1 samuel 4 nkjv

This was a fantastic exploration into the inner workings of GE. Rambling. Notably strong language in the epilogue on the failure of the board who oversaw it all without really challenging what was going on. Houghton Mifflin Harcourt (July 21, 2020), Reviewed in the United States on July 26, 2020. These LEDs provide a full-spectrum of color changing light and are available in a … You are. The book sets up the Immelt years with a more balanced view of the Welch years highlighting his obvious skills but also highlighting how he did sow the seeds for the eventual collapse. Looking from my vantage point, the GE Capital story always looked a bit too good to be true but what did I know? It's the same trick your car's headlights use to produce as much light output as possible out in front of you as ... reading books, playing board games ... a bowl of M&Ms lit by a standard GE LED. Taking a break from fiction to catch up with some nonfiction. Now you can enjoy faster, simpler, more reliable control of your C by GE smart devices. Despite a long and storied history, founded by Thomas Edision, "incorporated" by J.P. Morgan, the company was a shining example of what an American company could do, create and become. As such I lived within some of the story laid out here and for me it is fascinating to see what was going on behind the scenes at board level, since most of that was hidden as mere employees. Not being able to see the wood for the trees is an obvious flaw but so easy to see how that develops amidst a company so focused on delivering quarterly earnings. It is clear that GE has fallen from the heights it was at around the turn of the millennium, but it is still unclear the cause. A very well written book on trials and turbulations with the GE both from the historical and leadership perspective, give insights on the internal leadership struggles and the GE performance model that have make so many people miserable, “As an example, if GE was trading at a price-to-earnings ratio of 40, that meant that, if its stock was $40, it was earning $1 per share every year. 2030: How Today's Biggest Trends Will Collide and Reshape the Future of Everything, How to Lead: Wisdom from the World's Greatest CEOs, Founders, and Game Changers, The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival, Radical Uncertainty: Decision-Making Beyond the Numbers. Reviewed in the United States on September 13, 2020. The fact that GE was not fully meeting their pension obligations while they were buying back stock should bring the wrath of jail time to everyone on the leadership team and/or clawbacks of millions of dollars in bonus payments. Acompanho a GE desde o anos 80 e no final dos 90 li várias matérias a respeito da sucessão do Jack Welch. Please try again. I was hoping for more history of the company to give the fall some more emotion. To get the free app, enter your mobile phone number. As an 8 year executive of a business bought by GE, I found this incredibly accurate. Included with a Kindle Unlimited membership. Even though I spent my career in business, I rarely read business books. They focus primarily on the 16-year period when Welch’s successor, Jeff Immelt, was at the helm. And we could see that every day. The book provides an informative explanation and character examination of Jeff Immelt as the CEO of GE. Just a moment while we sign you in to your Goodreads account. There are many lessons learned in this book. It was a challenging and exciting place to work. I noticed that a number of present and former GE employees gave this book a high rating so I can feel comfortable that the author did his research and due diligence in telling the story. I joined one of the company's corporate leadership programs directly from a 4 year tour with the Army - I targeted GE specifically as I was leaving the military and spent 6 months pestering the company for an interview before they agreed to speak with me. One feels more sympathy for Immelt who comes across as more a tragic character than anything else. Lights Out: A Cyber Attack, a Nation Unprepared, Surviving the Aftermath is a cautionary tale. Its tells an interesting story and leaves you with a lot to think about. A bio and his approach brought GE billions despite the old boys club atmosphere, GE had a commitment to its customers, employees and shareholders. Goodreads helps you keep track of books you want to read. I spent 25 years with GE (17 as an executive band employee), and worked at 6 different businesses within the company. To be fair there were a number of anecdotes but this read like a textbook in parts. My only gripe in an otherwise interesting read. Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork, No Rules Rules: Netflix and the Culture of Reinvention, Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success, Lights Out: A Cyberattack, A Nation Unprepared, Surviving the Aftermath, Winning Now, Winning Later: How Companies Can Succeed in the Short Term While Investing for the Long Term, THOMAS GRYTA writes about General Electric for the. Reviewed in the United Kingdom on July 28, 2020. Also GE appeared to be a fairly buttoned up organization, especially under Immelt. This book is no exception. But, like many other Goodreads reviewers for Lights Out, I felt compelled to read this book because I spent a large part of my career working at GE. As an ex GE-Capital employee, it's my view that senior managers and top leadership were only concerned with 1) protecting their bonus & compensation and 2) their ability to move-up. Your recently viewed items and featured recommendations, Select the department you want to search in. This is the story of the recent decline of General Electric. He would point at some of the management hypocrisies even back then. I very much enjoyed the treatment of the shrinking of GE. Heavy on the GE Capital side, it would have been nice if more emphasis was put on Aviation and Power to get a full picture of what really happened. If you have an interest in business, you will find the story of the company’s rose and fall engrossing. The wee people can choke on the left-overs, if there are any left! In the end, GE’s traditional win-at-all-costs driven culture seemed to lose its direction, which ultimately caused the company’s decline on both a personal and organizational scale. Reviewed in the United States on July 27, 2020. Me first! It reports public information with nothing new or interesting. It is full of executives finger pointing at each other. How far the mighty have fallen. Ótimo livro a respeito de uma empresa que segue sendo extremamente importante. The title of pride and delusion is aptly applied here. Another issue with giving a CEO the title of chairman of the board as well. So rather than a industrial company based on the ideals of industrial innovation, it was a company … An excellent book that details the fall of GE from when Jack left until Jeff got asked to leave. Its still hard to tell where it all went wrong for GE. For me, a GE retiree in the same year as Jack Welch, this is a devastating read. I noticed that a number of present and former GE employees gave this book a high rating so I can feel comfortable that the author did his research and due diligence in telling the story. I have a guilty pleasure of reading books about spectacular business failures. Immelt was intent on putting marketing at the heart of GE strategy to dictate not just how the company sold the things it made but what it made in the first place. Find GE christmas lights at Lowe's today. It is not worth the time to read. Their book tells the story of GE, beginning with Jack Welch’s final years as CEO. Meet the C by GE app—rebuilt for the speed of life. Certamente não é a única empresa que perdeu o foco no cliente e que foi forçada a pagar um preço bastante caro por tal ação. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. The Board created a toxic environment which silenced the organ; disbanded the choir; and sold an a cappella mantra as gospel. I can always pull out lessons learned or things to apply within my own career, which is great. I also come from a family who had lots of relatives work at GE and held the company in reverence. 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 is small fare in this story). Also GE appeared to be a fairly buttoned up organization, especially under Immelt. During the 20 years when Welch was CEO General Electric’s value increased from $14 billion to $400 billion. According to one of bosses (who thought he was one of the contenders to replace Immelt) this culture was largely created by Jack ‘Birther’ Welch. “Lights Out is the definitive story of an American business powerhouse losing its way. Lights Out examines how Welch’s handpicked successor, Jeff Immelt, tried to fix flaws in Welch’s profit machine, while stumbling headlong into mistakes of his own. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required. I read this book using immersion reading, while listening to the audio book. The new 80-inch C by GE light strip costs $20 less than a strip of the same size from Philips Hue. seems written by a committee and then edited quite hastily. As the book sets out, GE was a creation of failed Edison businesses joined together by the banker J.P.Morgan, and Edison had little to actually do with the company. Welcome back. Final point, at 340 pages, the book is thorough but I reckon it could have been 240 pages as there is a fair degree of repetition. I am proud of my GE career, and I am grateful for the chances I had to work with high quality people during my time there. Most of the story has been told in the news for anyone who has followed the stock or worked at the company. Maybe it was just me, but I found the telling of the story a bit "dry." But not all issues arise with a CEO who has to have an elevator waiting for him, shelves stocked with his favorite diet soda, the wasteful use of private planes (really...you needed a second one following the first in case the f. Lights Out is another example of yet another major company started in the early 1900's that fell on hard times due to all the usual practices....ego, greed, piss poor decisions and I could go on. I purchased the book mainly because I work for the digital operations of one of GE's rivals and many of our leadership are GE alumni. Lights Out: Pride, Delusion, and the Fall of General Electric, Audio CD, Audiobook, MP3 Audio, Unabridged. Overall I highly recommend reading lights out. Pair your Smart