There's no denying that under the leadership of Jack Welch GE became the nation's most valuable company. Also no denying that now they are simply a "former industrial behemoth." Also no denying that under Welch the company famously was performance based with firings of the bottom 10% of producers a regular thing. After Welch the company became kinder and gentler, trying to go "Green" and foster a diverse socially aware workforce. (Those are my observations - not necessarily reflected in the article.)
How did that work out?
(HT Wally Bock)