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

Name: Lights Out: Pride, Delusion, and the Fall of General Electric
Price: 16.49 USD
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Rating: 4.4 (2229 reviews)

4.4 of 5 Stars: Industries - Lights Out: Pride, Delusion, and the Fall of General Electric

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Book Synopsis: 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.

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Discover the captivating tale of 'Lights Out: Pride, Delusion, and the Fall of General Electric', a riveting Wall Street Journal bestseller that delves into the dramatic decline of America's iconic corporation. Learn from the mistakes and missteps of GE's leaders as they navigate through a tumultuous journey of power and downfall. Gain insightful perspectives on leadership and corporate dynamics that will leave you pondering and reflecting on your own role in the business world.

Unravel the mystery behind General Electric's rapid demise with 'Lights Out', a must-read for anyone in a leadership position. Let the Wall Street Journal reporters guide you through the highs and lows of GE's history, offering valuable lessons and cautionary tales that are applicable to any organization. Engage with the compelling narrative that sheds light on the inner workings of a corporate giant and the consequences of misplaced pride and illusions of invincibility.

Don't miss out on the opportunity to absorb the wealth of knowledge and wisdom packed within 'Lights Out: Pride, Delusion, and the Fall of General Electric'. Explore the pages that have garnered acclaim from industry experts and thought leaders, including a glowing recommendation from Bill Gates. Immerse yourself in the narrative that will challenge your perspectives and inspire you to lead with clarity and foresight in a constantly evolving business landscape.

Ready to embark on a transformative journey through the rise and fall of General Electric? Click here to grab your copy now and delve into the unraveling of one of America's corporate giants.

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