The empire, long divided, must unite; long united, must divide. Thus it has ever been
@josephcheng59492 жыл бұрын
Three Kingdoms
@josephcheng59492 жыл бұрын
Not the same in Asia. Conglomerates work because there are a lot of inefficiencies in the market & government. To get from A to Z, titans of industry build B and everything in between to secure their value chain.
@tomlxyz2 жыл бұрын
What inefficiencies in the market? So multiple competing companies can't figure it out but if one does it on their own it works?
@Mashburn0072 жыл бұрын
@@tomlxyz what ?
@thevinceberry2 жыл бұрын
They are also family own so they can stick with the original plan instead of cave into external investor pressure.
@undr_guv_surv2 жыл бұрын
@@tomlxyz unreliable cheapest competitors going out of business constantly in china. A huge majority of Chinese businesses fail or barely survive
@khan-cricket2 жыл бұрын
@@tomlxyz If the market is ideal and well regulated only. In Asia Conglomerates may secure its connections and business in the area
@dwigzo152 жыл бұрын
Johnson & Johnson is splitting into two companies: Johnson and Johnson
@enriquemercedes95192 жыл бұрын
They are going to break up the firms yet still own the subsidiaries however if a subsidiary is not doing well because of a lawsuit or too much debt then the parent company can separate themselves from that subsidiary and protect the parents’ accounting books.
@mayap16132 жыл бұрын
Big tobacco did it - e.g. Philip Morris and Altria
@unlockwithjsr2 жыл бұрын
J&J keeps on doing it to escape lawsuits, very sneaky
@gw71202 жыл бұрын
They do this in food industry all the time , its not a uncommon practice.
@skak30002 жыл бұрын
The monopol/duopol of The Internet: - Microsoft (Windows, Office, Xbox, Games, Bing, Cloud, server solutions) - Google (Search, Ads, Android, Office, KZbin) - AMD (CPU, GPU) - Nvidia (GPU) - Intel (CPU) - Adobe (Photo/Video editing software) This companys basic rules the Internet. they have either monopol or duopol in there area.
@Pqndchannel2 жыл бұрын
What about Amazon with its web services.
@rd91022 жыл бұрын
GE was run into the ground by Jeff Immelt over many years and his successors who were left a shell of the former company have been unable to make things improve fast enough, so now all of Jack Welch's work is being undone. I like how you gloss over how badly Jeff Immelt ran the company and how much value he destroyed during his "leadership", he is a true study in shareholder value destruction. GE didn't happen over night, it took YEARS.
@CHMichael2 жыл бұрын
There is too much upside and not enough punishment when failing. Clause : of you get fired because of incompetence, pay back everything you have received. ( not a giant golden parachute)
@franco5212 жыл бұрын
So will J&J and GE become *holding companies* and hold majority stakes in the public spinoff companies?
@Mr123qwa2 жыл бұрын
Existing shareholder will get new share from spinoff companies.
@MrWongnawa2 жыл бұрын
GE has fallen so far in the past 20 years. The home appliance GE is not even theirs anymore. They could have been like LG making batteries for EV, high end LED panels or even making processor chips like Samsung if they had not diversified this much.
@JigilJigil2 жыл бұрын
That's true, I always ask the same questions, why GE in not getting involve in battery, semicondcutor/LED businesses.
@aviefern2 жыл бұрын
Companies like LG and Samsung have an unfair advantage in this regard as their businesses are protected by the South Korean government. Samsung by itself accounts for 1/5th of South Korea's GDP. They quite literally own the country and therefore don't have to comply with rules or compete with anyone. They also don't really have to worry about shareholders and stock prices. Their only job, from the South Korean government is to get as big as possible and create as many jobs as possible. The industries you mentioned are highly specialised and capital intensive. The only companies doing it now are doing so with government support. TSMC received huge amounts of support from the Taiwan government. Chinese companies like SMIC who are competing in the space are also receiving billions from the Chinese government. The US is only starting to invest in this now by providing incentives to TSMC and Intel to manufacture semiconductors in the US. The Indian government is also putting up $10 billion to incentivise semiconductor manufacturing in India.
@Aviator5262 жыл бұрын
More like just biting off more than you can chew. Companies finally realized they couldn’t manage all these different departments.
@IKEMENOsakaman2 жыл бұрын
A couple of years ago, they wanted to have mega firms. Now, they want things smaller. Time flows in an interesting way.
