zlacker

[parent] [thread] 0 comments
1. JackYo+(OP)[view] [source] 2025-05-27 07:56:05
I read this book. Going into it, in my head, I thought flannery always got the shorter end of the stick and was unsure if welsh or immelt did the company bad.

After reading it, Welsh was great (his creation of GE credit, while merely just a shadow bank, was a bit innovative, not to the point of lionized but certainly worth a merit, but his day-to-day running and operation and cost cutting / discipline, outside of a couple deal heat moments seemed really quite good).

...except for hiring Immelt, Immelt was a ridiculous disaster of a CEO that my god should've been fired nearly immediately, and Flannery got completely shafted, someone threw him out, grabbed his plan, and basked in the credit. Super tragic to see.

[go to top]