6 Growth Leaders We develop leaders with a love of learning, a passion for building teams and a desire to grow. ge 2006 annual report 33 Led by President and CEO John Krenicki, Energy generated earnings of $3 billion in 2006, an increase of 13%. With innovative products such as the Jenbacher gas engine and LMS100 gas turbine, Energy is generating new growth through new product lines. With greater customer focus through Net Promoter Score and Lean workouts, Energy is improving customer service levels and reducing equipment repair times. Energy is growing globally to meet the unprecedented demand for energy with record orders for wind turbines and a resurgence in gas turbine orders. The power of Growth as a Process is exponentially multiplied when executed by teams. The Energy team is a great example. Pictured here are John Krenicki and his leadership team in action in Schenectady, New York during one of their monthly global operations reviews.

Our People What makes GE people different? Their thirst to learn and their ability to deliver as a team. The idea of teams is simple but the reality of delivering as a team is not. It requires a culture that values the long view, harnesses change, takes risks, embraces mutual accountability and practices patience. None of this is easy in the competitive world of business. To stay sharp, GE invests $1 billion a year in training. GE is known for its culture of management and learning, innovation and teamwork. New training courses such as the Leadership Innovation and Growth (LIG) program ensure that our most senior leaders never stop learning by engaging them in team-based training. The program’s team-centric approach cultivates a broad view of the business, expedites best-practice implementation and establishes shared accountability to create growth. 34 ge 2006 annual report