Archives for : December 2011

Looking Forward to the 2012 Adventure

The GE for CEE blog was born in mid 2011 and the GE team of 12 has strived ever since to offer our readers insights from some of this year’s hotspots. Just to name a few – the 21st Economic Forum in Krynica, the preview for the 2012 London Olympic Park, the launch of the Polish GE Innovation Barometer, the European Forum for New Ideas, GE’s Healthymagination Challenge, the opening of the European Lighting Experiment Center in Budapest, the first GE aircraft engine designed outside the US in the Czech Republic, the tenth edition of the GE Healthcare’s Bridge of Health walk in Budapest, Water Is the New Oil - ExpoApa conference in Bucharest and Raising the Temperature for Innovation with a breakfast meeting organized by GE at the European Parliament.

It’s Better to Act Now

Guest post by Leslaw Kuzaj, GE CEO for Poland, and Cristian Colteanu, GE’s President and CEO for Romania, Bulgaria and Moldova

What could bolder thinking and leadership bring to CEE countries? What can we do to move partnerships ahead? Most of the CEE countries are now members of the EU, while Poland is currently holding the EU presidency, therefore we would all benefit from the major progress of reinvigorating the transatlantic economic partnership. On the other hand, these nations have gone through a system transformation, they are more open to change than the organically developed Western part of Europe.

Observatory on New Europe, 2011

Guest post by Valerio De Molli, Managing Partner of the European House-Ambrosetti.

Though the focus of this guest post is the competitiveness ranking of the “new Europe countries, the reality is that the entire CEE region seems to stand out as a relatively competitive region with stronger fundamentals. While rankings are always based on certain data points, for example R&D spending/GDP in this case, we know from our GE Innovation Barometer that when funds are allocated in a more structured, efficient and collaborative way and with a focus on market demand, they can have a much bigger impact.

Power Ring Road – Energy Roadmap 2050

This Friday, December 16th 2011, the representatives of the European Commission, the Polish government, as well as energy business leaders will discuss the strategy for creating a low-emissions economy in the European Union by 2050. The strategy was set out by the EC in the document called “Energy Roadmap 2050 and investment needs in sustainable energy technologies”. It will be introduced during the Power Ring Conference, with commentary from European Commission officials and representatives of the Polish Government. Companies operating in the energy sector expect and require a stable policy and a transparent regulatory framework in order to be able to plan their investments appropriately.

Slovenia, the Most Competitive

A finding of a comprehensive regional research was revealed yesterday at the “Observatory on New Europe” conference in Budapest, organized by The European House-Ambrosetti on behalf of a pool of leading international companies: GE, Enel, Prysmina, CIB Bank, ING International. The study examines the competitiveness of the so-called “New Europe” countries (Poland, the Czech Republic, Slovakia, Hungary, Romania, Slovenia, Croatia) and their future prospects given the financial and economic crisis.

Personal Growth from a Global Perspective

Over 150 European GE top leaders (EB) from both industrial and capital businesses gathered at Hilton Arc de Triomphe Paris to take part in the 2011 EMEA EB Summit. There were 15 speakers and guests from GE’s highest management, as well as external participants. The summit focused on topics ranging from global economy and growth, scenarios for European Union’s future, GE in Europe, through multigenerational workforce, emerging trends in society, technology and business to important GE initiatives such as Ecomagination or diversity.

Speedy Innovation in Partnerships

Michael Harsh, GE Vice President and Chief Technology Officer for GE Healthcare, visited Hungary recently to meet local stakeholders and Hungarian colleges. During his travel he explained his idea of how R&D expenditures can be doubled within the next 10 years in Hungary. Please read the English translation of an interview he gave to Napi Gazdaság, Hungarian economy daily, or follow this link for the original article in Hungarian:

Apply for the Opportunity of Your Life!

I was one of the 32 students who were selected to participate in the GE Foundation Scholar-Leaders Program. This unique opportunity makes it possible for us to get closer to a world-famous company, improve our managerial skills and meet different cultures, not to mention the financial part of the award. As a GE Foundation Scholar-Leader, I invited some of my friends from the region to share in this post  their thoughts on the benefits they experienced when participating in various scholarship programs.