Immelt: Listing 45 risk factors means a company effectively has none
Jeff Immelt · #116 Jeff Immelt: Leadership In A Crisis · Jul 27, 2021 · at 20:00
Former General Electric CEO Jeff Immelt discusses enterprise risk management and corporate disclosures with Shane Parrish.
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“If you pick up a, an annual report for any company or a 10 K or 10 Q, they'll have 45 risk factors, right? If you have 45 risk factors, you really have none. I would much rather see a company list. Here are the three biggest risk factors and make the CEO, not the auditing firm, not the CFO, make the CEO right A letter to investors around those three risk factors.”
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