Word: ge
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Dates: during 2000-2009
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Ever notice how ordinary light bulbs cast a yellowish glow around your rooms? The new GE Reveal bulbs produce a crisper, whiter light that is much closer to natural sunlight and makes colors look brighter. Ideal for kitchens or work areas around the home, the powder-blue bulbs are no more expensive than regular ones. The secret ingredient is neodymium, a rare earth element that is baked into the glass to help filter out the usual yellow...
...good labor relations to contingency plans. Smart CEOs avoid across-the-board layoffs, instead making careful cuts that don't deplete their talent pool. And the savviest bosses stay aggressive, often using downturns to "become savvy acquirers," says Orit Gadiesh, chairman of Bain & Co., a Boston-based consulting firm. GE Capital, for instance, went on a buying binge during the Asian financial crisis a few years ago. Above all, while mediocre firms often flail around for a new strategy to deal with a downturn, the best companies just keep on doing well what they've done well before. Here...
CHERIE BOOTH Lawyer She is better known for her ceremonial post as the wife of British Prime Minister Tony Blair than for her day job as a lawyer, but that didn't stop GE from hiring Booth to help with its appeal before the European Commission in the company's attempt to buy Honeywell. The move was blocked in July over antitrust concerns. Booth, 47, a mother of four, has worked primarily in employment law, and last month joined a new firm specializing in human rights...
...economic slowdown has been feeding time for GE Capital, which is busy scooping up distressed assets, but it's a decidedly different experience for the $6.8 billion-in-sales NBC network. Like all other media, the network is suffering through a painful advertising slump. The current woes, however, haven't convinced Immelt, who's being counseled on the vagaries of the broadcasting business by NBC boss Robert Wright, that he has to marry NBC to a wider media portfolio, whether a Hollywood studio or a cable company. He says he has no plans to sell NBC, though he'd like...
...tease employees than scold them to get his point across. "If you, say, missed your numbers, you wouldn't leave a meeting with him feeling beat up but more like you let your dad down," says Peter Foss, a longtime friend and colleague of Immelt's and president of GE Polymerland, part of its plastics business...