Tag Archives | General Electric

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Unilever focuses on long-term investors

Its now 18 months since Jack Welch publicly abandoned his views on the importance of shareholder value, and said it was “a dumb idea for executives to focus so heavily on quarterly profits and share price gains“. This was very significant, as Welch was generally credited with popularising the idea in a 1981 speech, when […]

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BASF’s Hambrecht hits at China’s business policies

The business climate for Western firms in China is getting worse. 2 weeks ago, the CEO of General Electric, Jeffrey Immelt, caused a stir when he told a private dinner that “I really worry about China. I am not sure that in the end they want any of us to win, or any of us […]

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General Electric’s CEO hits at China, Obama

When things are going well, potential problem areas get brushed under the carpet. Its only when the economy gets difficult, that tensions surface. Comments by General Electric CEO, Jeffrey Immelt, reported today by the Financial Times, are therefore a worrying sign of the uncertainty at the top of leading global businesses about the economic outlook. […]

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