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상상을 현실로 만듭니다. Imagination at work.
GE가 꿈꾸는 가치입니다. 아니, GE는 단지 꿈만 꾸고 있는 것이 아닙니다. 상상을 현실로 만들기 위해, 불가능했던 것을 가능하게 만들기 위해 쉬지 않고 움직이고 있습니다. GE는 에너지, 의료, 항공, 수송, 금융 등의 여러 분야에서 고객과 인류사회의 진보를 위해 더 편리하고 빠르며 친환경적인 솔루션을 찾아냅니다.
Connect with GE Online:
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GE코리아 슬라이드쉐어: http://www.slideshare.net/GEKorea
1. GEWe work for Korea
GE Korea Homepage
GE Korea Blog
GE Reports Korea
GE Korea Facebook
Email Inquiries
www.ge.com/kr
www.geblog.kr
www.gereports.kr
www.facebook.com/gekorea
contacts.kr@ge.com
ProducedbyCommunicationsKorea2014(UpdatedinApril2015)
2. Carbon filament incandescent lamp invented by Thomas Edison in 1879
About GE
GE in Korea
GE Meets Korea
24
Sustainable
Management
38
Vision & StrategyOverview of Businesses
in Korea
26
Commitment
for Korea
40
30
GE Works
4
Key Initiatives
12
GE at a Glance
6
Leadership
Development
18
Innovation
10
Citizenship
20
GE traces its beginnings to Thomas A. Edison, who established Edison
Electric Light Company in 1878. In 1892, a merger of Edison General Electric
Company and Thomson-Houston Electric Company created General Electric
Company. GE is the only company listed in the Dow Jones Industrial Index
today that was also included in the original index in 1896.
General Electric Company
“I find out what the world needs.
Then I go ahead and try to invent it.”
- Thomas A. Edison
3. GE believes that better ideas by people
can build a better world.
2 About GE 3
4. We look at
what the
world needs
A belief
in a better
way
A relentless
drive to invent
and build things
that matter
A world
that works
better
The GE Works Equation
“GE is the world's most
competitive infrastructure
company committed to
changing and further
advancing global markets.”
- Jeff Immelt, Chairman and CEO
Building, powering, moving and curing the world.
Not just imagining. Doing. GE works.
GE Enterprise Advantages
Technical
leadership &
scale
Culture of
simplification
: low cost + speed
Growth market
capabilities
: breadth & depth
Services driving
customer outcomes
through analytics
GE Portfolio Goals
We have made major investments to strengthen our infrastructure
portfolio, have substantially reduced our financial services businesses and
have sold non-core businesses that lacked competitive advantage.
Valuable
specialty
finance
10%
90%
Premier
infrastructure
company
By 2018
4 About GE 5
GE Works GE works on things that matter.
5. Healthcare
GE Healthcare provides transformational
medical technologies and services that
are shaping a new age of patient care.
Broad expertise in medical imaging
and information technologies, medical
diagnostics, patient monitoring systems,
drug discovery, biopharmaceutical
manufacturing technologies, performance
improvement and performance solutions
services help our customers deliver better
care to more people around the world with
sustainable healthcare systems.
Appliances & Lighting
Since 1907, GE Appliances has been
a continuous leader in innovation,
introducing advanced home products
that enhance quality of customers' lives.
GE Lighting brings light to the world with
advanced technologies and products for
residential and commercial areas, leading
to greater efficiency and less environmental
impact than ever before.
Oil & Gas
GE Oil & Gas is a world leader in advanced
technology equipment and services for all
segments of the oil and gas industry, from
exploration and production to downstream.
Solutions range from drilling, offshore and
subsea, gas storage and pipeline, refinery
and petrochemicals to industrial power
generation.
Energy Management
Energy Management is GE's electrification
business, making energy safer and more
useful through abilities to transmit, distribute
and convert electricity. Energy Management's
electrical solutions in digital energy, power
conversion, and energy consulting allow
utilities and energy-intensive industries such
as oil & gas, marine, data centers, metals
and mining to efficiently manage electricity
from the point of generation to the point of
consumption.
