...The Greatest Salesman in the World By Og Mandino Only principles endure and these I now possess, for the laws that will lead me to greatness are contained in the words of these scrolls. Principle #1 – Failure will never overtake me if my determination to succeed is strong enough. Keep it always in mind and you will overcome seemingly impossible obstacles that are certain to confront you as they do everyone with ambition. Never feel shame for trying and failing for he who has never failed is he who has never tried. Principle #2 – I will form good habits and become their slave. If I must be a slave to habit let me be a slave to good habits. My bad habits must be destroyed and new furrows prepared for good seed. Each principle in these scrolls will drive a bad habit from my life and replace it with one which brings me closer to success. For it is another of nature’s laws that only a habit can subdue another habit. As I repeat the words daily contained in these scrolls they will soon become a part of my active mind. Eventually I will find myself reacting to all situations which confront me as I was commanded in the scrolls to react. Thus a new and good habit is born. Principle #3 – I will greet this day with love in my heart. Love is the greatest secret of success in all ventures. I will laud my enemies and they will become my friends; I will encourage my friends and they will become my brothers. Always will I dig for reasons to applaud; never will I scratch for excuses...
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...“The Greatest Salesman in the world” By: Og Mandino Jeza O. Tuazon 3BSBA Mr. Chua “The greatest salesman in the world” By: og mandino The greatest salesman is a story about a man who has all the wealthyness in life, he has a good character an excellent to serve to anyone whose ambition is success in his taken field. Hafid is the main character. A businessman in nature made him even more wealthy and well-known in his field. As a man of character never he had eager unappreciative to his servant, an icon of good conduct not just towards his business but also among his business people. Erasmus is Hafid servant had been following him all his commands. A day come he ordered Erasmus to sell his property and convert it into gold and kept it in secret with his servant and imparted with his wife. Hafid had left in a warm room, there found the only object the old chest, hafid had unlocked it and found the golden secrets, the ultimate secrets of all the happiness, success, love and peace of mind that all could ever want. He sued to himself that the wise man who entrusted these scrolls to his care can never be paid. The following are contents of the old chest scrolls from 1-10. The 1st scrolls is to teaches the character hafid and the reader to be a slave of good habit, citing experiences is compared fashion meaning it is only useful for today and be useless tomorrow. Instead of investing materials you must invest in a good character. The 2nd one scrolls is to...
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...The Greatest Salesman in the World By Og Mandino Only principles endure and these I now possess, for the laws that will lead me to greatness are contained in the words of these scrolls. Principle #1 – Failure will never overtake me if my determination to succeed is strong enough. Keep it always in mind and you will overcome seemingly impossible obstacles that are certain to confront you as they do everyone with ambition. Never feel shame for trying and failing for he who has never failed is he who has never tried. Principle #2 – I will form good habits and become their slave. If I must be a slave to habit let me be a slave to good habits. My bad habits must be destroyed and new furrows prepared for good seed. Each principle in these scrolls will drive a bad habit from my life and replace it with one which brings me closer to success. For it is another of nature’s laws that only a habit can subdue another habit. As I repeat the words daily contained in these scrolls they will soon become a part of my active mind. Eventually I will find myself reacting to all situations which confront me as I was commanded in the scrolls to react. Thus a new and good habit is born. Principle #3 – I will greet this day with love in my heart. Love is the greatest secret of success in all ventures. I will laud my enemies and they will become my friends; I will encourage my friends and they will become my brothers. Always will I dig for reasons to applaud; never will I scratch for excuses...
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...difficult challenges when he came into office in 1981. One of his primary areas of concern had to be replacing the retiring CEO Reg Jones. Jones had had great success during his time at GE, particularly in terms of growth of strategic planning with the organization. He restructured the organizational levels of the company to handle the tremendous volume that his strategic planning process was producing. Many of these processes used within the business community as benchmarks to follow. The public perception of Reg Jones was also very high, as he had been recognized with “CEO of the Year” honors multiple times, as well as “CEO of the decade.” Welch had to be up to the task of replacing a man that many in the industry considered a legend. Another major challenge Welch faced that can’t be overlooked is the external environment when he took over as CEO. At the same time he was charged with the task of replacing his successful predecessor, Welch also had to deal with a U.S. economic recession. Additionally, there was an increasing amount of rivalry from global competition that compounded the problems being faced by the sluggish economy. It would be one thing if Welch was entering his new position under ideal economic circumstances, but he was being challenged with the mission to continue to grow GE with many forces working against him. A third factor that made Welch’s challenge so difficult related to the complexity of the organization. Under Jones and his focus on growing the strategic...
