General electric

imagination at work

Presented By :-Amandeep SharmaGagandeep KaurSulagna Sunny Chhatwal

• The General Electric Company (GE) is a multinational American

technology and services conglomerate incorporated in the

state of New York

• Founder: Thomas Edison

• Business type is public

• Chairman and CEO: Jeff Immelt

• Vice chairman, CFO: Keith Sherin

• Headquarters: Fairfield, Connecticut

• Industry: Conglomerate

General Overview

General Electric Headquarters, Fairfield Connecticut

How it started

• In 1876, Thomas Edison invented one of the Greatest invention ever.

• Incandescent Electric Lamp

•Founded Edison General Electric Company1878

•Organized various business into Edison General Electric Company1890•General Electric Company was formed1892

How it started

Services

Energy Infrastructur

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Technology Infrastructur

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NBC Universal

GE CapitalHome & Business Solutions

Company Overview

• US$ 150.211 billion Revenue

• US$ 15.166 billion Operating income

• US$ 12.163 billion Net Income

• US$ 751.216 billion Total assets

• US$ 124.198 billion Total equity

Energy Infrastructure

“How we manage energy today will determine the kind of world we live in Tomorrow. Whether it is solar power in rural India, wind power in Europe, or cleaner coal in the U.S., GE’s diverse portfolio of power generation products and Services is changing the way we think about power”

Development, Implementation and Improvement of products and technologies that harness resources such as wind, oil, gas and water.

Operations located • North America, • Europe, • Asia, • South America and

Energy serves• Power generation, • Industrial, • Government and • Customers worldwide

Offers• Wind turbines • Solar technology

Sells• Aircraft engine • Gas turbines and • Generators

Energy Infrastructure

Technology Infrastructure

“Moving toward Digital Hospital”

Technology Infrastructure

Aviation Healthcare Transportation

“15,000 GE locomotive engines on the world’s rail”

Operations are located in North America, Europe, Asia and South America.

Aviation produces, sells and provide services• Jet engines,• Turboprop and• Turbo shaft engines and • Related replacement parts for military and commercial aircraft.

Healthcare manufactures and provide services• Medical equipment • Diagnostic imaging systems • Remote diagnostic

Transportation manufactures and provide servc• High-horsepower, • Diesel-electric locomotives• Drive technology solutions

Technology Infrastructure

NBC Universal

“GE has used its global presence and new technologies to make life easier and enjoyable for people around the world”

GE Capital

“As businesses seek new ways to finance their operations and grow in their current environment, They turn to GE ”

“Our array of financial products and services enable our costumers to meet their goals”

GE Capital businesses offer a range of financial services and products worldwide for businesses of all sizes.

Services include • Commercial loans and leases, • Fleet management, • Financial programs, • Home loans, • Credit cards, • Personal loans .• Strategic partnerships and joint ventures.

Energy Financial Services offers• Equity, • Debt,• Leasing,• Partnership financing, • Project finance and

GE Capital

Home and Business Solutions

Home and Business Solutions

Appliances Lighting

“ Our company began with the invention of the world’s first affordable Incandescent lamp. A century later ,GE is still bringing light to your world ”

Appliances and Lighting sells and services

Home appliances include • Refrigerators, • Freezers, • Electric and gas ranges, • Cook tops, • Dishwashers, • Clothes washers and • Dryers

Lamp products

• Lines of incandescent,• Halogen, fluorescent, • High-intensity discharge, • Light-emitting diode,

Home and Business Solutions

Acquisitions

• 1986, GE reacquired RCA• 2002, GE bought wind turbine manufacturing assets of Enron

Wind• 2004, GE bought 80% of Universal Pictures• 2007, GE acquired Smiths Aerospace for $4.8 billion.• 2010, GE acquired gas engines manufacture Dresser Inc. for

$3 billion • 2010: GE buy oil sector company British Wellstream Holding Plc.

an oil drilling pipe maker for $1.3 billion

Corporate Recognition and Rankings

• Fortune ranked GE the 6th largest firm in the U.S.• 50 Most Powerful Women • 2010 Working Mother 100 Best Companies• The 25 Most Innovative Companies 2010• World's Most Admired Companies• World's Most Ethical Companies• The World's Most Innovative Companies• Best Companies for Leadership• Global 100 Most Sustainable Corporations in the World• The World's 25 Most Inventive Companies

Legal Issues

• 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.

• 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

Recent controversies

• 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.

• 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

Environmental record

GE has a history of some of its activities giving rise to large-scale air and water pollution• Fourth-largest corporate producer of air pollution in U.S.

• Implicated in the creation of toxic waste.

• Payed $250 million settlement in connection with claims it polluted the Housatonic river with polychlorinated biphenyls and other hazardous substances.

• GE discharged as much as 1.3 million pounds of PCBs from its capacitor manufacturing plants at the Hudson Falls and Fort Edward upstate New York facilities into the Hudson River

Pollution

Environmental Initiatives

• Invested more than $850 million in renewable energy technology 2002

• Launch of a program called "Ecomagination,2005• $1.4 billion in clean technology research and

development in 2008 • Licensed solar thermal technology from California-based

eSolar for use in power plants 2011• Replacement Energy Smart LED bulb by 2011

Thank you..