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by Alan Hargreaves



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Entries in growth (2)

Tuesday
Jun142016

The power of simply connecting

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Why you need to get out more

About thirty years ago, my hometown, Sydney, built a monorail. It was revolutionary at the time. It connected the city to museums, an exhibition centre and a few tourist spots. Trouble was, it didn’t connect to anything else. The city’s main rail terminal was a kilometre away from the nearest stop. Nor did it venture downtown. 

Sydney is harbour city. Tourists want to go the Harbour Bridge, the Opera House and their associated ranks of bars and restaurants. They’re all at Circular Quay, where trains, buses and ferries collide in a transport hub. It was easy to get there from anywhere, except by monorail. 

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Wednesday
Apr152015

How to grow any business

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You’ve probably already got what it takes

There are several remarkable things about General Electric (GE). For a start, it’s been around for a while. Thomas Edison put it together in the late 1880s.

It was one of the first entrants in the Dow Jones Index. Out of the original members, it’s the only one still on the list. The rest have disappeared.

GE has arguably transformed itself a few times. It started making electric turbines. It developed leasing facilities for customers. That led it to finance. It’s said to have been the first business to actually own a computer. In the 1960s it had a significant computer division. It sold that business to Honeywell.

The financial crisis almost brought GE undone. Now it is exiting finance and reinvesting in manufacturing, buying industrial businesses that align with its historic strengths.

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