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General electric


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General electric

  1. 1. imagination at work<br />Presented By :-<br />Amandeep Sharma<br />GagandeepKaur<br />Sulagna<br />Sunny Chhatwal<br />
  2. 2. General Overview<br /><ul><li> The General Electric Company (GE) is a multinational American</li></ul> technology and services conglomerate incorporated in the<br /> state of New York<br /><ul><li> Founder: Thomas Edison
  3. 3. Business type is public
  4. 4. Chairman and CEO: Jeff Immelt
  5. 5. Vice chairman, CFO: Keith Sherin
  6. 6. Headquarters: Fairfield, Connecticut
  7. 7. Industry: Conglomerate</li></li></ul><li>General Electric Headquarters,Fairfield Connecticut<br />
  8. 8. How it started <br /><ul><li>In 1876, Thomas Edison invented </li></ul>one of the Greatest invention ever.<br /><ul><li>Incandescent Electric Lamp</li></li></ul><li>How it started <br />
  9. 9. Services<br />
  10. 10. Company Overview <br />
  11. 11. Energy Infrastructure<br />“How we manage energy today will determine<br /> the kind of world we live in Tomorrow. Whether<br /> it is solar power in rural India, wind power in Europe, or<br /> cleaner coal in the U.S., GE’s diverse portfolio of power<br /> generation products and Services is changing the way we <br /> think about power”<br />
  12. 12. Energy Infrastructure<br />Development, Implementation and Improvement of products and technologies<br /> that harness resources such as wind, oil, gas and water. <br />Operations located <br /><ul><li> North America,
  13. 13. Europe,
  14. 14. Asia,
  15. 15. South America and </li></ul>Energy serves<br /><ul><li> Power generation,
  16. 16. Industrial,
  17. 17. Government and
  18. 18. Customers worldwide </li></ul>Offers<br /><ul><li> Wind turbines
  19. 19. Solar technology</li></ul>Sells<br /><ul><li> Aircraft engine
  20. 20. Gas turbines and
  21. 21. Generators</li></li></ul><li>Technology Infrastructure<br />“15,000 GE locomotive engines on the world’s rail”<br />“Moving toward Digital Hospital”<br />
  22. 22. Technology Infrastructure<br />Operations are located in North America, Europe, Asia and South America. <br />Aviation produces, sells and provide services<br /><ul><li> Jet engines,
  23. 23. Turboprop and
  24. 24. Turbo shaft engines and
  25. 25. Related replacement parts for military and commercial aircraft.</li></ul>Healthcare manufactures and provide services<br /><ul><li> Medical equipment
  26. 26. Diagnostic imaging systems
  27. 27. Remote diagnostic </li></ul>Transportation manufactures and provide servc<br /><ul><li> High-horsepower,
  28. 28. Diesel-electric locomotives
  29. 29. Drive technology solutions</li></li></ul><li> NBC Universal<br />“GE has used its global presence and new technologies to<br /> make life easier and enjoyable for people around the world”<br />
  30. 30. GE Capital<br />“As businesses seek new ways to finance their operations<br /> and grow in their current environment, They turn to GE ”<br />“Our array of financial products and services <br />enable our costumers to meet their goals”<br />
  31. 31. GE Capital<br />GECapital businessesoffer a range of financial services and products worldwide for businesses of all sizes. <br />Services include <br /><ul><li> Commercial loans and leases,
  32. 32. Fleet management,
  33. 33. Financial programs,
  34. 34. Home loans,
  35. 35. Credit cards,
  36. 36. Personal loans .
  37. 37. Strategic partnerships and joint ventures. </li></ul>Energy Financial Services offers<br /><ul><li> Equity,
  38. 38. Debt,
  39. 39. Leasing,
  40. 40. Partnership financing,
  41. 41. Project finance and </li></li></ul><li>Home and Business Solutions<br />“ Our company began with the invention of the world’s <br />first affordable Incandescent lamp. A century later ,<br />GE is still bringing light to your world ”<br />
  42. 42. Home and Business Solutions<br />Appliances and Lighting sells and services<br />Home appliances include <br /><ul><li> Refrigerators,
  43. 43. Freezers,
  44. 44. Electric and gas ranges,
  45. 45. Cook tops,
  46. 46. Dishwashers,
  47. 47. Clothes washers and
  48. 48. Dryers</li></ul>Lamp products<br /><ul><li> Lines of incandescent,
  49. 49. Halogen, fluorescent,
  50. 50. High-intensity discharge,
  51. 51. Light-emitting diode, </li></li></ul><li>Acquisitions<br /><ul><li>1986, GE reacquired RCA
  52. 52. 2002, GE bought wind turbine manufacturing assets of Enron Wind
  53. 53. 2004, GE bought 80% of Universal Pictures
  54. 54. 2007, GE acquired Smiths Aerospace for $4.8 billion.
  55. 55. 2010, GE acquired gas engines manufacture Dresser Inc. for $3 billion
  56. 56. 2010: GE buy oil sector company British Wellstream Holding Plc. an oil drilling pipe maker for $1.3 billion</li></li></ul><li>Corporate Recognition and Rankings<br /><ul><li>Fortune ranked GE the 6th largest firm in the U.S.
  57. 57. 50 Most Powerful Women
  58. 58. 2010 Working Mother 100 Best Companies
  59. 59. The 25 Most Innovative Companies 2010
  60. 60. World's Most Admired Companies
  61. 61. World's Most Ethical Companies
  62. 62. The World's Most Innovative Companies
  63. 63. Best Companies for Leadership
  64. 64. Global 100 Most Sustainable Corporations in the World
  65. 65. The World's 25 Most Inventive Companies</li></li></ul><li>Legal Issues<br /><ul><li> August 4, 2009 : The SEC fined GE $50 million for breaking accounting rules in two separate cases, misleading investors into believing GE would meet or beat earnings expectations.
  66. 66. GE has faced criminal action regarding its defense related operations. GE was convicted in 1990 of defrauding the US Department of Defense, and again in 1992 on charges of corrupt practices in the sale of jet engines to Israel</li></li></ul><li>Recent controversies<br /><ul><li> During the 2011 Fukushima I Nuclear Power Plant catastrophe it became public that the six nuclear reactors in the plant had been designed by General Electric and that critics had opposed GE's design as far back as 1972.
  67. 67. March 2011, The New York Times reported that despite earning $14.2 billion in worldwide profits, including more than $5 billion from U.S. operations, GE did not owe taxes in 2010. General Electric had a tax benefit of $3.2 billion</li></li></ul><li>Environmental record<br />Pollution<br />GE has a history of some of its activities giving rise to large-scale <br />air and water pollution<br /><ul><li> Fourth-largest corporate producer of air pollution in U.S.
  68. 68. Implicated in the creation of toxic waste.
  69. 69. Payed $250 million settlement in connection with claims it polluted the </li></ul> Housatonic river with polychlorinated biphenyls and other hazardous <br /> substances.<br /><ul><li> GE discharged as much as 1.3 million pounds of PCBs from its </li></ul> capacitor manufacturing plants at the Hudson Falls and Fort Edward <br /> upstate New York facilities into the Hudson River<br />
  70. 70. Environmental Initiatives<br /><ul><li>Invested more than $850 million in renewable energy technology 2002
  71. 71. Launch of a program called "Ecomagination,2005
  72. 72. $1.4 billion in clean technology research and development in 2008
  73. 73. Licensed solar thermal technology from California-based eSolar for use in power plants 2011
  74. 74. Replacement Energy Smart LED bulb by 2011</li></li></ul><li>
  75. 75. Thank you..<br />