"We attempted to manage volatility through layers and reviewers. Like many companies we were guilty of countering complexity with complexity ... more inspectors, multiple reviewers." The result was "higher cost structure, an artificial sense of risk management, and we were insulating our people from the heat of the market."
-Jeffrey Immelt, the boss at GE, as excerpted from here
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment