On June 26, GE announced a major change in how we run the company, focusing decision-making in the businesses and empowering our leaders with tools and responsibilities to drive growth and innovation — not from the center but from deep in our businesses.
The Australian Rail Track Corporation (ARTC) is on a mission to make rail the transport mode of choice in Australia. With billions of dollars worth of recent infrastructure upgrades in place, it is now set to further digitise network control and transform its operational efficiencies, offering the mining operations of the Hunter Valley the most cost-effective path to world markets, and providing manufacturers, agricultural producers and passengers a more efficient network.
The digital economy in the U.S. is already on the verge of stalling. Failing to foster innovation and technological growth would further erode the nation’s competitiveness across technologies, from smart cities to self-driving cars, writes Bhaskar Chakravorti of Tufts University. He researched and quantified factors that influence innovation in 60 countries, and he says America's digital leadership could be on the wane.
Whether it is early man’s first use of fire or the birth of the space shuttle, innovation has always been the major catalyst behind the success of mankind. Some of these breakthroughs brought about immediate change, while others humbly laid the groundwork for important developments down the road.
GE is a company with world-leading experience operating throughout this ecosystem, whether that’s upstream production or generation and delivery. This is a landscape we understand, and it’s a landscape which is experiencing huge transformation. Here are 9 key areas to look out for.