Wednesday, November 24, 2021

GE - The Original "Go Woke - Go Broke"?

Interesting look at GE in light of General Electric CEO Larry Culp's announcement to split the company into three separate firms.   

There's no denying that under the leadership of Jack Welch GE became the nation's most valuable company. Also no denying that now they are simply a "former industrial behemoth." Also no denying that under Welch the company famously was performance based with firings of the bottom 10% of producers a regular thing. After Welch the company became kinder and gentler, trying to go "Green" and foster a diverse socially aware workforce. (Those are my observations - not necessarily reflected in the article.)

How did that work out?

(HT Wally Bock)

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