Nardelli Says GE's Power Business Is a Great Business

The transcript discusses the challenges faced by GE's power division, including cost cuts and strategic decisions. It explores the viability of the power business, GE's strategic decisions, and their impacts. Leadership and management strategies are analyzed, focusing on cash flow and decision-making. The business structure of GE is examined, considering potential changes and the future direction under Larry Culp's leadership.

What challenges does the new CEO Larry Culp face in the power business?

What aggressive measures does GE need to take in the power business?

How did the acquisition of Alstom impact GE's commitments in Europe?

What was the revenue growth experienced in the power business from 1995 to 2000?

What are the implications of splitting the power business into three parts?

What factors contribute to the oxidation problem on the turbine blades?

What strategies should GE implement to improve its cash flow and business health?