Success by Abandoning Success
In 1981, Jack Welch began his twenty year tenure as CEO of General Electric and his legend as one of the leading CEOs of the 20th century. He was also the youngest CEO in GE’s history and the greatest of both sales and profit increases came under his leadership. When he became CEO the company’s market value was about $12 billion. When he left, it was worth more than 25 times that figure. According to Welch, two simple questions from Drucker helped propel GE to these amazing accomplishments. The...
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