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 were the core competencies that the speaker aimed to focus on in their business?

Why did the speaker decide to sell GE appliances?

What was the speaker's perspective on the NBC Universal acquisition?

How did the speaker view the theme park business in terms of competitive advantage?

What lesson did the speaker learn from their experience with the theme park business?