Word: immelt
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Dates: during 2000-2009
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...give Edwards credit for holding fire, and feel the hot, dry winds blowing on this issue. They got Virginia Republican Warner's attention when business leaders like GE CEO Jeff Immelt came out in favor of mandatory caps on carbon emissions, a move that also blew down the straw house of the deny-and-delay crowd. The legislation that Warner has written with Lieberman, an Independent, combines elements of earlier, stillborn bills, and it won crucial backing from California Senator Barbara Boxer, Democratic chairwoman of the Environment Committee. "This is an election issue," she says. "Voters need to know which...
...Yogen Dalal; former McKinsey managing director Rajat Gupta; Vodafone CEO Arun Sarin and 35 of the top 600 executives at GE. Silicon Valley couldn't run without them, and India's booming tech economy has opened up another world of opportunity. "You've almost got too many choices," Immelt said in a speech to the group on Friday. Spend some time in the world of IIT, and engineering almost feels - well, glamorous...
...begged graduates of one of the world's top engineering schools to work for them. Google spent $200,000 to be the lead sponsor of the four-day-long reunion of 3,500 alumni. Microsoft's research center in Hyderabad came calling. The CEO of GE, Jeff Immelt, already employs 1,500 graduates and says he needs more. Stanford? MIT? Harvard? Nope. This was a gathering of graduates of the Indian Institutes of Technology...
...Making a mark in the global economy, however, means becoming a global citizen. "How well do you travel?" Immelt asked. It's a lesson that U.S. workers, too, are starting to learn. Satish Bhat, program manager of Microsoft's development center in Hyderabad, says he's been taking on not just Indians who want to move home, but also "diversity hires" - Americans who want to move to India. "That's where the action is," Bhat says...
...Still, the IIT boosters are aware of the challenges of globalization and those it leaves behind. Immelt said India's success will be defined by its ability "to make the pie bigger." Hillary Clinton, who spoke by satellite to the crowd (a decision that left many at the conference wondering whether she was trying to distance herself from India), asked these engineers, scientists and business people to use their skills to create "a shared prosperity for America and India." IIT graduates helped build the technology that made globalization possible. Perhaps they'll also be the ones who make it work...