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Lights Out: Pride, Delusion, and The Fall of General Electric by Thomas Gryta and Ted Mann

  • Writer: kanyanatnatty
    kanyanatnatty
  • 9 hours ago
  • 1 min read
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BATB score: 5/10 💡


*reader discretion advised* not a book for the average joe; requires IVY league educational background


a complete post-mortem extremely detailed report of what happened at General Electric from Jack Welch’s most successful company stardom to Jeff Immelt’s company downfall bye bye die


Best as: no one really needs to know that much detailed post-mortem unless you are doing a General Electric business case review


Best to: unpopular opinion, I do feel sorry for Immelt; it was his epic dream job, with the biggest shoes to fill, on a mission to proof one’s legacy, amidst shitload headwinds, and surprise! the company has critical loopholes - shits waiting to hit the fan


Best for: any ambitious climbers trying to get to CEO role - this book is a decade in a life of a CEO 💯


BATB lingering thought: other than massive pay, do I actually want to be CEO 🤔 considering the huge job scope, stakeholders headaches, social pressure to only succeed? also knowing when to leave and knowing when the challenge is too great for you, is leadership bravery 👍


Best quotes: “Every job looks easy when you’re not the one doing it.”


“If anyone had thought this deal was a dog, he or she should have said something.”


“He was a hunter—for killer deals and hidden risks, for undiscovered roadside taverns serving lunch.”


“My second day as chairman, a plane I lease, flying with engines I built, crashed into a building that I insure, and it was covered with a network I own”

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