Jack Welch

16 results

Former Manchester United manager Alex Ferguson: “It is unfair . . . to try and retain the authority you once possessed. You have to let go and let the new man and the new regime do what they think is best.” Photograph: Oli Scarf/AFP/Getty

Alex Ferguson, the former manager of Manchester United, once offered this universal truth about how to behave towards a successor: “It is unfair . . .(...)

Workers install scaffolding around a gas turbine at a General Electric factory in Greenville, South Carolina.

General Electric has paid more than $6 billion (€5.1 billion) in fees to Wall Street banks since the turn of the century, even as its market value has(...)

General Electric: while its industrial business looks analogue in the digital age, somebody has to make the engines that fly planes. Photograph: Venance/AFP/Getty

As end-of-an-era stories go, this one was irresistible. General Electric, once the mightiest corporate conglomerate in the world and a benchmark of Am(...)

GE reports earnings for the fourth quarter of 2017 next week, and the payments will mean taking a charge of $9.5 billion before tax and $6.2 billion after tax.

General Electric is looking at a further break-up, its chief executive said on Tuesday, extending its retreat from the conglomerate model it champione(...)

Jay McKee (44), of Sachse Construction, meets with his mentor Erika Lawson (28) in Detroit. Photograph: Laura McDermott/The New York Times

Junior office workers once had a fairly predictable set of daily tasks. Write the sales memo. Build the PowerPoint. Make the coffee. Now, many young p(...)

If you are as famous as  Bill Clinton, you can wallow in former glory more or less indefinitely. People will pay to hear you discuss your previous greatness many decades after the event. Photograph: Koen Van Weel/AFP/Getty Images

Two men are ploughing up and down a swimming pool in downtown Los Angeles. As they rest between laps, one of them announces that he is 90 years old. T(...)

Fat cats: chief executives say people criticise their high pay without understanding their true worth.

Theresa May has retreated from some of her plans to crack down on executive pay, but business leaders continue to attack her. They are pleased the Bri(...)

SAP is a world leader in human-resources  software and gets a lot of feedback from its customers, which may have influenced its decision to ditch the dreaded annual review

Germany’s SAP, maker of software used to grade the performance of millions of employees worldwide, is ditching its own annual performance reviews as t(...)

 Going by her LinkedIn profile Hillary Clinton believes her role as a grandmother is more interesting to members than her shot at the White House.  Photograph: Brendan McDermid/Reuters

It has taken me 13 years and 414 million people have got there before me, but last week I finally sat down to compose my summary for the networking si(...)

The move to sell GE Capital marks a significant break from the model inherited by General Electric chief executive Jeff Immelt. Photograph: Goh Seng Chong/Bloomberg

General Electric launched a radical plan to dispose of most of its financial services operations and return to its industrial roots, in one of the big(...)

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