General Electric

1. General Electric By: Anthony Lasee, Brian Moy, Jason Walsh, Marcus Yabuta

2. Introduction Picture URL: http://www.listphile.com/Fortune_500_Logos/General_Electric

3. Second Largest transnational Company in the world. • Founded in 1892 • Edison General Electric + Thomson-Huston = General Electric • Plants are located in 160 different countries • Headquarter located in Fairfield, Connecticut General Electric (GE)

4. Combination of many areas • Energy • Technology • NBC Universal • Capital Finance • Home & Business Solutions GE’s type of businesses

5. Over 304,000 employees worldwide • During 2010: • GE had $150,211 billion dollars in sales • Profit of $12,179 billion dollars • Total Assets of $758,824 billion dollars GE’s Facts

6. GE’s culture is what makes the company an example for all other businesses. • GE supports great diversity in the workforce. • Great work environment for every employee. • Balance of work and life of the employees. • Another important thing that creates GE’s culture is the volunteering. • GE employees volunteer over 1 million hours of community service every year Culture

7. General Electronic does not have a mission statement • Set of values/directions that the company follows: • Imagine • Solve • Build • Lead. Mission Statement

8. Strength • Weakness • Opportunity • Threats SWOT

9. Alliances that they have which brings more customers and investors interested in the company’s success • Those alliances include the internal diversified businesses that facilitate their operations • Quality of services and products they offered • GE being such a large company, it boosts they reputation, leading to more profit and market share. • GE’s investment for experienced employees • GE is sitting very well economically • Strong research and development department • Competitor are threatened by GE. • Very diverse company culturally Strength

10. Cut of employment by 10% through the last 2 years. • During 2009, was fined for $50million for breaching account rules in two different cases, misinforming investors into thinking GE would meet earnings expectations. • GE is not doing so well in some Asians countries like they are in the rest of the world. Weakness

11. Have greater social responsibilities. • GE has a fast growing market in India, China, Argentina and Brazil • Exploring the natural and renewable resources to go green Opportunities

12. New competitors • Price war • Constant currency fluctuation around the world • Pollution control Threats

13. Born: February 19, 1956 • Chairman and CEO of GE Since 2000 to replace Jack Welch • He was the head of GE Healthcare Jeff R. Immelt (CEO) Picture URL: http://www.jimonlight.com/2009/07/24/why-did- you-do-that-general-electric-and-jeff-immelt/

14. Charlene Begley • President & CEO, GE Home & Business Solutions Senior Vice President and Chief Information Officer, GE Picture URL: http://www.uvm.edu/business/?Page=alums/careers.php&SM=alummenu.html

15. Chart URL: http://www.ge.com/pdf/company/ge_organization_chart.pdf

18. Decentralization • Ralph J. Cordiner • General Manager’s Responsibility • Efficiency In Productivity • Flexibility • Easier To Manage With Rapid Growth Centralization & Decentralization • Ralph J. Cordiner Picture URL: http://money.cnn.com/galleries/2011/news/companies/1102/gallery.immelt_ge_ceos.fortune/2.html

19. Leader • 25,000 EV by 2015 • Cloud Computing • Iphone/Ipad • Develops new technology • Nanotechnology • Dual Battery Electric Bus Technology Usesand Adoption Picture URL: http://www.ibtimes.com/articles/90434/20101209/.htm

20. Supervisory Information System • Used For Fast And Secure Communication • Reduce Power Production Cost • Improve Hardware Efficiency • Secure Connections Strategic Information Systems (SIS)

21. Doing Business in China • Relief Efforts • Olympics • Free Trade • 15% of world GDP dependent on international trade • Lobby for Free trade and opening markets Strategic Planning

22. Healthcare • $3 billion by 2015 • Healthymagination • Energy • Develop renewable energy sources • Biofuels/nuclear energy • Climate • Ecomagination • Policy Engagement • Internal Action Strategic planning cont.

23. Energy • Wind turbine contract • 258 turbines • 2 years • $500 million • China  • Olympics • 400 infrastructure projects • Water filtration • Solar powered lighting Tactical Planning

24. Concentrations: • Customers • Investors • GE employment GE Site

25. Moore’s Law Conclusion

26. http://ask.alibaba.com/Q/801430147-What-is-meant-by-decentralized-system.htmlhttp://ask.alibaba.com/Q/801430147-What-is-meant-by-decentralized-system.html • http://www.ge.com/company/history/bios/ralph_cordiner.html • http://st-www.ge-energy.com/prod_serv/products/oc/en/downloads/14528B_Optimal_Control_Software.pdf • http://www.ge.com/news/our_viewpoints/index.html • http://blogs.forbes.com/joannmuller/2010/11/11/this-is-how-change-happens-ge-to-buy-12000-chevy-volts/ • http://www.businessweek.com/ap/financialnews/D9JUHKB80.htm • http://news.cnet.com/8301-11128_3-20028531-54.html • http://www.gereports.com/dual-battery-breakthrough-eyes-electric-bus-truck-fleets/ • http://www.apple.com/ipad/business/profiles/ge/ • http://www.theofficialboard.com/org-chart/general-electric • http://www.ge.com/company/leadership/bios_exec/charlene_begley.html Citations

27. http://www.ge.com/company/culture/working_environment.html • http://www.ge.com/company/culture/volunteerism/index.html • http://www.ge.com/products_services/index.html • http://www.ge.com/company/culture/people.html • http://www.ge.com/company/history/index.html • http://www.ge.com/company/culture/index.html • http://www.forbes.com/lists/2010/18/global-2000-10_The-Global-2000_Rank.html • http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=GE • http://www.ge.com/ar2003/chairman/letter_5_fla.jsp • http://www.ge.com/pdf/company/ge_organization_chart.pdf • http://www.ge.com/company/factsheets/corporate.html Citations Cont.