Friday, March 25, 2011

WHO AND WHAT IS JEFF IMMELT??

I am amazed and very disturbed about the leadership of Jeff IMMELT.

When I wrote THE SECRET TO GE's SUCCESS...which was originally entitled BREAKING THE GE CODE..(the so called experts at Mc Graw Hill changed the title, since they already several SECRET BOOKS).. I thought that JEFF IMMELT was just a victim of POOR TIMING and having to succeed THE LEGEND OF ALL LEGENDS..JACK WELCH..

I was even given the previlege of LUNCHING WITH JEFF in the EXECUTIVE DINNING ROOM for over two hours...

BUT, now I am totally confused.

JEFF appears to be very gracious and understanding and even has some elements of TRADITIONAL GE leadership...

BUT AGAIN.. his RELATIONSHIPS with the biggest failure of AMERICAN PRESIDENTS and even WORSE a PRESIDENT THAT LACKS LEADERSHIP TO SUSTAIN THE COUNTRIES POWER and the BEST SOCIETY EVER.. IS BOTH DISTURBING AND EVEN MAKES ME WONDER WHAT JEFF IS DOING.. IT APPEARS THAT HE SUPPORTS THE SOCIALIZATION OF THE COUNTRY AND HE IS NOT HELPING THE COMPANY, AND KEY STAKEHOLDERS.

I was once proud of GE as an ALUMNUS..but now I challenge its entire VISION, STRATEGIES and LEADERSHIP...

JEFF DO YOU REALLY KNJAOW NOW NEGATIVE WHAT YOU ARE DOING IS HAVING ON ALL OF THE "GE LOVERS, ALUMNI and KEY STAKEHOLDERS?

JACK WELCH appears to have SELECTED THE WRONG LEADER...even with the so called CREATIVE SELECTION SYSTEM.

Bill ROTHSCHILD..author of THE SECRET TO GE SUCCESS. the only real STRATEGIC HISTROY OF GE PAST and PROJECTED FUTURE.

Friday, March 4, 2011

JACK WELCH RETURNS

I am enjoying the return of JACK WELCH...the CEO who never gives up.

Recently Jack has challenged the IMMELT strategies of GOING GREEN and IMMAGINATION.

He challenges whether the GREENING strategy...namely WIND FARMS and SOLAR will ever turn to the GREEN Currency of the US (which as become MONOPOLY MONEY with different colors because of the ability to replicate the currency).

When I worked for Jack it was clear that he always wanted to see the PROFIT results for any ventures or acquisitions...I agreed with the concept but challenged his logic...

IMMELT is the HEDGE FUND MANAGER of all time...and it is not clear that his portfolio makes sense..he needs the challenge of a WELCH LIKE leader...which I have always played with my clients and even in GE...

IMMELT must return to Critical analysis and REAL STRATEGIC THINKING and avoid BEING ALL THINGS TO ALL PEOPLE AND IMMAGINATION...

I still own a large number of GE shares and am disturbed that the stock price is so vulnerable and not the consistent earner of the past...

JEFF LISTEN TO ALL OF THE STAKEHOLDERS and EVEN YOUR MENTOR JACK WELCH..who is aging but not senile.

Still A GE LOVER...BUT CONTINUE TO BE A CHALLENGER OF ILLOGIC, AND NON STRATEGIC THINKING

Bill Rothschild..GE CLASS OF 1984.. and a retiree and shareholder,