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[QUOTE="JohnFSilver, post: 4731816, member: 1618"]
No. I am a big six sigma guy though, and Welch really pushed ruthless efficiency and candor.

Welch took advantage of wall streets quarterly earnings phenomenon that started in the 1980s and really gave us our system of quarter to quarter, what we have today.

But, make no mistake, Six Sigma really struggles in  RnD and creative pursuits. Welch sacrificed creativity and ingenuity for efficiency and cost cutting.

Yes, he helped drive waste out of manufacturing, but none of GEs products in the internet era were revolutionary. They didn’t make anything new, and essentially became a company that makes money on operational exellece.

Problem was, once the gains from Six Sigma were realized, and the org ran at a higher of lean management, future projects provide diminishing  Returns.

They failed to innovate, which I attribute to Welch’s quarter to quarter managing style.

Frankly, Welch abused what six sigma and lean are and used it as a cost cutting measure. That is absolutely poor management
Strategy.
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