General Electric cut its dividend in half and is restructuring to focus primarily on three units. Industrial analyst Brian Langenberg said on CNBC’s Squawk Box – To really turn this company around operationally and culturally, it’s going to take CEO John Flannery — if he does it right — five years.”
For years the company overpaid for acquisitions and crippled its cash flow.
GE’s market value is down to one third of its peak in 2000.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.