"O'Boyle has researched and written a monumental book that should be mandatory reading for all CEOs and anyone concerned with business ethics." --The Philadelphia Inquirer "Superb . . . a spirited study of General Electric, and of its sometimes brilliant, sometimes bungling, but always ruthless boss, Jack Welch." --Chicago Sun-Times With convincing passion and meticulous research, Thomas F. O'Boyle explores the forces behind General Electric's rise to the top of Wall Street, questioning if GE, with chief executive officer Jack Welch at the helm, is still "bringing good things to life." Welch--explosive, profit-hungry, and pragmatic--catapulted GE's stocks to the top, up 1,155 percent from 1982 to 1997. O'Boyle argues that these astounding results have come only with the heavy price of employees' lives, blighted under the tyranny of "Neutron Jack" Welch, so named for his bomb-like ability to eliminate staff without disturbing surrounding operations. During Welch's reign, hard-nosed success tactics--unblinking downsizing, ruthless acquisition negotiations, and the virtual abandonment of manufacturing in favor of the more glamorous entertainment and financial services industries--coexist with scandals like price-fixing, pollution, and defense contract fraud. Sure to spark controversy, this gripping, comprehensive account begs the greater question: Is Jack Welch's GE a model company for business in the next century, or is it time to change the way the world does business? "Smoothly written and thoroughly researched." --USA Today "This book makes a valuable contribution to our understanding of corporate America. . . . Thomas F. O'Boyle persuades you that GE--Jack Welch's GE--brings bad things to life. In abundance." --Washington Monthly

Academic Paper from the year 2020 in the subject Business economics - Operations Research, grade: 97, , course: MAN 4504, language: English, abstract: This paper deals wirh General Electrics' operation strategy, production and operating procedures, technology and automation, and CQM. General Electric has been a household name since 1892 when they bought Thompson Electric, Houston Electric, and Edison General Electric Company. Thomas Edison founded his company in 1878 to sell his incandescent light bulb. When GE acquired all the assets from Edison General Electric Company they also enlisted its founder who contributed to GE by allowing them to use his patents and he remained a consultant to the company for many years. (The Editors of Encyclopedia Britannica, 2020) GE makes a very wide range of products and services. Their consumer products are where a wide range of their products and services occur; however, GE makes most of its sales to the U.S. Department of Defense. GE has a remarkably diverse product line the market segments they work in are Power, Aviation, Capital, Healthcare, and Renewable Energy. Some of those product categories they make products or services for are: sensor-based measurement and asset condition monitoring, power generation products, renewable energy, and energy services, water & process technologies (Equipment, Chemicals and Services), healthcare technologies and services, mining solutions and services, life science research, pharma manufacturing, and diagnostic imaging, Transportation technology, supplies, and services, lighting solutions and services, aviation engines, components, systems, and services, electricity transmission, distribution, conversion, and consulting, software connected machines and devices, life science research, home appliances, pharma manufacturing, and diagnostic imaging, and transportation technology, supplies, and services.