...| Case Study: General Electric Company | GE’s Strategy Equates Longevity | | For so long, General Electric has provided the world with pioneering products and superlative services. How does a company endure the economic cycle for over a century and continue to make headway? In this paper I intend to discuss some of the aspects that have enabled GE to have fruitful success for over one hundred-thirty years. I will briefly discuss the overall strategy of the company and the approaches they employed to attain success implementing that strategy. I will examine the corporation’s value proposition and comment on current event(s) that influence the business. I will present a brief SWOT analysis and state my general impression of their management style. Finally, I will express my thoughts on their future, where they can be more effective, and what changes should be put into action. The topics covered depict how General Electric has and will maintain and upper hand in corporate world. | | Michelle Jones | 12/12/2012 | | Table of Contents I. Introduction, Meet GE pg. 2 II. The Company’s Overall Strategy and Their Approaches to Attain Success pg. 2 III. The Company’s Value Proposition pg. 3 IV. Event(s) that are Affecting the Company pg. 3 V. SWOT Analysis pg. 4 VI. Impression of the Management Style pg. 5 VII. The Company’s Future and Opinions on How They Can be More Effective pg. 5 VIII...
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...Teesside University Business Management Fundamentals of marketing Nissan case study Student name: Student number: Module code: Submission date: Tutor: Case Study on Nissan The purpose of this essay is to explore and question why Nissan Motor Company creates products that are branded for a specific target audience. It will also be based upon how these techniques benefit the company and discuss what Nissan gain from it. 1. Consider the introduction of the infiniti brand by Nissan and discuss how the sub-brand relates to a particular target segment for Nissan? Nissan was originally founded in 1993 and was formerly known as Tobata Casting co, Ltd, the company name then later transformed in Nissan Motor. According to Nissan Global “the founder Yoshisuke Aikawa a brilliant leader of the Nissan combine had grand plans to mass-produce 10,000 - 15,000 units per year, and was about to putting his plan into practice”(www.nissan-global.com, Accessed: 12 January 2014 ). Since 1933 Nissan has transformed and expanded massively and is now very popular and successful brand. Its products are now purchased worldwide selling mostly in larger countries such as Japan and America. As reported by Johnathon Jones “Nissan produces more than 300,000 cars a year, and has plans to increase that volume in the long term to 500,000” (Johnathon Jones, 2002). “Nissan has a clear vision for the future, and - with our Alliance partner, Renault - we are working with passion...
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...Case Study Write Up: GE’s Two Decade Transformation: Jack Welch’s Leadership Teri Raven, EMBA 709 “GE’s Two-Decade Transformation” analyzes the leadership of Jack Welch, CEO of General Electric. When he took over GE as CEO in 1981, Jack Welch had big shoes to fill. His predecessor, Reg Jones, had been referred to as a “management legend” and been voted “CEO of the Year” and “CEO of the Decade” 3 and 1 times, respectively. Jones had led the company for 8 years and had done well both professionally and politically. Upon his initiation as CEO in 1981, the Wall Street Journal had already likened Welch’s replacing Jones to replacing a legend with a “live wire.” The business climate was shaky when Welch took over in April 1981, with the economy in recession. Welch had only one option: success. And to achieve success in the current climate, he would need his team to be “better than the best.” In fact, the choices were to be #1, #2, or nothing at all. He soon used this philosophy in his categorization of businesses into core, high-technology, and services. Welch’s 10 year vision was to lead GE to a state in which it would be viewed as “the most profitable, highly diversified company on earth, with world quality leadership in every one of its product lines” (Bartlett/Wozny); he sought to achieve this via a massive restructuring of the business. His philosophy of “fix, sell, or close” businesses was born, yet the reality was often that in the economic state of that time,...
