Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors
Nov 4, 2017
11:55
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Jeff Immelt ran GE for 16 years. He radically transformed the company from a classic conglomerate that did everything to one that focused on its core industrial businesses. He sold off slower-growth, low-tech, and nonindustrial businesses — financial services, media, entertainment, plastics, and appliances. He doubled GE’s investment in R&D.
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