Captain of industry

摘要

TN HIS AUTOBIOGRAPHY, published soon 1 after retiring from ge in 2001, Jack Welch explained the challenge he had faced when taking over as chairman and chief executive of the iconic American company 20 years earlier. The firm had grown top-heavy and sclerotic. Some divisions had not posted profits in over a decade. In his farewell speech, Reginald Jones, his patrician predecessor, likened the industrial conglomerate poetically to the Queen Mary, a majestic ocean liner, caught in a storm.