Principles of Management
Individual Research Project VI
Company Selection and Description General Electric Company, or GE, is an American multinational conglomerate corporation. GE is incorporated in Schenectady, New York and its headquarters are in Fairfield, Connecticut. The company operates through four segments: Energy, Technology Infrastructure, Capital Finance and Consumer & Industrial. GE was ranked the 6th largest firm in the U.S. by Fortune in 2011. The company operates in more than 150 countries and employs about 300,000 people worldwide. GE works on things that are important such as, energy solutions, health and home, transportation and finance (GE imagination at work, 2012).
Socially Responsible Behavior General Electric demonstrates a high social responsibility behavior by finding and creating solutions in energy, health and home, transportation and finance. They build, power, move, and cure the world. GE has recently launched a website called GECitizenship, which is designed to communicate its social responsibility and sustainability efforts. This website focuses on People, Planet and Economy. These efforts and behavior of GE prove them to be a socially and ethically responsible Company (GE citizenship, 2012).
Significance to Managers or Managerial Students I chose this company because it can show managerial students a directional approach to becoming a socially responsible company. This company does so many good things for society and for their employees that managerial students can beneficially learn from. Managerial student can learn how to contribute to the community, be a good corporate citizen, be ethical, obey the law, and be profitable all at the same time. GE definitely represents those qualities and can be a good example for any managerial student or aspiring manger for that matter.
Person Interviewed Biography Jeffrey Immelt, CEO of General Electric Company, has been with the company since 1982. Mr. Immelt received his B.A. degree in applied
Company Selection and Description General Electric Company, or GE, is an American multinational conglomerate corporation. GE is incorporated in Schenectady, New York and its headquarters are in Fairfield, Connecticut. The company operates through four segments: Energy, Technology Infrastructure, Capital Finance and Consumer & Industrial. GE was ranked the 6th largest firm in the U.S. by Fortune in 2011. The company operates in more than 150 countries and employs about 300,000 people worldwide. GE works on things that are important such as, energy solutions, health and home, transportation and finance (GE imagination at work, 2012).
Socially Responsible Behavior General Electric demonstrates a high social responsibility behavior by finding and creating solutions in energy, health and home, transportation and finance. They build, power, move, and cure the world. GE has recently launched a website called GECitizenship, which is designed to communicate its social responsibility and sustainability efforts. This website focuses on People, Planet and Economy. These efforts and behavior of GE prove them to be a socially and ethically responsible Company (GE citizenship, 2012).
Significance to Managers or Managerial Students I chose this company because it can show managerial students a directional approach to becoming a socially responsible company. This company does so many good things for society and for their employees that managerial students can beneficially learn from. Managerial student can learn how to contribute to the community, be a good corporate citizen, be ethical, obey the law, and be profitable all at the same time. GE definitely represents those qualities and can be a good example for any managerial student or aspiring manger for that matter.
Person Interviewed Biography Jeffrey Immelt, CEO of General Electric Company, has been with the company since 1982. Mr. Immelt received his B.A. degree in applied
References: Immelt, GE, J. (2009, June 26). Text of Immelt 's speech [Speech transcript]. Retrieved from U.S. edition database. Jeff Immelt, CEO. (n.d.). Retrieved January 29, 2013, from GE imagination at work website: http://www.ge.com/company/leadership/jeff-immelt