The late Jack Welch led the transformation of General Electric into a multinational corporation that, at one point, became the world’s most valuable company — earning him a reputation as “manager of the century.”
But a recent book raises questions about that legacy. In “The Man Who Broke Capitalism,” reporter David Gelles argues that Welch popularized an approach to management that focused on shareholder value at the expense of workers and, ultimately, the company he ran.
One of Welch’s…
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