Larry has left Danaher 4yrs back. In his tenure in Danaher he made the company big....from $3bn to $50bn.
He has admitted he learnt a lot from Jack Welch on buying and selling businesses. So he is kinda Jack Welch for Danaher.
GEs problems started when Jack Welch left. Danahers may start soon too after their "Jack Welch" has left.
I dont see how he has the experience or ability to turn around an ailing company!!
Hence I guess...and he has accepted
... he is only going to execute the strategies made in John Flannery's era. Dont expect too much from him!!