"in wave one what do you think the impact was on the individual employee during the restructuring. why do you think he was referred to as neutron jack?"
When Welch became the CEO of General Electric in 1981, he set about to restructurethe company to become “lean and agile.”The standard he set for all of the GE heldbusinesses was to be first or second in their industry or to close, also known as “fix, sell,or close”