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What GE’s Board Could Have Done Differently

Harvard Business Review

The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee. As I have explained elsewhere , a finance committee is critical for a board in complex public companies like GE, which are involved in a broad range of retirement plans, stock buybacks, and large acquisitions.

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Who Killed the GE Model?

Harvard Business Review

The model was honed by Jack Welch in the 1980s and 1990s, with new portfolio restructuring strategies and a headlong expansion into finance. Although China is the most important example of this strategy today, the idea is not new. GE, and Jack Welch in particular, were heroes of business schools. Business schools.

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Author Chris Brady's Leadership Blog: Tell Me If Anything Was Ever.

Chris Brady

Posted by: Tim Welch | August 03, 2010 at 12:46 AM Excellent points! We may all have different talents as part of TEAM but you are our focus to achieve great things. Welcome home and God's Blessings to you and your family. My question is.

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How GE Stays Young

Harvard Business Review

Under CEO Jack Welch in the 1980s and 1990s, they adopted operational efficiency approaches (“ Workout ,” “Six Sigma,” and “Lean”) that reinforced their success and that many companies emulated. GE is an icon of management best practices. But, as befits a company that has been around for 130 years, GE is moving on.

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

content (news, finance, weather) into two Chinese languages, and directory access to 20,000 web sites, an approach that the company had adopted elsewhere. On the finance and deal side, we also felt a strong kinship with Tsai. Only legal, finance, and human resources still reported back to headquarters. Many other U.S.

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Britain’s Patient-Safety Crisis Holds Lessons for All

Harvard Business Review

I still see examples of what happened at Mid Staffs in even the best of hospitals. Earlier in my career, I had the chance to visit leaders such as Jack Welch (GE), Paul O’Neill (Alcoa), and Ralph Larsen (Johnson & Johnson). Their attention was on their finances — understandable and even appropriate these days.

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Family Matters | N2Growth Blog

N2Growth Blog

If I recall correctly, Jack Welch wrote that you can only have one priority, you need to pick which it will be. From what I have observed with your son's they both seem to be winning the battle – of course it never hurts to have a great example to follow:). link] mikemyatt Thanks for stopping by Bert.

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