Word: wright
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Dates: during 1990-1999
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Like Kidder, NBC has from the start been a bruising journey into uncharted territory for GE. Close observers trace the declines in ratings and morale at the network to Welch's decision to install Robert Wright, who had been president of GE Financial, to run NBC. Wright promptly slashed budgets, laid off workers and, critics say, treated the business of providing news and entertainment as if it were indistinguishable from making loans or refrigerators...
...Welch has a weakness, it may be that he is not a good judge of people," says Warren Bennis, a management professor at the University of Southern California business school. "Robert Wright was the wrong guy to put in charge of NBC. He didn't know anything about television, or the creative side. NBC has suffered under GE's management...
...itself," a high-level insider says. "NBC may be well placed: it's profitable and having the second best year in its history. But its performance on the screen doesn't measure up. The problem is with the people Welch put in and left in place. It was Robert Wright who picked Leno over Letterman, and you see how that turned out. The loss of Letterman was the dumbest thing to happen in TV history...
Even the then-director, G. Wright Briggs, agreed to lace...
...years that have intervened between his first and second speeches at the sight have seen the issue of family values move from the exclusive province of the right wing to a place squarely in the center of the American political scene. Listen to Jesse Jackson. Listen to Marian Wright Edelman. These pillars of the Left now make speeches that are in many ways indistinguishable--in substance, if not style--from those of Quayle and William Bennett, perhaps the leading commentator on the American crisis of values...