GE 2006 Annual Report Download - page 39

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Automation and Embedded Systems
2006 was a transformational year for Automation and Embedded
Systems (GE Fanuc), a leader in industrial automation and
productivity solutions.
Following a series of acquisitions, Automation and Embedded
Systems is working as a team to align strategies and to inspire
employees toward a unified vision. Training has enabled this team
to accelerate action plans that leverage domain expertise to expand
its global presence and increase new product introductions
growing annualized revenues by 50% in 2006.
pictured left to right
Maryrose Sylvester, Rob McKeel, Steve Szamocki, Bill Estep,
Rich Carpenter, Matt Hardt, Sheila Kester
Risk Management
Managing risk in financial investing is an important core compe-
tency at GE and by necessity, a team effort. As GE’s fi nancial
services activities have grown to $565 billion in assets spanning
55 countries, our risk management capabilities have also devel-
oped to foster and manage this growth. GE has dedicated and
experienced risk management teams in every business and in
every market that we serve.
Building on their 25 years of experience, our most senior profes-
sionals engaged in leadership training to challenge assumed
expertise and to develop new ways of evaluating risk. In 2006,
GE evaluated over $16 billion in acquisitions and over $70 billion
of core organic growth.
pictured left to right
Ray Duggins, David Amble, Samira Barakat, Jim Colica, Bill Strittmatter
ge 2006 annual report 37