How can you think and hit at the same time?
– Yogi Berra
Poor Jeff Immelt. Despite better than expected earnings by Wallstreet, General Electric’s first quarter still sank by one third, weighed down mainly by its GE Capital unit, but also due to weak performance by some of its heavy industrial divisions. Seen as a general indicator of the U.S. economy’s performance (the results of its wide-ranging product line) GE still has a mountain to climb if it ever hopes to regain its former prominence.
How things have changed since former CEO Jack Welch retired from GE in 2001 after 20 years at the helm.
One of the brighter lights in the management/leadership literature is Henry Mintzberg, Cleghorn professor of Management Studies at McGill University in Montreal. Mintzberg is one of my top three favorite thinkers and writers in this field. His grounded approach to the practice of management, based on three decades of empirical research, combined with his teaching and the authoring of 15 books, make him one of the world’s leading authorities.
by Jim Taggart
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