Thread regarding General Electric Co. layoffs

The problem to me is that HR has completely pulled off from finding, nurturing, and allocating HUMAN CAPITAL (talents) across the company. HR do not call the hiring shots anymore. They have been handed over to the line managers, who do guess what? Hiring clones, people they know, people who are part of their immediate teams. Under Welch, HR acted as the steward of meritocracy and made sure every employees got training and support for their career. Now training is gone, delegated to briliantyou (online). Session C is gone, and the PD system is an invitation to keep promoting friends of friends, How can you promote, how can you talk about meritocracy where there is no performance assessment system in place? Session C was one of the best processes ever invented by GE, used by dozens of successful businesses. I smile every time I hear "meritocracy" on the mouth of our leaders. So fake, so untrue. GE has become one of the most "un-meritocraty" companies out there. And this is reason #1 for where we are now.

This couldn't be more accurate. The leadership program in GE is sooooooooo 90s and it stinks. Get people who actually know some sh-- to lead the company!

The post is accurate; decisions are often the consensus of a self-perpetuating cabal of clever PowerPoint Junkies devoid of any relevant product knowledge

It is a balance. Some old guys are so valuable and so knowledgeable, but some of them just don’t accumulate much from time except the age number. The problem is the leadership lost the sight of who knows what.

IMO GE stopped doing the right thing for the company by letting go of experienced professionals to make room for the alleged "high pots". These kids were put into management roles and had no clue what they were doing. That is when we started to lose value as a company. Now the good people are gone and what's left is a bunch of spoiled brats, the entitlement generation, and the executives who will soon be walking out with early retirement packages worth millions.

I have a new leadership intern to help lead a development project who does not know anything about how it will be used, what it does, environment it is used in - yet in true ge mode she tries everything herself first then asks for help.

Not all ops/cell leaders are bad.... I’ve had a couple good ones... guess it depends on the type of person you are

Obviously those programs have helped the company greatly the past 15 years. GE has never been better

Hate to break it to everyone, GE hasnt been a manufacturing company for years. Welch created GE capital which was the majority of the business, look at the filings. He was the downfall of the business when he started to be too aggressive with diversification. There is a reason they use soo many different accounting methods on investor days. He was just trying to get the share price up which would then increase his salary, bonus, benefits, etc...... He was a liar and a terrible leader but a great showman. Basically what is wrong with corporate America. Screw the machinist and welder, i need my $80,000,000 month in New York. Just look up his divorce filings, shareholders & employees were paying for his satellite tv in 4 different houses. He was just a wife cheating piece of sh--

https://www.google.com/amp/s/www.cnbc.com/amp/2017/11/17/ges-john-flannery-lacks-vision-strategy-and-passion-to-rebuild-company-commentary.html

Funny to see how those programs never adapt or the general ideas have changed for 20 to 30+ yrs since welch has been in charge. Industries adapt and have changed soo much but GEs basic idea of "fancy" training centers and leadership programs havent. The execs are stuck in the 90s mentality that welch built. In that time, Ge was built on GE capital and not even industrial. Ge hasnt been an industrial company for the past 30 yrs. The company was mainly a bank and welch just fooled everyone to thinking it was an industrial company. Looks at the balance sheets if you doubt