Get Four
Free Issues

Register
Subscribe to BW
Customer Service

Current BW Magazine Table of Contents

August 1, 2005 BW Magazine Table of Contents

August 1, 2005 Creative Corporation Table of Contents





AUGUST 1, 2005
SPECIAL REPORT -- GET CREATIVE!

The Transformer: Beth Comstock
General Electric Co., Fairfield, Conn.

Beth Comstock calls herself "a little bit of the crazy, wacky one" at corporate headquarters. And it's an apt description when you realize she works at General Electric Co. (GE ) Comstock, 44, is charged with transforming GE's culture, famously devoted to process, engineering, and financial controls, to one that's more agile and creative. Chairman and CEO Jeffrey R. Immelt tapped the former communications chief to become GE's first-ever chief marketing officer almost three years ago. The job came with a critical twist: the goal of driving innovation through the company's 300,000-plus ranks.


"Creativity is still a word we're wrestling with," Comstock concedes. "It seems a bit undisciplined, a bit chaotic for a place like GE." More comfortable territory is the term "imaginative problem-solving" -- encouraging people to think "what if?" -- yet always with the aim of driving growth. One of Comstock's first moves was to bring in anthropologists to audit GE's culture. They came back with praise for GE's famous work ethic but noted that employees wanted more "wow" -- more discoveries from the company founded by Thomas Edison.

Comstock has a role whose importance is spreading throughout Big Business -- that of innovation champion. She began by studying best practices at companies such as Procter & Gamble (PG ), FedEx (FDX ), and 3M (MMM ). She brought in a raft of creativity consultants, futurists, and design gurus to lead sessions with different operations. Their names were jolting for GE types: Play, a Richmond (Va.) group that helps execs think differently, and Jump, based in San Mateo, Calif., which researches how people use things. GE is expanding its army of designers to bring businesses closer to customers. And Comstock is staging "dreaming sessions" where Immelt, senior execs, and custom-ers debate future market trends. Comstock concedes some managers view the workshops as a waste of time. "We have a long way to go," she says. But for GE, there's no turning back.



By Diane Brady in New York

 BW MALL   SPONSORED LINKS
Buy a link now!

Get BusinessWeek directly on your desktop with our RSS feeds.XML

Add BusinessWeek news to your Web site with our headline feed.

Click to buy an e-print or reprint of a BusinessWeek or BusinessWeek Online story or video.

To subscribe online to BusinessWeek magazine, please click here.

Learn more, go to the BusinessWeekOnline home page

Back to Top
 
 
TODAY'S MOST POPULAR STORIES

  1. Circuit City Gives Up the Fight
  2. Inside the Tata Nano Factory
  3. Why Ballmer Bailed on Yahoo
  4. Facebook: Friends with Money
  5. Behind AIG's Nasty Surprise

Get Free RSS Feed >>
  MARKET INFO
DJIA 12745.88 -120.90
S&P 500 1388.28 -9.40
Nasdaq 2445.52 -5.72

Portfolio Service Update

Stock Lookup

Enter name or ticker



Media Kit | Special Sections | MarketPlace | Knowledge Centers
McGraw-Hill Cos.