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© 2011 General Electric Company
Leadership & Growth
A presentation to Ondernemersplatform VKW

                “A company’s success is based on three principles:
                Talent, Governance and Innovation.

                At GE, we are continuously perfecting this principle at
                every echelon of our operations.”


                Roland E. Teixeira de Mattos
                Country Executive & Growth Leader, Benelux
Key statistics
•   About 300,000 employees   •   Only current DJIA company in
    worldwide                     original index

•   Operating in more than    •   Rated AA+ with stable outlook by S&P
    150 global locations




                                                                         3
                                                                  May 2012
GE around the world
                             Europe
                             $29B

  U.S.
  $70B                                                            Asia Pacific
                                                                       $23B

 Canada &            Middle East,
 The Americas        Africa & Others
                     $12.0B
 $13B

                2011 revenues total $147 billion
                with about 300,000 employees.
                1   Includes U.S. exports to external customers                      4
                2   Includes $~5B from “Other Global” areas                   May 2012
Building competitive advantage

          Powering      Moving         Curing          Building



                     For over 130 years



  Superior       Margin     Smart capital       Leadership        Services and
 technology     expansion    allocation          in growth          customer
                                                  markets         relationships


                                                                                   5
                                                                       February 2012
Our Leadership Philosophy


© 2011 General Electric Company
There’s no such thing as a 130-year plan.
At GE, leaders inspire others to be
their best.

This is the foundation of our commitment to leadership
development. We invest so much in our leaders because
they make the people around them better.


And together,
Our culture drives our longevity.
Our leaders drive our culture.
By leading at all levels, we work as one.




 We build relationships   We learn by doing because    We prove ourselves
 and share knowledge       there is no better way     before we lead others
Leaders connect people with the
processes that keep us all rising together.


We set clear goals and define how we want them to be accomplished.




We’re committed to developing leaders across the organization.




Our processes help drive results and build on experience.
Improving performance drives us all.

Every year goals and objectives are set for each individual, and
their performance is measured against them.
Our G&O system ensures individual and organization goals are
aligned and enables feedback throughout the year.

                        “Performance standards
   Jeff Immelt           are about simplicity
       CEO Blog, 2011    and accountability.”
Our Growth Values show us how
to perform.




 External Focus   Clear Thinker   Imagination   Inclusiveness   Expertise
                                   & Courage


They are embedded at every level of the company and
are supported by one unifying principle: always act with
unyielding integrity.
At GE, leaders learn by doing.




80                 %
                                  Learning platforms help
                                  build on experience:
                                   Crotonville Leadership
                                   functional skills
happens on the job:                business knowledge

 challenging job assignments
 stretch opportunities
 visibility and accountability
                                  20        %

 candid assessment and feedback
Leadership Programs target emerging
talent and develop our future leaders.




     OMLP             FMP         EEDP            ITLP             HRLP


      100+                        1/3                     3000+
      years                  of our most senior
                             leaders graduated
                                                         on program today
  some programs have         from a Leadership
existed for over a century        Program
Accelerator programs help experienced
leaders prepare for emerging challenges.


                         Corporate
                        Leadership
                              Staff
                                                  Corporate Audit Staff

  Sales and marketing   Business leadership and   Controllership, compliance
  leadership program    industry domain program    and operations program
Crotonville is where GE leaders come
together to learn from each other.




At Crotonville we inspire, connect and develop the GE
leaders of today and tomorrow.
Crotonville establishes our leadership
curriculum and is the heart of GE culture.

   1956                      1000+                              90%
  first corporate                 customers             of our senior leaders have
university founded                 per year             been through Crotonville



                                  5 global locations:

    Munich,          Bangalore,                 Rio,    Shanghai,    Abu Dhabi,
    Germany            India                   Brazil     China         UAE
The LIR program lets our most
experienced guide our most promising.
The Leader in Residence program allows senior GE leaders to spend
time at Crotonville to help develop the next generation of GE leaders.
The Employee Management System tracks
goals and measures performance.
It includes tools to gauge:
 Accomplishments
 Strengths
 Development Needs
 Career Interests
 Development Plan

EMS is a chance for all leaders     Current
                                               Performance
                                                             Growth
                                  Assignment                 Values
to assess and develop their
strengths and plan the future
of their career.

                                   Rating        Career &    Approve
                                  Summary      Development   Appraisal
Session C helps us put the right people in
the right places to meet our goals.
The process includes:
 EMS
 9 Block
 Succession Planning

Session C helps us develop our
leaders and track the
effectiveness of the entire
organization.
Session C is a constant and robust process.


    Functional
     Reviews

                 CEO Visits

                       Session C Wrap

                                          GE Board
                                        Compensation
                                         Committee     Teleconference
                                                         Follow Ups
                                                                          CII
                                                                        Reviews
                                                                            GE Board Review
9 Block helps ensure differentiation and
  develop talent within GE.

                   EXCEEDS    Dev.
                                                     Excellent                  Role Model
              EXPECTATIONS   Needed
Performance




              CONSISTENTLY
                     MEETS    Dev.                  Strong
              EXPECTATIONS                                                       Excellent
                             Needed               Contributor


              DEVELOPMENT
                   NEEDED
                             Unsatis-        Development Needed                Development
                             factory                                             Needed


                             DEVELOPMENT   CONSISTENTLY MEETS EXPECTATIONS   EXCEEDS EXPECTATIONS
                               NEEDED


                                                        Values
21st Century Leadership Journey
         Leadership Roundtable
         Leadership as it was and as it should be
                                                                                                    2009
    Executive Development Class
    Global input on leadership
                                                External research                                   2010
        J. Immelt Dinners                       including HBR, CLC, Conf Board
        New leadership learnings
                                                                             Internal Dialogues
                                                                             What is a 21st century leader?


