2. Mission Statement
• Imagine, solve, build and lead - four bold
verbs that express what it is to be part of
GE. Their action-oriented nature says
something about who we are - and should
serve to energize ourselves and our teams
around leading change and driving
performance.
3. Background
• Thomas Alva Edison
– Edison General Electric
• Charles A Coffin
– Thomas-Huston Company
• Merger together in 1892 to form
General Electric
• Edison replaced by Nikola Tesla
4. Background
• HQ in Fairfield, CT
• $182,515,000,000 Annually
• 323,000 Employee’s worldwide
• Been in business for 117 years
• One of the first 12 on the DJI
5. Key Dates
• 1876: Edison opens the laboratory in which he
would invent the incandescent electric light bulb
• 1890: Edison General Electric Company
established
• 1892: Becomes General Electric Company
• 1907: Produces heating and cooking line
• 1930: GE Plastics department founded
• 1932: GE scientist Irving Langmuir wins Nobel
Prize
• 1970: Computer division sold to Honeywell
• 1973: GE scientist Ivar Giaever wins Nobel Prize
• 1986: Reacquires RCA
• 1987: GE Aircraft Engines founded
• 2004: Acquires Vivendi's TV/movie assets
6. What they own
• NBC
– MSNBC
– CNBC
• Universal Pictures
• Universal Studios
7. What do they make?
• Genie • Lighting
• Aciation • Medical Imaging Equip.
• Electric Motors
• Jet Engines
• Locomotives
• Electricity • Wind Turbines
• Entertainment • TV
• Gas turbines • Motion Picture Projectors
• Generation (IMAX)
• Industrial Automation
8. The GE Footprint
• In 1992 GE was the 4th most
environmentally destructive company in
the USA
• They were fined millions in clean up
costs
• In a mere 17 years GE has become one
of the most Green companys
10. Ecomagination
• 1.4 billion dollars invested anually
• In 2010 GE has pledged to donate
20 billion dollars
• 70 brand new Green products have
been produced
11. GE Renewable
• Since 2002 has generated 850
million
• Have created 10,000 jobs
• Solar Power
• Wind Power
• Water Turbines
• GEJenbacher Engines
12.
13. What is Rapid City Doing
To Save the Environment?
• Curbside Collection
• Yard Waste Sites
• Landfill Gas Collection
• LED
17. LED
• LED Street lights by
2011
–Use 94% less power then
Incandescent
–Save City Millions of
dollars as well as save
thousands of tons of gas
emissions