Professional Opportunities Orientation Program

September 6, 2001

Craig WalkerIT Leader

“What Makes GE Admired? … Leadership …”“What Makes GE Admired? … Leadership …”

Who We Are...Respected Among our Peers

America’s Most Admired

Company 1998, 1999, 2000 &

2001

World’s Most Admired Company

1998, 1999 & 2000

World’s Most Respected Company

1998, 1999, 2000

Who We Are...A Growth Company

GE Earnings Growth

1990 - 2000

$9.3B

$4.3B

1990 1998

Earnings Have Nearly Tripled Since 1990Earnings Have Nearly Tripled Since 1990

A Diversified, Technology, Manufacturing and Services Company

…with a Rich History of Innovation….a Company to Watch for Future, Steady Earnings Growth

$10.7B

1999 2000

$12.7B

What We Do

•Aircraft Engines

•Appliances

•Aviation Services

•Capital Services

•Card Services

•Commercial Equipment Financing

•Commercial Finance

•Employers Reinsurance Corporation

•Financial Assurance

•Global Consumer Finance

Leaders in Many Industries--Within One Company !Leaders in Many Industries--Within One Company !

•Global eXchange Services

•Industrial Systems

•Lighting

•Medical Systems

•Mortgage Insurance

•NBC

•Plastics

•Power Systems

•Real Estate

•Specialty Materials

•Supply

•Transportation Systems

US Revenues60%

Revenues Outside US40%

Employees Outside US137,000

44%

US-Based Employees175,000

56%

Who We Are…A Global Company

40% of GE’s Revenues Come from Outside U.S.40% of GE’s Revenues Come from Outside U.S.

Operations in Over 100 Countries Manufacturing Facilities in 25 Countries

Where We’re Going

Four Main Growth Initiatives are Uniting Employees around the World and Directing GE’s Future Success

Globalization: Every Aspect of the Company

Services: Leveraging Technology to Provide High-Value Service Solutions in Served Markets

Six Sigma: A Disciplined Methodology of Eliminating Defects from Products and Processes

e-Business: The Internet Based Revolution that with It Brings Enormous Opportunity

Information Technology at GE

“The success of GE’s high growth plan ... is absolutely dependent on Information Technology.”

IT Recognized as a Key Growth Initiative and IT Professionals are in High Demand

IT Recognized as a Key Growth Initiative and IT Professionals are in High Demand

June 18, 1999ONLINE EXCLUSIVE

Jack Welch

e-Business: “This Is the Greatest Opportunity Yet”"Never has there been a better time to be in a company with GE's business diversity than in 2001. It is increasingly clear that GE's initiatives are going to be a driving force for our success..."

"Today, my focus is on digitization."

Jeff Immelt

Jeff Immelt: Business Update... February 16, 2001

Strategic P&L

Business Partner

Service

Support Technical Specialist

Technical Specialist

Technical Integrator

Technical Integrator

Systems Specialist

Systems Specialist

Systems Integrator

Systems Integrator

FunctionalAnalyst

FunctionalAnalyst

Process ChangeAnalyst

Process ChangeAnalyst

Project Management

The evolution of an IT organization requires an evolution of skills...

Technology Systems Process

Today:Integration of technologies

Mainframe

Client Server

• ODC

• Buy vs. Make

• Six Sigma

• E - Commerce

IT Evolution

ERP Integrator;

Multiple Systems

Programmer

Process Flow,

Integration, Speed

Manufacturing,

Financials, SalesThen:

Business-Specific Leadership ProgramsBusiness-Specific Positions

(See www.gecareers.com for more information)

Financial Management

Program(FMP)

Human ResourcesLeadership Program

(HRLP)

Technical Sales Leadership Program (TSLP)

Full-Time Entry Paths

Operations Management Leadership Program (OMLP)

Edison Engineering Development Program (EEDP)

Communications Leadership Development

Program (CLDP)Information

ManagementLeadership Program

(IMLP)

The Information Management Program

The purpose of IMLP is to develop your...

Designed to Develop IT Leaders of the Future Designed to Develop IT Leaders of the Future

leadership abilities

In order to meet the future IM leadership

needs of GE’s diverse businesses

technical aptitude business acumen

Your Diverse Rotational Assignments May Include

Quality Systems

e-Business/Web Development

Rotational Elements:

•Challenging Work With Defined Deliverables and Visible Impact

•Experiences with Distinct Technical Applications and Solutions

•Coaching/Feedback

•Sr. Level Visibility/Exposure

Product Development

Infrastructure Management

Manufacturing Systems

Process Re-engineering

Telecommunications

Real Jobs - Real Responsibility - Exciting ExperienceReal Jobs - Real Responsibility - Exciting Experience

Six Sigma Projects

Project Management

Customer Interaction

Financial Sector

Systems

1. Performance

Advice from Successful Executives

•Focus on current job performance.

•Do everything with a sense of urgency and drive to win.

•Make a difference on every job.

•Develop a reputation for delivering results above and beyond.

•It’s OK to think and talk about your career, but secondary to job performance and better when you are hitting the ball out of the park in your current job.

•Become proficient in one business/technical area.

•Build a strong functional competence.

•Look for opportunities to apply your expertise in a broader business context; multi-functional teams; process initiatives, etc.

•Learn Finance . . . it’s the language of business.

•Manage your career so that you can evolve (rather than leap) into a cross-functional assignment.

1. Performance

2. Expertise

Advice from Successful Executives

•Don’t whine about your career. Others can provide advice but — in the end, you are responsible.

•Get in the habit of constantly developing yourself . . . like a professional athlete.

•Commit to continuous learning (deeper/broader).

•Develop skills as opposed to accumulating titles.

1. Performance

2. Expertise

3. Ownership

Advice from Successful Executives

•Take the hard job. Err on the side of the bigger challenge.

•Take on work that the business considers important.

•Seek out assignments with visibility, recognizing the upside and downside potential, then perform.

•Play offense with your career.

1. Performance

2. Expertise

3. Ownership

4. Challenge and Visibility

Advice from Successful Executives

•Broaden your base of support. Take jobs with different managers/clients. Work for people who will challenge you.

•Seek out constructive input on a regular basis and don’t be defensive when you get it.

•Surround yourself with great people and learn from them. Be persistent.

•When you encounter the imperfect boss, hang in . . . Learn . . . make a difference.

1. Performance

2. Expertise

3. Ownership

4. Challenge and Visibility

5. Mentors/Supporters/Role Models

Advice from Successful Executives

•Expose yourself and family to different regions and cultures early.

•Seek out positions which require interaction across countries and cultures.

•Consider assignments outside your home country (short or longer term), but prepare by becoming expert at something, by developing teaching, as well as functional skills, and by committing to get a specific job done.

1. Performance

2. Expertise

3. Ownership

4. Challenge and Visibility

5. Mentors/Supporters/Role Models

6. Global Experience/Cultural Breadth

Advice from Successful Executives

Take Charge of your Career

• You are responsible for your career development

• You are responsible for your own happiness

• Your attitude is everything:

Take Risks - Go outside comfort zone

Focus on continuous learning

Follow your passion - Have fun!

Do Everything with Excellence