1. The HBR Interview : Jeffrey R. Immelt - June 2006
Growth as a Process
The HBR Interview : Jeffrey R. Immelt - June 2006

2. Organic Growth
Can a Century-old company steeped in productivity improvement turn into a growth machine in a few short years?
General Electric can - and must. The key is to work with what's already in GE's bones: respect for process

3. 2 to 3 times the growth of global GDP
8% today
Another decade of 4% growth, and GE will cease to be a great company.
But if we……………, without losing our productivity edge, GE will keep being the most admired company into the next century.

4. Things have already change!
Culture of Growth! Why?
Things have already change!
Under $30 a barrel - gone!
Growth from the developed world - gone!
Slow-growth world
More global market
More driven by innovation
GE is so big multibusiness company
Objective should be linked to all of the business.

5. Productivity vs. Growth
Productivity is still important.
Both are to be managed
Basics : products, innovation, and technology

6. Higher revenue and lower expense
How?
Higher revenue and lower expense
Nongrowth costs to the bone
More marketing expense and R&D
Still capital efficiency
Basics : products, innovation, and technology
Commercial Council

7. Execute for Growth as a Process
Customer
Lean Six Sigma
Net-Promoter Score
Growth Traits
Innovation
Growth
Leaders
A Six-Part Process
Imagination Breakthroughs
CECOR Framework
Emerging Markets
Globalization
Great
Technology
Commercial
Excellence
One GE: Enterprising Selling and Brand
New Product Innovation
Ecomagination

8. To be continued at the meeting.
Million thaks! ^^

9. Date : 18th, August 2006 / Time : 1st : 19:00~ 21:00 2nd: 21:00 ~?