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training role is critical corporate role 11/2020 41 Future of Best Practices ? Learn Best Practices from All ? Take Ideas from Anywhere ? Search continuously for ideas ? Implement amp。 Global player 1999 ? Production Capacity 300+ sets/year 11/2020 38 Example GE Plastics Nansha Plant ? Wholly owned plant 1996 (New Shanghai Plant in 2020) ? StateoftheArt Customer Color Compounding using Twinscrew extrusion and Film Calendering ? Technology Computer Process Control Color Development/Matching Physical property Evaluation ? Product Line Lexan Polycarbonate Cycolac ABS Cycoloy PC/ABS Alloy Noryl PPO/PS Polycarbonate Film ? Customer Base Multinational and Local (. Motorola/Legend) 11/2020 39 ? More regional cooperation and trade ? More regional sourcing from Chinese enterprises ? More financial services amp。C Clipsal JV SHENZHEN ?GE Fanuc/Sinopec JV 11/2020 37 Example GE Hangwei ? First GE JV in China 1991 ? Manufacturing and Engineering Center for GE Medical Systems in China ? Focus on CT Products, the biggest CT manufacturer in China from 1995 ? Subsystems Exports 1994 CT Table ? Systems Export 1996 Eu, 1800i ? Regional Sourcing 1993。 manufacturing of light bulbs。 Service Revenue 23295522475010203040506070801980 1990 2020Y ea r$Billions G ood sS er vi ce s11/2020 26 Service Revenue 08182165701020304050601980 1990 2020Y ea r$Billions P r od S er vi ce sFi nanci al S er vi ce s11/2020 27 Growth Through Services Market Driven: Make Our Customers More Productive Lower Their Costs Drive Better Use of Their Assets Help Them to Be More Competitive in Their Marketplace Execution: Continue to Manufacture HighTech, Quality Products Service GE and Our Competitors? Products Focus on Service Technology Ramp。 Service ?GE amp。 J o h n s o nJ . P . M o rg a nM c Do n a l d ’ sM e rc k3MP h i l i p M o rr i sP ro c te r amp。 I ro nU. S . L e a th e rU. S . R u b b e rA l l i e d S i g n a lA l c o aA m e ri c a n E xp re s sA T amp。11/2020 1 General Electric Global Best Practices Charles McIntyre November, 2020 11/2020 2 Topics of Discussion ? Introduction to GE ? GE Financial Results ? Best Practices ?GE View ?Based on Global Companies ?Pro