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A.Priyanka,
130101ECR018
General Electric
Imagination at Work
About :
General Electric Company, or GE, is an
American multinational conglomerate corporation
incorporated in Schenectady, New York and
headquartered in Fairfield, Connecticut, United
States. The company operates through four
segments: Energy, Technology Infrastructure,
Capital Finance and Consumer & Industrial. Headed
by Chairman & CEO, Jeffrey Immelt, GE is a $42.8
billion conglomerate traded at NYSE, Dow Jones
and S&P 500.
Head Quarters
Founders :
In 1876, Thomas Alva Edison opened a laboratory in Menlo
Park, New Jersey and out of that laboratory, he invented one
of the greatest and useful inventions ever, the incandescent
electric lamp.
In 1878, Thomas Edison founded the Edison General Electric
Company.
By 1890, Edison established the Edison General Electric
Company by bringing his various businesses together.
Thomas Alva Edition
During that period, a competitor emerged. The Thomson-
Houston Company became a dominant electrical innovation
company through a series of mergers led by Charles A.
Coffin, a former shoe manufacturer from Lynn,
Massachusetts.
As both businesses expanded, it had become increasingly
difficult for either company to produce complete electrical
installations relying solely on their own patents and
technologies.
In 1892, the two companies combined. They called the new
organization the “General Electric Company”.
Founders :
Jeffrey is the President and CEO at GE in2011.
Mr. Immelt has held several global leadership positions since
coming to GE in 1982, including roles in GE's Plastics,
Appliance, and Healthcare businesses.
He has been named one of the "World's Best CEOs" three
times by Barron's, and since he began serving as chief
executive officer, GE has been named "America's Most
Admired Company"
Chief Executive Officer :
Jeffrey R. Immelt
 Governance and Compliance
 Environment health and Safety
 Education
 Community Development
Objectives of the company
GE Company Goal
 GE set the goal for becoming number one or number two in every market
it serves.
• The original version of General Electric’s circular logo and trademark
is composed by David Lucas. The trademark application was filed on
July 24, 1899 and registered on September 18, 1900.
“We bring good things to life”
Logo and Slogan of Company :
• Jeffrey Immelt has made modification to the G.E Logo, a new
customized font(G.E Inspira) and a new slogan in 2010.
“imagination at Work”
Logo and Slogan of Company :
Organization Chart
 Appliances for Business
 Appliances for
Consumers
 Aviation
 Capital
 Consumer Electronics
 Critical Power
 Energy Management
 Healthcare
 Home Improvement
GE Products (Global)
 Housewares
 Mining
 Industrial Solutions
 Intelligent Platforms
 Lighting for Business
 Lighting for Consumers
 Personal Healthcare
 Power & Water
 Software
 Transportation
GE Products (Global)
Businesses :
GE's divisions include
 GE Aviation,
 GE Capital,
 GE Energy,
 GE Home & Business Solutions,
 GE Global Research,
 GE Health Care,
 GE Technology Infrastructure.
GE Aviation
GE Aviation, founded in 1917 is headquartered in Evendale, Ohio. GE
Aviation is among the top aircraft engine suppliers, and offers engines
for the majority of commercial aircraft. GE Aviation is part of the
General Electric. The division operated under the name of General
Electric Aircraft Engines or GEAE until September 2005. GE Aviation's
main competitors in the engine market are Rolls-Royce and Pratt &
Whitney.
GE Capital Finance
GE Capital various divisions include GE Capital Aviation Services, GE
Capital Real Estate, GE Energy Financial Services and GE Money. It
provides commercial lending and leasing, as well as a range of financial
services for healthcare, media, communications, entertainment,
consumers, real estate, and aviation to small and mid-sized companies.
GE Capital had 60,000+ employees worldwide, operating in more than
55 countries, with total assets of $600B.
GE Energy
GE Energy is headquartered in Atlanta, Georgia, United States. The
major heads of GE Energy are
GE Energy Management (Digital Energy, Industrial Solutions,
Environmental Services.)
GE Oil & Gas (Drilling Solutions, Industrial Power Generation, Refinery
& Petrochemicals, Gas Storage & Pipeline.)
GE Power & Water (Aero derivative Gas Turbines, Gas Engines, Power
Generation Services, Thermal Products, Water & Process Technologies,
Renewable Energy.)
The Revenue of GE Energy as of 2012 was $40 Bn.
GE Home & Business Solutions has three primary sub businesses :
GE Appliances
GE Intelligent Platforms (Control and Communications Systems (CCS),
Industrial software, Military and aerospace)
GE Lighting (Founded in 1911, headquartered in Nela Park, East
Cleveland, Ohio, employing 17,000 people and a revenue of $3 Bn.)
