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Started By
Message
Jack Welch dead
Posted on 3/2/20 at 10:18 am
Posted on 3/2/20 at 10:18 am
quote:
Yashar Ali
@yashar
Jack Welch, who led General Electric through two decades of extraordinary corporate prosperity and became the most influential business manager of his generation, has died.
He was 84.
NYT obit
15
Posted on 3/2/20 at 10:18 am to HailHailtoMichigan!
2020 doing work already
Posted on 3/2/20 at 10:18 am to HailHailtoMichigan!
Well my life will be changed forever now.
Posted on 3/2/20 at 10:20 am to HailHailtoMichigan!
The pioneer of bullshite corporate culture
Posted on 3/2/20 at 10:20 am to HailHailtoMichigan!
Money Board....where this is already a thread.
Posted on 3/2/20 at 10:21 am to HailHailtoMichigan!
Looks like God top graded the organization and he didn't make the cut.
Posted on 3/2/20 at 10:24 am to HailHailtoMichigan!
Posted on 3/2/20 at 10:46 am to HailHailtoMichigan!
Coronavirus
Posted on 3/2/20 at 11:18 am to HailHailtoMichigan!
quote:
Jack Welch dead
I guess he finally ended up in the bottom 25 % and got cut.
Posted on 3/2/20 at 11:28 am to Will Cover
Posted on 3/2/20 at 11:52 am to HailHailtoMichigan!
Who?
Posted on 3/2/20 at 12:00 pm to Cold Drink
Agree 100%.
Posted on 3/2/20 at 12:47 pm to MojoGuyPan
quote:famous for the GE style of management where you fire the bottom 15% every year and underpay the top 15%. He thought it was good to have 30% workforce turnover every year.
Who?
When my company would hire ex-GE employees we would ask if they were the top 15% or the bottom.
This post was edited on 3/2/20 at 12:49 pm
Posted on 3/2/20 at 12:47 pm to Asharad
10% I think, right?
Posted on 3/2/20 at 12:49 pm to TheCaterpillar
quote:. Maybe. I never worked for GE. But we had plenty of ex-GE roll through with similar mindsets. I was told our company was targeting 20% turnover.
10% I think, right?
This post was edited on 3/2/20 at 12:51 pm
Posted on 3/2/20 at 12:50 pm to Cold Drink
quote:
The pioneer of bullshite corporate culture
And companies not staying in their own lane.
Posted on 3/2/20 at 12:51 pm to HailHailtoMichigan!
Did the Carona virus get him?
Posted on 3/2/20 at 12:53 pm to Asharad
I honestly like the idea of a ~10% forced layoff at the bottom each year if you can effectively recruit new candidates to take their spots.
It is tough to narrow down that 10% though if you aren't measured by very measureable metrics like total sales, etc.
Basically, you'd have to get each manager to nominate 10% of their groups to be laid off I guess and trust their opinions.
ETA:
Better in theory than in practice.
It is tough to narrow down that 10% though if you aren't measured by very measureable metrics like total sales, etc.
Basically, you'd have to get each manager to nominate 10% of their groups to be laid off I guess and trust their opinions.
ETA:
Better in theory than in practice.
This post was edited on 3/2/20 at 12:54 pm
Posted on 3/2/20 at 1:57 pm to HailHailtoMichigan!
quote:
who led General Electric through two decades of extraordinary corporate prosperity and became the most influential business manager of his generation
Damn I’m jelly
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