Schrempp has frequently cited GE, and its focus on high financial returns, as an example for Daimler-Benz to follow.

The adoption of portfolio management marks a much more direct form of management, with fewer layers and a more hands-on relationship between head office and business units.

It would acknowledge that the notion of an integrated technology concern

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First Published: Aug 30 1996 | 12:00 AM IST

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