Over the last four years I have learned a little humility. Every time I saw the word “anemic” next to our growth rate, I wanted to scream, “Yeah, but …” Then I remembered those old offensive line days, what it felt like to “play hurt.”
Now we feel better. Because our team got better. We are a little more confident and a little less arrogant. We invested in the Company to create a faster-growth portfolio. We built consistent growth capability with technology, services, globalization and commercial excellence. We changed the culture, developing a generation of growth leaders. We played offense while others played defense. We performed.
We are greatly indebted to you, our long-term investors. You have trusted us and you believed in us. And you patiently waited for 2005, when GE would fire on all cylinders.
The future is now. GE is better positioned than ever. This is our time.
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February 11, 2005
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