Capital
GE Capital is an extension of GE's rich
heritage of building and supporting growth.
GE Capital provides smarter financing
to help our customers' capital go further
and do more around the world. GE Capital
provides insight and knowledge in every
product, where businesses that finance
with GE Capital can benefit from the global
know-how and expertise of GE.
Power & Water
With a broad array of power generation
and energy delivery technologies,
GE Power & Water works in several
areas of the energy industry, including
renewable resources such as wind,
biogas and alternative fuels, and coal,
oil, natural gas, and nuclear energy.
Power & Water also develops advanced
technologies to help solve some of
the world's most complex challenges
related to water availability and quality.
Transportation
GE Transportation is a global technology
leader and supplier to the railroad, mining,
marine, stationary power, drilling and energy
storage industries, including freight and
passengers locomotives, railway signaling
and communications systems, information
technology solutions, motorized drive
systems for mining trucks and drills, marine
engines, and high-quality replacement parts
and value added services.
Aviation
From America's first jet engine, turbosuper
charger to the world's most powerful
commercial jet engine, GE's history of
powering the world's aircraft features more
than 90 years of innovation. GE Aviation
is a world-leading provider of jet and
turboprop engines, components and
integrated systems for commercial, military,
business and general aviation aircraft, and
ship propulsion applications with a global
service network to support these offerings.
6 About GE 7
GE At a Glance
GE finds solutions in energy, health and home, transportation and finance with
the best people and the best technologies taking on the toughest challenges.
6. Organization Chart
Operating
Earnings
305,000
305,000 employees
worldwide
(As of 2014)
Operating in
175 countries
175
Capital
$42.7 Billion (29%)
Transportation
$5.7 Billion (4%)
Appliances & Lighting
$8.4 Billion (6%)
Healthcare
$18.3 Billion (12%)
Energy Management
$7.3 Billion (5%)
Oil & Gas
$18.7 Billion (13%)
Power & Water
$27.6 Billion (19%)
Aviation
$24.0 Billion (16%)
$15.2Billion$16.7Billion
Cash Flow
from Operating Activities
Jeffrey R. Immelt
Chairman and CEO
Board of DirectorsShareowners Corporate Executive Office
Consolidated
Revenues
$148.6Billion
ITFinanceHuman ResourcesGlobal ResearchLegal
Commercial,
Public Relations
Capital
Appliances
& Lighting
Global
Growth
Organization
Oil
& Gas
Aviation
Energy
Management
Healthcare
Power
& Water
Transportation
Business
Corporate Staff
World's Most Admired Companies
Fortune
World's Most Ethical Companies
Ethisphere Magazine
Top Global Innovators
Thomson Reuters
Best Companies for Leadership
Hay Group
The World’s Top Company for Leaders
Aon Hewitt
Global 100 Most Sustainable Corporations
Corporate Knights
Top Equality Index Rating of Fortune
1,000 Companies
Human Rights Campaign
2004-2015
2007-2015
2013-2014
2012-2014
2014
2010-2015
2013-2015
8 About GE 9
GE has been acknowledged in the fields of ethical management,
sustainability, innovation and leadership.
Facts & Figures
7. 2004
GE launches LMS 100™, the
new high-efficiency simple
cycle gas turbine.
LMS 100™ gas turbine
2007
GE introduces the world's first
24-cylinder gas engine producing
energy more efficiently and providing
cleaner on-site power generation.
World's first 24-cylinder gas engine
1970
Dynamic Positioning (DP) system
allows a vessel to automatically
maintain its position enroute to
its destination.
Dynamic Positioning system for
marine vessels
Carbon fiber filament
incandescent lamp
Thomas Edison invents the first carbon
filament incandescent lamp.
1879
In less than one year, GE builds
America's first jet engine - I-A.
America's first jet engine – I-A
1942
GE Voluson provides physicians
more information and better
image quality.
World's first 4D Ultrasound
System - GE Voluson
2002
GE builds the world's largest
electric locomotives (90 tons)
and transformers (800 kW).
