How GE Went From American Icon to Astonishing Mess

https://www.bloomberg.com/news/features/2018-02-01/how-ge-went-from-american-icon-to-astonishing-mess

Executive summary:
Splashy, big name personalies like Jack Welsh and Jeffrey Immelt neglected the core competencies and instead jacked the company up on “low quality” financial investments that helped meet quarterly earnings goals.    After the 2008 crash, the game was exposed.  Now the company is hopefully going back to basics.

 

Author: Ben Slade

I'm a software technologist with a political bent. My views tend toward the contrarian and slightly curmudgeonly end of the spectrum.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.