I have to believe there are more ways for GE to get better other than laying people off... Here are my ideas
-
Cut E Bands by 25% ...Most can easily find another job and are delivering very little. Plus we all gain from removing needless layers. Cut less people for more $$ impact
-
Hiring Freeze !...A real one that includes DTLP, OMLP, Interns, Contractors etc...If you need resources get them from within. Put HR to work placing people rather than firing them.
-
Bring back Rack and Stack ratings....get rid of low performers and turkeys. Boost productivity
-
Get Aggressive at earning work..reduce margins and load our factories up...stop outsourcing
5 ????? Let the rest of this forum add the rest!!!!!!