6. Founder of General Electric:
Thomas Alva Edison
1876: Creation of the first industrial research
laboratory in Menlo Park, New Jersey
1878: Foundation of the Edison Electric
Light Company
1879: Invention of the first electric light bulb
7. •CEO: Jeffrey R. Immelt
•EXECUTIVE LEADERS : Ferdinand
Bacilli, Charlene Begley, Kathryn Cassidy, Beth
Comstock, Pamela Daley
•BOARD OF DIRECTORS : James
Mulvane, Claudio Gonzalez, Robert Jane, Andrea
Jung, Susanne Hockfeild, Sam Nunn, Alan Lafley,
Ann Fudge, Ralph Larsen, William Castell, Roger
Panske.
9. Innovative technologies…
tomorrow
Hybrid evo
Wind $1.5B by 2010
doubling our
2005 investment
Solar OLEDs
Advanced
Desalination
Carbon Capture GEnx
Zero Liquid
Energy Storage Discharge Turbine Efficiency
10. Products and services
Appliances
Consumer products
Aviation
Electrical distribution
Energy
Oil and gas
Rail
Water
Software and services
11. Business Unit
Business Unit Strategic intent
Strategic intent
Infrastructure Continue global dominance
Leverage knowledge and Marketing
GE Money capabilities
Health Care Growing needs = high returns
NBC Capitalize on easy PR exposure
Development of high quality,
Industrial demanded goods
Financial Expert diversification leader $
13. A sustainable business
strategy
INVEST Profit GROW
$1.5B in R&D Technology Revenue to $25B
GEnx jet PV solar Use 20% more fuel Iberinco –
engine panels efficient 10MW carbon-
free electricity
Caceres,
Save REDUCE Spain
GHG/H2O Impact
lower emissions solar at GE HQ
from jet test rig
15. 1. Grow revenues to $25B
by 2010
2. Double R&D to $1.5B
3. Reduce GHG 1% absolute
by 2012
4. Reduce water 20% absolute
5. Inform & Engage public… ongoing
Transparency
16. We Can Meet the Challenge
Imagine healthcare as a
‘continuous’ process supporting
early health
Imagine consumers and clinicians
always being ‘connected’ and able
to access the clinical record and
workflow applications
Imagine devices that improve your
clinical workflow and seamlessly
integrated into your personal
devices to support technology
convergence and evolution
Editor's Notes
Our Revenues have grown 20% per year – hitting 17 Billion Dollars in 2008. And we are driving to $25B in 2010. And we are focusing our new Innovation in the areas of: Carbon Energy Efficiency, and Water
And for Tomorrow – we are Investing in break-thru technologies, such as: Membrane based carbon capture Thin film photo-voltaics, and Battery technologies to enable electrification of transportation
These metrics not only force our execution, but they are profoundly inter-related. The more we invest to develop new technologies, The more those platforms benefit our customers, thereby growing our revenues and profits @ the same time. In addition, we use our own technology to reduce our own footprint. And the associated cost savings helps to sustain the cycle of investment.
Your Excellencies, ladies and gentlemen, in this keynote session, I’d like to share with you how GE has embraced the challenges we’ve heard from many speakers - and how we have developed an environment focused, profitable, business strategy. This strategy - called ecomagination is transforming the very essence of GE – a 130-year old company, the only company in the DJIA today that was in the original Index in 1896. And why have we been so successful for so long? Because we are a global infrastructure, finance and media company that constantly reinvents itself around opportunity. We take on the world’s toughest challenges and use our culture of innovation to create solutions the world needs most. And, we have a lot of innovation to offer – right now . Innovation you don’t have to wait for.
This is why we created ecomagination A profitable business strategy providing leading environmental solutions. In order to give this some edge, we bound it with hard metrics: To Grow our Revenues and R&D investments To reduce our own operating footprint And, to Report on our progress Publicly
