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New Financial and Statistical Measures to Monitor The Success of GE

To : The Board of Directors, GENERAL ELECTRIC COMPANY Subject : NEW FINANCIAL AND STATISTICAL MEASURES TO MONITOR THE SUCCESS OF GENERAL ELECTRIC COMPANY After Mr. Weltch announced my new assignment, I pondered how I could go ab ....

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.... with a corresponding one of 2.1% for manufacturing. Today nearly 60% of GE's profits comes from services -- up from 16.4% in 1980.2 This is our new direction and therefore my target is to find these measures that are going to help us understand how the business is going to perform in that particular field. I also consider that our attempt to expand internationally is extremely important and in a way is something new for us. International operating profit was $3.0 billion for 1995 compared with $2.3 billion in 1993.3 This extremely rapid expansion hides a ....

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