Lights Out
Pride, Delusion, and the Fall of General Electric
Thomas Gryta
Lights Out is the captivating history of General Electric's decline, told by two Wall Street Journal reporters who covered its fall. This iconic corporation was once a symbol of job security and investment success, powering everything from lightbulbs to American turbines and boasting legendary CEO Jack Welch. However, as Welch's handpicked successor, Jeff Immelt, attempted to fix past mistakes, he stumbled into new ones of his own, leading to the company's ultimate decline. This book is a cautionary tale for our times, highlighting the danger of losing direction in a win-at-all-costs culture.
Publish Date
2020-07-21T00:00:00.000Z
2020-07-21T00:00:00.000Z
Goodreads Rating
3.93
ISBN
9780358250418
Categories
Recommendations
2
Recommendations
2021-04-04T03:26:35.000Z
Read 2 books giving 2 sides of the fall of GE: “Lights out” by Gryta/Mann and CEO Immelt’s “ Hot Seat”
This is what makes equity investing, assessing mgmt quality etc. so interesting & unlike the all black, all white labels given out by young investors these days
Recommend both – source2020-12-09T01:46:57.000Z
@ShaneAParrish 3 that stand out:
Maybe You Should Talk To Somebody by Lori Gottlieb
Lights Out by Thomas Gryta
The Man Who Solved The Market by Gregory Zuckerman – source