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...Commonwealth of Australia Copyright Act 1968 Notice for paragraph 135ZXA (a) of the Copyright Act 1968 Warning This material has been reproduced and communicated to you by or on behalf of Central Queensland University under Part VB of the Copyright Act 1968 (the Act). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Do not remove this notice. For more information please contact copyright@cqu.edu.au CASE 6 Tesla Motors and the U.S. Auto Industry (Case B) Michael Janovec Georgia Institute ofTechnology Frank T. Rothaermel Georgia Institute ofTechnology LON MUSK, CEO of Tesla Motors, sped past the security guard in his brand new Tesla Roadster without waving . Despite his reputation as a brash leader, Mr. Musk normally took the time t0 exchange pleasam tries in the morning . Today, however, Mr. Musk's mind was traveling a mile a minute. The company had just filed its first annual 10-K with the U.S. Securities and Exchange Commission (SEC), and Musk had an important meeting with Tesla's board of directors at the end of the week to discuss the company's future. As Mr. Musk walked into his office, a photo caught his eye. It was a picture of him ringing the opening bell at the NASDAQ on June 29, 2010, the day that Tesla went public. As he looked at the picture, he thought about how that day had changed...
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...ANALYSIS OF TESLA COMPANY 22 TESLA FIRM FINANCIAL PROJECTIONS AND FIVE FORCES ANALYSIS 24 PRODUCT 30 PRICING STRATEGIES AND APPROCAHES 30 PROMOTION STRATEGIES 31 PLACE AND DISTRIBUTION STRATEGIES 33 ORGANIZATION 34 IMPLEMENATION PLAN 34 EVALUATION 36 RECOMMENDATIONS AND CONCLUSION 37 APPENDIX 44 Tesla Company Marketing Program EXECUTIVE SUMMARY This paper will mainly focus on the analysis and investigation of Tesla’s firm overall marketing strategy and program. According to a number of research based studies and reports, it is clear and evident that Tesla Motors firm is an American company that mainly designs, manufactures, and sells electric cars and electric vehicle powertrain components in various regions globally. Tesla Motors is a public company that trades on the NASDAQ stock exchange under the symbol TSLA. Furthermore, Tesla’s stock has risen substantially in recent times according to a number of research based studies and reports. It is clear and evident that in 2014 TSLA stock climbed to about seventy percent. Tesla Motors, Inc. was founded in Silicon Valley, California. Tesla Motors firm was founded and established in early 2003 especially by Martin Eberhard and Marc Tarpenning. The firm then later went public on late 2010 after raising around $227 million due to the sales of its cars and products in the society. Tesla firm is also the first American car company to go public since Ford Motor Company in early 1956. Elon Musk is the current...
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...Abstract In this paper the author has decided to conduct an in-depth analysis on the strategic management analysis tools. In this paper the author will speak on several types of analysis tools and distinguish how each has a distinguishing role in the organizations planning process. In this literature review, the author will cover the SWOT Analysis, the PEST Analysis, the Value Chain Analysis, Porter’ Five Model, Four Corner’s Analysis, Boston Consulting Group Growth-Share Matrix, General Electric Matrix, and the Strategic Early Warning Systems. Hopefully, after the completion of this review the readers will have a clear understanding of how each of the analysis operate and can be applied to any organization or group. SWOT Analysis The SWOT Analysis is a technique that was developed by Albert Humphrey, who was in charge of a research project in the 1960’s and 1970’s at Stanford University using data from many organizations over the world. The ultimate goal of the study was to reveal why corporate planning was failing. After the results were formulated, Humphrey could identify many areas of concern and the tools Humphrey needed to investigate each of these areas were called a SOFT analysis (Ghazinoory, Zadeh & Memariani, 2007). Humphrey and the team used the categories “What is good in the present is Satisfactory, good in the future is an Opportunity; bad in the present is a Fault and bad in the future is a Threat.” In 1964, the F was changed to a W, and...
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...a new manufacturing branch. It also points out the learning outcomes when good efforts are placed at the right places and with the right human talent employed. In the new economy organizations have to focus on the customer, environment and its resources and change their approach in doing business (paradigm shift). Senior management has to give clear goals and utilize the Total Quality Management (TQM) philosophy. Failure by top managed clearly state the objective of the project meant that it had no master plan and schedule. When the project was initiated the objective was to gain worldwide respect not to satisfy a customer and let the respect follow as an outcome. Top management failure is more evident through lack of proper feasibility study on the location and the customer getting customer Users Requirements Specifications (URS). There was no plan in place as such the project team did not exist at all. The machines were hastily installed; lay out set as per other factories not designed to cater for this customer. The location was never considered as what effect it might cause to the customer. Top management did not address the diversity issue an as a result communication was hampered by language differences. They took it for granted that the business ethics were the same through even in Japan. The type of customer, the location and workers were not included in their operations strategy, there is always a difficultly in addressing a global customer remotely business ethics...
