1.0
Nov 17, 2017
Recommend
CEO approval
Business Outlook
Pros
Former established FMC industry leader (GE) is being “parted out”. Current, apathetic owner Element/PHH, and it’s inept management, have unwittingly positioned what will remain of the Eden Prairie business unit to be sold off - probably in pieces.
Cons
Poorly deployed transition and the destruction of GE culture, processes, and systems have forced key, longstanding & loyal customers move on to competitors. The lack of vision and inability to clearly and decisively execute falls on the shoulders of indecisive, over promoted middle/upper management.