General Electric Company (GE)

[benfrankledger]

General Electric's relatively new CEO John Flannery seeks to reposition the company around three main pillars: Aviation, power and health-care. Such a move was not surprising, and yet it shows that management has learned from past mistakes: Empire-building and being active in too many fields has made General Electric too complicated, too bureaucratic and too inefficient -- cutting down the behemoth to a size that is better manageable (and focusing on the most attractive markets whilst doing so) is an opportune strategy.