Why Jeffrey Immelt Focused on GE's Core Competencies

The transcript discusses the strategic reshaping of GE by selling non-core businesses like GE Appliances and NBC Universal. The focus was on reallocating capital to core areas like energy and aviation. The decision to sell NBC Universal was influenced by industry changes and the need for digital delivery. The theme park business was highlighted as a missed opportunity due to its sustainable competitive advantage.

What was the primary reason for reshaping the conglomerate according to the speaker?

• To expand into new industries

• To reduce operational costs

• To focus on core competencies

• To increase the number of employees

Why did the speaker decide to sell GE Appliances?

• The appliance business was not profitable

• The company wanted to focus on the aviation business

• The company was not prepared to invest in global expansion

• The brand was not well-loved by the speaker

What was the speaker's added value to NBC Universal?

• Improving the quality of shows

• Expanding the theme park business

• Reducing operational costs

• Increasing the number of TV channels

What strategic belief led to the sale of NBC Universal?

• The need to own both content and distribution

• The desire to focus on digital delivery

• The lack of profitability in the media industry

• The need to reduce the number of employees

What was the speaker's realization about the theme park business?

• It was not a profitable venture

• It required minimal capital investment

• It was easy to manage

• It had a sustainable competitive advantage