We Study Billionaires - The Investor’s Podcast Network cover image

TIP527: The Epic Collapse of GE w/ William Cohan

We Study Billionaires - The Investor’s Podcast Network

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The Pivotal Consequences of Decentralization at General Electric

This chapter examines General Electric's turbulent history, particularly the effects of its decentralization strategy implemented by Ralph Kordiner. It discusses ethical concerns among executives, including price collusion, and the company's eventual shift back to a more centralized management approach, highlighting key moments and influential leaders like Jack Welch.

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