Notes
Prologue
1. See https://en.wikipedia.org/wiki/Jack_Welch. See also http://www.businessweek.com/1998/23/b3581001.htm: “So giddy are some Wall Street analysts at GE’s prospects that they believe that when Welch leaves at the end of the year 2000, GE’s stock could trade at $150 to $200 a share, up from $82 now, and the company could be worth $490 billion to $650 billion. ‘This guy’s legacy will be to create more shareholder value on the face of the planet than ever—forever,’ says Nicholas P. Heymann, a onetime GE auditor who follows the company for Prudential Securities.”
2. According to https://en.wikipedia.org/wiki/Frederick_Winslow_Taylor, “Taylor’s scientific management consisted of four principles: Replace rule-of-thumb work methods with ...
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