I wonder if anybody has any good book / article references on alternatives to what Jack Welch did with GE. For years what he did was touted as genius and efficient etc. But it seems that these strategies all sort of make sense if your goal is to maximize executive pay, dividends, and share price, while cutting jobs, R&D spending (to a certain extent outside of known profit centers like plastic manufacturing in the case of GE), and in general optimizing for financial engineering rather than hard engineering improvements. Basically I think plenty of people would say that he promoted a bunch of ideas that were successful for a while but now that we have some hindsight I wonder what would be some good alternative ideas to modernize GE in a better way.