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...ongoing activities today. Abdul H Shakur DeVry University – March 2016 Sustainability Operations Professor: Brad Bergman | GE's Sustainability Assessment Week 2 Assignment | AbstractAn analysis of GE's sustainability efforts and missteps, from the years in which the company was under the leadership of Jack Welch to ongoing 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...
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...INTRODUCTION This Market Update breakdown the Uk advertise for forecourt retailing, furnishing information and understanding into the quality, size and structure of the industry in the course of recent years from 2008 to 2012, and in addition determining patterns in the commercial center up until the year 2017. It has been assessed that a decay of 1.4% was seen in business sector esteem in 2012, as the economy and fuel costs remained moderately precarious, yet the generally speaking industry seems positive, having recorded a generally speaking development in worth since prerecession 2008. Forecourt retailing blankets two key spaces which offer altogether different administrations to the Uk shopper. Engine fuel retailing straightforwardly serves the particular transport customer, including the offer of diesel and petrol, although the much more modest non-fuel segment includes the trivial items retailed inside the going hand in hand with forecourt outlet, frequently random to the transport business. The engine fuel part has confronted numerous challenging circumstances lately because of the political agitation in universal oil supplier areas, and the issues with supply that this lack of determination has brought on. Government impose climbs and beyond reconciliation rates of supply and interest have initiated fuel costs to rocket lately, which, when joined by budgetary challenges inside the Uk framework, have made the business sector troublesome for the Uk shopper. Worldwide...
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...Origin of The Report: In this chapter we tried to describe the origin of the report, objective of the report, scope and limitations of the report. Objective of The Report: The BBA Program under the department of finance offers a course named “Management (F-108)” which requires submitting a report on a specific topic determined by the course instructor. The report under the headline ‘Whirlpool Corporation’ has been prepared towards the purpose. Objective of the report: There are several objectives to conduct the study which are: To Provide an overall information about the whirlpool company To provide the position in the BCG Matrix To analyze the SWOT of the organization To give an economical analysis. Methodology: To prepare this report we mainly depend on the primary data. But also take some help from our seniors. Process of collecting secondary data: We went to our senior to know about the procedure of making a good report. Then we ask for advices that should be followed to collect a standard data. Process of collecting primary data: Primary data are collected from the following sources: We collected our necessary primary data by the help of internet. Here the web address of Whirlpool proved to be very helpful to us. Reasons for collecting primary data: It is not possible to complete the report with the secondary data. To cross checking the secondary data couldn’t be possible without using primary data. Scope of The Report: Everything has some advantage...
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...of research material in support of the final dissertation. The annotated bibliographic reviews contained within this paper will work to provide information that will support my future research and provide experience in garnering and explaining the salient tenants of research material. NOTE: This paper will not include proper APA formatting as citations have been bolded to ensure the professor can discern where citations begin and end. Curtis, S. K. (2012). Commitment to cybersecurity and information technology governance: A case study and leadership model. (Doctoral dissertation). Retrieved from the ProQuest dissertation and thesis database. (UMI No. 3569139) The problem as described by the author in this quantitative study is senior managers are not using web analytic technology (WAT) and there is a lack of literature describing why this is the case. The purpose of this study is to “examine how management consultants perceive WAT” (p. 22). This study has seven hypotheses. Unified theory of acceptance use of technology (UTAUT) is the conceptual framework utilized by the author. The author utilized UTAUT with independent variables of social norm, performance expectancy and effort expectancy, facilitating condition and management consultants’ behavioral intention to accept WAT and the moderators of gender, age and experience to capture behaviors related to the intention to use information technology. There...
