GE’s Fall Has Been Accelerated by Two Problems. Most Other Big Companies Face Them, Too.
Harvard Business
JUNE 29, 2018
In the fall of 2017 under Flannery, MA&D unsurprisingly became GE’s turnaround strategy tool. So on June 26, 2018, Flannery announced that GE was going to be fixed by doing more, and bigger, divestitures, this time spinning out the giant GE Healthcare and Baker Hughes businesses — and cutting costs some more.
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