IHT: As sales for U.S. firms like GE go abroad, so do managers

As sales for U.S. firms like GE go abroad, so do managers
As soon as Jeffrey Immelt, General Electric's chairman, became chief executive in 2001, his foreign-based managers began pressing him to move some major operations overseas.
"They'd say, 'GE will never be really global until you do,' " Immelt recalled. For years, his reaction was, "That's really stupid; no need to do that." But his managers kept up the pressure, and Immelt figured that "with so much smoke, there must be a fire."
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GE goes global, at last
If you’re interested in globalization, you can hardly ignore the experiences of General Electric. Claudia Deutsch has written a fascinating article about the giant company’s journey from skepticism, to facing up to globalization’s challenges, to becoming a truly global business....