In some measure, they all:
- Explore new ways to build on their people’s talents and skills. Example: GE Capital grew because of the financial insights of executives in GE’s appliance-making divisions.
- Shed activities that pull them away from core competencies. Example: CitiGroup sold its insurance activities to MetLife.
- Monitor some extremely simple metrics. Example: profit per employee, which can serve as a barometer for overall corporate health.