General Electric A worldwide leader in innovation

History

  • GE was formed in 1889 through combining and incorporating several light and electricity businesses started by inventor Thomas Edison into Edison General Electric Company
  • One of the original twelve companies listed on the Dow Jones Industrial Average
  • Headquartered in Boston, MA

Mission and Vision Statement

  • GE's Mission is to invent the next industrial era, to build, move, power, and cure the world.
  • GE's Vision is to focus on businesses that connect to its core competencies and is a market leader in.

Business Model

  • Underwent a massive transformation in the past 5 years to focus on core competencies in electricity, aviation, healthcare, and other industrial industries
  • Moved away from appliances, media, and financial services business in order to be a pioneer in technology, developing markets, and service industries

Main Competitors

  • Caterpillar Inc.
  • CIGNA Corporation
  • Raytheon Corporation
  • United Technologies Corporation

Why I want to be a part of the GE family

  • Commitment to employee development and advancement -LIG Program
  • Storied, well-respected company
  • Dedication to being the best
  • Strong Leadership

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