Jack Welch & GE: Daddy Issues
Corporate Gossip
Becca Platsky
4.9 • 655 Ratings
🗓️ 28 April 2023
⏱️ 91 minutes
🧾️ Download transcript
Summary
A SUPERSIZED EPISODE!! Two pods in one!!!
Jack Welch is our collective Corporate Villain origin story. Potentially the most famous American CEO, Welch, like so many of the leaders we cover on this pod, possesses a dangerous combination of ruthlessness and incompetency. Adam and Becca trace his meteoric rise and salacious downfall before passing the reins of turd mountain (GE) to a series of doomed successors. Our apologies in advance to the fine people of Massachusets for our repeated unsuccessful attempts at a Boston accent.
P.S. John Flannery if you're reading this right now we love you please come on the pod <3333
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Tiktok: @corporategossippod
Hosts: Becca Platsky (Becca@nitetoast.com) Adam Platsky (Adam@nitetoast.com)
Produced by: Michael Albanese @bigmanmike
Links:
How Jack Welch's Reign at G.E. Gave Us Elon Musk's Twitter Feed
Was Jack Welch the Greatest C.E.O. of His Day—or the Worst?
Jack Welch: Managerial Genius Who Made One Disastrous Mistake
Harvard Editor Faces Revolt Over Handling of Welch Story
Pic of Welch and Suzy making out
Former GE CEO Jeff Immelt on his controversial legacy: 'I don't want to hide'
GE Cuts Larry Culp's 2022 Pay After Shareholder Protest
Corrections:
- GE is still the largest manufacturer of jet engines. Rolls Royce is #2 in the industry.
Transcript
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| 0:00.0 | Welcome back to another episode of the Corporate Gossip Podcast. |
| 0:04.0 | This is a supersized episode, two episodes and one. |
| 0:07.4 | We cover Jack Welsh and GE. |
| 0:09.9 | Before we get started, I get to do my favorite thing, which is shout out everybody who bought us coffees this week. |
| 0:15.2 | We have Romaine Gevary and At Evan, PHX, in addition to two great friends of the pod, the Nora McInerney, and |
| 0:23.8 | Lauren Bryant Esquire. By the way, when you buy us a coffee, that money goes, of course, |
| 0:29.2 | to buy us coffees, but in addition to all of our subscriptions to various news outlets, |
| 0:34.1 | this podcast is fueled by research, which isn't possible without subscriptions to the New York |
| 0:39.1 | Times, the Washington Post, the Wall Street Journal, Bloomberg Seeking Alpha, among others. |
| 0:44.5 | And I get like 10 gifted articles a month that I can share. So if there's an article that we list in |
| 0:50.9 | our show notes or even something that you found in your own research that's behind |
| 0:54.5 | a paywall. Just shoot me an email at becca at nighttoast.com and I can probably get you a link. |
| 0:59.8 | And just a couple of reminders. A lot of people have been asking about the books that we read |
| 1:04.0 | to prepare for this podcast. We have a bookshop.org link in the show notes. So you can check that out. |
| 1:09.8 | I also added just some of my favorite books on there as well. And I also have a link in the show notes. You can check that out. I also added just some of my favorite books on |
| 1:11.8 | there as well. And I also have a link in the show notes for listener feedback. We want to make sure |
| 1:16.9 | that we're hearing from our listeners on what you want to see more of, what you want to see less |
| 1:20.5 | of. Thank you so much to everybody who has already provided some feedback. We are going to read |
| 1:26.0 | all of it and make sure that our next season is |
| 1:29.1 | the juiciest season yet. All right, here's the show. |
| 1:36.3 | The sun is setting on the Italian countryside as Jane and Jack Welsh stroll along the |
| 1:42.5 | cobblestone streets above the rocky beach. |
... |
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