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Topic: Jeff Immelt


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CEO

In the News (Sun 29 Nov 09)

  
 Jeffrey R. Immelt - Wikipedia, the free encyclopedia
Jeffrey R. Immelt (born February 19, 1956, Cincinnati, OH) is the current chairman of the board and chief executive officer of General Electric.
Immelt has made several donations to the Republican Party and various committees of the party.
Immelt delivered the commencement address and received an honorary doctorate of laws on April 29th, 2006 from Pepperdine University in Malibu, CA.
en.wikipedia.org /wiki/Jeff_Immelt   (416 words)

  
 Jeffrey R. Immelt at The Economic Club of Washington
Jeff Immelt: In 2004, we were doing our midyear strategy reviews and we saw seven divisions that were all working on energy efficiency or emissions reductions in some way, from appliances to energy to aircraft engines to rail to our plastics business.
Jeff Immelt: We spent a lot on lobbying because we are in a lot of different businesses, so it is important that we have stakes in all of them and make sure all our points of view are heard, and that is the only mechanism we have today to be heard.
Immelt serves on the board of two nonprofit organizations:; Catalyst, which is devoted to advancing women in business; and Robin Hood, which focuses on addressing poverty in New York City.
www.economicclub.org /Pages/archive/fulltext/arch-immelt.htm   (6674 words)

  
 Practicing More Than Jack Preached
Jeff had been publicly named as Jack's successor but was still months away from assuming the job.
Jeff was, to use a phrase by Jack, completely "comfortable in his own skin." He showed remarkable self-confidence and poise, not arrogance or cockiness.
As Jeff said, "Good leaders are very curious, and they spend a lot of time trying to learn things." Jeff said he tries to set aside 20% of his time for thinking and reconceptualizing, trying to grapple with future opportunities, rather than day-to-day business.
www.fastcompany.com /magazine/81/immelt_extra.html   (1036 words)

  
 GE kicks off ambitious green initiative | By Amanda Griscom Little | Grist | Muckraker | 10 May 2005
Immelt is pledging to double GE's research-and-development investments in eco-friendlier technologies from $700 million in 2004 to $1.5 billion in 2010.
"Immelt believes he is going to operate in a carbon-constrained world and he will have the technologies that the world wants and needs to buy" -- from wind, solar, and nuclear equipment to desalinization plants that could ease the pains of drought.
Immelt cast the company's motives in a more altruistic light, quoting Thomas Edison, who more than a century ago founded the company that would become GE: "I never perfected an invention that I did not think about in terms of the service it might give to others...
www.grist.org /news/muck/2005/05/10/little-ge/index.html   (1150 words)

  
 BW Online | April 29, 2002 | The Education of Jeff Immelt
Immelt's rite of passage as chief executive had been meticulously planned; it was to be Welch's final legacy to his successor.
Immelt had Sherin whip off a press release stating the facts and asked Vice-Chairman Dennis D. Dammerman, the head of GE Capital, to call the fund manager.
Immelt knows that, barring a scandal or huge gaffe on his part, he could be running GE for the next 20 years.
www.businessweek.com /magazine/content/02_17/b3780001.htm   (3315 words)

  
 Bringing good things to GE: Now it's Jeff Immelt's turn
Immelt was forced to revise earnings projections down, a humbling experience at GE where investors pay a premium for predictable results.
Immelt characterized the business world, post-Enron, as a "carnival," noting that while the focus is on accounting practices, the real trouble at Enron and other companies is a combination of flawed business models and a corrupt corporate culture.
Immelt said he was annoyed when GE's financial reporting was questioned in the Fortune article accompanying the listings that proclaimed it the most admired company in the United States and the world.
searchcio.techtarget.com /originalContent/0,289142,sid19_gci810431,00.html   (1790 words)

