article thumbnail

GE’s Fall Has Been Accelerated by Two Problems. Most Other Big Companies Face Them, Too.

Harvard Business Review

Along with a surprise halving of the dividend, Flannery announced a review of the portfolio that would see the divestitures of numerous historic GE businesses, which ended up including light bulbs, appliances, and locomotive engines. That is one reason why so many acquisitions are abysmal failures: They are distracting Hail Mary attempts.

TSR 9
article thumbnail

Overcome Your Biases and Build a Great Team

Harvard Business Review

in January 1968 as a young 22-year old with $8 in his pocket and an undergraduate degree in mechanical engineering from IIT Bombay. or a European company, a top Korean manager in a Korean company—they can assist a person of diverse background help gain insight into the culture of the organization and serve as a wise counsel.

Team 12