World's largest electric
locomotive
1895
GE starts production of the
first hermetically sealed home
refrigerators.
First hermetically sealed home
refrigerators
1917
GE Global Research is one of the world's most diversified industrial research organizations, providing innovative
technology for all of GE's businesses. Global Research has been the cornerstone of GE technology for more than
100 years, and is now focused on developing breakthrough innovations in areas such as molecular medicine,
alternative energy, nanotechnology, advanced propulsion and power conversion technologies.
GE Global Research is headquartered in Niskayuna, New York and has facilities in San Ramon, California; Bangalore,
India; Shanghai, China; Munich, Germany; and Rio de Janeiro, Brazil. Every day, more than 3,600 researchers push
technology to its limits to drive growth for the GE businesses and take on the world's toughest challenges.
We know GE Works because, since our founding, we've imagined and built an astonishing array of innovations once
considered futuristic. And because the people of GE Global Research have a relentless passion for finding solutions
that will improve our lives and make the world a better place.
Portable X-ray machine
1920
GE develops an X-ray machine,
weighing only 20 pounds, suitable
for dental and portable use.
First commercial use of
radar for vessels
1945
GE demonstrates the first commercial
use of radar, allowing vessels to
navigate safely.
GE engine to power the US President's
aircraft, Air Force One
1974
GE became the market leader of
engines for wide-body aircraft
including the engines for US Air
Force One.
GE Vscan, a handheld ultrasound device
2009
GE introduces Vscan, a handheld,
pocket-size ultrasound device that
helps doctors extend the reach of
healthcare.
2013
GE's software platform for the
Industrial Internet connecting
machines, data and people.
Durathon Battery
2012
GE's innovative Durathon Battery can
function in extreme temperatures with
its reduced volume and weight.
1. SAN RAMON,
USA
3. VAN BUREN,
USA
4. NISKAYUNA,
USA
2. OKLAHOMACITY,
USA
5. RIO DE JANEIRO,
BRAZIL
7. TIRAT CARMEL,
ISRAEL
6. MUNICH,
GERMANY
8. BANGALORE,
INDIA
9. SHANGHAI,
CHINA
1 2
3 4
5
6
8
7 9
Edison Electric Light Company Birth of GE
1878 1892
Thomas Edison forms the Edison
Electric Light Company.
General Electric Company is
formed by merging the Edison
General Electric Company and
the Thomson-Houston Company.
GE launches Predix
10 About GE 11
Innovation
Acceleration for Innovative Technology
Global Research Center's Global Network
GE: Innovative Technologies that Changed the World
8. Healthymagination is working toward better health for more people. GE is committed to continuously developing
and investing in innovations that deliver high-quality, more affordable healthcare to more people around the world.
GE's Healthymagination products, having been validated by international monitoring and analytics companies, are
spearheading innovation in the healthcare industry. GE also ensures to improve well-being of GE employees and
their families through its 'HealthAhead' program, a company-wide initiative to promote healthier living and working
environment by exercising and managing nutrition balance and stress.
Healthymagination Progress
GE Sustainability Report: 2014 Healthymagination Progress http://www.gesustainability.com/2014-performance/healthymagination/
Ecomagination Progress
GE Sustainability Report: 2014 Ecomagination Progress http://www.gesustainability.com/2014-performance/ecomagination/
Healthymagination
validated products
100
HealthAhead
sites
500
Lives touched
+1.5 Billion
Invested in R&D
toward the original
$6 Billion goal
$4.7 Billion
70% of global GE employee
population impacted positively
by HealthAhead
213,500R&D
Invested $15 Billion
since launch
Greenhouse
Gas Emissions
Reduced by 32%
since its 2004
baseline
+$200 Billion
since launch
Ecomagination
Revenue
Fresh Water
Use
Reduced by 45%
from its 2006
baseline
Saved
+$300 Million
Energy Cost
Ecomagination is GE's commitment to technology solutions that
save money and reduce environmental impact for its customers
and GE's own operations. Since its 2005 launch, Ecomagination
has been driving fundamental changes in corporate perception
towards the environment and energy.
