GE Power CEO: We're Always Looking for M&A

The video discusses GE's growth in the power sector, focusing on the acquisition of Alstom and its integration. It highlights GE's market position, innovations in gas turbines, and the impact of digital tools on efficiency. The future outlook for natural gas and GE's role in energy are explored. Additionally, the cultural shift at GE towards a more digital and nimble organization is examined.

What was the primary reason for GE's acquisition of Alstom's power business?

• To diversify into consumer electronics

• To expand into the automotive industry

• To strengthen its renewables and transmission capabilities

• To enter the telecommunications market

What recent acquisition did GE Power announce to improve gas turbine efficiency?

• A solar panel manufacturer

• A wind turbine company

• A software company in Boston

• A nuclear power plant

How does GE plan to regain its top spot in the gas turbine market?

• By acquiring more companies

• By reducing production costs

• By entering the automotive sector

• By enhancing digital power plants

What is a significant benefit of GE's H class turbines?

• They are exclusively used in the automotive industry

• They are the most efficient and largest in the world

• They are the least expensive turbines available

• They are the smallest turbines in the world

What role does digital technology play in GE's power business?

• It reduces the need for human labor

• It provides new tools for customer efficiency

• It increases the cost of production

• It limits the expansion of renewable energy

How is GE's cultural shift impacting its power business?

• By focusing solely on traditional energy sources

• By increasing corporate costs

• By making the company more rigid

• By fostering innovation and reducing corporate costs

What is a key focus of GE's cultural transformation?

• Increasing the size of its headquarters

• Providing continuous feedback and reducing rigidity

• Eliminating digital tools

• Focusing only on short-term profits