General Electric – Case Study Out of recession The callange Welch faced in 1981 Welch‘s objective Which goal did Welch aim at? Welch´s meassures strategic and organizational iniatives The change process The logical structure behind the change process Added values The values Welch added related to the change process Our opinion Evaluation of Welch‘s approach Welch‘s heritage Longterm implications for GE Summary Short overview of Welch‘s achievments 2 THE CHALLENGE WELCH
Words: 884 - Pages: 4
P E R S P E C T I VA S S I X S I G M A Por : Hector René Álvarez Laverde. PhD (Cand.) ¿QUE ES SEIS SIGMA? En general se conoce el “Seis Sigma” como una estrategia que permite a las compañías optimizar las operaciones de todo el negocio; lograr el alineamiento total con los intereses de los clientes y crear capacidades competitivas para enfrentar entornos complejos. Esta estrategia se logra llevando a cabo las siguientes acciones: · · · Enfoque sistemático para reducir las pérdidas y problemas
Words: 2615 - Pages: 11
affiliates is not reflected in his financial analysis as of February 12, 2012. This is a statistical analysis on GE. GE has different parts of the company, which use different terms. Not to be confused GE, GESC, and GECC are different sectors of general electric. Their consolidated financial statements help to better accurately comply with the different financial and accounting methods to give a precise perspective on the entire company. GE is the most common use term and the one that were most familiar
Words: 8496 - Pages: 34
CORPORATE SOCIAL RESPONSIBILITY (CSR) Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship, social performance, or sustainable responsible business/ Responsible Business) is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in, self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms. The goal of CSR is
Words: 3899 - Pages: 16
Introduction In 2004 NBC became NBC Universal, Inc. through the merger of NBC, wholly-owned by GE, and Vivendi Universal Entertainment (VUE). The merger was intended to strengthen NBC’s already successful company and to create a multimedia powerhouse that would produce and distribute its content through a variety of networks (Proquest). Although NBC has gained more viewers it still trails behind its biggest competitors at #4, while FOX, CBS, and ABC stay ahead. Within every company there are
Words: 2215 - Pages: 9
Globalization and General Electric (Ge) Question No 1:- Why do you think GE has invested so aggressively in foreign expansion? What Opportunities is it trying to exploit? Answer:- GE has invested so aggressively in foreign expansion because of the potential development that is possible. The United States is a prominent developed country, while other countries are still developing. This gives GE the possibility to expand their business by giving the country new products
Words: 837 - Pages: 4
HEALTHYMAGINATION AT GE HEALTHCARE SYSTEMS By what means may Gentile have settled on choices diversely without Healthymagination? Each target business sector had its own particular novel particulars. There was no surety that items might be acknowledged in specific markets. This could be because of the way that the businesses are not created or are not develop enough to acknowledge new items. Gentile might need to settle on a choice dependent upon the potential of a given business sector
Words: 484 - Pages: 2
I selected General Electric (GE), because I work in medical capital equipment field where I compete against GE in their Healthcare sector. GE is consistently ranked as one of the world’s leading corporations. GE provides capital, expertise and infrastructure for a global economy. GE Capital provided billions in financing, so businesses could build and grow their operations and consumers could build their financial futures. GE build appliances, lighting, power systems and other products that help
Words: 379 - Pages: 2
STRENGTHS Global recognition: General Electric has ventured into the world market thus gaining global recognition for its unique goods and services. In the year 2009, Forbes magazine ranked GE as the world's largest company. Hurbert (2007) notes that General Electric's brand is the world's most recognized brand. This kind of recognition has given it a competitive edge over other companies due to its ability to attract more customers. Global strength and competitiveness:The Company’s products
Words: 1057 - Pages: 5
Leadership Talents of Jack Welch Jack Welch was a successful Chief Executive Officer (CEO) of General Electric Co. (GE) for twenty years (1981 – 2001). He was admired and feared for the “new vision” that was implemented at GE. Jacks talented strategies were based on how he saw the hierarchy layers of management, how he analyzed the 42 strategic business units, and how he implemented the culture of GE to have the feel and the passion that he had been striving for. These strategies received
Words: 451 - Pages: 2
