It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. “Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues. The book would have been more engaging if shortened by nearly 100 pages.Īn overlong survey that may interest business students as a case study. They analyze Immelt from a variety of angles, and while he certainly emerges as a complex figure, the authors struggle to make him compelling as a protagonist. The authors’ knowledgeable reporting is mostly top-down, as they rarely focus on lower-level employees. Readers without a direct connection to the corporation-e.g., current or former employees, outside corporate analysts, and investors-will be tempted to skim the parts of the narrative about the dizzying maneuvering inside the corporate suites. Often, the authors’ exploration of the bigger picture falls victim to the excruciatingly detailed saga of GE. This leads the authors to wonder about the viability of many other seemingly healthy corporations. Beneath the placid surface, GE was in total disarray.” The authors attempt to place the demise in a larger context by noting that for many decades, GE served as a model of excellent management for countless other corporations. When Flannery arrived in 2017, the company was fighting “dysfunction tending toward chaos and a confrontation with the past that was mere weeks from spilling into public view. At times, financial disaster seemed imminent, as the corporation sold many of its electricity-related assets to raise cash. During their stewardships, GE stock prices and number of employees dropped significantly. Examining what went wrong during the past two decades, Gryta and Mann focus mostly on CEO Jeff Immelt and his successor, John Flannery. Or is it abandoned? It doesn’t take long for the three teens to realize they may not be alone.įurther complicating the life-or-death adventure is a mounting attraction between JJ and the secretive Savannah-the closer JJ gets to her, the more he realizes he’s playing with fire.Two Wall Street Journal reporters expand years of their newspaper coverage into a detailed book about the decline of General Electric due in large part to management incompetence, greed, and dishonesty.įounded in Schenectady, New York, in 1892, General Electric eventually grew into one of the world’s largest corporations, selling products and services with sterling reputations, developing a loyal workforce, training managers who earned renown (especially Jack Welch), and providing reliable investments for stockholders. As a violent storm sets in, the three realize the only place to safely ride out the squall is a creepy, abandoned hotel on the shoals’ lighthouse platform. Soon after they set sail, the friends run into the captivating Savannah, who hitches a ride aboard the HMS Pogue when the weather worsens and her boyfriend leaves her stranded. Turns out they aren’t the only adventure-seekers at sea. The last thing JJ and John B want to do is spend their week watching Kooks in action, so they plan a fishing getaway to the notoriously dangerous Frying Pan Shoals-nicknamed “Graveyard of the Atlantic” for good reason. It’s spring break in the Outer Banks, and the islands are swarming with rich tourists. JJ convinces John B to go fishing in the notoriously dangerous Frying Pan Shoals, where they pick up a stranded Kook and run into smugglers with deadly cargo.Īn original YA novel based on the hit Netflix series, Outer Banks, written by New York Times bestselling author Alyssa Sheinmel, featuring JJ and John B in a brand-new, high-octane adventure
0 kommentar(er)
