General Electric
Jack Watson

In 1878 Thomas Edison founded the Edison Electric Light Company which through mergers and acquisitions became General Electric (GE). The 19th and 20th centuries watched Edison's company grow into a massive multi-national company with branches reaching into a vast number of businesses. In the years since its formation GE has become a global leader in a number of fields beyond the power generation functions that Edison had pioneered. Industries as varied as aircraft engines and financial services have both become staples of income for the multi-faceted organization. With all of the success that GE has enjoyed it appears that the company is destined for a bright future and yet, there are significant issues that must be understood and managed for GE to be a bright star throughout the next two centuries.

GE's Industry

Attempting to place GE into a specific industry category is a difficult proposition that will most likely….

General Electric
Constant transformation has turn out to be a way of life for corporations and their employees in today's fast-paced, competitive business world. All through the preceding few years, numerous companies have experienced noteworthy transformations such as getting rid of layers of administration, reorganizing procedures, authorizing numerous employees and downsizing others, shaping independent work teams, etc. In times like these, corporations clearly need effectual leadership at all levels, but particularly so at the top of the organization.

Even though a lot of the demanding business transformation occurring today might appear new to most employees, a bright case in point of the general concept of endlessly changing a corporation for the better is the General Electric Corporation (GE), which experienced a long reformation procedure starting in the early 1980s under the management of their Chief Executive Officer (CEO), John F. Welch. The major leadership principles explained by Welch all through these transformations….

General Electric
Short-term and Long-term Objectives

GE is one of the biggest and most varied industrial companies in the world. GE is concerned in progressing, manufacturing, as well as marketing a wide array of products for the generation, broadcast, control, distribution, and utilization of electricity since its amalgamation in 1892. Over the years, GE has progressed or obtained new technologies and services that have broadened significantly the scope of its activities (Ashkenas, DeMonaco and Francis, 1998).

In the next calendar year, GE is dedicated to aim in the "next generation" of technology. They are favorably positioned to steer growth for the future by means of its technological superiority in each business by developing a global technological ability, ever-increasing new product growth, as well as spending in global research (Matthew, 2002).

However, GE's services sector has progressed from the customary measures of component substitution, repairing and renovating machines to a bigger and wider objective. The….

General Electric Company (GE) is a multinational company that operates in more than 116 countries in North America, Europe, and Asia. The company specializes in the production of diversified industrial products, and is organized along 11 businesses such as Energy, Transportation, Infrastructure, Commercial and Consumer Finance, Equipment Service, etc. Over the years, GE has recorded financial success. In 2011, Fortune ranks General Electric as the 7th largest company globally, 13th most admired company, and 14th most profitable company. The company key competence lies in its great proven leaders who combine the company resources to achieve financial success.
The objective of this report is to present a competitive environment analysis of General Electric. The paper uses SWOT model, PESTEL model and five Porter forces to provide analysis of GE.

SWOT Analysis of General Electric

SWOT model refers to Strength, Weakness, Opportunity and Threat. SWOT model is a tool that analysts use to evaluate the….

General Electric Company case -- There are five central themes that were identified that would support GE in order to persevere and establish a long-term franchise. These themes included: to build strong businesses; put investment in services, innovation, and globalization; to focus on areas of potential opportunity; to drive competitiveness through cutting costs; and be remaining committed to people.
There are three key issues associated with concerns regarding GE's strategies for future stability and growth of the company. The first issue involved financial uncertainty due to the risk presented by shrinking GE capital. There were questions regarding how cohesive the company was in regards to the relationship between the industrial and financial aspects of the company especially following the company's loss of their triple -- A credit rating.

A second issue of concern regarded the growth strategies under development by GE. Specifically, some critics showed concern as to whether the suggested organic….

General Electric and Philips health care have persistently provided forward thinking technology that have paved the way to a safe and high quality of care to patients. They possess solid foundation and have become experts in the field of health care technology such as medical imaging, information technology, and patient monitoring systems. Both organizations focus on sustainability of health care systems and quality delivery of care to patients. In addition, both organizations strive to be the best within the industry in ensuring the delivery high quality health care to patients. In this paper, we investigate how both companies have survived over the past 10 years with the health care changes and a struggling global economy. Also investigated is how both companies have managed to sustain their quality, innovation, and safety while containing costs to health care partners so that a high quality of health care can be delivered to each….

This would entail paying European fines for not having sustainable components in their products. Instead of just moving ahead with production and paying the charges to local and federated European Union environmental authorities, GE completely redesigned the value chain and production processes of medical products (Mitra, 2010). This became the catalyst of sustainable business development and was a key factor in the 2004 timeframe when Jeffrey Immelt began the planning of the ecoimaginaition branding initiative. This is just one of many examples corporate-wide where GE was able to capitalize on initially what appeared to be a weaknesses from a sustainability standpoint and turn it into a strength.
Conclusion

Since the initial concept of translating their cost challenges of attaining sustainability into a profitable new business, GE has also started a $200M venture capital fund to invest in emerging new businesses in these areas. To date they have generated over 4,000 new….

General Electric: Analysis of Strategy Implementations and Potential Issues
There are many parts of GE's strategic plan that are interlocked, and thus face some of the same implementation issues. For example, GE's strategy of diversification is essentially interlocked with its objectives of expansion. Through diversification, GE can continue a growth strategy that includes both operational and geographic expansion. As such, the strategic plan to diversify and expand is interlocking dependencies. However, there are a number of implementation issues which could prove a problem for the company in the future in terms of its objectives to diversify and expand. The company is what is known as an "unrelated diversified company" (Allen & Gorgeon, 2007, p 7). GE has been successful in diversifying its operations into new markets; yet, this can be seen as almost being too successful. According to the research, "looking at GE we see a massive, diversified, and profitable conglomerate….

