GE 2007 Annual Report Download - page 32

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30 ge 2007 annual report
The spotlight that illuminates new ways to deliver
big savings — introducing the Operating Council.
In 2007, GE formed the Operating Council led by Wayne Hewett,
vice president, Supply Chain & Operations, and consisting
of leaders from engineering, supply chain, sourcing, fi nance, and
product management. The goal was clear: create a $1 billion
funnel of ideas, and improve the Company’s operating profi t
margin rate by 100 basis points to a world-class level of 18%.
The Council is focused on lowering product costs, reducing
overhead, countering infl ation, turning inventory, and improving
price. It is a forum to share best practices on topics such as
productivity, simplifi cation, sourcing, restructuring, quality, and
new products — all critical disciplines in an increasingly competitive
and global environment. The Council uses a common scorecard
to measure progress across the Company and spreads its success
to all businesses.
David Joyce
Aviation
Scott Ernest*
Aviation
Andy Solem
Water & Process
Technologies
Jeanne Rosario*
Aviation
Brian Masterson
Oil & Gas
Todd Wyman
Transportation
John Eck*
NBC Universal
Russell Stokes
Aviation
Roger Gasaway
Enterprise Solutions
Jack Fish
Consumer & Industrial
Richard Simpson*
Consumer & Industrial
Raphael Strosin
Healthcare
Wayne Hewett*
Corporate
Rick Stanley
Energy
Jody Markopoulos
Energy
Joe Mastrangelo*
Oil & Gas
Mike Barber
Healthcare
Brett BeGole
Transportation
pictured here are some of the operating
council members (left to right, *seated)