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The Latest Breaking News from Jack Welch

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.

Los Angeles Times

Tough new laws needed to change the culture of business

City Voices: Business leaders should be as accountable as politicians

Evening Standard

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.

Tribune News Service

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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.

AAP

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

Daily Record

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 Guardian - UK

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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.

The Conversation

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.

Bangkok Post

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.

ABC News

Graft phone with 'you still on' text helped put dealer behind bars

Jack Welch has been jailed after plain clothed officers spotted a drug deal

Liverpool Echo

Boeing 737 Max disaster casts long shadow as planemaker tries to rebuild fortunes

Planemaker’s leadership team must restore its reputation and its balance sheet amid an uncertain future for the aviation industry

The Guardian - UK

The Man Who Broke Capitalism — did Jack Welch destroy corporate America?

In his sharp, provocative book, David Gelles argues that the GE boss’s brutal efficiency drive led to long-term decline

Financial Times

Short-term profits and long-term consequences — did Jack Welch break capitalism?

The General Electric CEO wowed investors and mingled with celebrities. But New York Times correspondent David Gelles says Welch's aggressive tactics also caused irreparable harm to American industry.

WEKU

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