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...
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...
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...
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