GE 2003 Annual Report Download - page 23

ge 2003 annual ≥epo≥t34
leade≥ship team
“We are 11 separate businesses, each of which
would be in the Fortune 500 as a separate entity.
But the things we share— a consistent, tested
operating system, common values and a depth
of leadership— are the very core of our combined
company. They are what make us GE.”
mike neal
Commercial Finance
“We saw how Mike Neal’s equipment
financing unit segmented a market to identify
potential customers— define narrow segments,
find adjacent areas with complementary
technologies, and find technology transfers
that can create new products. It was a perfect
blueprint for building GE’s new security,
sensing and automation platforms.”
lloyd t≥otte≥
Consumer & Industrial
“At Water Technologies we’re using Transportation’s
remote monitoring and diagnostics to alert us to
corrosion problems, Healthcare’s ultrasound to pin-
point their exact location, and our own treatments to
solve them.”
bill woodbu≥n
Infrastructure
“Optical film is a highly sophisticated
material. To make it, we needed
advanced designers, physicists who
specialize in optics, and people
who could develop advanced methods
of defect detection. We were able to
tap optics experts at Lighting and
Global Research.”
john k≥enicki
Advanced Materials
“We’ve shared our imaging technologies
with Transportation, Energy and Water
Technologies, and we’ve found some terrific
management ideas, like Transportation’s
lean manufacturing process. It’s a great
give-and-take process.”
joe hogan
Healthcare
“We all learn that leaders should have a
player/coach ethic. Wherever you go, you have
to roll up your sleeves and dive into the business.
Coming from outside the insurance industry,
I used that approach and attitude to help lead
the team through a tough turnaround.”
≥on p≥essman
Insurance