  
 USATODAY.com - GE's Immelt sees no sign of U.S. upturn till 2003   (Site not responding. Last check: 2007-09-17)
Immelt told Reuters after a speech in Brussels that he watches GE's plastics business as a guide to wider economic performance in the future because plastics use pervades industry and it has a short business cycle.
Immelt, who took the helm of the world's largest company by market capitalization on Sept. 7 from legendary Jack Welch and is the company's chairman of the board and chief executive, was in Brussels to speak to a business group.
Immelt said research and development is essential to the company's continued strong growth and is necessary as the firm increases the number of its products 25% this year.
www.usatoday.com /money/general/2002/01/28/ge.htm   (570 words)

  
 General Electric : Our Company : Executive Bios & Photos   (Site not responding. Last check: 2007-09-17)
Jeffrey R. Immelt, 50, is Chairman of the Board and Chief Executive Officer of GE.
Immelt, the 9th Chairman in GE's 128-year history, was appointed to this post on September 7, 2001.
Immelt holds a B.A. degree in applied mathematics from Dartmouth College (1978) and an M.B.A. from Harvard University (1982).
www.ge.com /en/company/companyinfo/executivebios/eb_immelt.htm   (206 words)

  
 Jeff Immelt visits Marquette
Marquette University is pleased to welcome Jeff Immelt, Chairman of the Board and CEO of General Electric, as part of the Business Leaders Forum on Monday, March 22, 2004.
Immelt's presentation is titled “Growing in an Uncertain World.” Following the luncheon keynote address, he will bring his years of business expertise to students in the College of Business Administration in a personal visit with business students and faculty.
Immelt had been President and CEO of GE Medical Systems, which is today a $12 billion leader in the healthcare industry.
www.marquette.edu /opa/newsroom/news/pr021004c.shtml   (459 words)

  
 BW Online | September 17, 2001 | GE's Jeff Immelt: His Own Man
Meeting Jeff Immelt, there's a sense that this is a guy who wakes up after his five hours of sleep, looks in the mirror and says, "Damn, you're good." It's confidence, not hubris.
Immelt then proceeded to boost sales at the unit from $4 billion to $6 billion in his first two years through aggressive acquisitions, increased customer service, and pushing his top people to produce better results.
Immelt will say only that no more businesses will be added to those units, and he praises them as good places to generate cash, train people, and build the brand.
www.businessweek.com /magazine/content/01_38/b3749088.htm   (2116 words)

  
 India is at a tipping point: Jeff Immelt
India is at a tipping point, Immelt argued, and the difference has been made by the advent of "broad-based consumerism", which asks for such basics as power, transport and water supply - all areas in which GE hopes to play a substantial role.
Immelt arrived in India after visiting China - where he announced that he hoped to see his Chinese business double from $5 billion last year to $10 billion in 2010.
But if Immelt now expects dramatically faster growth of GE's business in India, he also disclosed that in terms of money made out of the business, India even today is as important as China.
www.rediff.com /money/2006/jun/01ge.htm   (357 words)

  
 Nightly Business Report . One on One With General Electric CEO, Jeff Immelt | PBS
SUSIE GHARIB: General Electric CEO Jeff Immelt is about to celebrate his five-year anniversary as head of the world`s largest industrial conglomerate.
IMMELT: If something happened to the U.S. consumer, let`s say there was a tipping point at $90 oil and interest rates at 6.5 percent or something happened.
IMMELT: If I had to pick one thing, just one, it would be dramatically even more global than we are today.
www.pbs.org /nbr/site/onair/transcripts/060906_gharib   (965 words)

  
 General Electric : Our Company : Company Information : Jeffrey R. Immelt   (Site not responding. Last check: 2007-09-17)
On Thursday February 9, 2006, CEO Jeff Immelt joined us from Torino and was interviewed on CNBC's Worldwide Broadcast discussing GE's role as a sponsor of the Olympic games.
Jeff Immelt addresses the 2004 graduating class at his alma mater, Dartmouth College.
Jeff Immelt talks about what business leaders can do to create a great and a good company.
www.ge.com /en/company/news/immelt.htm   (367 words)

