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. Or they may even put the entire company up for sale. Often the short-term cuts directly affect employee salaries, jobs, and long-term investment in R&D. So what happened?
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