Lakshmi Moorthy is New Product Introduction Leader ? GE Capital, EMEA, London. In this interview she shares her experience working for GE.
What is your current role?
I am currently the New Product Introduction (NPI) leader for GE Capital EMEA. I work with our platforms across EMEA to identify new products opportunities and help bring them to market, including conducting a detailed cross functional due diligence for each product.
How did you start your working life?
I started working at HSBC in India, where I held a variety of sales and marketing roles over the 4 years I was there. I then moved to Europe and did my MBA, and joined GE on the Experienced Commercial Leadership Programme (ECLP), a fast track programme for commercial talent. I then moved to GE Capital in Europe, and held a series of marketing, business development and commercial roles in my 8 years here.
What has been the journey to that role in terms of other career milestones?
A key career milestone has been joining the ECLP programme in its very first year (as one the pioneers or the guinea pigs ? whatever you prefer to call it!) ? it turned out to be a fantastic experience in terms of the diverse, global assignments I got to do across various businesses. The other key milestone in my journey has been moving to my current role after 6 years in consumer lending ? this role spans both commercial and consumer lending products, and allowed me to leverage my past experiences while building new skills.
When did you decide you wanted to take this career route?
The move to working in financial services was taken very early on in life ? I have an undergraduate degree in Chemical Engineering, but one look at a real chemical plant in my final year internship convinced me it wasn?t for me! So I decided to switch to marketing financial services instead and later did my MBA to help build the skills I need.
What do you most enjoy about your job?
The diverse products/assignments I get to work on, and the fabulous people I work with at GE ? I truly do learn something new every day in our ever changing world in financial services?.even though the seas have been choppy for financial services lately!
Have you had an important mentor along the way?
A couple of early managers (at HSBC and at GE) have been key mentors, and I have gone back to them for advice at various points in my career. I have been fortunate to also receive more ?informal? mentoring and career advice from senior GE leaders I have worked with, who have given me valuable guidance at critical junctures in my career. I am also now part of a formal mentoring programme at GE for senior women in commercial roles, and am really excited about how that will help me grow even further.
How has GE helped you progress in your career?
GE is a fantastic company when it comes to career growth and development ? right from the initial rotational programme (ECLP) I joined to the in-depth annual appraisal to some truly fabulous leadership development programmes, GE encourages you to keep growing continually.
I just spent 2 weeks at GE?s dedicated leadership facility in New York on one of GE?s premier executive development courses ? where I was invited to pause and reflect on how to take my career even further. I spent 2 weeks with participants from various GE businesses across the globe, and got career advice and coaching from some very senior GE leaders who helped me gain some insights into my leadership style. Few companies dedicate that level of time and resources to growing their people, and I am fortunate to work for one of them.
What tips and advice would you give to young women starting out on their career today?
Believe in yourself and come take your rightful place at the table! Find a job/company that you truly enjoy working in, build a network of good mentors/coaches who will give you candid advice, and then seek diverse experiences/roles to keep learning.
Where do you see yourself in 5 years? time?
Hopefully heading Marketing for one of GE Capital?s platforms or key business lines.
In your words, why do you think GE has been named one of the Times Top 50 employers for women?
As a working mum with two young children, GE allows me to balance my career aspirations with my personal goals, and fulfil each role fully. GE?s flexible work practises, focus on results and accountability (rather than merely ?clocking the hours?) and fantastic team culture have allowed me to balance work with the occasional needs (crises!) of a young family. And having some very senior women in GE as role models helped ? it showed me how to grow my career without sacrificing my personal goals.
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