from Part II - Business Enterprises
Published online by Cambridge University Press: 18 October 2019
There was a time when we were all six-sigma-ing. We did so because Jack Welch had bought into the six-sigma phenomenon and he had created a phenomenally performing General Electric (GE). Then we moved along from good to great to the search for excellence to becoming great by choice to whatever superlative Jim Collins told us was the way to a company that was built to last. Then someone moved our cheese. We had no time for that because we were just one-minute managers. We smoothed earnings, incentivized employees, and created three tiers of employees – including getting rid of the bottom tier of employees, whether they deserved termination or kudos. We all wanted to be part of the Fortune 100, the Fortune Most Admired Companies, even as we were led by Fortune CEOs and CFOs of the year – many of whom ended up doing time.
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