General Electric: The Siemens Side Of Change [Seeking Alpha]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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US:NYSE Investor Relations:
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Source: Seeking Alpha
Summary In the eighties and nineties, I had the pleasure of collaborating with academia in the area of organizational change including on, Research on the Management of Innovation : The Minnesota Studies , edited by Andy Van de Ven, Hal Angle, and Scott Poole. These scholars were working to determine what differentiates organizations that succeed at change from those that don’t. Their research extended into mergers and acquisitions and later into guidance articles for would-be acquirers. The Dark Side of Change One morning, a Minnesota Studies participant called to see if I had read his latest article on M&A before he submitted it for publication. I was in a grumpy mood and snapped that I had grown tired of such self-help articles. “David”, I explained, “At two-thirds, the failure rate of M&A’s has been constant for almost 100 years. There is no learning going on here; what makes you think executives care?” My friend was taken aback and challenged, “Well then, what do y
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