                                                                                        Leader in Residence
                                                                                        Connecting established
                                                                                        and emerging leaders
    Contemporized Growth Values
                                                                                                    2011
                  Reimagining Crotonville
                Content , experience, environment

                     Global New Directions
         Harnessing the next generation’s insights

                                                                                                    2012 +
© 2011 General Electric Company

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Presentatie Roland Teixeira - VKW Zakenlunch - Leadership & Learning

  • 1. © 2011 General Electric Company
  • 2. Leadership & Growth A presentation to Ondernemersplatform VKW “A company’s success is based on three principles: Talent, Governance and Innovation. At GE, we are continuously perfecting this principle at every echelon of our operations.” Roland E. Teixeira de Mattos Country Executive & Growth Leader, Benelux
  • 3. Key statistics • About 300,000 employees • Only current DJIA company in worldwide original index • Operating in more than • Rated AA+ with stable outlook by S&P 150 global locations 3 May 2012
  • 4. GE around the world Europe $29B U.S. $70B Asia Pacific $23B Canada & Middle East, The Americas Africa & Others $12.0B $13B 2011 revenues total $147 billion with about 300,000 employees. 1 Includes U.S. exports to external customers 4 2 Includes $~5B from “Other Global” areas May 2012
  • 5. Building competitive advantage Powering Moving Curing Building For over 130 years Superior Margin Smart capital Leadership Services and technology expansion allocation in growth customer markets relationships 5 February 2012
  • 6.
  • 7. Our Leadership Philosophy © 2011 General Electric Company
  • 8. There’s no such thing as a 130-year plan.
  • 9. At GE, leaders inspire others to be their best. This is the foundation of our commitment to leadership development. We invest so much in our leaders because they make the people around them better. And together,
  • 10. Our culture drives our longevity. Our leaders drive our culture. By leading at all levels, we work as one. We build relationships We learn by doing because We prove ourselves and share knowledge there is no better way before we lead others
  • 11. Leaders connect people with the processes that keep us all rising together. We set clear goals and define how we want them to be accomplished. We’re committed to developing leaders across the organization. Our processes help drive results and build on experience.
  • 12.
  • 13. Improving performance drives us all. Every year goals and objectives are set for each individual, and their performance is measured against them. Our G&O system ensures individual and organization goals are aligned and enables feedback throughout the year. “Performance standards Jeff Immelt are about simplicity CEO Blog, 2011 and accountability.”
  • 14. Our Growth Values show us how to perform. External Focus Clear Thinker Imagination Inclusiveness Expertise & Courage They are embedded at every level of the company and are supported by one unifying principle: always act with unyielding integrity.
  • 15.
  • 16. At GE, leaders learn by doing. 80 % Learning platforms help build on experience: Crotonville Leadership functional skills happens on the job: business knowledge challenging job assignments stretch opportunities visibility and accountability 20 % candid assessment and feedback
  • 17. Leadership Programs target emerging talent and develop our future leaders. OMLP FMP EEDP ITLP HRLP 100+ 1/3 3000+ years of our most senior leaders graduated on program today some programs have from a Leadership existed for over a century Program
  • 18. Accelerator programs help experienced leaders prepare for emerging challenges. Corporate Leadership Staff Corporate Audit Staff Sales and marketing Business leadership and Controllership, compliance leadership program industry domain program and operations program
  • 19. Crotonville is where GE leaders come together to learn from each other. At Crotonville we inspire, connect and develop the GE leaders of today and tomorrow.
  • 20. Crotonville establishes our leadership curriculum and is the heart of GE culture. 1956 1000+ 90% first corporate customers of our senior leaders have university founded per year been through Crotonville 5 global locations: Munich, Bangalore, Rio, Shanghai, Abu Dhabi, Germany India Brazil China UAE
  • 21. The LIR program lets our most experienced guide our most promising. The Leader in Residence program allows senior GE leaders to spend time at Crotonville to help develop the next generation of GE leaders.
  • 22.
  • 23. The Employee Management System tracks goals and measures performance. It includes tools to gauge: Accomplishments Strengths Development Needs Career Interests Development Plan EMS is a chance for all leaders Current Performance Growth Assignment Values to assess and develop their strengths and plan the future of their career. Rating Career & Approve Summary Development Appraisal
  • 24. Session C helps us put the right people in the right places to meet our goals. The process includes: EMS 9 Block Succession Planning Session C helps us develop our leaders and track the effectiveness of the entire organization.
  • 25. Session C is a constant and robust process. Functional Reviews CEO Visits Session C Wrap GE Board Compensation Committee Teleconference Follow Ups CII Reviews GE Board Review
  • 26. 9 Block helps ensure differentiation and develop talent within GE. EXCEEDS Dev. Excellent Role Model EXPECTATIONS Needed Performance CONSISTENTLY MEETS Dev. Strong EXPECTATIONS Excellent Needed Contributor DEVELOPMENT NEEDED Unsatis- Development Needed Development factory Needed DEVELOPMENT CONSISTENTLY MEETS EXPECTATIONS EXCEEDS EXPECTATIONS NEEDED Values
  • 27.
  • 28. 21st Century Leadership Journey Leadership Roundtable Leadership as it was and as it should be 2009 Executive Development Class Global input on leadership External research 2010 J. Immelt Dinners including HBR, CLC, Conf Board New leadership learnings Internal Dialogues What is a 21st century leader? Leader in Residence Connecting established and emerging leaders Contemporized Growth Values 2011 Reimagining Crotonville Content , experience, environment Global New Directions Harnessing the next generation’s insights 2012 +
  • 29. © 2011 General Electric Company