POWER FAILURE: What Happened to GE? (with Malcolm Gladwell & William Cohan)
The Next Big Idea
00:00
Jack Welch and the Wall Street Journalists
There is a whole generation of people who don't understand what an insanely enormous cultural figure Jack Welch was in his day. He would go right on CNBC and just blither away, but he also courted the Wall Street research analyst community. So that kind of being able to rely on his financial performance and GE's provincial performance combined with seducing both the Wall Street analysts as well.
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