Jack Welch

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“We grade children in school, often as young as nine or 10, and no one calls that cruel. But somehow adults can’t take it? Explain that one to me.”

When Bill Michael, the former chair of KPMG, told staff to “stop moaning” in a virtual meeting in February, one of the issues they were complaining ab(...)

The Savoy Hotel in London – just one of many high-profile international businesses that have become masters at minimising tax. Photograph: iStock

The Savoy Hotel has been welcoming its well-heeled and connected clientele for 131 years. But for all the Art Deco design and the sublime personal ser(...)

Jack Welch, former CEO of General Electric.

Jack Welch, the champion of corporate efficiency who built General Electric (GE) into one of the world’s largest companies and influenced generations (...)

BP CEO Bernard Looney is a newcomer to Instagram and a rarity. Only 11% of oil and gas company chief executives are active on social media. Photograph: AFP

Last week David Solomon, the boss of Goldman Sachs, was enjoying a spot of sunshine at a tech conference in San Francisco. Bernard Looney, BP’s new ch(...)

Before the multinationals: from 1921 to 1991 the Irish economy was the worst performer in western Europe; this photograph, by Hans Silvester of Gamma-Rapho, shows Toomey’s bar in Hollywood, Co Wicklow, in the 1950s

It’s easy to be a little perplexed by attitudes towards multinationals, given their transformative impact on our economy, their complete upgrading of (...)

BlackRock founder Larry Fink said companies must ‘demonstrate their commitment to the countries, regions, and communities where they operate’ and that ‘purpose is not the sole pursuit of profits’.  Photograph: Michael Cohen/Getty Images

For decades, American companies took it as read that their purpose was simple: to make as much money as possible for their shareholders. That has now(...)

There are so many things that can be measured these days which makes it easier than ever to focus on metrics rather than judgments.

“If you can’t measure it, you can’t manage it” goes the familiar advice often attributed to the American management consultant and educator Peter Druc(...)

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(...)

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