DISCUSSION QUESTION: As U.S. industrial, consumer, and service companies continue to grow through mergers and acquisitions activities, they find themselves with excess capacity, reduce capabilities and outdated technologies that do not align with the enterprise's overall business strategy. In an appearance on the Charlie Rose Show, GE chairman and CEO Jeffrey Imelt said, "it's our belief that every industrial company in the coming age is also going to be a software and analytics company." He went on to say that anyone who denied that "digitization is going to impact every corner of the economy "would get left behind.
QUESTION: What is the implication of this statement by Mr. Imelt? How must a large market structure company requisite new capabilities to approach new digital technologies?
DISCUSSION QUESTION: As U.S. industrial, consumer, and service companies continue to grow through mergers and acquisitions activities, they find themselves with excess capacity, reduce capabilities and outdated technologies that do not align with the enterprise's overall business strategy. In an appearance on the Charlie Rose Show, GE chairman and CEO Jeffrey Imelt said, "it's our belief that every industrial company in the coming age is also going to be a software and analytics company." He went on to say that anyone who denied that "digitization is going to impact every corner of the economy "would get left behind.
QUESTION: What is the implication of this statement by Mr. Imelt? How must a large market structure company requisite new capabilities to approach new digital technologies?
