X420: CAREER PERSPECTIVES

• Personal Background

• Research and Risk

• A Career in Finance

• General Electric Financial Manger

• A Corporate Example - GE

CAREER BACKGROUND

BigCompany

SmallCompany

ManufacturingCompany

Mergers &Acquisitions

ManufacturingOperations

ServiceIndustry

Middle TierCorporation

Either A) Good Perspective or B) No Career Direction

FinancialOperations

DO YOUR HOMEWORK

TheRoadLess

Traveled

FINANCE CAREERS - THE 1970’S

0

5

10

15

20

25

Gen'l MgmtLegalFinancialEngineeringProductionMarketingOther

Professional Background of Top CEO’s

Road toNowhere -

or to theTOP?

FINANCE CAREERS - THE 80’s & 90’s

0

5

10

15

20

25

Gen'l MgmtLegalFinancialEngineeringProductionMarketingOther

Professional Background of Top CEO’s

PreferredRoadto theTop

DominantImportance of

FinancialSavvy

MODERN FINANCIAL MANAGER

• Leadership

• Communication

• Financial and Strategic Planning

• Accurate and Timely Reporting

• Measurement and Control

YTK FINANCIAL MANAGERKnow & Use the Web ! ! !

Yesterday...Today...

Tomorrow...

All in One Job ! ! !

FINANCIAL MANAGER

e

GE FINANCIAL MANAGER

Leadership Excellence

Integrity

•Compliance

•Controllership

•Global Mindset

•Business Partnership

GE Corporate

Values •TechnicalCompetence

•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 & ControlInformationSystems

Lighting

Medical Systems

Motors & Industrial Systems

NBC

Plastics

Power Systems

TransportationSystems

WHO ARE WE?

Entry Level Experienced

• Corporate ProgramsFinancial Management Program - FMPTechnical Leadership Program - TLPInformation Management Leadership Program - IMLPHuman Resources Leadership Program - HRLP

• Business Specific Programs

• Direct Placement

• 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 Developmen

t

PersonalGrowth

Technical Coursewor

k

FMPFMP

FMP - WORLD CLASS FINANCIAL TRAINING

WHAT’S IN A NAME?

eFinancial Strength

Leadership

Diversity ofBusinesses

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!