Content from our Premium Partner

GE Africa (Lagos)

What Globalization Means Today

In a commencement speech he gave at New York University's Stern School of Business back in May, Jeffrey R. Immelt, chairman and CEO of GE, spoke about How to Run a Global Firm at a Time of Anger about Globalization. Still on the topic of globalization, Immelt, in a recent essay published in TIME Magazine, describes how globalization has changed and why global engagement is an economic opportunity for the U.S. and the world. Read an excerpt. More about GE in Africa in this BRIEFING

"...Many people around the world are angry about globalization and companies and governments are both to blame for it. But now is not the time to turn inward as a result... You are entering a volatile global economy, the most uncertain I have ever seen. This is a world that needs better leaders, with new skill sets. The playbook from the past won’t cut it today. My advice for you as you enter this world is to be flexible, be bold, and don’t fear criticism. Today, I want to discuss how these lessons can be used to navigate the seismic transformation underway in globalization" - GE Chairman & CEO Jeffrey R. Immelt commencement address to graduates of NYU’s Stern School of Business on May 20 2016.


AllAfrica publishes around 900 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.