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...difficult challenges when he came into office in 1981. One of his primary areas of concern had to be replacing the retiring CEO Reg Jones. Jones had had great success during his time at GE, particularly in terms of growth of strategic planning with the organization. He restructured the organizational levels of the company to handle the tremendous volume that his strategic planning process was producing. Many of these processes used within the business community as benchmarks to follow. The public perception of Reg Jones was also very high, as he had been recognized with “CEO of the Year” honors multiple times, as well as “CEO of the decade.” Welch had to be up to the task of replacing a man that many in the industry considered a legend. Another major challenge Welch faced that can’t be overlooked is the external environment when he took over as CEO. At the same time he was charged with the task of replacing his successful predecessor, Welch also had to deal with a U.S. economic recession. Additionally, there was an increasing amount of rivalry from global competition that compounded the problems being faced by the sluggish economy. It would be one thing if Welch was entering his new position under ideal economic circumstances, but he was being challenged with the mission to continue to grow GE with many forces working against him. A third factor that made Welch’s challenge so difficult related to the complexity of the organization. Under Jones and his focus on growing the strategic...
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...Welch). At a salary of $10,500, he worked as a junior chemical engineer in Pittsfield, Massachusetts (Jack Welch). A year later he planned to leave GE because of a raise that he was offered (Jack Welch). He was persuaded to remain working there by Reuben Gutoff (Jack Welch). Gutoff promised him that he would create an atmosphere Welch wanted (Jack Welch). In 1972 Jack Welch became a vice president of GE (Jack Welch). Nine years later, Welch moved his way up to GE’s chairman, becoming the youngest chairman and CEO (Jack Welch). Welch was forty-five when he took control of GE (Jack Welch (GE)-FamousCEOs). He was a no-nonsense executive who believed that every single component of the company had to produce a profit (Jack Welch (GE)-FamousCEOs). “Each person, each piece of equipment, each division, and each manager had to contribute to the bottom line in a positive manner. Those that could not or would not were summarily relieved of their duties (Jack Welch (GE)-FamousCEOs).” There was no denying that Jack Welch was a Theory-X manager. Thousands of people were fired during his control (Jack Welch (GE)-FamousCEOs). He would fire the bottom 10% of his managers at the end of each way (Jack Welch). The Welch Way was the only way, and hundreds of companies around their world use the Welch Way to conduct their businesses (Jack Welch (GE)-FamousCEOs). After...
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...leadership can be taken for granted. When the world is turbulent, you appreciate great people.” – Jeff Immelt, GE Chairman and CEO Internal and External factors play a great part in the four functions of management. These factors can impact these four functions in many ways. The company that we chose to write about is General Electric known as GE. We will explain how internal and external factors affect the four function of management, which are; planning, organizing, leading, and controlling (Bateman & Snell,2009). We will also explain how these factors, along with delegation, affect globalization, technology, innovation, diversity, and ethics. General Electric was founded in 1892 by Thomas Edison, Charles Coffin, Edwin Houston, and Elihu Thomson. These four men had an idea of bringing “good things to light.” GE is an advanced technology, services, and finance company taking on the world's toughest challenges they are dedicated to innovation in energy, health, transportation, and infrastructure (GE, 2011). The major planning for General Electric is their Marketing Plan. GE's marketing function is about delivering superior business impact and results. We rigorously focus on customers; measure and assign accountability; attract, develop, and retain best-in-class talent, and methodically align our work against evolving business strategies (GE, 2011). One of the most important aspects of planning is forecasting what will be needed in that year. GE is leaning toward solar power. They are...
