Recommended Reading - GE executive: Reorg will simplify conglomerate

Stephen Singer wrote a story that appeared in Business Week that examined the recent organizational changes at General Electric GE (NYSE).  GE announced recently it would reduce the company into four businesses from six as a way to ultimately increase efficiency and improve shareholder value. The gist of the article focused on the explanations given by John Rice, GE's vice chairman and president of the newly created GE Technology Infrastructure unit about the purposes behind the latest reorganization.  Rice, a star at GE, is being touted by some as a possible successor at some point to current CEO, Jeffrey Immelt.  Immelt has found himself under increasing pressure from shareholders (see earlier blog).  

Check out the Business Week story for a sense of Rice's talent.