GE 2015 Annual Report Download - page 37

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GLOBAL GROWTH ORGANIZATION SNAPSHOT
“GE’s acquisition of Alstom further
strengthens our global footprint by
adding more in-country capabilities.”
John Rice
Vice Chairman & CEO,
Global Growth Organization
GLOBAL SCALE CULTURE & SIMPLIFICATION
43%
of Industrial
functions
6
global
functions
10,000
employees
(up from ~6,000 in 2014)
20
countries with
$1B+ orders
$67B
non-US
infrastructure orders
24,000+
GE leaders &
commercial/services
employees localized in
growth markets
HA-Turbine
World’s largest, most
efficient gas turbine
2015 technical
selections = 82 units
(including 33 units in backlog)
LEAP3 Engine
Showcases unique technology
developments in additive
manufacturing & advanced materials
2015 orders &
commitments = 1,399 units
SHARED SERVICES
“At the start of Year 3 of our shared services
initiative, you can see costs coming down
with the same or higher quality.”
Shane Fitzsimons
SVP, Global Operations
SHARED SERVICES SNAPSHOT2
Working at the core of the GE Store to leverage scale & identify innovative
solutions to deliver better outcomes at a lower cost for our customers
Industrial selling, general & administrative (SG&A)
expenses as a % of sales
Industrial segment revenues from growth markets1
12% average annual growth rate
LEADERSHIP
“Our new Performance Development approach
emphasizes day-to-day development —
driving accountability, better customer
outcomes, and faster, continuous growth.”
Susan Peters
SVP, Human Resources
GE ranked #1 in the world on the 2014 Aon
Hewitt Top Companies for Leaders list.
Crotonville, our global leadership
institute, is at the forefront of thinking
in leadership, culture, strategy &
innovation. Some of GE’s best-known
initiatives — Lean Six Sigma, WorkOut,
Simplification & FastWorks — took
shape here.
PROGRESS: RISING HIGHER
GE Is the World’s Best Company for Global Leaders
“Technology sharing across businesses
provides a higher return on capital
compared to single-use technologies.”
Vic Abate
SVP, Chief Technology Officer
TECHNOLOGY
SELECTED RECENT PRODUCT LAUNCHES
GLOBAL LEARNING SNAPSHOT
50,000
participants
5,000
customers
50
countries
200
locations
#1
$1B
annual
investment
10
Research
Centers
2. Excluding Alstom.1. GE launched the Global Growth Organization in 2010.
~3,000
PhDs, engineers
& scientists
3,100+
new patents
filed in 2015
GLOBAL RESEARCH SNAPSHOT
3. LEAP is a trademark of CFM International, a 50-50 joint venture between Snecma (Safran) and GE.
2013 15.9%
2014 14.0%
2015 13.9%2
2010 $27B
2014 $43B
2015 $43B
GE 2015 FORM 10-K 9