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The Legacy of Jack Welch
One of the things that Welch took from Moltke was the concept of total war. He saw the business equivalent of this as being willing to find profit wherever he could, even though things traditional. The Wall Street analysts in the audience were baffled because this is insane, right? It sounds like you say my new brilliant business plan is I want money. What if we made money? Money's just a horse shit.