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GE was a slow-mo train wreck for years (pun intended).

Recently read "Lights out", about their problems in the last ~20 years, fascinating read, heartily recommended.

And yet Jack Welch somehow came to be looked upon as a management guru instead of someone who gutted the long-term viability of GE in favor of financialization.

Luckily I think history is doing its job in changing how Jack Welch's legacy will be remembered. I don't think students or upcoming businesspeople are really learning Welch's approach anymore.

Jack Welch has definitely fallen out of favor considering the results obviously illustrate his failures.

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