The numbers tell the story. 95 percent the world’s population lives outside the United States. The rapidly growing emerging markets will account for half of the world’s GDP within the next three years.
In 2011, 60 percent of GE’s sales were outside the U.S, representing a three-fold increase in exports over the last 10 years. In order to compete, GE must grow both in the U.S. and globally. It’s the only way.
The fact is, when we are able to compete by doing things well all around the globe, we create jobs and value here in the United States and all over the world.
We hope you take a moment to hear from our Vice Chair and President and CEO of Global Growth and Operations, John Rice, in the video below.
Karan Bhatia is Vice President and Senior Counsel for GE Global Government Affairs & Policy.
The post Karan Bhatia: GE Must Grow Globally Too, To Compete appeared first on GE Reports.