Pros
GE's resume value is terrific. Extremely well managed and fair in almost every respect. I learnt so much about how to think, analyze, communicate, collaborate and deliver results. It was amazing to see how well managed the company is and how connected all the divisions are. You truly feel connected to the entire organziation. There are lots of best practice exchange meetings and you get to meet and see people from across the company. Extremely disciplined in all respects - everyone is focussed on the goals and timelines. The company geniunely invests in development of its employees globally. There are a multitude of career opportunities and there is real interest in finding the next role for you based on your skills, performance, development needs and one can easily move across functions - operations, finance, sales, marketing etc.
Cons
Great place to start your career or move to early on in your career. The company places a lot of value on GE experience. You lose out to people who have graduated from one of GE's famous programs - FMP, IMLP, TLP, Audit Staff etc. There is too much focus on internal stuff and not enough on external customer oriented impact. Not great for work - life balance especially if you are on the management track. While the career development process is fair I found that relationships are important but then they are important everywhere ! You have go with the company speak - any deviation from company speak is viewed upon as negative instead of positive feedback. Great place to be in your 20's and if you are in your late 30's make sure that the position is visible and offers you an executive band track (EB in GE speak). If you are not EB you are NOT on the management track and your growth will be restricted though the company will take adequate care of you.