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General Electric

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Natalia Ale

on 30 May 2011

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Transcript of General Electric

GE: General Electric In 1880, Thomas Edison established
the Edison General Electric Company. "I never perfected an invention that I
did not think about in terms of the
service it might give to others."
-Thomas Edison During the period of Edison
establishing his new company,
a competitor, The Thomson-Houston
Company, emerged led by
Charles A. Coffin. Since both companies struggled to produce electrical
installations based on their own patents & technologies,
the two companies combined in 1892. The GE headquarters are located
in Fairfield, CT in the U.S. In 2010, Forbes ranked GE as
the world's second largest company.
This company has over 304,000
employees around the world. Jeffrey R. Immelt has been the chairman and CEO of
GE since September 7, 2001. He has been named
the "World's Best CEO's" three different times by
Barron's. GE services us with many different appliances.
One of them is aviation. GE developed America's
first turbojet engines and continues to innovate
other products. GE also provides the world with
engines for the corporate, commercial, military
and marine industries. GE also provides many appliances
that we use everyday, such as: computer
accessories, generator systems, telephones,
digital cameras, holiday lighting, etc. On May 23rd, 2011, GE confirmed they
are going to be expanding their
operations in Chicago, Illinois by
bringing over 1,000 jobs to the city.
GE has over 4,000 employers in
the state of Illinois. GE Healthcare is a division of GE. There are over 46,000 people employed worldwide. GE Healthcare is also the first business to be located out of the United States. It's located in Little Chalfont, Buckinghamshire, United Kingdom. There are many other branches of health that GE provides such as: GE Healthcare Life Sciences, Healthcare Surgery, etc. GE has $600 billion worth of
enterprise value. GE has gone through nine different brand slogans.
For awhile, the slogan was "We Bring Good Things to
Life" but then it changed to the most recent slogan
which is "Imagination At Work." There are many jobs you can find to do
at GE, such as being a manufacturing engineer,
systems engineer, account manager, sales
engineer, etc. Depending on what you do is how employees are paid. Some people make minimum
wage and others earn millions a year. GE has a wide range of jobs to look into. Interviews or employeement include a lot of paper
work and an extensive background check. In May 2005, GE
launched "Ecomagination."
They provided solar energy, hybrid locomotives, fuel cells, lowermission aircraft engines, laighter and stronger durable materials, efficient
lighting, and water purification
technology. GE's competitors usually only focuse
on one industry but their most
significant competitor is Siemens AG.
They compete with all of GE's divisions
except for NBC Universal. GE's divisions include:
Technology Infrastructure
NBC Universal
Capital Finance
Consumer & Industrial
Healthcare Mission statement: to imagine, solve, build, and lead.

Imagine is an invitation to dream and do things
you didn't know you could do.

Solve problems for customers, commuties, and socities

Build foundations

Lead (leadership) is to be responsible On August 4, 2009 the SEC fined General Electric
of $50 million for breaking accounting rules, twice. GE was convicted in 1900
of defruading the U.S.
Department of Defense. In 1992, GE was charged with corrupting
practices in the sale of jet engines to Israel.
Full transcript