  
 Another Boss Another Revolution Jeff Immelt is following a time-honored GE tradition: abandoning the most treasured ...
Immelt, 48, is less a commander than a commanding presence--one of those natural leaders around whom a group tends to spontaneously organize.
Immelt is far too grounded to call himself a theorist (I'm just a "simple businessman," the former applied-math major has said, who's "not that deep.") But more than any other company, GE has always required a theory of how it should grow.
Jeff Immelt goes nuts if you dare call his company a "conglomerate." A conglomerate generates returns by trading in and out of businesses; it's basically a giant mutual fund.
money.cnn.com /magazines/fortune/fortune_archive/2004/04/05/366351/index.htm   (2775 words)

  
 Tech Futures: What Jeff Immelt Fears
“Immelt doesn’t worry about what could go wrong in the world as much as he worries about how to position GE for whatever happens.
The other major uncertainty is "the future of the US as a manufacturing nation—that’s going to be played out not in the next 50 or 100 years, but in the next ten or 15 years".
Many of the same issues that the calm, cool, collected 100-hours-a-week Immelt worries about, constantly running various possible scenarios over and over in his head, are the same ones driving the scenarios presented here in TechFutures.
www.techfutures.net /2005/09/what-jeff-immelt-fears.html   (425 words)

  
 Principled Innovation LLC » Jeff Immelt gets it
General Electric CEO Jeff Immelt, who is now in his fifth year after succeeding Jack Welch in 2001, understands that it is no longer sufficient to talk about “change.” Here is how he describes it instead in the July 24 issue of FORTUNE:
Immelt is investing heavily in innovation through R&D and by building a capacity for innovation throughout the company.
Jeff Immelt’s approach may be a short-term gamble from a stock price perspective but, in the long run, it is a very smart bet on building a stronger future for one of the world’s great companies.
www.principledinnovation.com /blog/2006/07/13/jeff-immelt-gets-it   (608 words)

  
 Free Term Papers on Education of Jeff Immelt
Immelt is the chairman and CEO of General Electric Co....
Immelt’s father was a GE aircraft engines veteran, so it was cool working for the same company that his father worked for, for so many years.
Even though, Immelt spent almost of 20 years preparing for the job of GE, CEO, many of the challenges he is now facing are not the ones he prepared for.
www.freefortermpapers.com /show_essay/41740.html   (189 words)

  
 Bringing Good Things to GE: Now It’s Jeff Immelt’s Turn - Knowledge@Wharton
Immelt said quarterly meetings are becoming obsolete with decisions now made more often on a weekly or monthly basis.
Immelt was not too optimistic about a quick pickup in growth in the U.S. economy, which he said is still suffering from a huge technology overhang.
Immelt acknowledged that GE stopped recruiting at business schools in the late 1990s because students were more interested in high-tech and Wall Street than in an industrial firm tracing its roots to Thomas Edison’s light bulb.
knowledge.wharton.upenn.edu /articles.cfm?catid=2&articleid=524   (1820 words)

  
 Growth & Success eNews No. 194, 25 Oct. 2005
Jeff Immelt, 49, is that wish-list CEO, the alpha male executive, just ninth in a line of succession that began with Thomas Edison.
Immelt appears to have ice water in his veins, and is tougher than Welch.
Marketing had become a lost function for GE during the 1990s and Jeff Immelt's growth strategy includes a culture that is more market-driven and externally focused.
www.jimpinto.com /enews/oct25-2005.html   (2936 words)

  
 The NEW GE Corporate Culture
Jeff Immelt is making the need to generate BIG ideas a priority.
Jeff Immelt predicts that developing countries will account for 60% of the company's growth in the next 10 years, vs. about 20% for the past decade.
Jeff Immelt wants to shape the new world, drive it, make it his own.
www.jimpinto.com /commentary/geculture.html   (878 words)

  
 BuzzFlood - Dartmouth - Jeff Immelt '78 to be commencement speaker
Immelt is also one of nine individuals who will receive honorary degrees at the event.
Jeffrey R. Immelt (Doctor of Laws), a 1978 graduate of Dartmouth who is Chairman and CEO of General Electric (GE).
Immelt is a global business leader often recognized for successfully navigating his company through the turbulent and changing corporate environment of the last three years.
www.buzzflood.org /?itemid=1256   (726 words)

