GE Failing on Expectations

With their industrial business growing at just 5%, how can they call it solid?” Yes, the need of the hour really is in focusing on high-return businesses and selling off the non-profi table and overambitious ones (like NBC). It makes no logic to sell-off chunks of productive business (financial services and infrastructure) and then enter highly capital-intensive industries. And the focus should really be on investing in R&D and increasing manpower for their financial services. GE is clearly failing on expectations. The call is urgent, lest we have another giant (read Vodafone) ready, which can pride itself only on ‘size’ with billions in brilliant losses, year- after- year!

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Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri

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