Nardelli Says GE Turnaround Is a 'Herculean Task'

The transcript discusses the challenges faced by GE, including a significant decline in market cap over 16 years. It highlights the cultural environment at GE and the role of John Flannery in steering the company towards profitability. The discussion covers financial strategies, asset sales, and tax implications, emphasizing the need for cash generation. The future outlook is uncertain, with expectations managed over years rather than quarters, as GE aims to recover and compete with other Dow companies.

How does the speaker describe the work environment at GE during their tenure?

What are the key factors contributing to GE's decline in market cap over the last 16 years?

What challenges does John Flannery face as he takes over leadership at GE?

What indicators will be important to assess GE's recovery and performance moving forward?

How does the speaker suggest measuring the timeline for GE's turnaround?