@vitorhenriques96082 жыл бұрын
@@marsya2363 that's a great point of view... please continue
@Larry82ch2 жыл бұрын
It's a cycle
@shukracharya_2 жыл бұрын
Indian company vedanta is also breaking up
@donarrivas16752 жыл бұрын
Once an industry expands fast, so does the spin off to catch up with the market demand. However, In reverse, once an industry is in contraction, it'll change to corporates merging or consolidation, as an example of defense industry where business has more and more builds into the national secrets to pressure the military market tinier each year and sustained only by the government budget handouts, and it eventually hits the low ceiling of growth. These days, investors begin to drop out some defense sectors to go after high growth of consumer market and.or services. It's a reason of why the defense budget is heading toward trillion dollar annual spending to reflect the term corporate welfate (though the world is heating up with verbal and/or military intimidation, but the possible costly WW3 wouldn't happen any soon because of the unbelievable destruction of nuclear weapons and top classified sensitivity of advanced military technology. The defense industry is about hitting its low ceiling).
@CHMichael2 жыл бұрын
Amazon and Tesla are turning into conglomerates while GE is falling apart - big differences, management. Is the upper management personally invested ( not only $) in the success or is it just a job?
@Angela410R2 жыл бұрын
I completely agree. Although would you not we think that Johnson & Johnson has a lot to lose due to the fact that they may have lawsuits on their hands from all of these injections regarding covet and some deaths that have occurred with your particular shots? What do you think regarding this issue?
@carknower2 жыл бұрын
I don’t think you understand the word “conglomerates”. Tesla, Space-X, the Boring company are all separate entities. Tesla has not been going around purchasing smaller companies
@Angela410R2 жыл бұрын
@@carknower got it thanks
@auro19862 жыл бұрын
history is full of fighting over property. not just a poem i came up with
@AlgoNudger2 жыл бұрын
They do spin-off to avoid more fatal disruption on digital transformation era.
@dearmistyann37102 жыл бұрын
more important to watch is when they come together.. every business is owned by someone.. there is always someone who signs the paychecks, and there is always the last bank deposit.
@karthikshetty22062 жыл бұрын
One company you missed is philips
@GaryBickford2 жыл бұрын
This is a good sign. In a well-balanced economy, the rate of breakups should match the rate of mergers. The siren song of "economies of scale" became the object of worship, and the legal structures became very biased toward larger companies and mergers. This was of course partly due to successful lobbying and legal actions of these larger companies. So largeness for largeness sake has been the rule for several decades, in conflict with the real need for an equilibrium "ecosystem" of economic entities growing and dying at similar rates. This provides the most dynamic, competitive, efficient, and adaptive economic model.
@kl29912 жыл бұрын
Maybe reach out and cover Toshiba's splinter as well?
@mariacheebandidos71832 жыл бұрын
why not use separation instead of "breakup" it seems like an internal decision to grow and improve productivity but it is narrated here like something forced on them against their will, by some external entity
@JFCotman2 жыл бұрын
It is! The shareholders / owners / investors
@phillweely21082 жыл бұрын
Bill Gates and Fauci rub their Johnson and Johnson together
@JFCotman2 жыл бұрын
Wouldn’t be necessary if conglomerates gave their holdings true autonomy to begin with. Yes, we own you and control you. No, we we don’t micromanage you.
@ruzzelladrian9072 жыл бұрын
It's for the best.
@ludolfebner68392 жыл бұрын
Why do post these questions if you dont answer them?!
@qualityaudit2 жыл бұрын
Thank me now.
@MikeYoungeasytravel2 жыл бұрын
GE , another casualty of the disastrous Six Sigma methodology! Friends don’t let friends use Six Sigma!!!
@TheAlexsLife2 жыл бұрын
Can you explain what Six Sigma means, and it's relevance to GE? Seems interesting
@hmartim2 жыл бұрын
United Technologies not mentioned
@HB-dc8rr2 жыл бұрын
Is it me, or does the voice of the narrator sound like the text-to-voice from those TikTok videos?
@miraphycs73772 жыл бұрын
conglomerates should split up for the betterment of consumers and competition, the very pillar of capitalist competition. Someone should do it to Korea's corrupt and monopolistic conglomerate chaebols.
@DKDRFTA24 күн бұрын
Lawsuits
@JugoSder2 жыл бұрын
It’s a cyclical or in the case of J&J they may be dumping all the liability from the 38,000 people lawsuit onto a subsidiary then that subsidiary goes into bankruptcy and like a magic all responsibility disappears. And all this is legal. Whet makes you wonder what ge do that they are braking up too?