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...Analysis of GE GE is a diversified services technology and manufacturing company with a commitment to achieving customer success and worldwide leadership in each of its businesses. GE operates in more than 100 countries and employs nearly 340, 000 people worldwide, including 197,000 in the United States. John F Welch has been the Chairman and CEO of GE since 1981. The Company traces its beginning to Thomas A. Edison, who established Edison Electric Light Company in 1878. In 1892, a merger of Edison General Electric Company and Thompson-Houston Electric Company created General Electric Company. GE is the only company listed in the Dow Jones Industrial Index today that was also included in the original index in 1896. GE has received numerous awards from different financial magazines: Global Most Admired Company – Fortune (1998, 1999, 2000) World’s Most Respected Company – Financial Times (1998,1999) America’s Greatest Wealth Creator – Fortune (1998,1999) e-Business of the Year – InternetWeek (2000) GE is the world’s biggest company, according to market capitalization. The Company achieves an increase of 20% in both profits and revenues year after year. GE manages to accomplish this through increased efficiency, global dominance, and exploring new opportunities. Policies to Maintain Competitive Strategy GE’s business-to-business e-commerce venture GE Global Exchange Services According to the Website, it manages “the world’s largest electronic...
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...can be taken for granted. When the world is turbulent, you appreciate great people.” – Jeff Immelt, GE Chairman and CEO Internal and External factors play a great part in the four functions of management. These factors can impact these four functions in many ways. The company that we chose to write about is General Electric known as GE. We will explain how internal and external factors affect the four function of management, which are; planning, organizing, leading, and controlling (Bateman & Snell,2009). We will also explain how these factors, along with delegation, affect globalization, technology, innovation, diversity, and ethics. General Electric was founded in 1892 by Thomas Edison, Charles Coffin, Edwin Houston, and Elihu Thomson. These four men had an idea of bringing “good things to light.” GE is an advanced technology, services, and finance company taking on the world's toughest challenges they are dedicated to innovation in energy, health, transportation, and infrastructure (GE, 2011). The major planning for General Electric is their Marketing Plan. GE's marketing function is about delivering superior business impact and results. We rigorously focus on customers; measure and assign accountability; attract, develop, and retain best-in-class talent, and methodically align our work against evolving business strategies (GE, 2011). One of the most important aspects of planning is forecasting what will be needed in that year. GE is leaning toward solar power. They...
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...1. Was the 1984 acquisition of the small household appliance business from GE a related or unrelated diversification? Defend your position. What motivated that acquisition? Was the 1989 acquisition of Emhart Corporation a related or unrelated diversification? Defend your position. What motivated that acquisition? The acquisition of the small household appliance business from GE is a related diversification. Because before this acquisition, B&D was the world’s famous power tools manufacturers, and after B&D acquired the small household appliance division from GE, B&D was able to expand and transform into a consumer products company. Most importantly, the raw materials, the manufacturing process, and the assembly process for producing power tools and small house-hold appliances all bear similarities to some extent, therefore, B&D could create related diversification by using its capabilities and resources into other settings. The motivation behind this acquisition is the extra clout that being able to offer retailers a full line of housewares would have in competing for shelf space. The acquisition of Emhart Corporation is an unrelated diversification. Emhart was a diversified manufacturer of industrial products, information and electronic systems, and consumer products. Emhart’s business and product categories were broader than B&D’s, and included many categories that B&D did not have. Although Emhart had some businesses that seemed to fit with those...
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...activities today. Abdul H Shakur DeVry University – March 2016 Sustainability Operations Professor: Brad Bergman | GE's Sustainability Assessment Introduction General Electric, (GE) the 1892 brain child, and merger of two companies Thomson-Houston Electric and Edison General Electric. Early on the main products included light bulbs, motors, toasters, elevators, and other appliances. From the humble beginnings the General Electric Company (GE) has grown into a monolith. The company now manufactures products such as engines for airplanes, petroleum production equipment, power and nuclear generators. Also GE is a common household name and has long been one of the top providers of household appliances. GE is reponsible for producing some of the greatest innovations that the world has known. GE, while famous for big innovation is also recognized for aggregious environmental infractions. In an article in Vanity Fair (2006), “also responsible for more greenhouse gases than most American cities, more toxic-waste sites than almost any other company in the nation, and one of the highest-profile environmental controversies in U.S. history. The articles go on the cite the period where GE is reponsible for dumping more that one millon...
