How I Remade GE And what I learned along the way

How I Remade GE And what I learned along the way

Author: 
Immelt, Jeffrey R.
Publisher: 
Harvard Business School Press
Date published: 
2017
Record type: 
Journal Title: 
Harvard Business Review
Source: 
Harvard Business Review, Vol. 95, No. 5, September-October 2017, pp. 42-52
Abstract: 

As the chief executive officer of General Electric Co., the author identifies five key transformations that fostered success: portfolio, innovation, globalization, strategic focus, and organization. GE's portfolio was shifted from nonindustrial businesses to manufacturing and high-technology services and products. Innovation changed from mergers and acquisition-led diversification to growth driven by technology. Corporate perspective was moved from a U.S. to a global view. Strategic focus transitioned from industrial over to digital industrial, enabling additive manufacturing. And organization phased from top-down to decentralized and agile. He also emphasizes the importance of discipline, soaking up information, adopting an existential approach, being committed, and being resilient.

Language: 

CITATION: Immelt, Jeffrey R.. How I Remade GE And what I learned along the way . : Harvard Business School Press , 2017. Harvard Business Review, Vol. 95, No. 5, September-October 2017, pp. 42-52 - Available at: http://library.au.int/how-i-remade-ge-and-what-i-learned-along-way