@theailateshow3682 жыл бұрын
Data is king
@msmith26542 жыл бұрын
Of course wsj failed to mention their own corporate parent news corp split its newspaper business from its tv and movie business which was sold to Disney
@shukracharya_2 жыл бұрын
newscorp is not wsj's parent company murdoch sure owns both of them
@matvei88292 жыл бұрын
really poor explanation - try writing out what expert said in the bullet points and you'll see
@mahadzirabdkarim48002 жыл бұрын
Just change their name [still there]
@pitchblack92522 жыл бұрын
Anti trust laws also are the reasons for such break up of companies.
@GowthamNatarajanAI2 жыл бұрын
No
@2012photograph2 жыл бұрын
When President Theodore Roosevelt broke up Standard Oil Rockefeller family well with break up.History tell that share holders should be rewarded when break these companies.
@TenCoJeCool2 жыл бұрын
Jesus I thought I was having a stroke reading this comment
@trollstudent2 жыл бұрын
So does that also apply to East Asia, like Korean "Chaebol" for example?
@josephcheng59492 жыл бұрын
Nope. Because in Asia there are a lot of government and market inefficiencies, so to get from A to Z, conglomerate builds B to Y as well.
@damarub37562 жыл бұрын
That's what happening with ITC in india
@peterjanka29212 жыл бұрын
Yeah!.. Heads we win... tails you lose!
@estebanperez41712 жыл бұрын
It’s time for those scums at Facebook and Amazon to break up
@nakosimpson74592 жыл бұрын
Both
@heatherhutchinson36252 жыл бұрын
"aggressive accounting" lol
@xila-man82492 жыл бұрын
They think we're idiots... They're learning from the Chinese...
@Archaeus7772 жыл бұрын
Goodbye GE and JNJ :(
@despairgaming66692 жыл бұрын
Don't tell me the sponsors for this video are j&j.
@xmarksthespot66992 жыл бұрын
just Capitalism things
@kkrsnn56322 жыл бұрын
So, one company will be called Johnson and the other Johnson 😂
@JeffersonMartinSynfluent2 жыл бұрын
Why the eighth-grader voiceover on this? Saving money?
@singularityraptor40222 жыл бұрын
0:33 Every video of this type has these dudes that overexagerate things 😂
@toolizcool2 жыл бұрын
Lol! Is there a word that's a synonym for anti-synegery?
@johnehett24992 жыл бұрын
Like black jack lawsute have made then bust now ther spliting ther cards
@livefromplanetearth2 жыл бұрын
matrix 4 coming soon
@MiticaF2 жыл бұрын
I find it hard to believe this isn’t due to regulations or some kind of tax evasion.
@godwinheriachandra31752 жыл бұрын
I thought the caricature was gandhi, ngl :')
@kingkang68772 жыл бұрын
I'd take GE health and nothing else
@michelleclark80992 жыл бұрын
‼️Real news announcement especially for WeThePeople‼️: J&J also said that they created a special department to dump the lawsuits filed against them. And will plead Bankruptcy in that special department. Hahahaha 😂
@danielconway41362 жыл бұрын
Probably the main reason they are making this move. Can't be certain about ge however it's probably a similar decision.
@michelleclark80992 жыл бұрын
@@danielconway4136 They have inside information about where WeThePeople’s wealth will next be transferred to. So they rename themselves and reset themselves and scurry to get into position for the money handouts. Over and over. The rich are confederate together as they constantly rob WeThePeople of our wealth and posterity.
@jacekicksass2 жыл бұрын
lol "aggressive accounting" a nice way of describing fraud
@avijitkabiraj21872 жыл бұрын
Enjoy comedy of Coffin on kindle....
@johnehett24992 жыл бұрын
This is just to seperate the true owner from it businesses and ther liabilaty and profet loss. thay still profit thay still have control but when an issue arises like law sute or defect. thay think that the individual companys can go bankrupt as the smaller company only allows a smaller amount of capital being lost and being acsesabule in law sute . And that the two still being controld and owend by the same entanty will still make proft on the other company when stock falls due to law sute defect or contraversy so the one how profits is the largest stock holer while.if issue arises the ceo.cfo and other pepol in higher posistions are to blame and the losses fall on them sounds like a new age ponze schem in that the stockholers own enough of the comapny to make decisions to spit the company ther assests like in a blackjack game. still haveing control and not puting ther eggs in one basket haveing the abilaty if needed to bankruptcy or alowe one side to fall if it benifits the non conected non position benefactor
@michelleclark80992 жыл бұрын
Why do the Goliaths split up? Hahahaha: 😂 Better to hide their grift from the public, my dears. They can’t hide everything using family members, you know. Lol.