Jeffrey Immelt


Last quote by Jeffrey Immelt

It's a practice that in retrospect, I wish we hadn't done. It was never something I approved. I never talked to the guy in corporate air,
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Nov 16 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Jeffrey Immelt is associated, including GE and Baker Hughes. Most recently, Jeffrey Immelt has been quoted saying: “He "worked 100-hour weeks with more than 60 percent of my time on the road.” in the article Metaphor for G.E.’s Ills: A Corporate Jet With No Passengers.
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Jeffrey Immelt quotes

Jun 28 2017 - China

We're true to who we are, we stand up for things, so I'd be the first to say that this country needs a bilateral relationship with China. The notion that the two largest economies in the world don't have a meaningful bilateral relationship, I don't know how many people in this room think that's a good idea. I don't get

Jun 28 2017 - China

We're businesspeople. We should participate politically when it's meaningful or when we should, but most of the time, we should just run our companies and run them

Jun 16 2017

I'll say that will stand the test of time. Let other people make their own

Jun 15 2017

Europe to a certain extent, has become a cartoon … You've allowed yourself to be portrayed as not as

Jun 15 2017

Is it as easy as I'd like to see all the time? No, of course not. But this region has a good chance to be

Jun 15 2017

We are long Europe … we have always found Europe a good place to be . When everybody else was getting out we were getting in. And so, we are very vested in Europe … it's a productive workforce. So people who sit someplace else in the world and all they do is read the newspaper, they don't come and invest, versus people like us who acquire companies, who have had to make a go of it on the ground. You have a very different impression when you're on the

Jun 15 2017

Most of the people that think that work is totally going to be displaced are people that have never done work, I think if you've actually run a factory … you know most of this is just bullshit. And so, I would call myself more a realist than an

Jun 15 2017

There's 330,000 people that work for GE and none of them had a productive day yesterday, none of them had a completely productive day. So my own belief is that when it comes to digital tools and things like that, that first part of the revolution, is going to be to make your existing workforce productive. I think this notion that we are all going to be in a room full of robots in five years … and that everything is going to be automated, it's just BS. It's not the way the world is going to

Jun 12 2017 - Protectionism

We're in an era when some very basic assumptions about the global economy are being tested - an era when trust in big institutions is so low that the most valued 'strategy' is simply change in any

Jun 12 2017

John is the right person to lead G.E. today. He has broad experience across multiple businesses, cycles and geographies. He has a track record of success and led one of our most essential

Jun 01 2017 - Climate change

Disappointed with today's decision on the Paris Agreement. Climate change is real. Industry must now lead and not depend on

May 12 2017

We're not going to have as many

May 05 2017 - Protectionism

All of our global competitors have some form of a border adjustment. Isn't it worth a debate?feedback

May 05 2017 - Protectionism

Because of these factors, we are not going back to a pure free trade world. But is protectionism the answer? I guarantee you ... we have the most to lose through protectionism. We will not grow if we don't trade with people. All of our global competitors have some form of a border adjustment. Isn't it worth a debate?feedback

Apr 27 2017

So, I don't think it's something we should do every day, but I do think we're also stewards of our companies, we're representatives of the people that work with us, and I think we're cowards if we don't take a position occasionally on those things that are really consistent with what our mission is and where our people

Apr 21 2017

We expect the deal to close in mid-2017. We are executing a $2 billion cost out program over 2017 and 2018 to deliver more value to our customers, shareowners, and

Apr 05 2017

We were trying to talk President Trump into doing 'The Apprentice.' ... President Trump goes up to a par of 3 on his course. He goes up to the three of us and says: 'You realize I'm the richest golfer in the world?' Then gets a

Mar 31 2017 - China

The country loses if we don't trade. The relationship with China is key. If you give up on trade, you give up on the best lever that the president of the United States has in negotiating around the world. I just think that President Trump is too smart to give up on

Mar 18 2017

We're all Democrats now. I built my career in a time when productivity, innovation and globalization were essential to success, the way to

Feb 27 2017

We are stripping away years of bad regulatory and economic practices to promote competitiveness. To be clear, our preference is for multilateralism and free trade. We cannot merely blame a dysfunctional government. While tax reform can help, it is unlikely to be the only answer. American business needs to invest

Feb 16 2017

The proof of the pudding is reality. Our orders are growing 25 percent a year. We are kind of first among equals in the industrial internet. We can play. We can do

