Sue Siegel's presentation at Catalant's Reimagining Work Summit Fall 2018.

1. The Future of Work:
Perspectives from The Industrial Company of the Future
Sue Siegel, GE Chief Innovation Officer & CEO, GE Ventures
Oct 10, 2018

2. Service/
Experience
Autonomous
Enterprise
Connected/Smart
Centralized
CapEx
Static/Dumb Product/
Feature
Manual
ConsumerDistributed
OpEx
… all while
the pace of change will never be
as slow as it is today!
Times are changing
… a digital revolution
Business models are being reimagined,
with customer experience at the core …

3. 6
In search of productivity
U.S. Productivity Growth
0
0.5
1
1.5
2
2.5
3
%
0
1
2
3
4
5
6
7
8
Korea
Poland
Finland
UK
France
Japan
Israel
Germ
any
Canada
%
OECD Productivity Growth
1996-2005
2011-2016
Source: U.S. Bureau of Labor Statistics Source: The Organisation for Economic
Co-operation and Development

4. 7
Non employee freelancers AI / ML / AR / VR
Temporary assignments
Sharing economy platforms
The Gig Economy The Machine Economy
Blockchain / Cybersecurity
Transforming business, government and society
Automation / Robotics
Source: E&Y
The future of work

5. The investing landscape
New Industrial driving the FOW Notable investing in FOW:
AI/MLAR/VR
Technology trends driving investment
(Includes Drones, Robotics, 3D Printing, Advanced Mfg., Autonomous Cars and Cleantech) Source: CB Insights
Blockchain /
Cybersecurity
3D Printing Robotics
$1B to GM
$450M to Delphi
$15B to Intel
$20B+ valuation
Acquired by IKEA

6. GE: Positioned for growth
Unlocking value across three stand alone companies + GE
Aviation Power
+++
• Leading franchisees solving tough problems with
advanced technology
• Valuable installed base with track record of
increasing asset productivity and improving margins
Renewable Energy
Healthcare
Enabled by Digital, Additive, Capital

7. 1. Driving productivity

8. 11

9. 2. Enabling workers

10. 13

11. 3. Transforming manufacturing and design

12. 15

13. 16
Workforce readiness
BrilliantYOU
Making learning continual, mobile, and
immediately applicable
Learning lead by multidisciplinary team at
GE’s Leadership Development Institute
Brilliant Learning
Training for 150,000 global supply chain
employees
Designed for all levels of manufacturing
Custom-designed and adapted to individual
site needs

14. 17
Balance of Trade
PolicyTechnology
Corporate Social Responsibility Population
Physical Footprint
Looking ahead
The
Future
of Work

15. 18