I have advocated realism and establishing REALISTIC, not DREAMING expectations. In my book THE SECRET TO GE's SUCCESS, I described how historically, GE, was able to set realistic expectations and then MEET them.
Unfortunately, the current GE leadership decided to establish... "DREAMING SESSIONS and OUT OF THE BOX" expectations and they failed.
But now reality has forced all, not just GE, to stop dreaming and focus on the current and potential reality and not over promise... the result is clear. Yesterday... Immelt and his dream team, told the world things were BAD...but they had the resources to continue the traditional GE dividends... and even though the results were not desirable ...the GE stock rose 14%...too bad they didn't do this in March and GE would be the safe haven and its stock would be double its current value.
Bill Rothschild, author of the only book that explains the past successes and failures of GE and why General Electric (GE) needs to get back to LATIN...read: THE SECRET TO GE's SUCCESS...
Unfortunately, the current GE leadership decided to establish... "DREAMING SESSIONS and OUT OF THE BOX" expectations and they failed.
But now reality has forced all, not just GE, to stop dreaming and focus on the current and potential reality and not over promise... the result is clear. Yesterday... Immelt and his dream team, told the world things were BAD...but they had the resources to continue the traditional GE dividends... and even though the results were not desirable ...the GE stock rose 14%...too bad they didn't do this in March and GE would be the safe haven and its stock would be double its current value.
Bill Rothschild, author of the only book that explains the past successes and failures of GE and why General Electric (GE) needs to get back to LATIN...read: THE SECRET TO GE's SUCCESS...
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