GE CEO Explains Why They're Moving Into Software

The transcript discusses GE's transition from manufacturing to a focus on software and digital services, driven by the integration of sensors and data in jet engines. It highlights the cultural adaptation required to merge industrial and digital thinking, emphasizing the need for speed and innovation akin to Silicon Valley. The future vision for GE is to become a deeper, not broader, company with a strong industrial core and significant software capabilities. The role of healthcare and research is also explored, with a focus on the GE store concept. Leadership and management strategies are evolving to balance depth and breadth, requiring more technical expertise.

In what ways does the speaker believe analytics and additive manufacturing will transform the supply chain?

What is the significance of having a combination of depth and breadth in leadership according to the speaker?