When Gerard Swope assembled GE's key business thinkers on
Association Island in Lake Ontario, he proposed forming a Society that would be
their own, separate and independent of the General Electric organization, where
any question could be asked and would be answered. To paraphrase Mr. Swope, I would like this Society to be just as
critical, just as radical as they feel circumstances demand. If its people have the spirit of adventure
to try even unheard things, the Company would either make progress or go broke,
and the older of us would try our best to keep it from going broke.
Well, it's pretty obvious that the company did not go
broke. And The Elfun Society has been
asked and asking questions for 80 years. The story of Elfun reads like a world history book, riding and surviving
the waves of the decades, through the Depression, a World War, every imaginable
economy and unimaginable growth in scientific, medical and electronic
breakthroughs. That spirit of adventure
grew pioneers in business, and changed the face of corporate structure
forever.
In the 1980's, challenged by CEO Jack Welch, Elfun evolved
from its traditional social role, adopting a commitment to volunteerism,
community service and communication. Today,
GE Volunteers encourages all current and retired employees to keep the
volunteer spirit alive.
As you can see, The Elfun Society plants tiny seeds that
grow into strong, self supporting trees - elm trees, of course - and the seeds
that are being sown today, the responses to each new challenge, will become
tomorrow's industry standards. This is
the Elfun legacy.
Click here to see the list of GE Elfun presidents who helped create this Elfun legacy.