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...policies can lead to a wide range of harmful effects on the productivity of an organization. Accidents in the workplace can cause substantial losses to an organization’s human capital, create massive losses in labour productivity and decreases the organisations reputation in the market (Saridakis & Cooper, 2013). Studies have revealed that Human Resource Management plays an important part in an organizations ability to maintain adequate OHS (Saridakis & Cooper, 2013). The HR department’s duty is to align HR practices with organisations OHS goals; this could be in the form of recruitment or training policies (Faulkiner, 2009). HR plays an important part in the Airline industry, as there are no production lines, human capital is an organisations greatest asset and a company’s performance relies heavily on how cohesively their employees can work together (Boyd, 2003). The following will be looking at the Big Red Kangaroo Airlines (BRKA) case study in regards to Pernilla’s injury, how/why she was injured, how the organisation could have prevented the injury and the organisations responsibility. Identify how/why she was injured As Identified in the case study BRKA have started employing cost cutting HR policies in order to compete with budget airlines. This has led BRKA to hire young, attractive and inexperienced flight attendants. Pernilla being one of these inexperienced staff members hired. On one of Prenilla’s first flights, the aircraft experiences severe turbulence...
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...Lesson #1 Case Studies Renzi Gao International American University MGT 600: Organizational Theory and Design Kourt Williams July 5th, 2015 How Westland/Hallmark Put Profit above Safety Westland/Hallmark Meat Co. is a famous national meatpacking plant. It was the main supplier of many fast food restaurants, as well as a lot of schools in the year 2005. Then, something turned up by the Humane Society in 2007, proving that the company not only inhumanely treated the animals, but also allowed sick animals to enter the food market. According to this, USDA had to recall the contaminated beef which had entered the market, but most of those meats had already been consumed by customers. Finally, the plant would close forever, people who involved in the violation had been prosecuted, and all 220 employees lost their job. Analysis of the Case Analysis of Findings In this case, the key problems are the importance of business ethics in management, and the profit priority between business owners and other stakeholders, such as employees, fast-food restaurants, schools and final customers. The tops managers in Westland/Hallmark Meat Co. put the company’s profit in first so that they forced their workers to slaughter unreasonable amount of cows every day which directly led to those abuses and violations. In order to avoid similar cases, companies have to pay more attention on its business ethics among...
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...Thomas Wallace Dementia Praecox Mental Deterioration at an Early Age Introduction to Psychology Laura McCormick, Professor February 15, 2014 Thomas Wallace Dementia Praecox Mental Deterioration at an Early Age Introduction to Psychology Laura McCormick, Professor February 15, 2014 Abstract Schizophrenia, a classification of psychological disorders considered to be one of the most extreme in terms of psychological dysfunction and breakdown (Carson and Butcher, 1992). This disorder can result in a complete breakdown or alteration of reality. Schizophrenia is often termed psychotic in order to separate it from other disorders that are much milder in nature, such as Mood and Anxiety disorders. It is the goal of this paper to provide an overview of some of the issues and debates regarding this difficult and oft misunderstood disorder. What is Schizophrenia? Dementia Praecox, otherwise known as Schizophrenia, has been regarded as a uniquely distinct disease for well over a 100 years. This disease affects those areas that control how a person functions. It manipulates the individual’s thoughts, distorts their perceptions and causes hallucinations, particularly auditory. The person becomes delusional believing others can read their mind and thoughts of others are being placed in their head. According to the criteria for Schizophrenia described by the Diagnostic and Statistical Manual of Mental Disorders (5th ed.; DSM-5; American Psychiatric Association, 2013)...
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...Entrepreneurial School of Thought This school sees strategy formation as a visionary process and is fell under the descriptive school of strategic management. The chief architect of the strategy is the CEO of a company. This school took formal leadership seriously and CEO is responsible for strategy formulation. It stressed on mental state and processes such as instinctive knowledge, belief, wisdom, experience and insight of a single leader. The leader should be visionary in formulating strategy. The entrepreneurial school promotes strategy as a process which has a clear image and sense of direction which can be termed as a vision. Entrepreneurial strategy often occurs in startup companies and organizations in trouble and needing a turnaround. For any organization to sustain success it must engage in some form of entrepreneurial activity in order to effectively compete in the marketplace and continue to increase stakeholder value. In this school the organization becomes responsive to only one person, the CEO and vision is the central concept of this school. Vision is the mental representation of a leader and it outlines what the organization wants to be or how it wants the world in which it operates to be. It is a long term view and concentrates on the future. It can be emotive and source of inspiration. It serves as a guiding idea and often tends to be a kind of image than a fully clear plan. Visions are often flexible so that the leaders can change them as they like. Visionary...
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