In hind sight, yes. While aiming to be at the top 1 - 2 of the stack is always a nice thing to do. Shutting down established revenue streams to achieve it is e

In hind sight, yes. While aiming to be at the top 1 - 2 of the stack is always a nice thing to do. Shutting down established revenue streams to achieve it is equally bad. In many ways it is also lazy. If you won't work on a business to make it the top 1 - 2, you just shut it down. That says better people need to be CEO, especially for a conglomerate like GE. You are supposed to make money by expanding existing businesses, not by tuning the knobs and dials of the existing ones.