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Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success
book

Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success

by Scott Davis, Carter Copeland, Rob Wertheimer
July 2020
Beginner content levelBeginner
288 pages
8h 23m
English
McGraw-Hill
Audiobook available
Content preview from Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success

CHAPTER

1

GENERAL ELECTRIC

PART I

The Jack Welch Years and the Cash Flow Machine That Created the Largest Company on Earth

BY SCOTT DAVIS

Images

Our first case study is the biggest story of them all, the amazing and disheartening narrative of a signature American company that rejuvenated its business a number of times and then faltered, in one of the largest erosions of shareholder and reputational value in history.

General Electric (GE) reached the pinnacle of capitalism in the 1990s. In 1999, Fortune called CEO Jack Welch the “Manager of the Century.” With a $600 billion market cap in 2000, it became the most valuable company in the world, about ...

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Publisher Resources

ISBN: 9781260468403