G.E. becomes a general store

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Many developing countries have implemented one-stop shops to facilitated international investment. General Electric has turned the coin, launching a one-stop shop catering to developing country buyers.

For the first time, G.E. has rolled aircraft engines, rail products, water, energy, oil and gas equipment, and even some finance units, into one all-encompassing collection of businesses, aimed at helping developing countries come of age. ''One of the biggest reasons behind creating the infrastructure unit is to offer one-stop shopping to developing countries.”

The company will focus on “growth engines,” such as water and healthcare and has pledged to conjure up better ways for doing business with the developing world. Sure it’s risky, but I think Jack Welch would approve. I wonder if they will share any lessons learned with the rest of us?

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