GE is fully engaged in R&D for innovative products geared to
increase energy efficiency and economic growth. GE endeavors
to minimize environmental impact and maximize energy cost
reductions in various fields of industries such as power, aviation
and transportation, by utilizing unconventional resources
including wind power, photovoltaics, fuel cell and natural gas.
12 About GE 13
Ecomagination Healthymagination
Key Initiatives
9. 3D printing
Over 20 years, GE has been conducting research activities in relation to additive
manufacturing including 3D printing. GE is committed to develop 3D printing applications
applicable to all areas of GE's business realms, ranging from healthcare to energy.
More than 300 3D printers are under operation today. Our additive manufacturing
technology has saved production time and cost by 25% and 30%, respectively.
GE's Industrial Internet solutions are bringing about a new world of innovation and
changes for its customers. Industrial Internet connects machines to machines to increase
productivity and efficiency across industries. GE has invested more than $1 Billion in
Industrial Internet and provided more diversified services to its customers, allowing them
to save cost and enhance productivity.
GE's 'RailConnect 360 Monitoring & Diagnostics'
provides locomotive status and performance
information, while enabling advance planning
of resources and materials, informed decision-
making in regards to allocating, running and
routinglocomotiveassets,predictivemaintenance
as well as accurate and measurable repairs at
the shop.
Parts production process for wind turbine through 3D printing Miniature of GEnx jet engine produced through 3D printing
GE continues to innovate with advanced technologies and materials to enhance
speed and efficiency, digitalizing manufacturing processes and systems.
Future of
Industry
Advanced
Manufacturing
- New Tools & Technology
- Agile Manufacturing
& Systems
- Open Interfaces
& New Communities
Industrial
Internet
- Brilliant Machines
- Predictive Analytics
- People at Work
1514 About GE
Advanced Manufacturing Industrial Internet
10. Simplification means quicker execution and closer collaboration with customers.
It's a focus on efficiency, speed and market impact. With fewer layers and more
field empowerment, we're putting accountability where it matters. We are
increasing customer intensity throughout the company, so that all of us are aligned
with market success.
Simplification Drivers
FastWorks is a set of tools, principles and behaviors that will help us get better outcomes for our customers
quickly, especially in an increasingly ambiguous and constantly changing world. FastWorks is one of the ways GE is
delivering on Simplification.
Key elements of FastWorks include simplified procedures and continuous communication with customers;
throughout the process of new product introduction (NPI), we constantly seek customer feedback and reflect them
to increase customer satisfaction and chances of success.
FastWorks is driving impact in business processes at GE ranging from Aviation, Healthcare, and Lighting to
Transportation, working to improve customer experience & outcome and reduce time to implement internal systems.
Speed
& Competitiveness
Faster & more collaborative approach for new product introductions
Reduce cycles and improve on time performance
Lean
Management
Simplified organization with regional empowerment
Fewer layers and P&L
IT Foundation Fewer ERPs and more reliability
Enable speed, innovation, and compliance through digital capability
Customer
Intensity
Empower local decision-making
Better commercial operations and engagement
16 About GE 17
Simplification
'Simplification' is a cultural revolution
that will change the way of working at GE.
11. GE is one of the world's leading companies committed to nurturing great leaders with its culture of
leadership development. At Crotonville, GE's global leadership institute, we seek to define the state of
the art leadership, connecting with the most influential thinkers in academia and business, and creating
transformative learning experiences to inspire, connect, and develop the GE leaders of today and tomorrow.
2,100 course offerings were made across 200 locations in 2014, where 44,200 employees and customers
participated in a Crotonville experience.
Each year, GE invests more than $1 Billion in employee development worldwide, reflecting our fundamental
commitment to our people, our customers, and all we serve.
The leaders we serve at Crotonville are diverse. They represent a variety of geographies, cultures,
backgrounds, and career stages. To serve their needs, we ensure that every Crotonville experience – our
main campus in New York, our Global Learning Centers in Germany (Munich), Brazil (Rio de Janeiro), India
(Bangalore), UAE (Abu Dhabi), and China (Shanghai), GE sites or anywhere in the world – helps participants
take giant steps forward on their leadership journeys.