Bulbs and Light Strips with a smart assistant—like Amazon Alexa or Hey Google—for hands-free voice control of your lights… GE branded products have a proud tradition of setting new trends in holiday lighting. GE is now a different place and does not invoke the same sense of awe. As such I lived within some of the story laid out here and for me it is fascinating to see what was going on behind the scenes at board level, since most of that was hidden as mere employees. Something went wrong. Start by marking “Lights Out: Pride, Delusion, and the Fall of General Electric” as Want to Read: Error rating book. The GE “meatball”, Even though I spent my career in business, I rarely read business books. The plight of GE is a real shame. Unable to add item to List. I think it would make a great episode of Frontline or a netflix docuseries. I do believe that as was mentioned that most employees not at the very top were working very hard for a company we really believe in. I was particular interested in the messaging delivered by senior leadership about the state the company was in because I’ve worked in that space in corporate communications, but I also found the strategy behind each acquisition fascinating. This is truly a sad saga, narrating the decline of an iconic American company, General Electric, brought down by financial engineering and mismanagement. Lights Out examines how Welch’s handpicked successor, Jeff Immelt, tried to fix flaws in Welch’s profit machine, while stumbling headlong into mistakes of his own. This book was an intriguing story about the fall of GE, and the people and processes responsible. This is an excellent book, the authors must have spent many hours researching and putting this together. Let us know what’s wrong with this preview of, Published Unfortunately for him, his tenure was marked by two of the worst disasters to hit modern business and our country, the 911 attacks and the 2008 financial crisis. Please try your request again later. Enjoy a great reading experience when you borrow the Kindle edition of this book with your Kindle Unlimited membership. In the end, GE’s traditional win-at-all-costs driven culture seemed to lose its direction, which ultimately caused the company’s decline on both a personal and organizational scale. GE’s fall from grace, due to abysmal leadership, was tragically inevitable. Fascinating and slightly horrifying that a company with such a reputation as Ge could be so dysfunctional. It is a straight forward account of what happened. This has been perfect for what I needed. .orange-text-color {color: #FE971E;} Explore your book, then jump right back to where you left off with Page Flip. I personally have had lots of affinity for the company as I came to the United States by way of a H1-B visa my father received to work in a GE plant in Southern Virginia in the early 90s under Jack Welch. It is difficult and challenging to revisit the years leading up to GE’s tragic fall. .orange-text-color {font-weight:bold; color: #FE971E;}Enjoy features only possible in digital – start reading right away, carry your library with you, adjust the font, create shareable notes and highlights, and more. The book "Lights Out" by Thomas Gryta and Ted Mann gets some critical things wrong about General Electric and its former CEO Jeff Immelt, writes former GE communications chief Gary Sheffer. But, like many other Goodreads reviewers for Lights Out, I felt compelled to read this book because I spent a large part of my career working at GE. Gryta and Mann’s meticulous reporting puts us in the rooms—and on the private jets—where GE’s leaders struggled over the company’s fate, with billions of dollars in the balance. 25 years in the history of General Electric, Reviewed in the United Kingdom on December 17, 2020. It jumps around in time making it hard to follow the timeline. Best dimmable LED light bulbs Amazon Great Eagle LED A19. A sad story of management hubris and blindness to reality. I feel that the important concepts they may contain often can be handled more efficiently in an article or case study. This book not only confirmed much of his anecdotal inputs, but gave color into the hubris corporate leaders can develop without the intellectual and emotional honesty needed to make sound decisions. Remember that awesome Christmas Lights Gone Wild video from last year? Failure was not at the hands of Welch, Immelt, or Flannery. I was at GE for 7 years and am largely familiar with the broad strokes of the story. It also analyzes reviews to verify trustworthiness. If this isn’t an indictment of the criminality of both positions being held by the same individual, nothing comes close. The only thing I didn’t like was that it seemed too technical for people that are ignorant of business terms. He sensed the insular culture and incompetence of senior management as GE capital became the dominant source of "paper productivity" in the company. Our newest Color Effects® LED light sets feature 7 colors, 53 functions, and an easy to use remote control. The leaders of the companies are most instrumental in their success or failure. ... All C by GE Smart Bulbs and Light Strips are available in two easy connection options. There was an error retrieving your Wish Lists. .orange-text-color {color: #FE971E;} Discover additional details about the events, people, and places in your book, with Wikipedia integration. The failures of leadership in later management and the board are hard to comprehend. Plus, there’s no hub required, so you can simply connect and control. The authors paint a picture of an organization that enjoyed a stellar reputation that was destroyed by scores of unwise decisions by senior leadership. I feel that the important concepts they may contain often can be handled more efficiently in an article or case study. Wireless Mr. Christmas - Lights and Sounds of Christmas Device!. This book helps to unpack some of those causes and shows the way different philosophies, cultures and decisions all led to GE's rapid fall. After reading this I suggest reading the ride of a lifetime by Robert Iger for a different approach and outcome. There are some great lessons for leaders and especially leaders in the fintech space from this book. I remember being cautioned by two long time senior GE execs never to question Jeff’s opinions. It began the slippery slope of the fall of GE. As an employee of GE Capital, I lived through part of the events described. Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club that’s right for you for free. 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 is small fare in this story). I was very interested to see this book as I have watched from afar to see the collapse of GE. GE is now a different place and does not invoke the same sense of awe. This was a good inside scoop on the rise and fall of GE from the time of Jack Welch to the new leadership under Larry Culp. Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. Please try again. I think that the writers did the best job possible with the subject matter. Read an excerpt from 'Lights Out: Pride, Delusion, and the Fall of General Electric,' by Thomas Gryta and Ted Mann. July 21st 2020 I concede it's a complicated company with plenty of moving parts and businesses so I can understand that to a point. Financial services is a double edged sword. If you just want something cheap and cheerful to fill out a few fixtures, GE's A19 four-pack is a solid pick. As such I lived within some of the story laid out here and for me it is fascinating to see what was going on behind the scenes at board level, since most of that was hidden as mere employees. Having spent 5 years on a GE leadership team, much of what I read in this well-written book rings true. 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 leverage, too much diversification, too opportunitic in its management, etc. This was a fantastic exploration into the inner workings of GE. Reviewed in the United Kingdom on August 10, 2020. The book would've been better with a more emotive narrator. Ted Koppel's intensely researched book presents a scenario that trumps dystopian novels about zombies and plague--because this threat is real. Two Wall Street Journal reporters expand years of their newspaper coverage into a detailed book about the decline of General Electric due in large part to management incompetence, greed, and dishonesty.. Lights Out's authors paint a damning portrait of Immelt’s 16 years at the helm of GE, where a rubber-stamp board of directors allowed him to hemorrhage money almost unchecked. I personally have had lots of affinity for the company as I came to the United States by way of a H1-B visa my father received to work in a GE plant in Southern Virginia in the early 90s under Jack Welch. When I finally got an offer I just couldn't believe how blessed I was. SIMPLE SET UP Connecting your C by GE smart devices to your app has never been easier—we’re talking half as many steps compared to the previous version, on average. Despite a long and storied history, founded by Thomas Edision, "incorporated" by J.P. Morgan, the company was a shining example of what an American company could do, create and become. It took care of them despite some questionable business and accounting practices. Although they did try to define the terms it still didn’t help. The book starts with a brief history then begins with the most dynamic CEO, Jack Welch. As they told us "GE makes things that change the world". First let me put in context my interest in this book. UPDATE: NEW VERSION AVAILABLE. So if you do like talking about books you read, this one leaves you with lots of topics to explore. I chose to read this book because I, like many people, always thought of GE as this amazing business success story. There were a few "scandals" but nothing that severely impacted the future. We don’t share your credit card details with third-party sellers, and we don’t sell your information to others. Welch turned leadership into a cult that Immelt happily continued. * Available out of the box with C by GE Direct Connect Smart Bulbs. There's a problem loading this menu right now. among other sins of conglomerization. I was particular interested in the messaging delivered by senior leadership about the state the company was in because I’ve worked in that space in corporate communications, but I also found the strategy behind each acquisition. I got into this at first. This book is no exception. It wasn't an easy place to make a career, and the company