

ethbro wrote: post #7

VLM wrote: post #5

Technically he's not dead, he's just been downsized to increase shareholder value.

Public figures are still human, with families...

I'll grant you the families part.

Re: Jack Welch has died

#10

Post by [deleted] » Mon, Mar 02, 2020, 3:15 PM UTC

ethbro wrote: post #7

VLM wrote: post #5

Technically he's not dead, he's just been downsized to increase shareholder value.

Public figures are still human, with families...

[deleted]