Feb 15 2017

From an offensive standpoint … but also from a defensive standpoint; every industrial company is going to have to stake its digital claim in terms of how you do a better job with customers, how you can drive costs down, and we can lead this. In the industrial internet world, we have a brain and a body. People just have a brain. I think ultimately the guys that are going to win this are the ones that can deliver these solutions point by point by point. That's how the industrial world

Feb 10 2017

We're forecasting 3-5 percent organic growth, 100 basis points improvement. Good backlog, good momentum. I like the way we're positioned in

Feb 10 2017

We've laid out a plan to do aggressive cost take down. We've got strong organic growth. Between the buyback and the acquisitions, good boost to earnings per share. Our EPS last year was above the XLI. Our organic growth was above the XLI. So again, I like the way the company is positioned this

Feb 09 2017 - Disney

We create great jobs here when we sell our products every place, and I think the president knows that. We don't have to go through Washington on our way to be global. We are global. We've got people all over the

Feb 08 2017

We are running the export play. I think these things like wage arbitrage, that's 1980s. That's what GE did in the 1980s. Now when we globalize it's to sell more. I would say to the President, Look, level the playing field. We can take on any company in the world. Help us do

Feb 08 2017 - Oil

We don't really need trade deals to be able to be effective. We can kind of navigate the world on our own and I am perfectly comfortable doing that. If you look at last year in its totality, really the biggest drain on the company was oil and gas by far. Oil and gas down 35 percent, the rest of the company up 8

Jan 30 2017

We stand with them and will work with the U.S. administration to strive to find the balance between the need for security and the movement of law-abiding

Jan 30 2017

We stand with them and will work with the U.S. administration, to strive to find the balance between the need for security and the movement of law-abiding

Jan 30 2017

We will continue to make our voice heard with the new administration and Congress, and reiterate the importance of this issue to GE and to the business community

Jan 20 2017 - 3D printing

We executed on our 2016 goals and continued to drive growth across our businesses through the GE Store while investing in additive manufacturing and digital technology. We delivered $1.49 of earnings per share this year and 1 percent of organic growth. We reported $32.6 billion of free cash flow and dispositions and returned $30.5 billion to shareowners through dividends and

Nov 22 2016

For someone like us that's an exporter, really we make and sell things around the world, we can navigate the world on our

Nov 15 2016

What President Trump will learn is that, as he travels the world, trade deals give him power. The ability to use trade as an economic negotiating technique make him more powerful. If the President of the United States travels around the world, and has nothing to offer from a standpoint of economic connection, you lose half of your negotiating power. And this guy is a negotiator; he's a

Nov 15 2016

I believe in trade deals, but we don't need trade deals in GE. We're a global company, we sell in 190 countries around the world, we do it from a local standpoint – we're going to keep

Nov 01 2016

The day we announced the Alstom acquisition, we talked about $1.2 billion of synergies. The day we closed it we talked about $3 billion, so I think in some ways our track record speaks for

Oct 31 2016

The transaction assumes a slow recovery (in oil prices), really $45 to $60 per barrel through 2019, and this seems

Oct 31 2016

It gives the Baker Hughes investors a 30 to 40 percent premium including synergies and gives I think a better combined business for both GE and Baker Hughes investors going forward, so we like the

Sep 27 2016

The Donald Trump that I had a chance to work with, I found to be fun to work with. The words? I can't reconcile with anything I believe in, or that I think the country stands for or that the company stands

Sep 23 2016

The bill is not balanced, sets a dangerous precedent, and has real potential to destabilize vital bilateral relationships and the global

Sep 06 2016 - 3D printing

Additive manufacturing will drive new levels of productivity for GE, our customers, including a wide array of additive manufacturing customers, and for the industrial

Sep 06 2016 - 3D printing

Additive manufacturing (3D printing) is a key part of GE's evolution into a digital industrial

Jul 22 2016

The diversity and scale of our portfolio enabled the company to perform well despite a volatile and slow growth

Jul 11 2016 - Pokemon

I'm not a great gamer, so I can't really say how much that's worth – but the industrial applications of this are going to be billions of dollars of

Jul 11 2016 - Microsoft

We can compete. I understand that there's people that haven't done as well as others has as we've globalized. But the fact is that this country is quite competitive. We have great people that work in our factories. We have great products. I would love to see more policies that would help us compete globally versus closing the door on

Jul 11 2016 - Microsoft

Everybody looks at these trade deals and things like that to be for Microsoft and GE or big companies like that. We've already globalized. We have 400 factories around the world. Microsoft is in every country around the world. These trade deals help small companies, not big

Apr 22 2016

The oil and gas environment is

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