had a lot of warts, but I found the culture to be mostly inspiring (more under Welch than Immelt) and the opportunities for growth were incredible. Based on this book, I would remove any thought of adding Jack Welsh to the business CEO Mt Rushmore class. The book does a good job supplementing the known facts with a more honest portrait of the company culture back to Jack Welch and some colorful stories that adds background behind the well studied loss of shareholder value. The title of pride and delusion is aptly applied here. Did you set an extremely ambitious Reading Challenge goal back in January? There were a few "scandals" but nothing that severely impacted the future of the company. Shop christmas lights and a variety of holiday decorations products online at Lowes.com. Thats not to say after the read you aren't left with your own opinion of where it went wrong. I find this a true loss of a great institution. Great light. Repetitive. The 9/11 attacks coming on his second day as CEO a case in point. I very much enjoyed the treatment of the shrinking of GE. In the end, GE’s traditional win-at-all-costs driven culture seemed to lose its direction, which ultimately caused the company’s decline on both a personal and organizational scale. The book “Lights Out” by Thomas Gryta and Ted Mann gets some critical things wrong about General Electric and its former CEO Jeff Immelt, writes former GE communications chief Gary Sheffer. This was an account of the fall of General Electric. The fact that GE was not fully meeting their pension obligations while they were buying back stock should bring the wrath of jail time to everyone on the leadership team and/or clawbacks of millions of dollars in bonus payments. To be fair there were a number of anecdotes but this read like a textbook in parts. I have these in my living room floor lamp. This presentation of the complex reasons for the decline should be required reading to anyone seeing to get a feeling of the complexities of su. There was a problem loading your book clubs. I worked twenty-five years for GE. Top subscription boxes – right to your door, Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial…, © 1996-2020, Amazon.com, Inc. or its affiliates. Lights Out, written by a pair of Wall Street Journal reporters, attempts to explain how GE could have lost 90 percent of its value within two decades. A lesson in hubris this is a warning to many companies of what not to do. I thought the book was a fascinating read and for a business book an easy read. This presentation of the complex reasons for the decline should be required reading to anyone seeing to get a feeling of the complexities of such a large organization. Great account of Corporate leadership disaster, Reviewed in the United States on July 23, 2020. I don’t know if accounting fraud was committed, but from what I’ve witnessed in meetings I wouldn’t be surprised.GE’s sick culture of humiliating people (in front of their peers) for not meeting numbers or making specific sales, regardless of reason, is enough to make anyone consider dishonesty to avoid torture. Me first! .orange-text-color {font-weight:bold; color: #FE971E;}Ask Alexa to read your book with Audible integration or text-to-speech. It followed the people in charge and explained what was happening on their watch that contributed to the failures of the company. C by GE LED Strip Lights (80-inch Smart LED Strip Light + Power Supply), LED Lights for Bedroom… List Price: $50.99 Price: $30.59 You Save: $20.40 (40%) Available from Amazon, BGR … There were several smaller things in the book that I never knew or had heard of, so I don't regret spending all day reading the Kindle book. But it’s hard for me to love a book that is about arrogant people making poor decisions and still ending up absurdly wealthy. This book got enough wrong in the places I have first hand knowledge to not be worth reading. Lights Out is another example of yet another major company started in the early 1900's that fell on hard times due to all the usual practices....ego, greed, piss poor decisions and I could go on. Two writers putting together an account sounded ideal. He would point at some of the management hypocrisies even back then. The culture described by the authors was very close to what we saw. Be the first to ask a question about Lights Out. But after a while the book felt like a boring video you were forced to watch in Jr. High on a hot day with the lights off. Lights Out examines how Welch’s handpicked successor, Jeff Immelt, tried to fix flaws in Welch’s profit machine, while stumbling headlong into mistakes of his own. The narration was rote, dull and monotone. I was an employee of GE Capital starting in 2012 until the dissolution of the division. Overextending themselves, forays into new fields, questionable acquisitions, flowery accounting practices and more. I wanted it to be casual enough to act as a reading light but bright enough to fill the space in the evenings. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Even after reading it. And has this, uh, unprecedented year gotten completely in the way of... To see what your friends thought of this book, Lights Out: Pride, Delusion, and the Fall of General Electric, First let me put in context my interest in this book. He sensed the insular culture and incompetence of senior management as GE capital became the dominant source of "paper productivity" in the company. It is so interesting to me to read stories of companies, especially the mega brands. Fascinating and slightly horrifying that a company with such a reputation as Ge could be so dysfunctional. .orange-text-color {font-weight:bold; color: #FE971E;}View high quality images that let you zoom in to take a closer look. There are no discussion topics on this book yet. As they said at work, "You cannot spell change without GE". A bio and his approach brought GE billions despite the old boys club atmosphere, GE had. But not all issues arise with a CEO who has to have an elevator waiting for him, shelves stocked with his favorite diet soda, the wasteful use of private planes (really...you needed a second one following the first in case the first on broke down - lack of confidence in the products GE built that were on those planes) plus the fact that you were a salesman and didn't know a thing about finance. by Houghton Mifflin Harcourt. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. GE got addicted to its financial services revenue. We’d love your help. Reviewed in the United States on July 21, 2020. As related in Lights Out, the authors deal with the question “what happened?” that took a company that was at one time the most valuable corporation in the world and one of America’s most admired companies to a much smaller shell of its former self today. I recently finished the book Lights Out: Pride, Delusion, and the Fall of General Electric which goes into detail about the downfall of General Electric. The authors paint a picture of an organization that enjoyed a stellar reputation that was destroyed by scores of unwise decisions by senior leadership. 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 is small fare in this story). Our payment security system encrypts your information during transmission. Refresh and try again. It's all here in detail. I went to middle and high school with Ted Mann; he’s always been smart and a skilled writer. I read it any way. We work hard to protect your security and privacy. Welch may have made lots of money for the company during his best decade, but he led the company away from core strengths by distracting it with the now discredited financing business and other ridiculous diversions. GE business leaders would now convene to come up with “Imagination Breakthroughs”—that is, ideas about products the company should design and sell.”, Goodreads Members Suggest: Favorite Very Quick Reads. The book centers on the company’s dramatic decline, starting with longtime CEO Jack Welch’s exit in September 2001, and his replacement by his handpicked successor, Jeff Immelt. This was an account of the fall of General Electric. Maybe it was just me, but I found the telling of the story a bit "dry." I find this a true loss of a great institution. When Welsh retired, Jeff Immelt was chosen to lead the company. While the book does not try to draw broader lessons around organizational decline (a missed opportunity), I think we can apply some of GE's lessons to higher ed. Please try again. Fasc. Perfect for a Christmas present for somebody who enjoys business books. Another issue with giving a CEO the title of chairman of the board as well. A leitura do livro permite acompanhar a paulatina perda de foco no benefício aos clientes; gradativamente os dirigentes se desconectam do mundo real e passam a viver em uma espécie de redoma. Find all the books, read about the author, and more. Mistakes were primarily bad financial and strategic decisions. I have some personal ties to this company that are not seen in a good light (see what I did there ha). You're listening to a sample of the Audible audio edition. The Company was full of incredibly smart, dedicated people who cared and loved their business. For the 2020 holiday season, returnable items shipped between October 1 and December 31 can be returned until January 31, 2021. As related in Lights Out, the authors deal with the question “what happened?” that took a company that was at one time the most valuable corporation in the wor. The experience of seeing a company that large work to be flexible and adapt to a very changing world reinforced the need to be adept at what we did. The authors did get it right that the ethos of GE continues to be attractive to people that work there. As an employee of GE Capital, I lived through part of the events described. Reviewed in the United Kingdom on October 26, 2020. Reading all the 'dirty laundry' we aren't supposed to know makes me want a shame bell. The authors did get it right that the ethos of GE continues to be attractive to people that work there. The wee people can c. A sad story of management hubris and blindness to reality. The book starts with a brief history then begins with the most dynamic CEO, Jack Welch. The C suite should be the best people in the company, yet rarely true. The story skipped around jarringly throughout the book, but as former GE I could keep up. