Word: ge
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Dates: during 1990-1999
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...GE creates Radio Corp. of America (RCA) to develop radio technology. Buys the British holdings in the Marconi Wireless Telegraph Co. of America...
...GE's radio station WGY in Schenectady, N.Y, begins regularly scheduled broadcasts, including that of the first U.S. radio drama, The Wolf...
...Divests RCA because of antitrust considerations. Creates the GE Credit Corp. to help sell appliances during the Depression...
...increase the demand for electricity, GE begins to produce electric appliances, including the toaster and a lightweight iron...
...beginning of the 1980s, 45-year-old Jack Welch became CEO of another giant, General Electric. Farsighted, incisive--and controversial--he recognized the threat of competition from Japan and 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...