Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors
Steve Blank
NOVEMBER 1, 2017
Instead of lean innovation programs, there is a mandate to cut $2 billion in expenses by the end of next year, lift profits and raise the dividend. At GE the biggest problem in 2017 was major revenue misses in their Power business.) “Things will not stay the same at GE.”. So what happened? In fact, what happened is activist investors.
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