Surprisingly, vestiges of Welchism have stayed strong even in the face of violent criticism. His infamous layoffs, which earned him the sobriquet of Neutron Jack, are still the first thing companies turn to when they need to trim costs. The reputation of Jack Welch, GE’s formerly highly-rated chief and one-time poster boy of American management, has been under severe scrutiny for years. Long before he passed away in March 2020 his hyper-aggressive leadership style, his focus on results above all else and his general disdain for employees, had been trashed as diabolical and ugly. It didn’t help that GE, the company he built on those principles and which at the turn of the century was the world’s most valuable, didn’t even survive his lifetime. Its sorry fate and eventual disintegration sealed the argument against Welch’s management style. A new book, The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America , by David Gelles, goes … [Read more...] about Despite his checkered legacy, Jack Welch remains a presence in corporate boardrooms
Share to Twitter Share to Linkedin After a particularly grueling work trip of traveling through ten countries in ten days, Rodney Tipton told his wife that during the few minutes of downtime, he had the chance to listen to the song "Acquiesce" from singer K.D. Lang and that it inspired him to one day have a property and call it Acquiesce. His wife, Susan, asked where this property would be and he replied, "I don't know, but we'll be surrounded by land, watch the sunrise and sunset and we'll be very happy there." Susan and Rodney had paid more than their fair share of dues after several years of working in the corporate world and raising three boys while having to relocate to five different states. They lived in Europe for a time and Susan fell in love with white Châteauneuf-du-Pape wine, although Châteauneuf-du-Pape has always been known for their red wines. And so, she thought their Acquiesce dream of finding a piece of paradise could also include growing … [Read more...] about The Wine Area In California With The Most Old Vines Makes Concentrated Reds But Also Unique White Wines
Aryan Khan has never spoke publicly about his arrest in the drugs-on-cruise case, but a senior NCB officer has now revealed what the 24-year-old told drug investigators after he was taken into custody last year. Superstar Shah Rukh Khan’s son Aryan Khan's arrest by the Narcotics Control Bureau was a case that made headlines for weeks. The 24-year-old was among the 20 people arrested in a raid on a cruise ship outside Mumbai, after which he spent over three weeks in prison. He was given a clean chit in the drugs-on-cruise case last month. Aryan Khan and Shah Rukh Khan have not spoken publicly about the case, but a senior NCB officer has now revealed that the 24-year-old said NCB "ruined" his reputation with "absurd" charges. Sanjay Singh, the senior Narcotics Control Bureau officer who was in charge of a Special Investigation Team to probe the drugs-on-cruise case, told India Today magazine that Aryan Khan made some “soul searching queries” while in custody. "Sir, you … [Read more...] about Aryan Khan said NCB drug probe ‘ruined’ his reputation, asked if he deserved it: Report
A local resident reacts in front of a destroyed school after a strike in the city of Bakhmut, eastern Ukrainian region of Donbas on June 8, 2022. (Image: AFP) Content warning: This article contains descriptions and pictures of gun violence, tragedy and war. The day after Nick Ut took the iconic picture of nine-year-old Phan Thi Kim Phuc running away from the Napalm explosion, was the first day of a year-long hospital stay for Kim. June 8, 1972, around 12.30 pm, Kim was fleeing down Highway 1, away from her bombed village Trang Bang when Ut saw her through smoke and fire as he was taking pictures with his Nikon camera. As she came closer, he switched to a Leica M2 – which is now in a museum in Washington D.C. – and through its viewfinder he saw Kim crying in pain as she ran naked. He took almost a roll full of pictures and noticed her skin coming off. Ut put his camera away and took her and the other kids to a local hospital in his car. Thus began a lifelong commitment … [Read more...] about From Vietnam war to Russia-Ukraine conflict: Can a powerful picture change the world?
When she was a little girl, Erika De Salvatore fantasized about being locked in a mall when everyone else had gone home. She’d seen the 1980s rom-com Mannequin , and, after that, she imagined having free reign over the commercial space, exploring storefronts full of products after the lights went dim. advertisement advertisement As we stroll around a huge, mostly empty retail space, she laughs about how she’s now living that fantasy. De Salvatore is the VP of visual merchandising at Target. And this is her domain: A 100,000-square-foot test store that takes up a full city block in downtown Minneapolis. You could wander here for hours and never see another soul. I was the first member of the press to set foot inside the store while reporting a story on Target’s new Made By Design collection . Opened in 2017, it’s a place where Target’s designers, visual merchandisers, executives, and retail partners can all convene to see what products will look … [Read more...] about Exclusive: Inside Target’s top secret test store
TAMPA BAY, Fla. – The NHL’s worst team only five years ago, the Avalanche completed its journey to the top of the hockey world Sunday night, defeating the Tampa Bay Lightning 2-1 to win the Stanley Cup for the first time in 21 years. The Avalanche, which won the series in six games and dethroned the two-time defending champion Lighting, completed a tour de force postseason. It never trailed in any of its four series, never dropped consecutive games and went 16-4. And the clinching win was its 10th come-from-behind victory, tying a league record. The Avs received second-period goals from center Nathan MacKinnon and winger Artturi Lehkonen. The third period was 20 minutes of high drama … most of it produced by the Avalanche. As the Avs created chance after chance, Tampa Bay had no shots on goal in the first 10 minutes of the period and only two through 16 minutes. The Lightning’s first premium third-period chance came with 6:32 left when Darcy Kuemper slid laterally to stop a … [Read more...] about Colorado Avalanche beats Tampa Bay, 2-1, in Game 6 to win Stanley Cup