We also have Jack Welch to thank for stack ranking (ranking the bottom X% of employees in any given team, no matter how elite they are, as "underperforming").

The self-inflicted damage management fads (and Welch's Ilk in particular) have caused to our economy is incalculable.

Wasn't he also the person responsible for "building up" GE Capital, i.e. the division that almost took down GE in late October - early November 2008?