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0.000804735664793438 -0.000559223089093815 -0.000218233400622062 0.000122756287849812 -0.0131690217687818 -0.00785640242239085 -0.00976594467783296 -0.0138578209394948
Stock impact report

The Failure of GE’s Digital Transformation [Fortune]

GE Aerospace (GE) 
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Company Research Source: Fortune
This article first appeared in Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here . It is painful, but necessary, to read about failure in business. By any measure the decline of General Electric these past months is an epic fail for the ages. Fortune ’s Geoff Colvin should know. He repeatedly profiled the storied industrial conglomerate during the tenure of its departed CEO, Jeffrey Immelt. Colvin explained in past years what made Immelt a worthy successor to the legendary Jack Welch. He also described Immelt’s struggles to achieve adequate growth at GE—long before its grave problems emerged. But nothing prepared Colvin or GE’s investors for the precipitous collapse of the company’s market value in the immediate aftermath of Immelt’s abrupt retirement. In a stunning article titled “ What the Hell Happened? ”, Colvin describes a company that made poor investment decisions, allocated capital Show less Read more
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