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An interesting biography of one of the greatest CEOs of all time. He grew General Electric into the biggest company on earth. I really enjoyed listening to this book, narrated by Welch. His management style was aggressive, go-getting, and all about what was best for the business.
One thing that disturbed me was the way he treated “subpar” employees. The top 20% received all kinds of (financial) incentives and rewards. The majority (mid 70%) of workers received commendation and continued employment. The bottom 10% were let go. Fired. While this may be an efficient way to run a company, it certainly isn’t exactly a humane one.
All in all, I enjoyed learning—straight from the chief himself—how he ran the world’s largest company.
One thing that disturbed me was the way he treated “subpar” employees. The top 20% received all kinds of (financial) incentives and rewards. The majority (mid 70%) of workers received commendation and continued employment. The bottom 10% were let go. Fired. While this may be an efficient way to run a company, it certainly isn’t exactly a humane one.
All in all, I enjoyed learning—straight from the chief himself—how he ran the world’s largest company.