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GE's top management faces a shake-up in digital transformation

source:Update time:2020-04-14 15:33:36The number of clicks:581timeFont size:T | T

GE is tasked with revitalizing American manufacturing, and digitization has become GE's core technology.But today, as the boardroom carnage heats up, SO too will GE's digital path.

In late July 2016, the old American industrial enterprise General Electric (hereinafter referred to as GE) held a "When Wisdom Meets Machine" event in Shanghai General Electric Science park, which attracted partners and media from all over the world.

In this special innovation conference, Duan Xiaodan, President and CEO of GE Greater China, and the executives from various business units confidently demonstrated GE's innovation platform Predix and various encouraging measures for digitalization in the future, and presented GE's digital innovations in the fields of anticipation, aviation, power and smart city to the audience.

In fact, after spinning off its financial operations, GE is charged with reviving American manufacturing with the support of the Obama administration.And digitization has become GE's core technology to revive manufacturing.

And with a fresh start, Flannery is starting to restructure the group, slash management costs and consider selling a stake in GE Digital.So GE's digital transformation has not been smooth.To meet its goal of cutting costs by $2 billion by the end of 2018, Flannery has begun deploying layoffs.With digital spending already exceeding expectations, the cuts are likely to spill over into GE's digital path.

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