FROM OUR DESK TO YOURS
Longtime GE CEO Jack Welch’s legacy is as contentious as any in the corporate arena. In his new book, “Power Failure,” author William D Cohan details how GE, which by 2000 was the most valuable company on the planet, ultimately fell into disarray after Welch's tenure ended. Mired by internal discord, splintering opinions about his cutthroat management style and a track record of rapid and repeated M&A deals, the book’s account is gripping to say the least.
Thankfully, the unseasonable humidity of last week’s marathon has subsided in time to honor those who served in the armed forces during the 103rd annual New York City Veteran’s Day Parade today—expect upwards of 200,000 participants and 300 vehicle units to make their way down 5th Avenue. Head out, rain or shine, to get a good spot along the route.
If you prefer to spend your weekend festering—sorry—resting on the couch, then saddle up for Yellowstone season 5, premiering this Sunday. Episode one will see John Dutton’s swearing in as governor of Montana (timely, well-done Paramount). The fallout from last season's plot twists, according to variety, will lead to “a tumultuous moment that changes the political landscape of the show.”