Pros
GE has a great professional network and outstanding training, with ready access to internal training programs as well as willingness on the part of management to promote participation in external programs. Career development is encouraged and most of the leadership is "home grown" from within GE. The opportunities to work anywhere in the world are endless, and often times GE will accommodate the employees desire to relocate by finding a suitable position for the employee (for example, if a spouse is being transferred, GE will find a way to retain the employee within the GE network of businesses.) Also, there are many opportunities to try out different roles at different businesses within GE, not just movement within your own business unit.
Cons
For my particular business unit, senior management does not seem connected to employees or engaged at all in the everyday challenges the business is facing. There does not seem to be clear direction from senior management on strategic or tactical issues, nor does there appear to be any clear understanding of our competition. While they may have the vision, they are not communicating that vision with employees. Also, many of the employees are on cruise control and not interested in either changing the status quo or growing the business in any appreciable way. There doesn't seem to be any repercussions for employees who have little external/customer focus.