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Summary of david gelles's the man who broke capitalism
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Summary of david gelles's the man who broke capitalism

Summary of david gelles's the man who broke capitalism

  Everest Media

Parution le 22/07/2022

Résumé

Please note: This is a companion version & not the original book. Sample Book Insights:#1 In 1980, Ronald Reagan was elected president with the slogan Let's Make America Great Again. The new president's economic policy, Reaganomics, prioritized lower taxes, decreased regulation, and a favorable attitude toward Wall Street.#2 When Welch took over as CEO, he was very different from Jones. He was impatient, impulsive, and crass. He spoke with a thick Boston accent, and when he grew angry, a stutter flared up. He loathed hierarchy and bureaucracy, and didn't care what people thought of him as long as he was making money for the company.#3 In the mid-1970s, Welch went on tour with a GE joint venture in Japan, where he was shocked by the manufacturing process. When America's standing in the world was questioned in 1980, Welch and Jones wrote a letter to shareholders acknowledging the need for urgent change.#4 Jack Welch, the iconic chairman of GE, drastically overcorrected when he took over. He abandoned American manufacturing and began shutting down factories around the country.

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  NUMERIQUE
Éditeur(s) Everest Media LLC
Auteur(s)   Everest Media
Parution 22/07/2022
Contenu ePub
EAN13 9798822546912

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