Jeff Immelt, GE chairman and CEO, writes in the company’s 2013 Annual Report, which GE released today, about the benefits of looking at innovation with a broad lens.
The theme of the Annual Report, and Immelt’s letter to shareowners, is “Progress,” which, he writes, is reflected in GE’s ability to spread ideas and technology across the entire company.
On the one hand, they’re incredibly deft at helping others. According to Leigh Buchanan’s Meet the Millennials, nearly 70 percent of millennials hold “giving back” and “being civically engaged” as their highest priorities.
In Ancient Egypt there exists evidence of the basic design process of defining objectives, performing research, specifying requirements, iterating while developing solutions, and prototyping before building the final version. The same process is followed today.
Join us for a live Google+ Hangout on Innovation in Natural Gas
Date: Monday, Feb. 24
Time: 2:00pm ET
Use #Energy2020 to submit questions for the panelists.
Our Expert Panel Includes:
When the mythical narrator in the above-quoted Warren Zevon tune found himself in a bit of trouble, he knew he needed three things: “lawyers, guns, and money.”
Innovation, likewise, has its own magic triumvirate solution. But in the case of innovation, it’s not “lawyers, guns and money” – it’s brokers, role models, and risk-takers.
But the rapid pick-up in ridesharing is likely to bridge the distance between people and their destinations, according to transportation technology experts, all while changing the culture of transportation to focus less on exclusivity and more on accessibility and efficiency.
Even though the vehicles move slowly underground, the operators cannot rely solely on their senses, to see what vehicles or people are in their blind spots.