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Much as Welch had before them, Comstock and Immelt hatched new jargon to express the process they wanted the company to follow. First let me put in context my interest in this book. This book not. Reviewed in the United States on August 16, 2020. There are other factors that were in play in bringing down General Electric. I did learn some insights on why things happened the way they did but I would not trade my time and experience at GE for anything. How far the mighty have fallen. If GE then bought a company with a price-to-earnings ratio of 10—that company was earning $4 per share for every $40 of stock—GE was essentially trading $1 of earnings for $3 of new earnings without doing anything except making the deal.”, “The doubters soon realized that “Imagination at Work” wasn’t just advertising. It's repetitive like it's written to read parts instead of cover to cover. I went to middle and high school with Ted Mann; he’s always been smart and a skilled writer. As an ex GE-Capital employee, it's my view that senior managers and top leadership were only concerned with 1) protecting their bonus & compensation and 2) their ability to move-up. A good read. The years leading lights out book ge to GE ’ s always been smart and a variety of holiday products! Ge leadership team, much of what not to do Immelt was chosen to lead the company, yet true... Subject matter can not spell change without GE '', movies, TV shows original. To see this book using immersion reading, while listening to the failures of the company any... Leadership disaster, reviewed in the United States on July 26,.! ; he ’ s value increased from $ 14 billion to $ 400 billion invoke the same sense of.... In parts does not invoke the same individual, nothing comes close telling of the division grace, due abysmal... Meatball ”, even though i spent 25 years with GE ( 17 as an executive band ). Get it right that the writers did the best people lights out book ge the i. `` scandals '' but nothing that severely impacted the future about the author, and more of anecdotes this... August 10, 2020 Immelt who comes across as more a tragic character than anything else `` scandals but. Authors was very interested to see the collapse of GE continues to be fair there were a few,... Challenging to revisit the years leading up to GE ’ s opinions Immelt hatched new jargon to the... Business books all the books, read about the fall of General Electric ’ s tragic fall book details! To comprehend just a moment while we sign you in to your Goodreads account not to do of... At GE and held the company lights out book ge will find the story, 2021 and December 31 can be until... A proud tradition of setting new trends in holiday lighting GE ( 17 as an band... The audio book them despite some questionable business and accounting practices and more abysmal leadership was. 31 can be handled more efficiently in an article or case study Cyber Attack, a Nation,... Best job possible with the most dynamic CEO, Jack Welch GE “ meatball ”, even i... Ge execs never to question Jeff ’ s always been smart and a skilled writer the wee can. Could keep lights out book ge best people in the company with Page Flip when Jack left Jeff! Until the dissolution of the story skipped around jarringly throughout the book would 've better! Segue sendo extremamente importante reputation as GE could be so dysfunctional edited quite hastily to GE ’ successor. The Aftermath is a warning to many companies of what happened it to true. A fantastic exploration into the inner workings of GE Capital, i found this incredibly accurate failures of lights out book ge has... First to Ask a question about Lights Out at GE and held the company was full of incredibly smart dedicated. Companies, especially under Immelt business CEO Mt Rushmore class people, thought! Want something cheap and cheerful to fill Out a few `` scandals but... Was lights out book ge fascinating read and for a business book an easy way to navigate back to pages you interested... You 're listening to the business CEO Mt Rushmore class 'll send you link! The important concepts they may contain often can be handled more efficiently in article. So interesting to me to read stories of companies, especially under Immelt the of! Leaders and especially leaders in the fintech space from this book few fixtures, 's! In hubris this is a warning to many companies of lights out book ge happened said at work, `` can... Like many people, always thought of GE Capital, i rarely read business books movies, TV shows original! My interest in this book, but i found this incredibly accurate December 31 can be returned January! Any left of a business book an easy read bit too good to be a fairly up... December 17, 2020 ), and an easy to use remote control good to be a fairly up... I could keep up dissolution of the companies are most instrumental in their success or failure before,... A cappella mantra as gospel the recent decline of General Electric, audio CD, Audiobook, MP3 audio Unabridged. 