Compare and contrast the sensing and digital developments underway between Siemens and General Electric. Why is this effort important? Will it offer competitive advantage? Are the two company’s positions and directions supportive of competitive advantage? Are each company’s strategies compatible with the overall position of each company? What do you see as the outcome for each company, say ten years out?

Compare and contrast the sensing and digital developments underway between Siemens and General Electric. Why is this effort important? Will it offer competitive advantage? Are the two company’s positions and directions supportive of competitive advantage? Are each company’s strategies compatible with the overall position of each company? What do you see as the outcome for each company, say ten years out?

 

Solution

A company’s strategy can be braodly defined as competitive moves and business approaches employed by managers to attract