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...Q (1.1): Mission statement: David (1986) has identified Mission statement: it is an '' enduring statement of purpose that distinguishes one business form other similar firms. A mission statement identifies the scope of a firm's operation in product and market terms.'' Although Cole (1997) has defined mission statement as a public statement on behalf of an organization which sets out its raison in terms of the customer needs it intends to satisfy the markets within which it will meet those needs and the manner in which it will meet them. Examples of mission statement: There are three examples the first one is about Oman air: "Modern Vision, Timeless Traditions..." At Oman Air we are committed to exceed the expectations of our valuable customers and stake holders by building a “First Choice Airline”. Our aim is to provide a safe, reliable and seamless flying experience, enhanced by warm and friendly customer services, without compromising on quality and profitability. As the national carrier we are committed to support the local community and to promote in-bound tourism to the Sultanate. The second example about Caledonian college of Engineering: ''To provide an innovative, creative and environmentally-aware learning experience for those who seek technological education''. The third example is about Nawras mobile: ''Our mission is to be the communications provider and employer of choice in Oman''. According to the previous explanation Mission statement is a goal...
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...in hoc signo vinces = in this sign you will conquer vitam impendere vero=to devote one’s life to truth maximus in minimis=the very greatest in trifling things best hr in hospitality sector Job Number | 1529565 | Business | GE Healthcare | Business Segment | Healthcare Eastern & African Growth Markets | About Us | What do you envision for your future? At GE Healthcare, we strive to see life more clearly. Our "healthymagination" vision for the future invites the world to join us on our journey as we continuously develop innovations focused on reducing healthcare costs, increasing access and improving quality and efficiency around the world. We are a $17 billion unit of General Electric Company (NYSE: GE), employing more than 46,000 people worldwide and serving healthcare professionals in more than 100 countries. We believe in our strategy - and we'd like you to be a part of it. As a global leader, GE can bring together the best in science, technology, business and people to help solve one of the world's toughest challenges and shape a new age of healthcare. Something remarkable happens when you bring together people who are committed to making a difference - they do! At work for a healthier world. | Posted Position Title | HR Director, Turkey and Central Asia (TCA) | Career Level | Experienced | Function | Human Resources | Function Segment | HR Client Support | Location | Turkey | City | Istanbul | Relocation Assistance | No | Role...
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...Management Principles and Practices MGT101 Case Study – GE Electric Motivation Gemma Blandford Word count 1315 (excluding references) Introduction General Electric (GE) was founded in 1878 by Thomas Edison. Since then GE have developed businesses in the areas of Appliances, Aviation, Consumer Electronics, Electrical Distribution, Health Care, Lighting, Oil and Gas, Energy, Finance for both Business and Consumers, Rail, Software Services and Water. They are now one of the most diversified companies in the world. Findings In 1960 Jack Welch joined General Electrics in the plastics division in Pittsfield, Massachusetts, USA, where he developed his leadership skills and ideas. In 1968 Jack Welch was made the company’s General Manager; for GE in 1981 he was elected Chief Executive Officer. His vision was to become one of the most competitive business enterprises in the world. Shortly after Jack was elected he identified the organisation was bureaucratic - the environment was controlling, upper management made the rules and the juniors followed. The lower level in the hierarchy is controlled by the upper ones, and the planning and decision making is done in one place. The higher levels in the hierarchy have more freedom in doing their work as compared to the lower levels. In this case GE was represented by 9 layers of management from the shop floor to the CEO. Unfortunately in a bureaucratic environment people are afraid to speak out; employees find it difficult...
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...Electric (GE) is building the world by providing capital, expertise, and infrastructure for a global economy (G.E., 2013). The corporation is preparing for the launch of the Smart Helmet in Japan and Hong Kong markets, respectively. The Smart Helmet offers improved safety and modern technological capabilities through Bluetooth synchronization and Global Positioning System (GPS) with a heads-up visor display. This paper considers components of the product launch plan for Japan’s domestic market and Hong Kong’s international market. The plan includes a description of the product and positioning, targeting, market needs and growth, SWOTT analysis, the competition, objectives and strategy, pricing and financial information, communication plan, distribution strategy, and market research for the plan. GE anticipates the detailed plan will result in a successful product launch. Product Description The Smart Helmet is designed primarily as a protective covering for the head of any cyclist who desires a full-face helmet. As a product of innovative thought, the Smart Helmet increases safety and convenience by offering a standard voice-activated global positioning system and Bluetooth synchronization with a heads-up projection at forward sky-level. Such features allow the rider to enjoy an uninterrupted journey with music, verbal companionship, and navigation without taking his or her eyes off the road. GE’s new product is differentiated from competitors through branding with the GE logo....
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