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,
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment