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Safe Bets, Slow Innovation

Software Engineer
Current Employee
Has worked at General Electric for 4 years
July 15, 2013
Minden, Nevada
4.0
RecommendsNegative OutlookApproves of CEO
Pros

GE has been smart enough to stay around for a long time because management is pragmatic and tries to stay grounded in real numbers and safe bets.

Cons

Risk-taking is not always rewarded, even when successful. GE tends to take safe bets and looks for innovative ideas that they can buy through acquisitions rather than branching out and trying new things themselves.

Advice to Management

Find a way to communicate your vision for the future of the business other than by telling us the revenue you want to achieve. Having an end goal is great, but you need to tell us how you want us to get there.

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