
POWER FAILURE: What Happened to GE? (with Malcolm Gladwell & William Cohan)
The Next Big Idea
00:00
Jack Welch, America's Most Famous CEO
Jack Welch was the CEO of General Electric for more than 20 years. In his last act as CEO, he oversaw a bruising succession battle and left GE in good hands. Jack's mantra was fix it, close it, or sell it: If one of G.E.'s businesses wasn't market leader, well, then they shouldn't be in that business. He shuttered underperforming divisions, cut a hundred thousand jobs.
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