GE Home and Business
GE Global Research is the research and development division primary
facility is located in Niskayuna, New York. GE Global Research maintains
four equally significant laboratories located in
Bangalore (India), Shanghai (China), Munich (Germany), and San
Ramon (California). These labs have various Computer Scientists,
Physicist and cosmologists working on experiments.
GE Global Research
GE Healthcare is a division of GE Technology Infrastructure, which
employs more than 46,000 people worldwide and is headquartered
in Little Chalfont, Buckinghamshire, United Kingdom.GE Healthcare
currently has 7 primary business units of which 5 in US, 1 in UK & 1 in
Sweden. Its biggest R&D center is in Bangalore, India, built at a cost of
$50 million.
GE Healthcare
GE Transportation, formerly known as GE Rail, is a division of General
Electric. The organization manufactures equipment for the railroad,
marine, mining, drilling and energy generation industries. It is based
in Erie, Pennsylvania.
Evolution Series Locomotive, L250 Marine Engine, 360 AC Drive Systems, 752 DC Drilling
Motor, Wind Turbine Drive Systems, V228 Series engine, Durathon UPS are some of the
major products.
GE Transportation is an estimated $5 Bn organization.
GE Transportation
Strengths
 Global strength and recognition
 5th in Fortune 500 list, operating in
more than 160 countries
 Excellent management
 Proven leadership and business
model
 Confident investors – raising capital
 Diverse product range
Weakness
 Company size/ acquisition
restriction
 Energy Segment Underperforming,
no signs of near future recovery
 Flexibility
 Large and diverse businesses might
overstretch the company and
reduce reaction times to shifts in
targeted markets
SWOT Analysis
Threats
 Exposure to global economy
 Economy slowdown would affect
GE, since 40% of the revenue is
generated overseas
 Exposed to currency fluctuations
 More transparency and disclosure;
skeptical investors
 Constant change in technology heats
up competition
 Very diverse:- tough to be the best in
all industry
Opportunities
 Research and Development
 Immense capital allows GE to
contribute a lot to R&D for product
development and improvement
 Increased geographic growth
 Global expansion = more opportunities
(Eg. China)
 Improved customer services
SWOT Analysis
 1902 : Sets up India's first hydropower plant in Karnataka
 1969 : Set up nuclear reactors at Tarapore
 1982 : GE's CF6-50 engines power Indian Airlines and Air India
 1986 : Partnership with BHEL for Gas Turbines
 1996 : Rolls out the first “In India For India” product -LOGIQ100. the world renowned ultrasound.
 1998 : GE Capital & State Bank of India enter into o joint venture for credit cards
 2000 : Establishes GE's R&D center - John F. welch Technology Center the first to be located outside
the US
 2003 : Delivers the first engine for the LCA-Tejas
 2005 : Jet Airways orders GE-90 115 B, engines to power its 10 Boeing 777 aircraft.
 2008 : Launch of MAC A00. a battery operated low-cost ECG System .
 2010 : Establishes turbine assembly plant in Pune, a joint venture between GE Oil & Gas and Triveni
Turbine Ltd.
 2012 : Launches Asia's first electronic Intensive Care Unit.
Milestones in India
 GE India Industrial Pvt. Ltd, Gurgaon
 GE India Industrial Pvt. Ltd, New Delhi
 GE India Industrial Pvt. Ltd, Pune
 GE India Industrial Pvt. Ltd, Chakhan, Pune
 GE CAPITAL – Gurgaon
 GE ENERGY – Gurgaon
 BENTLY NEVADA INDIA – Mumbai
 GE HEALTHCARE – Bangalore
 GE JOHN F WELCH TECHNOLOGY CENTER –
Bangalore
 GE ENERGY TECHNOLOGY CENTER – Hyderabad
 GLOBAL TECHNOLOGY SOLUTIONS – Bangalore
 INDIA INNOVATION CENTER – Secunderabad
Locations in India
Income Of The Company
Taxes Of The Company
 Launched by Jack Welch in 1995
 He was chairman and CEO of General
electric between 1981 and 2001. During his
tenure at GE, the company's value rose
4000%.
 Implemented initially for 200 projects
 By 1997, statistical process control used in
6,000 GE projects, training sessions
 $320 million reported (1998) in benefits
from Six Sigma implementation
Six Sigma Methodology
JackWelch
 $320 million reported (1998) in benefits from Six
Sigma implementation
 Implementation of lean Six Sigma methodology
for manufacturing and service processes
 Originally established in U.S. by Motorola
 Goal: meet or exceed level of 3.4 defects per
million operations within any process
Six Sigma Methodology
Ecomagination
“Ecomagination is completely revolutionizing the way we collaborate with customers,
broadly expanding our product portfolio through technical and commercial
innovations, facilitating enlightened policy dialogues from Washington to Beijing,
motivating employees around the world and attracting new talent on the campuses
where we prospect for tomorrow’s GE leaders.”
