By Thomas F. O'Boyle
"O'Boyle has researched and written a huge publication that are supposed to be needed analyzing for all CEOs and someone focused on company ethics." --The Philadelphia Inquirer
"Superb . . . a lively research of normal electrical, and of its occasionally magnificent, occasionally bungling, yet regularly ruthless boss, Jack Welch." --Chicago Sun-Times
With convincing ardour and meticulous learn, Thomas F. O'Boyle explores the forces in the back of normal Electric's upward push to the pinnacle of Wall road, wondering if GE, with leader govt officer Jack Welch on the helm, continues to be "bringing great things to life." Welch--explosive, profit-hungry, and pragmatic--catapulted GE's shares to the head, up 1,155 percentage from 1982 to 1997. O'Boyle argues that those mind-blowing effects have come in simple terms with the heavy expense of employees' lives, blighted lower than the tyranny of "Neutron Jack" Welch, so named for his bomb-like skill to get rid of employees with out hectic surrounding operations. in the course of Welch's reign, hard-nosed good fortune tactics--unblinking downsizing, ruthless acquisition negotiations, and the digital abandonment of producing in want of the extra glamorous leisure and fiscal prone industries--coexist with scandals like price-fixing, toxins, and protection agreement fraud. bound to spark controversy, this gripping, complete account begs the better query: Is Jack Welch's GE a version corporation for enterprise within the subsequent century, or is it time to alter the best way the area does company?
"Smoothly written and punctiliously researched." --USA Today
"This booklet makes a invaluable contribution to our figuring out of company the US. . . . Thomas F. O'Boyle persuades you that GE--Jack Welch's GE--brings undesirable issues to existence. In abundance." --Washington Monthly
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Extra info for At Any Cost: Jack Welch, General Electric, and the Pursuit of Profit
J. Morgan Kousser and James M. McPherson (New York: Oxford University Press, 1982), 315-47; and Foner, Recon- Page xvi struction, 349-50. Thomas Holt, in his review of Carpetbagger of Conscience, harshly judges Bryant for this transgression and refuses to believe any decent motive on his part. Holt's interpretation goes beyond the existing evidence, though it is not difficult to believe that JEB would have harbored ill feeling against Belcher because of his earlier actions. 15 See Abbott, "The Republican Party Press," 754-55, for his assessment of Bullock's printing costs.
Rufus Bullock, on the other hand, hobnobbed with the Atlanta elite, enjoying his business fortune; Tillson lost money as a planter in Georgia but made a fortune in granite back in Maine. S. marshall, with recognition at last at Page xiii the Georgia bar. Using the language of religious purpose, as he frequently did, he continued to seek the link between education, social reform, and politics as the avenue for change. As noted in Carpetbagger of Conscience's retrospective on JEB, the best measure of the man was in his friends and enemies.
26 In the main, however, Bryant likely embodied the prevailing liberal position and relied on abolitionist literature for his evidence. " George Frederickson has convincingly shown that Harriet Beecher Stowe's antislavery circle treated an "idealized Negro" as the convenient symbol of docility and trust and thereby contrasted strongly with the Caucasians who enslaved blacks. Later novels by Mrs. 27 Bryant's experience with black troops during the Civil War would bring a measure of realism to his view.