“At GE, we view leadership
development as integral to our
culture and our future.”
- Jeff Immelt, Chairman and CEO
1918 About GE
Leadership Development GE Crotonville
We all rise
12. People Economy Planet
We seek long-term partnerships
between customers, employees,
shareowners and regional communities.
We continue to contribute to the
advancement and progress of society
through various activities such as talent
development, healthcare support, and
volunteer activities.
We establish infrastructure facilities
rooted in our innovative solutions in
the fields of energy, water resources,
healthcare and transportation, as well
as creating jobs to achieve sustainable
economic growth and participating in
public policies proactively.
We not only focus on the major
environmental issues including water,
energy and climate but also on the
management of other resources
GE uses. This is how GE achieves
environmental results and maintains
sustainability.
As a Worldwide Olympic Partner, GE is the exclusive provider of
a wide range of innovative products and services that are
integral to staging a successful Olympic and Paralympic Games.
GE works closely with host countries, cities and organizing
committees to provide infrastructure solutions for Olympic
Games venues including power, water treatment, and
transportation, and to supply hospitals with ultrasound and
MRI equipment to help doctors treat athletes. As a part of GE's
commitment to local communities, GE contributes its Olympic
Games legacy gift such as innovative healthcare products
or infrastructure build to the hosting region for benefits both
during the Olympic Games and for many years to come.
GE's Olympic Games partnership was launched in January
2005 and continues through 2020 Summer Games, including
the Games of the 2016 Olympiad in Rio, the 2018 Winter
Games in Pyeongchang, South Korea and the 2020 Summer
Games in Tokyo, Japan.
Tower Bridge, one of the world's most recognizable landmarks,
transformed with GE's world-class lighting system
in time to mark the 2012 London Olympic and Paralympic Games
GE is looking forward to the Pyeongchang 2018
Winter Olympic Games by working closely with
the organizing committee and governments
to provide products and technologies for the
infrastructure build.
“Citizenship is our promise to help build the communities where
we operate. At GE, we align our business strategy to meet societal
needs, while minimizing environmental impact and advancing social
development around the world.” - Jeff Immelt, Chairman and CEO
20 About GE 21
Worldwide Olympic Partner
Citizenship
As a 130-year-old technology company, sustainability is embedded in our culture and our business
strategy. Working to solve some of the world's biggest challenges inspires our thinking and drives our
actions. We are committed to finding sustainable solutions to benefit the planet, its people and the economy.
13. GE is committed to supporting
the sustainable growth and transformation of
the Korean economy with advanced
infrastructure technologies and services.
22 GE in Korea 23
14. 24 GE in Korea 25
On the evening of March 6,1887, a small light flickered at
Geoncheon Palace in the Gyeongbok Palace. The first light in the
country brightened the area.
"Wow!" - everyone gathered near the light gasped in surprise.
It was the first electric light ever to be lit in Korea.
An electric light engineer from the Edison Electric Light Company,
named William McKay, assembled and installed electric generators
and the light.
Around that time, Thomas Edison wrote in his journal as below:
"The light bulb that I invented lit in a mysterious royal palace
in Asia… I feel like dreaming!!"
Source
Korea Electric Power Corporation (KEPCO) and Thomas Edison's Journal
Illustrated by Denote Creative
It was a historical moment where the first electric light
shined in the country at Gyeongbok Palace.
GE Meets Korea
The first electric lamp at Gyeongbok Palace embarked
GE's long-term relationship with Korea.
15. Oil & Gas
• Turbomachinery
• Measurement & Control
• Dresser Korea
• Inspection Technology
• Subsea Systems & Drilling
031-620-6459
031-620-6000
031-620-6612, 3
031-620-6308
051-710-9210
GE has been supplying advanced products and technologies for
Korea's EPC (Engineering·Procurement·Construction) and marine
industries to win domestic and global projects together over 20 years.
