The Importance of Punishment

In the 1970s, Jack Welch was GE's youngest general manager. He blew up his first factory and then convinced bosses to invest in a new plastic called neural. The next thing that he does is convince his bosses to do this before neural is a functional product. Despite the fact that his hardworking scientists had been the ones to turn neural from another failure into a hit, Jack had no loyalty to them or anyone else who worked at GE. "He grew increasingly frustrated with the paternalistic nature of the company"