The fact that the BoD were sold snake oil and bought into the GE cult thing is bad enough, but as you say, they didn't even realize that it wasn't working where it was being applied according to the gospel of Jack, and they, and almost no one else, didn’t notice that MZ was not really executing properly on the important and potentially beneficial aspects of the Jack Method. For example, as MZ admitted near the end, he did not restructure NT to actually and thoroughly streamline, de-matrix, and de-layer the organization. Instead of busting bureaucracy as Jack did at GE, he increased it under his tenure for the first three years. Instead of empowering the rank and file, they were disempowered.

To copy GE/Jack in every respect was intellectual laziness and foolish. Not even implementing a decent copy of GE/Jack was even worse. And worst of all, as you say, the BoD bought into this stupid “plan” and sat back when it wasn’t implemented properly in some major aspects and wasn’t working when “properly” implemented according to Jack.

THE TRUTH ABOUT WHAT MZ AND BOD DID AND DIDN’T DO TO NT MUST COME OUT!:

1. STUPID, STUPID, STUPID “PLAN” TO COPY EVERYTHING JACK DID AT GE OR RECOMMENDED.
2. POOR OR NO EXECUTION OF SOME OF THE KEY POTENTIALLY BENEFICIAL ASPECTS OF THE JACK METHOD
3. BOD ASLEEP AT THE WHEEL WHEN “PLAN” WAS NOT WORKING OUT
4. CFO AND BOD ASLEEP AT THE WHEEL WHEN THE BALANCE SHEET WAS GETTING VERY WEEK.
5. STUPID PLAN TO ANNOUNCE HORRIBLE NEWS AND SUPPOSED SALE OF MEN RIGHT WHEN THE FINANCIAL CRISIS WAS PEAKING
6. NO REAL ATTEMPT TO DEVELOP A VIABLE CREATIVE RESTRUCTURING PLAN TO EMERGE FROM CCAA/CH 11.
7. UNETHICAL BONUSES WHILE PEOPLE BEING LET GO WITHOUT SEVERANCE AND PENSIONS DEGRADED.
8. LOTS OF EXCUSES, NO APOLOGIES, MINIMAL ADMISSION OF ANY LESSONS LEARNED.