General Electric in India
ecent economic figures point to the tremendous growth of India as the world's popular investment hub. Foreign direct investments (FDIs) in the country have depicted a surge as investors seek opportunities in the second populous nation in the world (Mishra & Shaopeng, 2013). The country occurs as a close competitor to China, as the preferred investment hub globally. Since independence, India upholds democracy in rule and governance. In the 1970s, India occurred as a preferred hub for multinationals such as IBM. The nation is popular for providing a favorable environment for multinationals to thrive. In this paper, we analyze some macro and micro economic factors that affect the way of doing business for General Electric in India.

Legal/Political factors

Effect of Common law on GE

Historically, India has grown as one of the most preferred investment hubs for multinationals. The presence of General Electric (GE) in India dates back to….

At this time Six Sigma operates as a new General Electric's institutional competitive strong point and still strives on to develop to boot.
If there is something that Jack noted during his days as a manager, then it is the rate at which GE was turning into a big bureaucracy and indeed realized that a huge change was truly needed. Founded on this perspective, the moment he succeeded the outgoing CEO, he hurriedly kick started the reform that the company needed basing it on the managerial creed that he acquired. Improvement in productivity brought about power in competition as well as profit. There are two things that worked in Jack's favor, one is that through effective use of funds as well as human resource, he managed to improve productivity. Further, the solid plans that improved effectiveness of funds are to streamline institutional hierarchy, with much emphasis channeled to the magnitude….

Quality Control of General Electric Appliance Company Company background
General Electric Appliances is renowned for designing and building the best appliances across the globe. Ranging from the design process to production and further to service, the main endeavor of GE Appliances is to assist people in enhancing their lives at home. From self-cleaning varieties to ice and water dispensers, to speed cook rotisseries and fridges that make coffee, GE Appliances has electrified and simplified life for over 12 decades with our heritage of innovation (GE Appliances, 2020).
GE Appliances has its main center of operations situated in Louisville in the state of Kentucky, United States. The company has manufacturing facilities operating in Decatur in the state of Alabama. Moreover, GE Appliances has wholly-owned subsidiaries that are situated in Georgia and also in Tennessee (GE Appliances, 2020). Significantly, GE Appliances has ownership of FirstBuild, a multinational co-creation community, and an ultramodern micro-factory that is….

Q1. Does GE’s human capital development strategy support its overall strategy? How?
GE leverages HR to its maximum degree by ensuring that HR staff are aware of GE’s overall business strategy and its finances, marketing, and operations so its selection of human capital will align with those goals. It is not simply enough to select capable people but the right kind of capable people that fit in with the overall organizational culture of GE. To achieve this objective requires extensive benchmarking of overall performance, and while GE operations may be decentralized, personnel are evaluated based upon strict standards, including manager evaluations, forecasting of their overall career plan, and succession planning to assume a seamless transition. When Jack Welch assumed the helm of the organization, he added additional requirements, such as requiring all managers to rate employees on a curve (which meant that even adequate performances might be classified as failures), as….

GE's Two Decade Transformation • Examine Jack Welch and his transformation of General Electric
Welch's initial resolve to make the company more agile and lean led to a highly systematic downsizing, delayering and destaffing process focusing on every large headquarters group, which included a cutback by half in the company’s 200-strong strategic planning workforce and the elimination of its arduous strategic planning structure. In its place, he incorporated "real-time planning'', discussed with fourteen key business leaders via informal sessions. GE’s budgeting process was also drastically altered: results were assessed against external competitive conditions, instead of internal comparisons. In the year 1985, Welch did away with the sector level; to guarantee every business directly reported to him, he eliminated 5 hierarchical levels (Bartlett, 2000).
The company did away with 64,160 hourly and 59,290 salaried jobs from 1981 to 1988; divestiture led to the elimination of 122,700 more jobs. While a modest revenue growth from….

General Electric Leadership Program. Specifically it will discuss the program and why it is successful. General Electric has an extensive leadership program that prepares new college graduates for leadership roles in the company. It is one of the most well respected leadership training programs because it creates excellent leaders ready to take on management roles throughout GE's many different divisions.
GE's Leadership Program is successful for several compelling reasons. It is geared to "global management," because GE is a global company, and doing business in different countries and cultures can be very different and challenging. However, it is a three-step process that helps develop managers in different areas of expertise, such as finance or human resources, and it develops managers at different levels to accomplish different things, such as section leaders and middle managers, as well as executives and upper management. The company does not train people to be managers,….

GE- A combination of Strategy and technology
General Electric: A combination of Strategy and Technology / General Electric: easons behind Success

The Company Profile

General Electric's history forms a significant component of U.S. technological history. GE has progressed from the home lab of Thomas Alva Edison to become one among the world's largest corporations, through the course of electrical technology's advancement from the plainest initial applications to the 21st century's high-tech innovations and offerings. GE has a world market comprising over a hundred countries; roughly 45% of company revenues are generated from overseas operations. Through innovations spanning more than 110 years, GE has accumulated over 67,500 patents; scientists working for the organization have received Nobel Prize almost twice, in addition to several other awards for their contribution to the field (eferenceforbusiness, 2015). The company engages in manufacturing, processing, building, developing, producing, and assembling; leasing, selling, distributing and supplying; purchasing, mining, extracting, acquiring, and….