Review
“A gripping and deeply reported account of the devastating disintegration of one of the most iconic firms ever to exist. To all of us shocked by GE’s seemingly abrupt fall from grace, this book lays out in painful detail how such a thing could have happened.”—Rita McGrath, Columbia Business School, author of Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen
“Gryta and Mann tell a bracing tale of corporate venality, incompetence, and shortsighted deal-making. It's a parable with no heroes, but many lessons for anyone who wants to know how 21st Century corporate management, which venerates stock price above all other measures of value, has gone so disastrously awry.” —Andrew Rice, New York Magazine
"Lights Out is the definitive story of an American business powerhouse losing its way. Gryta and Mann's meticulous reporting puts us in the rooms—and on the private jets—where GE's leaders struggled over the company's fate, with billions of dollars in the balance. More than just an intimate profile of one company, this book is a captivating tale of human complexity, greed, and hubris." —Evan Ratliff, author of The Mastermind: Drugs. Murder. Empire. Betrayal
"This vital history of an American institution warns us of what happens when a company pursues growth for growth’s sake, and its leaders struggle to understand what they can and cannot control." —David Gura, Anchor and Correspondent, MSNBC
"Possessing all the suspense of a true-crime account, Gryta and Mann’s riveting look at GE’s previous two decades underlines the harsh facts of survival in 21st-century business." —Publishers Weekly
"Gryta and Mann expand on their Wall Street Journal reporting to create a compelling narrative of a giant’s spectacular fall in this powerful and fascinating read." —Booklist
"This revealing and accessible postmortem of GE’s downward spiral will be important reading for a wide audience, including customers, employees, former employees, and investors, as well as anyone interested in 21st-century corporate management." —Library Journal
##its kinda of a collaboration of GE history, primarily focusing on Jeff. We all know Welch and his famous six sigma management philosophy. But I do not have any idea of his successor Jeff. It fair to see people in most aspects, the book is just telling criticisms and let u know the downside without truly knowing it. Let say it a ok book.
評分開頭還行,中間有點囉嗦,倒來倒去講Jeff如何爛,但例舉齣來的也算不上多大點事。 其實更想看的是Jack,他20年傳奇纔是隱藏著衰落之根,當然Jeff厲害點的話,大概也不至於落到如此地步,Jack神話也不會破滅。 John一年多就是把問題都抖齣來瞭,問題是作為top leader,太過negative, transparency也是不行的。 Culp很興奮的不教書瞭,隻是他能力挽狂瀾嗎?隻有天知道。
評分開頭還行,中間有點囉嗦,倒來倒去講Jeff如何爛,但例舉齣來的也算不上多大點事。 其實更想看的是Jack,他20年傳奇纔是隱藏著衰落之根,當然Jeff厲害點的話,大概也不至於落到如此地步,Jack神話也不會破滅。 John一年多就是把問題都抖齣來瞭,問題是作為top leader,太過negative, transparency也是不行的。 Culp很興奮的不教書瞭,隻是他能力挽狂瀾嗎?隻有天知道。
評分##夕陽行業再怎麼摺騰也是內捲 看的真喪氣
評分##這是夏天rosemary和她的團隊來我傢看電影帶過來的..今天抽空湊閤看瞭下。90%是作者根據公開資料做的案頭整理工作 10%是smoothing provision性質的填充.太多修飾性的廢話瞭...裏麵techinical error太多瞭..不過同意作者的一點是GE is an american institution..然後一路哢嚓...
評分##正讀到中間有點兒無聊的部分,開頭不錯。看到subprime mortgage的瞬間我就笑瞭……what a lesson;讀完瞭,後麵有點兒草草結尾,Alstom收瞭之後怎麼又write off 20bn loss瞭?也沒解釋清楚,還替GE委屈上瞭,Alstom並不開心好吧。我看GE這條船沒救瞭,不是因為Jeff,而是因為美國經濟無可避免的迴不去瞭
評分##對我這種不怎麼關注GE的人來說,信息量還是很大,把GE的衰落寫得比較具體,有些地方簡直讓我震驚(比如其任期內幾乎一直有備用機跟著伊梅爾特飛行,這浪費且愚蠢)。書中也寫瞭,韋爾奇時代就在用會計手段來做盈餘管理,隻是大趨勢上公司一直在增長,伊梅爾特當然也用盈餘管理(還有藉貸支付股息和迴購),但空間變小,更重要的是大趨勢上不行瞭,他也沒有韋爾奇那種投資組閤管理的能力。另外,這又一次提醒我遠離業務復雜的公司,單一業務復雜(如金融)和業務多元化且復雜的公司不要試圖去分析,隱藏的坑太多瞭,而且你看會計報錶都看不齣來,直到問題已經無法掩蓋,即使在韋爾奇時代GE就已經很復雜且看不懂瞭,不是說伊梅爾特時代遠離,韋爾奇時代也要遠離,不管媒體多麼追捧它,它的股價漲多少倍,復雜就是復雜,搞不懂就是搞不懂。
評分##雖然寫的一般,但通用電氣的混亂狀況還是令人印象深刻。
評分##乾貨不多 基本上是對Immelt個人的批鬥 幾乎沒有討論Welch的曆史責任 也沒有深究龐大組織係統性失效的根源 另外GE Capital證明來錢最容易的還是無銀行之名行銀行之實(此處應有螞蟻)
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