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The Boston Globe has a piece about the decision by General Electric to move its headquarters from Fairfield, Connecticut, to Boston, and how CEO CEO Jeffrey Immelt explains it in the company's annual report to shareholders.

Among the goals that Immelt points to in his shareholder letter is the desire to embark on a "simplification journey" that reflects a reduced importance of headquarters, with reduced corporate costs and heightened focus on the company's various (and increasingly integrated) businesses. And Immelt tells the Globe that in moving to Boston, the company plans to take advantage of the area's vibrant tech scene and robust educational environment.

But the line that stands out is when Immelt says that "we must be in the world of ideas, so that we remain contemporary and paranoid."
KC's View:
Contemporary and paranoid. Sounds like pretty good marching orders for any 21st century organization.