When GE stopped lending money or financing everything they did the gravy train of printing money stopped at GE. If you look at GE competition in the power market they are still helping with financing of projects or lining up partners. GE has been doing less and less this hence the reason sales have slowed. To conclude, ratchet down sales expectations, get rid of the layers of middle management at Power and elsewhere. Get rid of almost all of GE corporate roles, they are not needed. Get a real auditor beside KPMG and listen to the new auditor recommended actions. Bring back incentive for individual contributors to help retain key resources. I would simply get rid of general managers, and middle managers and have tech leaders reporting to Vice Presidents. GE cannot afford their current overhead so trim it all. Run the company like you own it!
Bumped from @WGti7iO-vrh for making a good point.