-Jeffrey Immelt CEO, Lorraine Bolsinger VP Ecomagination
General Electric

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General Electric

  • 2. About : General Electric Company, or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States. The company operates through four segments: Energy, Technology Infrastructure, Capital Finance and Consumer & Industrial. Headed by Chairman & CEO, Jeffrey Immelt, GE is a $42.8 billion conglomerate traded at NYSE, Dow Jones and S&P 500. Head Quarters
  • 3. Founders : In 1876, Thomas Alva Edison opened a laboratory in Menlo Park, New Jersey and out of that laboratory, he invented one of the greatest and useful inventions ever, the incandescent electric lamp. In 1878, Thomas Edison founded the Edison General Electric Company. By 1890, Edison established the Edison General Electric Company by bringing his various businesses together. Thomas Alva Edition
  • 4. During that period, a competitor emerged. The Thomson- Houston Company became a dominant electrical innovation company through a series of mergers led by Charles A. Coffin, a former shoe manufacturer from Lynn, Massachusetts. As both businesses expanded, it had become increasingly difficult for either company to produce complete electrical installations relying solely on their own patents and technologies. In 1892, the two companies combined. They called the new organization the “General Electric Company”. Founders :
  • 5. Jeffrey is the President and CEO at GE in2011. Mr. Immelt has held several global leadership positions since coming to GE in 1982, including roles in GE's Plastics, Appliance, and Healthcare businesses. He has been named one of the "World's Best CEOs" three times by Barron's, and since he began serving as chief executive officer, GE has been named "America's Most Admired Company" Chief Executive Officer : Jeffrey R. Immelt
  • 6.  Governance and Compliance  Environment health and Safety  Education  Community Development Objectives of the company GE Company Goal  GE set the goal for becoming number one or number two in every market it serves.
  • 7. • The original version of General Electric’s circular logo and trademark is composed by David Lucas. The trademark application was filed on July 24, 1899 and registered on September 18, 1900. “We bring good things to life” Logo and Slogan of Company :
  • 8. • Jeffrey Immelt has made modification to the G.E Logo, a new customized font(G.E Inspira) and a new slogan in 2010. “imagination at Work” Logo and Slogan of Company :
  • 10.  Appliances for Business  Appliances for Consumers  Aviation  Capital  Consumer Electronics  Critical Power  Energy Management  Healthcare  Home Improvement GE Products (Global)
  • 11.  Housewares  Mining  Industrial Solutions  Intelligent Platforms  Lighting for Business  Lighting for Consumers  Personal Healthcare  Power & Water  Software  Transportation GE Products (Global)
  • 12. Businesses : GE's divisions include  GE Aviation,  GE Capital,  GE Energy,  GE Home & Business Solutions,  GE Global Research,  GE Health Care,  GE Technology Infrastructure.
  • 13. GE Aviation GE Aviation, founded in 1917 is headquartered in Evendale, Ohio. GE Aviation is among the top aircraft engine suppliers, and offers engines for the majority of commercial aircraft. GE Aviation is part of the General Electric. The division operated under the name of General Electric Aircraft Engines or GEAE until September 2005. GE Aviation's main competitors in the engine market are Rolls-Royce and Pratt & Whitney.
  • 14. GE Capital Finance GE Capital various divisions include GE Capital Aviation Services, GE Capital Real Estate, GE Energy Financial Services and GE Money. It provides commercial lending and leasing, as well as a range of financial services for healthcare, media, communications, entertainment, consumers, real estate, and aviation to small and mid-sized companies. GE Capital had 60,000+ employees worldwide, operating in more than 55 countries, with total assets of $600B.
  • 15. GE Energy GE Energy is headquartered in Atlanta, Georgia, United States. The major heads of GE Energy are GE Energy Management (Digital Energy, Industrial Solutions, Environmental Services.) GE Oil & Gas (Drilling Solutions, Industrial Power Generation, Refinery & Petrochemicals, Gas Storage & Pipeline.) GE Power & Water (Aero derivative Gas Turbines, Gas Engines, Power Generation Services, Thermal Products, Water & Process Technologies, Renewable Energy.) The Revenue of GE Energy as of 2012 was $40 Bn.
