A Study Of GE Capital

General Electronic Group includes General Electronic Capital Services, Inc. (GECS) and 'GE', which represents the adding together of all affiliates other than GECS and is mainly related with industrial businesses. This report introduces the GE growth strategy, the structure and the development of GE capital, and elaborates on the internal synergy between GE Capital and other GE businesses. Through analyzing GE Capital's operation principles (including managerial culture, developing model, human resource strategy, and global strategy), this report concludes the key successful factors of GE Capital, which are: (1) GE Capital owns good financing channels; (2) Profit and Loss Centers are the strategic business units of GE Capital; (3) GE Capital has perfect risk management system; (4) Finance department has unique decision power on inspection and controlling businesses; (5) Cash management is the vital operation target of GE; (6) GE Capital is good at grasping any opportunities and dealing with bad debt. According to the above contents, it is granted that, as a successful finance company, the essential spirit of GE Capital is its unique management system and corporate culture. And for a finance company affiliated to a corporate, the basis to achieve success is the straight financial channel and low-cost financing.