GED is committing s--c-de by not providing a clear path forward - business and product - for current and prospective clients. This is hugely irresponsible and not fair to those who are still on the job trying to make it work. Who is “Culp”-able for this indecision?
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A few too many in the managements layers outside of Aviation and Heathcare are just drawing paychecks and waiting for Culp's employment contract to expire, hoping to return to the good ole days.
GED is looking to cut all cost across the bored and sell itself to capital investment company. That is the only way for it to survive.
Agreed. GED isnt going to actually win deals for new business. A this point can monetize installed base and potentially regoup. Agree there is little mgmt capability GED
his plans are overall good . ged is a lost cause
Culp is out of his element at GE. He is use to buying good companies that have lost there way and making them better. Now he needs to turn bad companies into good. So he plans on doing it by doubling down on six- sigma, intern and leadership programs. Good luck with that. He needs to clean house and identify those that talk the talk but can't walk the walk and get rid of them. He won't because he has no skin in the game. If he doesn't work out he skates with 80 million.