Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 13.05.2020
Length: 4 pages
Data source: Published sources
Abstract
This case contrasts GE with Haier. GE was a pioneer of platforms and services from the 1980s onwards. Yet in 2011 when it turned to leverage the digital age through developing a platform called Predix, it did not succeed. In contrast, the case looks at Haier, which grew from a single refrigerator factory to a global white goods and electronics company which has successfully leveraged digital transformation and has used platforms to develop into a strong ecosystem player, actually buying GE's applicance business.
Time period
The events covered by this case took place in 1980 to 2020.Geographical setting
Region:
World/global
Featured companies
General Electric
Haier
About
Abstract
This case contrasts GE with Haier. GE was a pioneer of platforms and services from the 1980s onwards. Yet in 2011 when it turned to leverage the digital age through developing a platform called Predix, it did not succeed. In contrast, the case looks at Haier, which grew from a single refrigerator factory to a global white goods and electronics company which has successfully leveraged digital transformation and has used platforms to develop into a strong ecosystem player, actually buying GE's applicance business.
Settings
Time period
The events covered by this case took place in 1980 to 2020.Geographical setting
Region:
World/global
Featured companies
General Electric
Haier