GE has really taken a significant step down under Jeff Immelt's tenure (how much is his fault is up for question). It certainly is no longer the place to go for

GE has really taken a significant step down under Jeff Immelt's tenure (how much is his fault is up for question). It certainly is no longer the place to go for managerial excellence. The people that are good, leave. The managerial rotation system leads to managers that make decisions for the short-term. The decisions just need to be good enough for the manager to get a promotion and then it's someone else's problem. Other issues have been being late and a dollar short to most things, requiring GE to spend $$$$ to be a late entry. Source: Multiple family members have worked for GE