Sun, 14 November 2021
For more than a century, General Electric stood as a beacon of American manufacturing and ingenuity. The 129-year-old company was once the most valuable U.S. corporation; its brand emblazoned on tens of thousands of products from light bulbs to nuclear power plants.
On November 8th, GE, which has been in decline for years, announced that it would spin out its remaining operations into three separate companies, in effect, heralding the end of General Electric as the world knew it.
What went wrong and what can today’s business owners and leaders learn from the rise and fall of GE? Gary Hoover, executive director at American Business History Center and a leading business historian, is host Dean Rotbart’s special guest this week.
Photo: Gary Hoover, American Business History Center