GE 2013 Annual Report Download - page 26

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Simplifi cation
Goals & Drivers
30pts
Increase in
Shared Services
15%
Consolidate
Supply Chain
30%+
Reduction
in NPI Cycle
(New Product Introductions)
80%
Fewer ERPs
(Enterprise Resource
Planning systems)
30%
Fewer P&Ls
(Profi t & Loss centers)
45%
Smaller HQ
10%+
Lower
Indirect Spend
50%+
Field Approvals
50%
Reduction in
Deal Cycle
PICTURED: Ionel Barbut and Alessandro Lonoce,
Avio Aero, a GE Aviation business
The Look of a
Simpler Company
At GE, we think simpler is better. Simplification means quicker
execution and closer collaboration with customers. It’s a focus on
efficiency, speed and market impact. With fewer layers and more
field empowerment, we’re putting accountability where it matters.
We’re bringing new ideas to market at a faster pace. And we are
increasing customer intensity throughout the Company, so that all
of us—from commercial teams to enabling functions—are aligned
with market success.
24 GE 2013 ANNUAL REPORT