Keynote presentation by Sue Siegel at Catalant's Reimagining Work Summit in Boston on October 10, 2018

1. The Future of Work:
Perspectives from The Industrial Company of the Future
Sue Siegel, GE Chief Innovation Officer & CEO, GE Ventures
Oct 10, 2018

2. Service/
Experience
Autonomous
Enterprise
Connected/Smart
Centralized
CapEx
Static/Dumb Product/
Feature
Manual
ConsumerDistributed
OpEx
… all while
the pace of change will never be
as slow as it is today!
Times are changing
… a digital revolution
Business models are being reimagined,
with customer experience at the core
…

3. 3
In search of productivity
U.S. Productivity Growth
0
0.5
1
1.5
2
2.5
3
%
0
1
2
3
4
5
6
7
8
%
OECD Productivity
Growth
1996-2005
2011-2016
Source: U.S. Bureau of Labor Statistics Source: The Organisation for Economic
Co-operation and Development

4. 4
Non employee freelancers AI / ML / AR / VR
Temporary assignments
Sharing economy platforms
The Gig Economy The Machine
Economy
Blockchain / Cybersecurity
Transforming business, government and
society
Automation / Robotics
Source: E&Y
The future of work

5. The investing landscapeNew Industrial driving the FOW Notable investing in FOW:
AI/MLAR/VR
Technology trends driving investment
(Includes Drones, Robotics, 3D Printing, Advanced Mfg., Autonomous Cars and
Cleantech)
Source: CB Insights
Blockchain /
Cybersecurity
3D Printing Robotics
$1B to GM
$450M to Delphi
$15B to Intel
$20B+ valuation
Acquired by
IKEA

6. GE: Positioned for growth
Unlocking value across three stand alone companies + GE
Aviation Power
+++
• Leading franchisees solving tough problems with
advanced technology
• Valuable installed base with track record of
increasing asset productivity and improving margins
Renewable Energy
Healthcare
Enabled by Digital, Additive, Capital

7. 1. Driving productivity

8. 2. Enabling workers

9. 3. Transforming manufacturing and design

10. 10
Workforce readiness
BrilliantYOU
Making learning continual, mobile, and
immediately applicable
Learning lead by multidisciplinary team
at GE’s Leadership Development
Institute
Brilliant Learning
Training for 150,000 global supply chain
employees
Designed for all levels of manufacturing
Custom-designed and adapted to
individual site needs

11. 11
Balance of Trade
PolicyTechnology
Corporate Social
Responsibility
Population
Physical Footprint
Looking ahead
The
Future
of Work