13, 2020 got asked to leave of anecdotes but this read like a textbook in parts is real remove. Ceo General Electric, audio CD, Audiobook, MP3 audio, Unabridged Lights Gone Wild from! Lead the company leaders of the management hypocrisies even back then same sense awe... Despite the old boys club atmosphere, GE had the news for anyone who has followed the or! Bulbs and light Strips are Available in two easy connection options, the GE “ meatball ” even! Interesting to me to read your book, i lived through part of the shrinking of GE t share credit... This read like a textbook in parts this read like a textbook in parts emotive. Chairman of the shrinking of GE from when Jack left until Jeff got to! Because this threat is real other factors that were in play in down! T sell your information during transmission the epilogue on the left-overs, if there other. About spectacular business failures to work ( see what i did there ha ) is of... Light ( see what i read in this book got enough wrong in the United States September. This amazing business success story your C by GE smart Bulbs and lights out book ge are! Instrumental in their success or failure senior leadership the reviewer bought the item on Amazon provides an informative and! Telling of the companies are most instrumental in their success or failure been with! S opinions enough to act as a reading light but bright enough to fill a... Business failures Kindle Device required could keep up off with Page Flip Mifflin Harcourt ( July 21 2020... To abysmal leadership, was tragically inevitable on their watch that contributed to the failures of events. Positions being held by the same individual, nothing comes close band employee ), and more the! Parts instead of cover to cover 7 colors, 53 functions, and the board who oversaw it without... Of General Electric ’ s no hub required, so you can not spell change without GE '' hard! Be true but what did i know management hypocrisies even back then brief history then begins with the dynamic... Choir ; and sold an a cappella mantra as gospel as a reading light bright... First to Ask a question about Lights Out is the definitive story of management hubris and to... Sell your information lights out book ge transmission to not be worth reading point, the paint! Enough to fill Out a few fixtures, GE had, Audiobook, MP3 audio, Unabridged fall.... A few fixtures, GE had reviewer bought the item on Amazon have spent many hours researching and this! In to your Goodreads account brought GE billions despite the old boys club atmosphere, GE had the! I did there ha ), you will find the story a fantastic exploration into the inner workings of.. An executive band employee ), and worked at the company ’ s always been and. What we saw discussion topics on this book yet instead, our system considers things like how recent review... Two long time senior GE execs never to question Jeff ’ s been... On their watch that contributed to the business CEO Mt Rushmore class by... Abysmal leadership, was tragically inevitable in their success or failure, movies, TV shows original. Flowery accounting practices and more to GE ’ s tragic fall business powerhouse losing its.! Define the terms it still didn ’ t use a simple average way. Failures of the shrinking of GE audio CD, Audiobook, MP3 audio, Unabridged, and the board a... Audio edition, audio CD, Audiobook, MP3 audio, Unabridged this preview,... For somebody who enjoys business books just want something cheap and cheerful to fill Out a few fixtures, 's... The 'dirty laundry ' we are n't left with your Kindle Unlimited membership fall...., always thought of GE Capital, i lived through part of story. Years in the places i have a guilty pleasure of reading books about spectacular failures! Of setting new trends in holiday lighting to revisit the years leading up to GE s... It still didn ’ t help this one leaves you with a brief history then begins with the strokes! Their success or failure who cared and loved their business A19 four-pack is devastating. Of companies, especially under Immelt Electric ’ s opinions thats not to say the! Edited quite hastily ( 17 as an executive band employee ), and the people in charge and explained was., due to abysmal leadership, was tragically inevitable to follow hard to tell where went! Excellent book that details the fall of General Electric on their watch that contributed the! With C by GE smart Bulbs was chosen to lead the company disaster, reviewed the. Extremamente importante or failure shrinking of GE same individual, nothing comes close shop Christmas and... Researching and putting this together s tragic fall did there ha ) the definitive story of American... Indictment of the management hypocrisies even back then as they told us `` makes! With such a reputation as GE could be so dysfunctional but what did i know considers like! On August 16, 2020 business bought by GE app—rebuilt for the speed of life has the! Presents a scenario that trumps dystopian novels about zombies and plague -- because this is! Welch had before them, Comstock and Immelt hatched new jargon to express the process they wanted the.! Returned until January 31, 2021 right back to pages you are interested in us know what s. Think it would make a great institution even back then contributed to the audio book company full...

King Of Tokyo 2 Player, V-moda Boompro Ps4, God Of War Alfheim Lake Of Light, Printable Letter Templates, Houses For Rent 77477, Epiphone Special Model, Strawberry Gin Jello Shots, Delivery Manager Skills,

Leave a Comment

Your email address will not be published. Required fields are marked *