  
 Company News
Jeffrey R. Immelt, 44, was named President & Chairman-Elect of the General Electric Company in November 2000.
Jeff (as he is called) began his career in 1982 in Corporate Marketing was appointed President & CEO of GE Medical Systems in 1997.
Jeff was inspirational for a series of associations like Manipal, NIMS, Apollo, TMH and Escorts.
www.gehealthcare.com /inen/company/imagesjournal/jan2001/in_en_jeffimmelt.html   (167 words)

  
 HBS Alumni - HBS Bulletin
Just a year after taking the helm of General Electric, Chairman and CEO Jeffrey R. Immelt (MBA ’82) addressed a capacity crowd in Burden Auditorium on topics that ranged from the state of the economy, to GE’s future, to advice on achieving career goals.
It’s a different time.” Immelt was quick to add that he’s been influenced by Welch’s “ability to soak up new ideas, to transform himself, and to create change within the company.” The two continue to enjoy a good relationship, Immelt said.
A company’s success is built on four components, Immelt observed: a solid business model, its capacity for performance, the ability to focus on the future, and a commitment to its people, culture, and values.
www.alumni.hbs.edu /bulletin/2002/december/update_immelt.html   (671 words)

  
 Rolling Stone : The Profiteer
As the CEO of General Electric, Jeff Immelt is interested in global warming for only one reason: the bottom line.
Immelt, whose company is one of the world's biggest polluters, is part of a growing push by industry to cash in on the business opportunities presented by global warming.
Immelt majored in math at Dartmouth, where he was an active frat member and Animal House fan, before getting an M.B.A. at Harvard and going to work for GE at age twenty-seven.
www.rollingstone.com /politics/story/8742315/the_profiteer   (438 words)

  
 Strategy, Innovation, Futures BusinessBlog: Jeff Immelt's 10 Rules of Leadership
Immelt's recommendation here fits in well with the new emphasis on a wider range of stakeholders, and the heightened pace of externally-driven change.
- Immelt's sixth piece of leadership wisdom is to "stay true to your own style", by which he means that leaders need to be especially self-aware.
Particularly in the case of Major Appliances as one of Jeff's early senior management roles in GE was to run the service component of the appliances business
www.manyworlds.com /1/businessblog/2004/06/jeff-immelts-10-rules-of-leadership.html   (483 words)

  
 Bringing good things to GE: Now it's Jeff Immelt's turn | Executive Education
Immelt characterized the business world, post-Enron, as a andquot;carnival,andquot; noting that while the focus is on accounting practices, the real trouble at Enron and other companies is a combination of flawed business models and a corrupt corporate culture.
The key to consistent management across GE is strict accountability said Immelt, who added he twice spent time in andquot;Jack's doghouse.andquot; Immelt has direct control over the top 500 executives and reviews closely the performance of 3,000 to 4,000 people who work for them.
His years coming up through the GE management system have prepared him for the job, Immelt said, adding, however, that he does not yet have anywhere near the depth and breadth of relationships - with customers, employees, and investors - that Welch was able to develop in his time on the job.
www.ameinfo.com /16848.html   (1960 words)

  
 mick's leadership blog ...: Fast Company Interview: Jeff Immelt
The year Jeff Immelt's career almost blew up was 1994.
He was vice president and general manager of GE Plastics Americas, and his division was caught in a classic profit squeeze -- the crunch that comes when raw-material costs rise and a company is locked into fixed-price contracts with customers.
But on the last night of the meeting, he felt a hand on his shoulder just as he was rushing off to the elevator and his room.
www.leader-values.com /blogger/2005/07/fast-company-interview-jeff-immelt.html   (404 words)

  
 The Fast Company Interview: Jeff Immelt
Immelt clearly redeemed himself, gaining a crucial promotion in 1997 to president and CEO of GE Medical Systems and winning the race to succeed Welch three years later, at age 45.
And Immelt has won favorable reviews for a new and bold environmental initiative that will double the company's research on clean technologies.
Immelt recently sat down for a talk with Fast Company editor-in-chief John A. Byrne in the CEO's conference room at GE headquarters in Fairfield, Connecticut.
www.fastcompany.com /magazine/96/jeff-immelt.html   (4072 words)

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