"Boeing's Leadership Crisis: A Pivotal Moment for Corporate America"
Dave Calhoun, a disciple of the late Jack Welch, is stepping down as CEO of Boeing, adding to the list of unsuccessful Welch disciple CEOs. General Electric, once hailed as the world's most respected company under Welch's leadership, will split into GE Vernova and GE Aerospace, marking the end of the conglomerate and the disappearance of its name from publicly traded US stocks. The legacy of Welch, known for playing accounting games, has left a trail of unsuccessful CEOs, including 13 mentees who struggled in leadership roles, while only four were successful. The downfall of these CEOs highlights that Welch's management tactics, such as "ranking and yanking" and short-term focus, are not sustainable for running a company.
