How GE CEO Jeff Immelt Is Transforming GE

The transcript discusses GE's transformation under Jeff Immelt, focusing on its shift from banking to industrial operations, including software development with Predix. It highlights GE's rebranding efforts to attract young talent and its financial strategy to become a leading industrial company. The discussion also covers Immelt's leadership and the company's optimistic outlook.

What major shift did GE make under Jeff Immelt's leadership?

• From globalization to localization

• From banking assets to industrial and software development

• From industrial to banking assets

• From software development to healthcare

What is the purpose of GE's Predix operating system?

• To compete with Apple iOS

• To replace Google Android

• To enhance healthcare services

• To manage industrial equipment

How much revenue did GE's software division aim to generate by 2020?

• $30 billion

• $20 billion

• $10 billion

• $5 billion

Why did GE relocate its headquarters?

• To attract young talent and rebrand

• To focus on healthcare

• To reduce operational costs

• To expand its banking division

What percentage of GE's earnings were projected to come from industrial sources by the end of 2017?

• 100%

• 90%

• 70%

• 50%