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The Latest Breaking News from Jack Welch

Biden’s and Trump’s ages would prevent them running many top companies – and for good reason

President Joe Biden, currently seeking a second term as the Democratic Party’s nominee, is 81. Former President Donald Trump, the Republican Party’s nominee, is 78. No one older has run for U.S. president before. That was also true in 2020, when the same two men ran against each other.

The Conversation

Kookaburras, Hockeyroos warm up for Paris by beating GB

With the Olympics looming, the Kookaburras and Hockeyroos have both scored impressive wins over Great Britain to wrap up their FIH Pro League seasons in style.

AAP

Kookaburras set for series sweep after fourth India win

The Kookaburras have continued their rich vein of form, beating India for the fourth time in a week at the Perth International Festival of Hockey.

AAP

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With GE’s split, the final chapter of the Jack Welch era is over

One of Welch's last remaining accolytes, Boeing CEO David Calhoun, just resigned.

Axios

Why the S&P 500 is getting 2 new members this week

Spinoffs from 3M and General Electric will start trading this week. GE will get a slight name change as it focuses on aerospace.

The Street

Govers at the double as Kookaburras stay perfect

Blake Govers has notched up another double for Australia's Kookaburras in their latest FIH Pro League win over Ireland in India.

AAP

After the latest Max crisis, Boeing must focus on flight, not finance

For years, the company has focused on costs at the expense of its engineering heritage. Now the numbers look bad too

The Guardian - UK

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Elon Musk's 10 laws of management

Deciphering the world's strangest executive playbook.

Fortune

CEO lessons from the Jack Welches of the world are now 'mostly obsolete'

Today's business landscape requires totally different set of skills, Andrew Liveris writes in his new book.

Fortune

What are Fortune 500 CEOs reading?

41 Fortune 500 CEOs shared their favorite books of the past year.

Fortune

How Boeing’s CEO moved the company forward in the face of multiple crises

Dave Calhoun details the steps he took to get Boeing back to everyday business after the Max crashes and the pandemic.

Fortune

Boeing's CEO is repairing its reputation after the 737 Max crisis

Calhoun became CEO amid the planemaker's 737 Max crisis.

Fortune

Alyth Show looks set to go ahead this year after COVID break

Alyth and District Agricultural Show will return next month with a new format

Daily Record

Gen-Z Moves Beyond Quiet Quitting NYU Business Professor Says

Younger workers are showing remarkable complacency about their employment status.

The Street

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Broadcasting & Cable

Heckled to the Max: Warner's Zaslav Hears About the Writers Strike While Trying to Deliver a BU Commencement Speech

Turns out, the graduating Terrier students didn't want anything to do with his Jack Welch stories

Los Angeles Times

Michael Hiltzik: What 'Succession' got wrong about what happens when moguls die

Near the very end of Sunday's episode of HBO's hit show "Succession," Roman Roy shows his siblings a stock price chart on his smartphone.

Evening Standard

Tough new laws needed to change the culture of business

City Voices: Business leaders should be as accountable as politicians

Tribune News Service

Boeing to slash about 2,000 white-collar jobs in finance and HR

At the end of last month, on the same day that Boeing touted plans to hire 10,000 people this year, senior leadership convened virtual meetings internally to break bad news to nonunion staff in human resources and finance.

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AAP

Last-gasp India winner denies Kookaburras

India have scored a last-gasp winner to beat Australia 4-3 to trail the hosts 2-1 in their five-match international series.

AAP

Kookaburras win adds to Ockenden milestone

Veteran Eddie Ockenden has played a record-breaking 400th hockey international in the Kookaburras' 7-4 win over India in Adelaide.

Daily Record

Highland Spring reacts to suggestion public purse paid for its flood defences

At a recent PKC meeting a councillor questioned if taxpayers' money was being used for the benefit of the private company at Blackford

The Guardian - UK

Power Failure by William D Cohan review – pulling the plug

General Electric was a 20th-century industrial empire. What caused it to fall apart?

The Conversation

Is job insecurity really the great motivator some managers believe it is? We crunched the numbers to find out

Former General Electric chief executive Jack Welch famously promoted the “20-70-10” system to increase labour productivity. Managers were asked to rank employees on a bell curve; the top 20% received rewards, while the bottom 10% were fired.

Bangkok Post

What a board should know when choosing a CEO

Jack Welch, the late CEO of GE, once said: "Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others". His words provide us with a clear picture of the expected quality of achieving true leadership.

ABC News

China was seen as a gold mine for Western tech companies but now they are leaving there empty-handed

US billionaires once believed the "sky would be the limit" when it came to making money in China, however, in recent months, several tech giants — including Amazon's Kindle and Airbnb — have joined a growing exodus from the country.

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