We provide solutions and services for the entire energy value chain
ranging from drilling, transportation, storage, refining and power
generation. By offering measurement & control solutions to major
power and refinery plants in Korea, GE is contributing to improving
the overall productivity, reliability and precision of the facilities.
Appliances & Lighting
• GE Lighting
• GE Appliances Customer Service
(General Services Corp.)
• GE Appliance's Advanced
Electronics Team
02-6201-4300
1644-7214
031-620-6700
GE Lighting specializes in providing a comprehensive suite of
lighting solutions including eco-friendly LED lighting products, as
well as an integrated lighting design/energy consulting services
and lighting control system. Our solutions range from lightings
for stadiums and indoor sports centers to road/security lighting,
construction lighting, automotive lighting, and lighting solutions
for industrial and home use. GE Appliances' Advanced Electronics
team in Korea researches and develops technologies that will be
applied to smart home appliances.
Power & Water
• Thermal Power Generation Products
• Global EPC
• Distributed Power
• Power Generation Services
• Water (Ulsan)
031-620-6112
031-620-6113, 6505
031-620-6508
031-620-6126, 6533
052-223-5300
Over 40 years, GE has been supporting the growth of Korea's
power industry by providing advanced power plants and services
including gas turbines, coal gasification combined cycle, steam
turbines and renewable energy plants. We also offer facility
repairs, maintenance, performance upgrade and real-time
monitoring services. For pure and clean water in the country,
GE provides chemicals for water treatment, pre-conditioning
processes based on innovative filtering/separation technology,
pure manufacturing, water reuse, seawater desalination and
wastewater treatment for various facilities.
Aviation
• GE Aviation
• GE OWS (On Wing Support)
02-6201-4550
031-961-1730
GE Aviation has been providing high-performance engines to key
areas of Korea's national defense including the F-15K, T-50, KUH
Surion utility helicopter, and KDX-III Aegis Destroyer over 40 years.
GE Aviation also contributes through various types of technology
transfer and investments for the growth of Korea's aviation
industry. By providing high-efficient and eco-friendly engines to
airlines such as the Korean Air and Asiana Airlines, GE Aviation
supports to improve their profitability while reducing carbon
emissions and offering a pleasant travel experience for passengers.
2726 GE in Korea
Overview of Businesses
in Korea
16. Energy Management
• Digital Energy
• Industrial Solutions
• Power Conversion (Busan)
• Power Conversion (Geoje)
• Intelligent Platforms
031-620-6135
031-620-6174
051-712-8000
055-681-9051
02-6201-4910
GE Energy Management provides leading technologies for power
supplies, management, conversion and optimization to our
customers in energy-intensive industries. GE not only provides
innovative energy network design and control solutions such as
smart grid but also a wide range of solutions and services covering
electrical power distribution and overall control system. Through
GE's Power Conversion business, we apply the science and systems
of power conversion to help drive the electric transformation of
the Korea's energy infrastructure. Designing and delivering advanced
motor, drive and control technologies that evolve today's industrial
processes for a cleaner, more productive future, it serves specialized
sectors such as energy, marine, industry and all related services.
Healthcare
• GE Healthcare
• Service Center
• GE Healthcare Ultrasound Korea (Seongnam)
• Detection & Guidance Solutions (DGS)
Business Unit
02-6201-3114
1544-6119
031-740-6112
031-740-6087
GE Healthcare entered Korea's healthcare industry in 1980s and
has been supporting growth and advancement of the industry.
Our expertise in medical imaging and information technologies,
medical diagnostics, patient monitoring systems, performance
improvement, drug discovery, and biopharmaceutical manufacturing
technologies is helping clinicians in Korea re-imagine new ways
to predict, diagnose, inform and treat disease, so their patients
can live their lives to the fullest. GE continues to work with
Korea's healthcare industry to provide better and more affordable
healthcare services through innovation and collaboration.
Transportation
02-6201-4221, 4• GE Transportation
GE Transportation provides transportation solutions and services
including eco-friendly and high-efficient diesel locomotives, railway
signaling and communications systems, engine and generator
sets for marine/land use, drill motors, maintenance services, safety
facilities and customer information transmission system.
