GE
Country
United States
Sector
Miscellaneous
Offices
-
Employees
-
Brand value
$37,161m
Brand rating
AA
Enterprise value
$435,751m
Value / market cap
8.5%
User rating
Market cap
* For banks, enterprise value is substituted with market cap. Source: Bloomberg Finance L.P.
League tables
GE appears in the following brand league tables:
Rank 7 in the
Global 500 2013.
Rank 7 in the
Global 500 2012.
Rank 7 in the
Global 500 2011.
Rank 6 in the
Global 500 2010.
Rank 6 in the
Global 500 2009.
Rank 6 in the
Global 500 2008.
Rank 7 in the
Global 250 2007.
2013 brand performance*
Brand value
$37,161m
Brand rating
AA
Enterprise value
$435,751m
Value / ent. value
8.5%
* Figures taken on 31st December 2012.
2012 brand performance*
Brand value
$33,214m
Brand rating
AA+
Enterprise value
$468,286m
Value / ent. value
7.1%
* Figures taken on 31st December 2011.
2011 brand performance*
Brand value
$30,504m
Brand rating
AA+
Enterprise value
$475,066m
Value / ent. value
6.4%
* Figures taken on 31st December 2010.
2010 brand performance*
Brand value
$31,909m
Brand rating
AA+
Enterprise value
$582,925m
Value / ent. value
5.5%
* Figures taken on 31st December 2009.
Brandirectory user rating*
* Average values from a total of 4 votes.
Mission statement
GE works on things that matter. The best people working together and the best technologies taking on the toughest challenges in energy, health and home, transportation and finance. We help build, power, move and cure, delivering unique value and productivity to our customers and the world.
Company history
GE is a multinational corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut. From Thomas Edison’s first commercially viable light bulb to the first X-ray machines, GE has continued to redefine what’s possible for the world.GE traces its beginnings to Thomas A. Edison, who established Edison Electric Light Company in 1878. In 1892, a merger of Edison General Electric Company and Thomson-Houston Electric Company created General Electric Company. GE is the only company listed in the Dow Jones Industrial Index today that was also included in the original index in 1896.
Today, GE has a strong set of global businesses in techonology, infrastructure, and finance aligned to meet today’s needs, including the demand for global infrastructure, and growing and changing demographics that need access to healthcare, finance, and environmental technologies. The company operates in four major sectors: Energy, Technology Infrastructure, Capital Finance and Home & Business Solutions.
In 2012, Fortune ranked GE the 6th largest company in the U.S. Other 2011 rankings include #1 company for leaders (Fortune), #63 green company (Newsweek), #13 most admired company (Fortune), and #19 most innovative company (Fast Company).
Brand history
The GE brand was introduced in the 1890s. At that time, it was more of a logo than anything else. Over the years, the logo(or monogram) evolved to represent a company focused on progress and solving tough problems.
The brand has been placed on everything from light bulbs, to jet engines, silicone, to real estate. GE prides itself in being both a business-to-business brand as well as a consumer brand. The brand stretches to represent Nobel prize winners, entrepreneurs, scientists, business people, factory workers, retirees, and more. The common thread of the brand is leadership and innovation. The monogram and everything it stands for has stood the test of time and will continue to serve as GE’s brand symbol for years to come.
In 2004, CEO Jeffrey Immeltdecided to evolve the brand so that it would represent GE for the 21st century: a unified group of businesses operating throughout the world. The changes included a new corporate color palette, small modifications to the GE logo, a new customized font (GE Inspira), and a new slogan, "imagination at work" replacing the longtime slogan "we bring good things to life", composed by David Lucas.
By 2011, we had achieved our goal in brand building and evolved our positioning to focus on the idea of “GE Works”. Using the same tagline, we focus on GE’s ability to truly solve and make what we are thinking about. With this evolved strategy, we debuted additional elements to our design, taking advantage of our logo and expanding our system to illustrate how GE makes an impact on the world we live in.
Geography and products
Global Headquarters: Fairfield, CT, USA
GE does business in over 100 countries worldwide, offering solutions in energy, health and home, transportation and finance.
Perceptions of the brand vary slightly by market. In some areas, such as the U.S., GE is most known for its appliances and lighting businesses. In Australia, GE is better known as a financial services provider, and in many parts of Europe as an energy provider.
What products are being sold globally: GE’s products are sold globally.Regional variances in product (i.e. standardized or localized): GE works to provide the right product for the local market. In the healthcare field for example, GE has developed infant baby warmers and EKG machines specific to the needs of India, where its vast geography demands that healthcare instruments are more portable, durable and streamlined.
Logo
Who the logo was designed by: The logo was designed by an engineer employed at GE.The letterforms came first and the circle with the curls arrived from a merger with another company a few years later.
When it was first introduced: GE’s logo, also known as the “Monogram,” was first designed in the late 19th century as cursive letterforms for “GE” and has largely remained the same since 1900 when it evolved into the stylized circular form known today across the globe.
What it stands for and symbolizes
As the primary visual symbol for GE, the Monogram reflects the company’s heritage and customer-centric philosophy of being friendly, open, approachable and a part of the world we live in.
Strapline
For our customers, it represents our promise to works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing.
GE Works overview
Advertising
GE Healthcare
GE Transportation
GE Aviation US
GE Aviation Cardiff
Data visualization: Healthcare
PR
PR activities the brand is or has been involved in
Any memorable PR campaigns / moments
CSR activities the company is involved in.
2011 GE Annual Report: http://www.ge.com/ar2011/pdf/GE_AR11_EntireReport.pdf
2010 GE Citizenship Report: http://files.gecitizenship.com.s3.amazonaws.com/wp-content/uploads/2011/07/ge_2010_citizenship_report.pdf
2010Ecomagination Annual Report: http://www.ecomagination.com/progress/overview/
2010 Healthymagination Annual Report: http://www.healthymagination.com/progress/overview/
Sponsorships
Olympic Games: GE provides a wide range of products and services that are integral to the success of the Olympic Games. GE works closely with the Organizing Committees, local municipalities, and other partners to understand their needs and deliver solutions that only GE can provide.
Formula 1: GE’s partnership of the Caterham F1 Team provides leading edge technological, R&D and manufacturing resources that will help accelerate the Team’s progress both on and off the track. The partnership also gives GE a high-profile global platform to extensive brand and business opportunities
PGA Golf: GE has joined forces with the PGA TOUR and some of the top golfers in the world to advance its healthymagination initiatives. With cutting edge technologies offered to PGA TOUR players and interactive pavilion on-site at various PGA TOUR events, GE is engaging and educating fans to help them live healthier lives.
Key people
Jeff Immelt
Chairman of the Board and Chief Executive Officer
John Rice
Vice Chairman, GE and President & Chief Executive Officer, Global Growth & Operations
Keith Sherin
Vice Chairman, GE and Chief Financial Officer
Beth Comstock
Senior Vice President and Chief Marketing Officer
Judy Hu
Global Executive Director, Advertising and Brand