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Diagnosing General Electric’s situation did not take Jack Welch long: he knew his organization’s problems well, had lived with them for years while working there and knew every detail of it, so the diagnosis was quick and accurate, and his vision of the organization’s future was just as clear.
Welch spent about twenty years as chief executive of General Electric, and throughout them he never stopped, not for a moment, changing and transforming it, until continuous change became an integral part of this great economic institution. Welch waged an all-out war on bureaucracy, on the many…
The COVID-19 pandemic caused many disruptions to companies of every kind, putting them to a real test of their ability to manage the risks it created. The pandemic left companies with two options and no third...