Capital
• Hyundai Card
• Hyundai Capital
1577-6000
1588-2114
GE Capital has been a strategic partner with Hyundai Card and
Hyundai Capital for over 10 years. We provide auto finance,
housing finance and credit card services for individual customers,
while helping corporate clients to manage their assets and
promote growth through corporate loans and lease products .
28 GE in Korea 29
17. GE's LM2500 gas turbine equipped on Korean Navy's KDX-III Aegis Destroyers
“We aim to become
a localized global company,
making great contributions
to the industrial
advancement of Korea.”
- Chris Khang, President and CEO, GE Korea
GE promotes a mutual growth and joint development with Korean companies and government
authorities by making a concerted effort to maximize our innovation capacity, while remaining
committed to making long-term cooperation and efforts for localization.
GE works with customers, partners and government to mutually deliver long-term growth,
leveraging Korea's strong capabilities and our strong global strengths; scale & expertise and
network to deliver locally and globally together.
Actively help to
solve the toughest
challenges in Korea
Position as a company
most desired by Korea's
talents to work for
Grow together with
customers and local
communities
Vision
Strategy
30 GE in Korea 31
Vision & Strategy
18. GE actively seeks shared growth with our customers by nurturing engineers and technicians who lead
innovation in Korea. GE Ultrasound Korea, located in Seongnam, Gyeonggi Province, is GE's largest R&D
and production site for ultrasound systems. GE Ultrasound Korea performs extensive R&D activities
in the fields of radiography, general imaging, and women's health to foster innovation in Korea's
healthcare industry.
GE Healthcare also develops mammography systems in Korea that reach women in global markets to
provide greater access and the kind of quality personalized care only they can offer.
Leveraging Korea's excellence in IT and engineering capability, GE will contribute to advance innovation
in Korea for mutual growth.
Korean engineers demonstrate remarkable performance in the field of applied technology and IT.
Engineers at GE are committed to R&D activities across GE's businesses.
In order to further enhance our engineers' innovation and technological capacity, GE launched the Korea
Engineering & Technology Council (KETC) where engineers are encouraged to actively collaborate with each
other and learn new technologies. By offering mentoring and career development programs according to
individual attributes and the area of expertise, we plan to support more engineers in Korea to go global
and develop innovative technologies.
GE Ultrasound Korea
located in Seongnam
3332 GE in Korea
Innovation Capability
We maximize innovation capability to grow together
with our customers in and out of Korea.
We invest in strengthening capabilities of Korean engineers.
19.
20. Dynamic Positioning system simulator
at GE Power Conversion Training Center located in Busan
GE is accelerating localization by establishing and expanding R&D facilities as well as manufacturing
sites of its key products and engineering services.
GE provides various solutions across the value chain to Korean shipbuilders.
GE Power Conversion Training Center offers useful training and hands-on experiences to our customers through
simulators such as the Dynamic Positioning system.
In addition, we strengthened local support for EPC companies in Korea by forming a dedicated team to provide
prompt and proactive support for them to win.
GE Ultrasound Korea, which expanded its R&D and manufacturing site in 2014, is going to increase their new
product development efforts where they plan to enhance their R&D capabilities. GE Aviation's On Wing Support
(OWS) has also expanded its site in Korea and continues to strengthen its engineering capability to better support
domestic and international airlines.
Talented individuals at GE are those who take the initiative to meet tomorrow's challenges and
help shape what the future holds for business, technology, society.
GE develops and nurtures talents across all businesses and functions including sales, finance and engineering.
We invest in our leaders of tomorrow by hiring excellent talents in Korea and providing advanced training
opportunities. Being a leadership and learning pioneer for more than a century, we equip and inspire employees to
grow as global leaders. By utilizing GE's leadership development assets, we continue to nurture early-career and
experienced employees as well as customers to provide a foundation and catalyst for further growth.
GE Works
"We support drivers and
pedestrians' safety with effective
lighting systems designed
for nighttime."
