Part 1/9:
The Legacy of Jack Welch: Architect of Corporate Transformation or Catalyst of Inequality?
Jack Welch, the former CEO of General Electric (GE), is a polarizing figure in the corporate world. Renowned as a groundbreaking leader who transformed GE into a thriving global conglomerate, Welch's tenure from 1981 to 2001 is characterized by innovation, aggressive financial strategies, and, controversially, a relentless pursuit of efficiency at the cost of labor. His legacy raises a critical question: Was Welch a visionary leader who propelled corporate America into a new era, or was he a harbinger of a system that led to a profound erosion of the middle class?