Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors
Steve Blank
NOVEMBER 1, 2017
In response to reading Eric Ries’s The Lean Startup , GE adopted Lean and built their Fastworks program around it. So is John Rice, the head of Global Operations along with CFO Jeffrey Bornstein. In 2015 Trian Partners, an activist investor, bought $2.5 Increase operating margins to 18% (by cutting expenses).
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