12min chapter

Better Offline cover image

The Shareholder Supremacy

Better Offline

CHAPTER

The Legacy of Jack Welch and Shareholder Supremacy in Modern Business

This chapter explores how Jack Welch's philosophy of prioritizing shareholder returns above all else has permeated various industries, leading to layoffs, decreased loyalty, and a focus on constant growth. It discusses the negative impact of prioritizing financial metrics over sustainable business practices and the influence of profit-maximizing leaders on modern capitalism.

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