Learn and adapt. Deloitte Advisory’s Mike Kearney met up with Alex Dimitrief, general counsel for GE, to discuss how this diverse company manages through change and uses innovation as a competitive strategy.
The company’s “fast works” movement — think fast, fail fast, pivot fast — motivates teams developing new products and technologies. It’s not about playing it safe and avoiding mistakes. It’s about moving quickly, failing wisely and then shifting your focus to the next area.
“Every institution always makes mistakes. It’s what you do with those mistakes that differentiates you.”