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.

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