General Electric

1
General Electric

• Kristen Kibler
• April 10, 2001
• Chem 280

2
Outline

• Brief history of the company
• Achievements of the past century
• Variety of products offered
• Financial highlights, honors
• Current products of interest

3
A Brief History

• Thomas Edison establishes Edison Electric Light
  Co. in 1878
• GE created by merger of Edison GE Co. and
  Thomas-Houston Electric Co in 1892
• Chairman Ralph Cordiner reconstructs GE,
  decentralizing it in 1950s

• Cordiner requires massive training and education
• Cordiner orders a 3-year investigation of
  management education
• GE purchases Hopf Institute of Management
• GE creates MBO and SWOT analysis

4
Achievements of the Past Century

• 1951-J79, GEs most famous military engine
• 1960-The Discover XIII, built by GEs Missile
  Space Vehicle Dept.
• 1971-CFM56, worlds most successful aircraft
  engine
• 1981-fiber optics, beginning of fiber optics
  revolution in communication

• 1992-Mars Observer, study of Martian geology and
  climate
• 1999-Accuracy in medical diagnostics, including
  functional anatomical mapping
• 2000-Breast Cancer Screening, full digital
  mammography for greater clarity and manipulation

5
Variety of Products Offered

• Personal finance
• -auto insurance, credit cards, life insurance,
  home mortgages
• Industry solutions
• -automotive, building construction,
  healthcare, telecommunications
• Home solutions
• -lighting, home electrical safety, adhesives
  sealants

6
Financial Highlights

• 2000 revenues
• 129.9 billion
• 2000 net earnings
• 12.7 billion
• 2000 total assets
• 437.0 billion

7
HONORS

• 2 nobel prizes
• 67, 588 patents
• Global Most Admired Co.-Fortune
• Worlds Most Respected Co.-Financial Times
• Americas Most Admired Co.-Fortune
• Americas Greatest Wealth Creator- Fortune

8
Arctica Refrigeratorfresh food, fresh style,
fresh technology, how refreshing

• -- calculate when defrost is necessary based on
  monitored door openings
• -- electronic thermister sensors to regulate
  chill, thaw, or storage at optimal temps
• -- fresh saver filter to absorb ethylene gases
  that are emitted from fruits and vegetables

9
Ethylene Gas

• Sweet-smelling gas
• Slightly soluble in water
• Very reactive

10
Bio-Kes The Power of Freshness

• Forces air through a titanium oxide-coated glass
  tube
• TiO2-photo catalyst stimulated by UV energy
• Germicidal bulbsformation of hydroxide radicals
  by TiO2 kills 98 of pathogens

• TiO2 oxidizes ethylene gas into CO2 and H2O
• Removes/oxidizes ethylene by 8-10 tons of
  medium-producing fruits vegetables
• Operates at 36 deg F
• of mL/hr of ethylene removal varies with room
  temp and ethylene concentration

11
Cardiac Imaging

• Vivid Five and Vivid 3
• raw, uncompromised digital data to produce
  images that are so crisp and clear
• -- 4-D Imaging
• -- Tissue Tracking Imaging
• -- Contrast Imaging with Real-Time Myocardial
  Contrast

12

• Advantium Speed Cook Ovens
• -- cooks in an average of ¼ the time
• -- no preheating
• -- oven quality food
• -- food retains natural moisture
• -- converts to a microwave
• --saves over 90 hours/year

13
QUESTIONS??