Teaming Up to Win the Rail Deal at GE A
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I once again worked closely with a client in a new assignment of their large rail project. Although our last assignment was with them, they made us re-read the project and bring out the best of their team. So the initial phase of this project required us to go through the rail industry’s best practices and compare them to the client’s existing systems, and then create an optimized solution that met the client’s needs and was also cost-effective. Based on the passage above, How did the client’s large rail project require re-reading the project and bringing out the best
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I’ve always been fascinated by GE A’s ability to combine rail and power. The rail division is responsible for railroad freight transportation in many ways. This business has grown exponentially over the last decade, thanks to the booming economy and growth of the railroad industry worldwide. helpful hints So it’s no wonder that the rail division is a major business unit at General Electric. But with the rail division being responsible for such a critical business, the division had always been one of the largest in terms of capital investments, with over $30 billion
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In the world of business, teams are the future of innovation and success. They work harder, faster, and smarter than solipsistic individuals. And when it comes to winning big deals, teams work even harder, faster, and smarter than individual brains. In 2016, General Electric (GE) faced an existential threat from rival United Technologies Corp (UTC). This is a major, global industrial conglomerate with more than 70,000 employees and $30 billion annual revenue. UTC had been
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As the President of the American Railway Association, I’m thrilled and proud to announce that GE A’s long-awaited passenger train deal has finally gone through. And I’m glad to say it is another step towards GE A’s ambitious goal of becoming the largest rail maker in the world by 2025. This is a big deal for GE A and its shareholders. For years, rail makers have been struggling to find a buyer for their trains. With its experience in airplanes, locomotives,
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In my company, we have been working with General Electric (GE) A for quite some time now, having won some big projects, including the GE Fuel cell system, the first-ever commercially successful fuel cell system used on a locomotive in the world, and the 2nd generation of the GE 90-220 locomotives, which has set the industry benchmark. This project’s success story is very unique. I will write around 160 words about our project and its success. In our project, GE’s A
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The team of me and my mentor, a seasoned and experienced executive in GE A’s Rail Deal, did not start from scratch. We have had the opportunity to work together in many high-level strategic consulting projects, both internal and external, in the past. We had been working on a project to revamp GE A’s Rail Deal and had put in more than 500 hours over six months. The initial concept was a “best practice” paper, that is, a proposal that outlined the high-level aspects of the proposed