e
GE’s Financial Management Program
Sean Triplett
Finance Manager, Global MRI Business
GE Medical Systems

e
• Education
– Indiana University, BS ‘94 Finance and Business Economics &
Public Policy
– Bellarmine College, MBA ‘99
• Work Experience
– McDonnell Douglas Corporation (1994-1996)
• Fiscal Analyst, Fiscal Development Program
– GE Appliances (1996-2002)
• Financial Analyst, After-market Parts Sales
• Finance Manager, Six Sigma Quality
• Finance Manager, Home Products & Services Sales Channel
• Finance Manager, Bloomington Production Operations, LLC
– GE Medical Systems (2002-Present)
• Finance Manager, Global MRI Business
Eight Years Corporate Finance Experience

e
Strategy
Critical Thinking
Analysis
Reporting
Controllership
Corporate Finance at GE can be described as all the financial activities required to successfully run a business: accounting, budgeting, financial analysis, cash management, and treasury operations. It is operational in nature, not deal financing or investment banking.
Adding Value and Leadership to the Business

25
20
15
10
5
0 e
Professional Background of Top CEO’s...
1970’s 1980’s & 1990’s
15
10
5
0
30
25
20
Finance Has Become The Preferred Road To The Top

e
• Role Model Integrity (Controllership)
• Grounded in Reality
• Drive Business Process Discipline
• Understand Strategy & Integrate Decisions
• Provide Consistent & Meaningful Financial Information
• Have Independent Views (“Raise the Flag”)
• Be a Catalyst... Drive the Business to Make Hard Choices
• Develop Individuals & Teams (Technical Competency)
• Bottom Line Focus & Impact
• Engaged in Operations (“In the Boat”)
Not Just Counting the Beans, but Growing the Beans

e
GE Focused
Coursework
Rotational
Assignments
Leadership
Training
Financial
Management
Program
Mentoring &
Networking
Exposure
Continuous
Feedback
Emphasis on Total Development . . .
Financial, Leadership and Personal

e
Financial Planning &
Analysis
• Product Line Profitability
• Long/Short Term Forecasting
• Variance Analysis
• Risks & Opportunities
E-Business
• Customer Web Centers
• E-Auctioning
• Fulfillment
Challenging Work
Structured Assignments
• Defined Deliverables
• Regular Reviews
Diverse Experiences
Sales & Marketing Finance
• Pricing
• Orders Analysis
• New Product Introduction
Quality
• Six Sigma Tools
• Root Cause Analysis
• Variation
• Span
Business Development
• Due Diligence
• DCF Analysis
• Deal Structuring
Accounting/Auditing
• Financial Reporting
• Closing the Books
• Accounting Standards
Operations Analysis
• Mfg. Cost Analysis
• Sourcing
• Supply Chain Management
Key To Development Is Variety Of Experience

e
Strategy
• Case Study Based
Controls
• On Line meetings
• Web-Based Self-Study
• Classroom Sessions
• Classroom Sessions
Operations
• CD-Rom Based
• Risk Assessment and
Foundations
• CD-Rom Based
• Interactive Self-Study +
Classroom Sessions
• Interactive Self-Study + Mitigation
Classroom Sessions
• Controllership
• Audit Processes
• Cost Management
• International Operations and
Related Risks
• Financial & Management
• Financial Services
• Operational Strategy
• Competitive Analysis
• Customer Economics
Accounting
• Business Planning
• Financial Statement Analysis
• Process Improvement
Develops a Common Functional Skill Set

e
Financial Skills
• Working Knowledge of Financial Accounting, Management Accounting and Business Measurements
• Analysis of Drivers, Relationships and Results, Clearly and Concisely Communicated
• Ability to Quantify Benefits, Risks and Outcomes
Basic Courses Advanced Courses
Critical Thinking Skills
Finance Skills
Working Knowledge In-Depth Understanding
Critical Thinking Skills
• Analyze Situations and Strategies Against Logical Criteria, Evaluate Potential Outcomes
• Move from Factual Results to Root Causes, Combine Knowledge, Experience & Judgement with Data
• Evaluate Information, Anticipate Consequences and Develop Recommendations
We Want You to Build Skills, Not Merely
Accomplish Tasks

e
Amanda
Graduated From FMP Plastics,
Pittsfield, MA
Trevor
Graduated From FMP Medical Systems,
Milwaukee, WI
• GE Plastics, Pacific Operations Financial
Analyst (Singapore) (18 Months)
• GE Audit Staff, Associate Auditor (2 years)
• GE Capital, GEFA -- Marketing Financial
Analyst (18 months)
• GE Capital GEFA -- Senior Financial Analyst,
Variable Annuity Product (1 year)
• Current Position: Finance Manager,
GECS Card Services – Exxon/Mobil
• GE Audit Staff (1 year off-program)
• Associate Auditor (18 months)
• Capital Audit Manager (1 year)
• Capital Senior Audit Manager (1 year)
• Capital Executive Audit Manager
(18 months)
• Current Position: CFO, GE Insurance Holdings
The Training is Universal…The Experience Is As
Individual As You Are

e
A Look at the Experience of the 20 Largest Business CFO’s Shows …
Average Years with GE 18
FMP Graduates 70%
Corporate Audit Staff Experience
Average Number of GE Businesses
65%
4
Global Experience
Cross-Functional Experience
60%
35%
External Experience 30%
…and 50% of these Businesses CEO’s came through FMP/CAS!
FMP & Corporate Audit Staff are Global & Multi-
Business Experiences that are Highly Valued