Lights Out examines how Welch’s handpicked successor, Jeff Immelt, tried to fix flaws in Welch’s profit machine, while stumbling headlong into mistakes of his own. To get the free app, enter your mobile phone number. First let me put in context my interest in this book. First let me put in context my interest in this book. Please try again. Fascinating and slightly horrifying that a company with such a reputation as Ge could be so dysfunctional. I wanted it to be casual enough to act as a reading light but bright enough to fill the space in the evenings. A leitura do livro permite acompanhar a paulatina perda de foco no benefício aos clientes; gradativamente os dirigentes se desconectam do mundo real e passam a viver em uma espécie de redoma. The book would've been better with a more emotive narrator. Fasc. This was an account of the fall of General Electric. I feel that the important concepts they may contain often can be handled more efficiently in an article or case study. When I finally got an offer I just couldn't believe how blessed I was. So rather than a industrial company based on the ideals of industrial innovation, it was a company … The book “Lights Out” by Thomas Gryta and Ted Mann gets some critical things wrong about General Electric and its former CEO Jeff Immelt, writes former GE communications chief Gary Sheffer. Welcome back. Goodreads helps you keep track of books you want to read. Plus, there’s no hub required, so you can simply connect and control. The leaders of the companies are most instrumental in their success or failure. 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. Just a moment while we sign you in to your Goodreads account. And has this, uh, unprecedented year gotten completely in the way of... To see what your friends thought of this book, Lights Out: Pride, Delusion, and the Fall of General Electric, First let me put in context my interest in this book. It is so interesting to me to read stories of companies, especially the mega brands. “Lights Out is the definitive story of an American business powerhouse losing its way. It is not worth the time to read. This book was an intriguing story about the fall of GE, and the people and processes responsible. Let us know what’s wrong with this preview of, Published Maybe it was just me, but I found the telling of the story a bit "dry." This was an account of the fall of General Electric. Lights Out examines how Welch’s handpicked successor, Jeff Immelt, tried to fix flaws in Welch’s profit machine, while stumbling headlong into mistakes of his own. This presentation of the complex reasons for the decline should be required reading to anyone seeing to get a feeling of the complexities of su. It followed the people in charge and explained what was happening on their watch that contributed to the failures of the company. I personally have had lots of affinity for the company as I came to the United States by way of a H1-B visa my father received to work in a GE plant in Southern Virginia in the early 90s under Jack Welch. We work hard to protect your security and privacy. Welch may have made lots of money for the company during his best decade, but he led the company away from core strengths by distracting it with the now discredited financing business and other ridiculous diversions. I was very interested to see this book as I have watched from afar to see the collapse of GE. Be the first to ask a question about Lights Out. Top subscription boxes – right to your door, Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial…, © 1996-2020, Amazon.com, Inc. or its affiliates. There are no discussion topics on this book yet. GE branded products have a proud tradition of setting new trends in holiday lighting. Mistakes were primarily bad financial and strategic decisions. The book "Lights Out" by Thomas Gryta and Ted Mann gets some critical things wrong about General Electric and its former CEO Jeff Immelt, writes former GE communications chief Gary Sheffer. .orange-text-color {font-weight:bold; color: #FE971E;}View high quality images that let you zoom in to take a closer look. It was a challenging and exciting place to work. There was an error retrieving your Wish Lists. The title of pride and delusion is aptly applied here. In the end, GE’s traditional win-at-all-costs driven culture seemed to lose its direction, which ultimately caused the company’s decline on both a personal and organizational scale. UPDATE: NEW VERSION AVAILABLE. A bio and his approach brought GE billions despite the old boys club atmosphere, GE had a commitment to its customers, employees and shareholders. There were a few "scandals" but nothing that severely impacted the future. I joined one of the company's corporate leadership programs directly from a 4 year tour with the Army - I targeted GE specifically as I was leaving the military and spent 6 months pestering the company for an interview before they agreed to speak with me. I am proud of my GE career, and I am grateful for the chances I had to work with high quality people during my time there. Our payment security system encrypts your information during transmission. I was at GE for 7 years and am largely familiar with the broad strokes of the story. The experience of seeing a company that large work to be flexible and adapt to a very changing world reinforced the need to be adept at what we did. The Board created a toxic environment which silenced the organ; disbanded the choir; and sold an a cappella mantra as gospel. After reading this I suggest reading the ride of a lifetime by Robert Iger for a different approach and outcome. Rambling. I purchased the book mainly because I work for the digital operations of one of GE's rivals and many of our leadership are GE alumni. I have a guilty pleasure of reading books about spectacular business failures. And we could see that every day. Heavy on the GE Capital side, it would have been nice if more emphasis was put on Aviation and Power to get a full picture of what really happened. I very much enjoyed the treatment of the shrinking of GE. Best dimmable LED light bulbs Amazon Great Eagle LED A19. Reviewed in the United States on July 27, 2020. I read this book using immersion reading, while listening to the audio book. Acompanho a GE desde o anos 80 e no final dos 90 li várias matérias a respeito da sucessão do Jack Welch. Reviewed in the United States on August 16, 2020. Reviewed in the United States on July 21, 2020. In the end, GE’s traditional win-at-all-costs driven culture seemed to lose its direction, which ultimately caused the company’s decline on both a personal and organizational scale. To be fair there were a number of anecdotes but this read like a textbook in parts. Also GE appeared to be a fairly buttoned up organization, especially under Immelt. The culture described by the authors was very close to what we saw. The book starts with a brief history then begins with the most dynamic CEO, Jack Welch. Even though I spent my career in business, I rarely read business books. Also GE appeared to be a fairly buttoned up organization, especially under Immelt. Houghton Mifflin Harcourt (July 21, 2020), Reviewed in the United States on July 26, 2020. As they said at work, "You cannot spell change without GE". To be fair there were a number of anecdotes but this read like a textbook in parts. I can always pull out lessons learned or things to apply within my own career, which is great. 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