Build
- Jae Hwan Jeon, GE Lighting
"We take pride in contributing
to national defense and exports
in the aviation industry."
Move
- Youngje Kim, GE Aviation
"We support our customers'
success by reducing energy cost
for power generation and carbon
emissions for the environment."
Power
-MyungSooJang,GEPower&Water
"We support safe and deliberate
diagnosis by developing
ultrasound systems that offer
performance and convenience
for doctors and patients."
Cure
- Doo Young Kim, GE Healthcare
Invest in our people is where our localization starts and ends.
3736 GE in Korea
Strong Localization
We expand our businesses through localization efforts.
21. Across all businesses and regions, GE's commitment to integrity
enables our success. Every employee commits to follow "The
Spirit & The Letter," which establishes the policies and standards
identifying key areas of compliance and integrity at GE.
We maintain a compliance culture where every employee
acknowledges and anticipates risk, commits to doing the right
thing, and knows or knows how to find the right answer.
GE holds its leaders accountable to build this culture and establish
an environment that demands ethical and compliant behavior.
Compromise is not an option for any business value when it comes
to compliance and ethical management. Employees can freely
raise integrity concerns through various communication channels
without fear of retaliation.
GE's compliance policies must be followed by anyone who works
for or represents GE, including GE employees and third parties
such as consultants, agents, sales representatives, distributors
and independent contractors. GE's long-standing reputation for
being honest, fair, trustworthy and law-abiding strengthens our
relationships with customers and ultimately, distinguishes GE in the
marketplace.
Every employee at GE pledges to follow compliance code of conduct based on "The Spirit & The Letter."
GE's Integrity Strategy
Risk Assessment
and Abatement
Concern
Reporting &
Resolution
Leadership
Engagement
Evaluation
Communication Training
'GE Volunteers' is a global network that facilitates and supports volunteering activities to improve life in the communities
where GE people live and work. 'GE Volunteers' in Korea is spending more than 1,000 hours every year for various
volunteering activities, supporting children suffering from Down-syndrome, making Kimchi
for disabled communities, and planting trees to improve local environments.
We also invest in continuous learning and leadership development. Since 1992, GE Korea has been supporting more than
140 undergraduates majoring in Natural Sciences, Engineering, and Business Administration through the 'GE Scholar-
Leaders Program.' GE is also fostering future leaders of Korea through affiliated programs such as 'GE-McKinsey Leadership
Workshop' and 'GE-Ewha Leadership Challenge.' Since 2010, GE Korea's iconic internship program called, 'GE
URP (University Relations Program),' has been providing an unbeatable combination of skills, experience, and knowledge
through extensive training and assignments for undergraduates.
In addition, we have hosted 'GE Global Customer Summit' since 2005, providing an opportunity for executive customers to
gather and discuss topics of shared interest with an aim to help drive their success and opportunities to further collaborate.
"Healthymagination Walk" held at the Cheong Gye Square in Seoul to raise awareness of breast cancer
38 GE in Korea 39
Sustainable Management
We help to build the communities where we operate.GE is committed to maintaining a world-class compliance
culture in every GE business.
22. “We will put our best efforts to solve the toughest
challenges in Korea with our customers and partners.”
GE continues to strengthen localization efforts and expand partnerships across all businesses
in Korea. We drive mutual growth in domestic and global markets by sharing best practices
and technologies. Every leader and employee at GE Korea is committed to pursue business
based on our strong integrity standards and further grow as a trusted partner of choice as
well as a good corporate citizen in Korea.
1. SB Ahn, Power Conversion
2. Steve Park, Olympics
3. Kirby Luke, Aviation
4. Dean Park, Oil & Gas
5. Myungmin Song, Lighting
6. Chris Khang, President & CEO, GE Korea
7. Sia Moussavi, Healthcare
8. Woonsik Ha, Power & Water
9. Jeong Hee Lim, Healthcare
10. Sherwood Dodge, Capital
11. Eunice Lee, GE Korea
12. Jaitark Yoo, Transportation
4
3 7 9
1 5
2
6
8
11 12
10
40 GE in Korea
Commitment for Korea