Monsanto, acquired by Bayer AG this year, said lenders who hold leases on some company planes may try to claim the takeover placed the contracts in default.
Instead of just ticking things off a checklist, assessments bring people from across the organization together to take stock, do some soul-searching and make improvements.
Just two years earlier, it would have been unthinkable for an executive groomed outside of GE’s vaunted Crotonville, New York, management school to land the top job. Today, though, an outside perspective is exactly what GE needs.
You need to obsess about your competitive landscape, about new technologies impacting your business, about the stability of your banking relationships, and a host of other issues.
