GB560 Designing, Improving and Implementing Processes
Lonnie White
Kaplan University
12/10/2014
UNIT 1 ASSIGNMENT
Q#1 Provide the name of the organization (this must be a real organization and you may use the organization where you currently work; describe the organization’s size and summarize the primary mission of the organization. Don’t simply copy from the organization’s mission statement.
Process Improvement is critical in the many stages of the manufacturing industry. For this discussion and breakdown we will utilize the General Electric Corporation in describing certain processes it uses on a daily, quarterly and yearly basis which help it remain one of the top manufacturing and business entities of today’s world. This business analysis focuses on the General Electric Corporation and how it has achieved success, becoming a world leading industrial conglomerate. GE is one of the 12 original Dow Jones industrial entities circa 1891; and since that time the firm has grown exponentially by way of acquisitions and mergers including the manufacture and sale of its own trademark technology such as the electric light bulb and the phonograph. Along with common household appliances and electronics, some of the finest industrial innovations by GE include avionics and jet engine manufacturing, financing and energy supply. GE is also responsible for diversified medical technologies, advanced transportation, modern media and satellite communications to name some of the company’s varied interest. As of December 2012, GE maintains 305,000 skillfully trained, dedicated professional employees globally. This diversified workforce is a contributing factor as to why the company maintains its position atop Forbes Magazine’s, short list (Waters, 2009).
GE’s mission has always been to be an innovative leader in manufacturing and making products better for the world. Through its finance segment GE looks
References: Balanced Score Institute, (2014). Balanced Scorecard Basics. Retrieved from http://balancedscorecard.org/Resources/About-the-Balanced-Scorecard General Electric, (2014). GE Advantage; What is GE Advantage? Retrieved from http://www.ge.com/b2b/advantage iSix Sigma.com, (2013). What Is Six Sigma? Retrieved from http://www.isixsigma.com/new-to-six-sigma/getting-started/what-six-sigma/ ISO.org, (2014). Quality Management Principles. Retrieved from http://www.iso.org/iso/qmp_2012.pdf Kiger, P. (2013) U.S. Phase-Out of Incandescent Light Bulbs Continues in 2014 with 40-, 60-Watt Varieties. Retrieved from http://energyblog.nationalgeographic.com/2013/12/31/u-s-phase-out-of-incandescent-light-bulbs-continues-in-2014-with-40-60-watt-varieties/ Waters, W.C.(2009). George Washington University, Evolution of Leadership Development at General Electric: Source: Engineering Management Journal Vol. 21 No. 1.