What kind of culture is Mr. Culp attempting to create at General Electric, because the culture of an organization is the foundation of a company’s performance.
For better or worse, everything a CEO does or says reflects the kind of culture the CEO is attempting to build at the company, especially at a company turning around.
Unfortunately, Mr. Culp has gotten off to a bumpy start in front of the investment community, leaving people uncertain about GE’s future and the price of its stock has declined.
Larry Culp did not get off to the greatest start as the leader of General Electric (NYSE: GE). Unfortunately, this sets the tone for his early days in office. And, it sets the tone for investor confidence.