There would be a flight attendant to dispense beverages and deluxe nuts.
Usually the boarding was at a suburban location. That meant an easier kind of commute to the airfield. No bothering with JFK.
That way of doing business will be no more at GE. And that model could spread to other corporations. That is, if the stock price surges.
As a cost-saving move (and just as importantly as a symbol of a new era), new chief executive officer John Flannery is axing the two corporate jets. That's the beginning of what could position and package him as Jack Welch 2.0.
Back when Welch was transforming GE his signature strategy was reducing expenses. At the top of the list was the cost of headcount.
He, along with Chrysler chief executive officer Lee Iacocca, was a pioneer in eliminating the bloated layers of middle management. In addition, they created unique manpower flexibility by standardizing the use of contract workers. The rest is history. Now, so many of us are out here hustling. We constitute the 21st century version of "day worker."
Of course, GE employees at all levels, not simply in the middle, should be braced for being pink-slipped. If they are lucky, they will be invited back as on-demand-economy workers. The most brutal aspect of that shift is losing access to health insurance in which there is an employer contribution.
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