Word: boundaryless
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Dates: during 1990-1999
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...elsewhere and had the intellectual and emotional strength to deal with it. He set the tone for U.S. industry. GE became highly productive by undertaking a complex reorganization that simplified the company into one with dominant positions in its carefully chosen businesses. Welch then remade GE into a boundaryless organization that encouraged, and got, participation from employees at all levels. He extinguished turf wars and the not-invented-here syndrome that stultifies large companies. And he spread the wealth with stock options. It was a monumental accomplishment in a company of GE's diversity and size. He was the force...
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