Thread regarding General Electric Co. layoffs

There is nothing wrong with running a company financials but you cannot neglect engineering, technology, and manufacturing and succeed in our business. You also cannot have managers run the company who don't know what they are doing.

This is what we have at GE.

There is a severe culture problem at GE to think people with little knowledge can manage all aspects of the company, This is why GE is failing by all metrics. Many of us wonder if can GE be fixed and are sure just cutting across the board will not do the job?

Ge needs to bring back managers who know what they are doing, and quit promoting fakers

Maybe more six sigma can fix the company

Get rid of the one trick ponies currently in management and bring in some preofessionals who know what they're doing.

They don't have the technical knowledge to run the company, only cut and other short sighted tricks to try to make numbers. Now they can't make the numbers because they have neglected technical innovation, manufacturing and product development, and our customer base by lousy service.

GE needs to return to its roots of technical excellence in products, manufacturing, and service to be successful and get rid of its bloated management structure of managers with little technical knowledge of he business.

All the big hitters that I knew came from Capital. They were always seen as the "cream of the crop".

"How can HR allow this?"

This shows a fundamental misunderstanding of the HR role in an organization. The purpose is to ensure that there is an adequate supply of labor at a reasonable cost to meet the organization's objectives. It is illogical that HR somehow prioritizes employees over management.

So you are drowning in mediocrity and you are part of this mess. What are you going to do about it other than moan. Why don't you go and get an education.

as someone I admired (who left GE) used to put it, very insightfully: "GE is an operations' company, run by finance'. Forget any industrial (digital?) strategy, forget a truly customer-centric approach, forget the technological leadership. The company is the sum of thousands of operations (often repetitive, many times ultra complex, and anyway poorly executed), more or less coordinated by finance guys who want to maximise the quarterly returns. As Buffet says, the market is always right...so there is very valid reason why the stock is where it is. I don't think the senior leadership of the company has fully grasped how bad the situation is. I work in Healthcare in Europe, and even if the business is doing ok (for the moment), I do not see around me the sense of urgency that the situation requires. At the end, the vast majority of SEB+ are just not up to the task. They grew up and were promoted during the times when markets were booming. They just had to execute, and nobody asked them if they did better or worse than the market (in fact, they did worse). They are kind of hiding now, because just unable to handle the situation. The present situation should be their ultimate test of "leadership". It should be the once in a lifetime occasion when they prove how good they are. But these "uber leaders" are simply failing. There is no blog, no all employee broadcast, no "message from your leader" that can hide their mediocrity