During my 40 years of strategic leadership, leading my own successful consulting firm and dealing with companies of a wide variety of sizes, position on the life cycle, and industries, I learned that WINNERS are practical and realistic and limited IMAGINATION.
Unfortunately my Alma-mater, GE, appears to be so enamored with imaging that they may have lost sight of the reality that winners must DO WHAT THEY SAY AND NOT JUST DREAM ABOUT IT.
The current GE management team imagined that CHINA was winner and now find it is not as easy to deliver results and NEVER will be.
They thought that the OBAMA HOPE was consistent with their IMAGINATION and it is not.
They IMAGINED THAT THEY COULD GROW REVENUES at a consistent rate of 8% and have now realized it is not that easy.
IHOPE AS A STOCKHOLDER, ALUMNI and FAN OF GE's ability to succeed, THAT THEY FACE REALITY AND RETURN TO REAL STRATEGISTS and SUCCESSFUL LEADERS AND NOT JUST DREAMERS.
BILL ROTHSCHILD
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