  • 16. GE Home & Business Solutions has three primary sub businesses : GE Appliances GE Intelligent Platforms (Control and Communications Systems (CCS), Industrial software, Military and aerospace) GE Lighting (Founded in 1911, headquartered in Nela Park, East Cleveland, Ohio, employing 17,000 people and a revenue of $3 Bn.) GE Home and Business
  • 17. GE Global Research is the research and development division primary facility is located in Niskayuna, New York. GE Global Research maintains four equally significant laboratories located in Bangalore (India), Shanghai (China), Munich (Germany), and San Ramon (California). These labs have various Computer Scientists, Physicist and cosmologists working on experiments. GE Global Research
  • 18. GE Healthcare is a division of GE Technology Infrastructure, which employs more than 46,000 people worldwide and is headquartered in Little Chalfont, Buckinghamshire, United Kingdom.GE Healthcare currently has 7 primary business units of which 5 in US, 1 in UK & 1 in Sweden. Its biggest R&D center is in Bangalore, India, built at a cost of $50 million. GE Healthcare
  • 19. GE Transportation, formerly known as GE Rail, is a division of General Electric. The organization manufactures equipment for the railroad, marine, mining, drilling and energy generation industries. It is based in Erie, Pennsylvania. Evolution Series Locomotive, L250 Marine Engine, 360 AC Drive Systems, 752 DC Drilling Motor, Wind Turbine Drive Systems, V228 Series engine, Durathon UPS are some of the major products. GE Transportation is an estimated $5 Bn organization. GE Transportation
  • 20.
  • 21. Strengths  Global strength and recognition  5th in Fortune 500 list, operating in more than 160 countries  Excellent management  Proven leadership and business model  Confident investors – raising capital  Diverse product range Weakness  Company size/ acquisition restriction  Energy Segment Underperforming, no signs of near future recovery  Flexibility  Large and diverse businesses might overstretch the company and reduce reaction times to shifts in targeted markets SWOT Analysis
  • 22. Threats  Exposure to global economy  Economy slowdown would affect GE, since 40% of the revenue is generated overseas  Exposed to currency fluctuations  More transparency and disclosure; skeptical investors  Constant change in technology heats up competition  Very diverse:- tough to be the best in all industry Opportunities  Research and Development  Immense capital allows GE to contribute a lot to R&D for product development and improvement  Increased geographic growth  Global expansion = more opportunities (Eg. China)  Improved customer services SWOT Analysis
  • 23.  1902 : Sets up India's first hydropower plant in Karnataka  1969 : Set up nuclear reactors at Tarapore  1982 : GE's CF6-50 engines power Indian Airlines and Air India  1986 : Partnership with BHEL for Gas Turbines  1996 : Rolls out the first “In India For India” product -LOGIQ100. the world renowned ultrasound.  1998 : GE Capital & State Bank of India enter into o joint venture for credit cards  2000 : Establishes GE's R&D center - John F. welch Technology Center the first to be located outside the US  2003 : Delivers the first engine for the LCA-Tejas  2005 : Jet Airways orders GE-90 115 B, engines to power its 10 Boeing 777 aircraft.  2008 : Launch of MAC A00. a battery operated low-cost ECG System .  2010 : Establishes turbine assembly plant in Pune, a joint venture between GE Oil & Gas and Triveni Turbine Ltd.  2012 : Launches Asia's first electronic Intensive Care Unit. Milestones in India
  • 24.  GE India Industrial Pvt. Ltd, Gurgaon  GE India Industrial Pvt. Ltd, New Delhi  GE India Industrial Pvt. Ltd, Pune  GE India Industrial Pvt. Ltd, Chakhan, Pune  GE CAPITAL – Gurgaon  GE ENERGY – Gurgaon  BENTLY NEVADA INDIA – Mumbai  GE HEALTHCARE – Bangalore  GE JOHN F WELCH TECHNOLOGY CENTER – Bangalore  GE ENERGY TECHNOLOGY CENTER – Hyderabad  GLOBAL TECHNOLOGY SOLUTIONS – Bangalore  INDIA INNOVATION CENTER – Secunderabad Locations in India
  • 25. Income Of The Company
  • 26. Taxes Of The Company
  • 27.  Launched by Jack Welch in 1995  He was chairman and CEO of General electric between 1981 and 2001. During his tenure at GE, the company's value rose 4000%.  Implemented initially for 200 projects  By 1997, statistical process control used in 6,000 GE projects, training sessions  $320 million reported (1998) in benefits from Six Sigma implementation Six Sigma Methodology JackWelch
  • 28.  $320 million reported (1998) in benefits from Six Sigma implementation  Implementation of lean Six Sigma methodology for manufacturing and service processes  Originally established in U.S. by Motorola  Goal: meet or exceed level of 3.4 defects per million operations within any process Six Sigma Methodology
  • 29. Ecomagination “Ecomagination is completely revolutionizing the way we collaborate with customers, broadly expanding our product portfolio through technical and commercial innovations, facilitating enlightened policy dialogues from Washington to Beijing, motivating employees around the world and attracting new talent on the campuses where we prospect for tomorrow’s GE leaders.” -Jeffrey Immelt CEO, Lorraine Bolsinger VP Ecomagination