Comments on: Reverse Innovation hits Harvard’s most influential list http://www.gereports.com/reverse-innovation-hits-harvards-most-influential-list/ Your source for what's happening at GE. Wed, 08 Feb 2012 20:52:17 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Mukund http://www.gereports.com/reverse-innovation-hits-harvards-most-influential-list/comment-page-1/#comment-32165 Mukund Tue, 02 Mar 2010 17:09:07 +0000 http://www.gereports.com/?p=4971#comment-32165 For all the money GE spends on research they can rather support some business men who can help in developing these technology at a far cheaper price with better outcome of these investments. Look at bloom energy with a $400MM investments it is going to create a $30BN revenue company in 10years. Better Novartis who have started funding VC where 2 of their companies have been listed in WEF as pioneers.This company GE is being run by a bunch of Bureacrats who help some cronies to prosper at the expense of real hardworking people who get fired since they can't play their politics. For all the money GE spends on research they can rather support some business men who can help in developing these technology at a far cheaper price with better outcome of these investments. Look at bloom energy with a $400MM investments it is going to create a $30BN revenue company in 10years. Better Novartis who have started funding VC where 2 of their companies have been listed in WEF as pioneers.This company GE is being run by a bunch of Bureacrats who help some cronies to prosper at the expense of real hardworking people who get fired since they can’t play their politics.

]]> By: david foster http://www.gereports.com/reverse-innovation-hits-harvards-most-influential-list/comment-page-1/#comment-28865 david foster Thu, 14 Jan 2010 23:27:07 +0000 http://www.gereports.com/?p=4971#comment-28865 "Rather than follow the historical route of developing high-end products and adapting them for emerging markets" One comment and one question.. 1)This may not be all that new. When Henry Ford introduced the Model T, he was aiming for a mass-market product rather than the high-end kind of products that other car companies had been focusing on previously. Yeah, this is an income-level segmentation in a single geography rather than a combined geographic and income-level segmentation, but the concept is kind of similar. 2)How do the activities in Bangalore relate to the regular business units? Are the people working on the grass-powered locomotives part of Transportation, or matrixed in to it, or pretty much independent? Same question for the super-compact medical devices and GE Healthcare. “Rather than follow the historical route of developing high-end products and adapting them for emerging markets”

One comment and one question..

1)This may not be all that new. When Henry Ford introduced the Model T, he was aiming for a mass-market product rather than the high-end kind of products that other car companies had been focusing on previously. Yeah, this is an income-level segmentation in a single geography rather than a combined geographic and income-level segmentation, but the concept is kind of similar.

2)How do the activities in Bangalore relate to the regular business units? Are the people working on the grass-powered locomotives part of Transportation, or matrixed in to it, or pretty much independent? Same question for the super-compact medical devices and GE Healthcare.

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