Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors
Harvard Business Review
OCTOBER 30, 2017
Innovation at GE was on a roll. Since then Flannery has replaced Immelt’s vice chairs responsible for innovation. So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. Are lean innovation and the startup way a failure in large companies? Then it wasn’t. Comstock is out.
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