X420: CAREER PERSPECTIVES Personal Background Research and Risk A Career in Finance General Electric Financial Manger A Corporate Example - GE
CAREER BACKGROUND Big Company Small Company Manufacturing Company Mergers & Acquisitions Manufacturing Operations Service Industry Middle Tier Corporation Either A) Good Perspective or B) No Career Direction Financial Operations
DO YOUR HOMEWORK
The Road Less Traveled
FINANCE CAREERS - THE 1970’S Professional Background of Top CEO’s
Road to Nowhere - or to the TOP?
FINANCE CAREERS - THE 80’s & 90’s Professional Background of Top CEO’s
Preferred Road to the Top
Dominant Importance of Financial Savvy
MODERN FINANCIAL MANAGER Leadership Communication Financial and Strategic Planning Accurate and Timely Reporting Measurement and Control
YTK FINANCIAL MANAGER Know & Use the Web ! ! !
Yesterday... Today... Tomorrow... All in One Job ! ! ! FINANCIAL MANAGER
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GE FINANCIAL MANAGER LeadershipExcellence Integrity Compliance Controllership Global Mindset Business Partnership GE Corporate Values Technical Competence High Value/ Low Cost Operations People Development
FINANCE LEADER IN GENERAL ELECTRIC Role Model Integrity (Controllership) Grounded in Reality Drive Business Process Discipline Understand Strategy & Integrate Decisions Provide Consistent & Meaningful Financial Information Have Independent Views (“Raise the Flag”) Be a Catalyst... Drive the Business to Make Hard Choices Develop Individuals & Teams (Technical Competency) Bottom Line Focus & Impact Engaged in Operations (“In the Boat”)
What’s in a Name...? e
e Distinct Diverse Global Aircraft Engines Appliances Capital Services Electrical Distribution & Control Information Systems Lighting Medical Systems Motors & Industrial Systems NBC Plastics Power Systems Transportation Systems WHO ARE WE?
Entry LevelExperienced Corporate Programs Financial Management Program - FMP Technical Leadership Program - TLP Information Management Leadership Program - IMLP Human Resources Leadership Program - HRLP Business Specific Programs Direct Placement Business Specific Programs GE PATHS OF ENTRY
We Recruit Young Leaders And Develop Them Over A 2 To 2.5 Year Period Work Experiences Leadership Development Personal Growth Technical Coursework FMP FMP - WORLD CLASS FINANCIAL TRAINING
WHAT’S IN A NAME? e Financial Strength Leadership Diversity of Businesses Global People Brand Image Values Technology That’s What’s In Our Name!!
YOUR CAREER TAKE RISKS STAY FOCUSED HAVE FUN 65’S A LONG WAY OUT!