Lights Out: Pride, Delusion, and the Fall of General Electric By Thomas Gryta

Thomas Gryta ☆ 3 free download

Lights Out: Pride, Delusion, and the Fall of General Electric eBook : Gryta, Thomas, Mann, Ted: : Books Lights Out: Pride, Delusion, and the Fall of General Electric

The authors have achived their primary goal, to summarize the history of this great Amrican company, its rise to proeminence under the leadership of Jack Welsch, and its decline in the last 20 years, to its current status, a pale shadow : too much financial risk, too much Lights Out: Pride, Delusion, and the Fall of General Electric I thought the book was a fascinating read and for a business book an easy read. Perfect for a Christmas present for somebody who enjoys business books. Its tells an interesting story and leaves you with a lot to think about. Even after reading it. Its still hard to tell Lights Out: Pride, Delusion, and the Fall of General Electric First let me put in context my interest in this book. I am a GE employee, not by choice, but through chance as the company I worked for was taken over 9 years ago (I was a bit disappointed that the takeover was not mentioned in the book, although I guess $3 billion dollars Lights Out: Pride, Delusion, and the Fall of General Electric The book tells me managerial excellence is over rated. It confirms Warren Buffett’s view: “When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.” Lights Out: Pride, Delusion, and the Fall of General Electric I was very interested to see this book as I have watched from afar to see the collapse of GE. Two writers putting together an account sounded ideal. Looking from my vantage point, the GE Capital story always looked a bit too good to be true but what did I know? The book Lights Out: Pride, Delusion, and the Fall of General Electric

The lesson here is, be careful how you lead. Sad story about GE's decline exposing leadership that can be deceptive. Lights Out: Pride, Delusion, and the Fall of General Electric A Lights Out: Pride, Delusion, and the Fall of General Electric Interesting for past or present GE employees to get an insight into the recent history and decision making at the top of the company.Not many lessons clearly articulated so you have to come to your own conclusions. Lights Out: Pride, Delusion, and the Fall of General Electric