Siemens Aims to Shed 75% of Energy Unit

The video discusses Siemens' strategic shift under CEO Kaiser, focusing on reducing its conglomerate structure to avoid the challenges faced by companies like GE and ABB. Siemens has historically alternated between diversification and focusing on core businesses. Currently, the company is shedding non-core assets to maintain a nimble operation and control its destiny, aiming to avoid activist investor pressures.

In what way does the speaker describe Siemens' historical business strategy?

What concerns does the speaker express about becoming a conglomerate like GE?