Part Two: Jack Welch Is Why You Got Laid Off
Behind the Bastards
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Jack Welch's Secrets to GE's Success
Jack Welch's real genius was an understanding how to run GE like an asset portfolio in order to game the market. This allowed him to disguise the strength of his actual business, which he was steadily hollowing out by camouflaging it with acquisitions. He would buy companies or sell them and even hand over assets to charity sometimes because that always makes the stock people very, very happy.
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