1. Implementation cost. The most immediate drawback of Six Sigma lies in training employees in statistical tools, certifying them across the machismo belt hierarchy and hiring external consultants can ...

The studio and cable conglomerate that David Zaslav created couldn’t overcome outside forces and massive debt.

John F. Welch Jr. the then-CEO of General Electric in New York city, May 12, 1997. Business success and outspokenness brought him wide fame. In 1999, Fortune magazine named Welch as its "Manager ...

Elon Musk's DOGE cuts may appear to advance efficiency, but these layoffs and widespread budget cuts could ultimately cost ...

SCHENECTADY — Jack Welch, the bombastic former chief executive of General Electric Co. whose complicated legacy shaped both Schenectady and the Capital Region, died Sunday at age 84.

Jack Welch, the legendary long-time chief executive of General Electric, died on Mar. 1, 2020, almost two decades after he left the company. His corporate legacy died at GE’s recent Investor Day ...

In late April of 1995, Jack Welch suffered a crippling heart attack. He was then in full stride in his spectacular run as the C.E.O. of General Electric. He had turned the company from a sleepy ...

Jack Welch ran General Electric from 1981 to 2001 and helped reshape the US business landscape. In "The Man Who Broke Capitalism", NY Times reporter David Gelles evaluates Welch's legacy.

His ruthlessness as General Electric’s C.E.O. was ultimately bad for the company, a new book argues. Share full article Jack Welch before his retirement in 2001.

In David Gelles’ new book, The Man Who Broke Capitalism —and How to Undo His Legacy, he chronicles how Welch’s laser focus on maximizing shareholder value by any means necessary - including ...

"Lights Out: Pride, Delusion, and the Fall of General Electric," is aptly named, but misses the mark when it blames Jeffrey Immelt. Getting it more right in 1998 was "GE, Jack Welch, and the ...

Welch died on March 1 at age 84 at his home in Manhattan. He rose from humble origins in Boston to become an engineer at General Electric Co. Rising to the chief executive in 1981, Welch led GE ...