GE’s Fall Has Been Accelerated by Two Problems. Most Other Big Companies Face Them, Too.
Harvard Business Review
JUNE 29, 2018
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.
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