Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors
Steve Blank
NOVEMBER 1, 2017
So is John Rice, the head of Global Operations along with CFO Jeffrey Bornstein. Increase operating margins to 18% (by cutting expenses). Next, they use the financial press and blogs to spread their message to the institutional investors. At GE the biggest problem in 2017 was major revenue misses in their Power business.)
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