1. GE’s success in producing some of the best CEOs of the world can be mainly attributed to its policy of meritocracy based on measured performance. A strong focus on developing management talent resulted in one of the most refined and efficient HR management processes in the world. Some of the practices that contributed to this success story are: Decentralisation: A shift to decentralised system resulted in increased responsibility for managers‚ provided them with a clear career progress path thereby
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Shooting Star when he realized that he could “do this poker thing full time!” (Chris Moneymaker Bio). And soon an amazing trend began a huge
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LEADERSHIP 1. How difficult a challenge did Welch face in 1981? How effectively did he take charge? When Reg Jones retired and Jack Welch became GE’s CEO in 1981‚ the country was facing a major recession‚ with high inflation and unemployment rates‚ reminiscent of those 50 years earlier during the Great Depression. Thousands of businesses were failing‚ not only affected by the national economic conditions but also due to increased competition from other countries such as Japan. At the time‚ GE was highly
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Mobile phones have been steadily increasing in popularity and use since their first introduction in the 1980s. Since its humble beginnings as an uncommon‚ big and bulky device‚ the cell phone has now become an everyday item that is sleek and pocket-sized. The cell phone was conceptualized in 1947 when researchers realized that small cells‚ or ranges of service area‚ could be used to increase the traffic capacity of the basic mobile phone by a sufficient amount. It was not until 1973 though that Dr
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Why are the Oscars so white? Marialuisa Rincon After noticing that none of the 20 actors nominated for Oscars last year were of color‚ Maryland activist April Reign tweeted‚ “#oscarssowhite they asked to touch my hair.” The hashtag went viral within days and the memes and jokes that stemmed from it served to highlight the lack of diversity that has become a hallmark of academy nominations. It opened up a conversation—first‚ between Reign and her followers—and later‚ among the public‚ celebrities
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Watching television has been recognised as an effective learning method‚ because audio-visual information can attract people’s attention and foster their cultural awareness. Although some people believe that it has some advantageous effects‚ I think that television has some negative impact on cultural development. Many people believe that television damages culture. It promotes the stronger cultures of countries such as North America and Britain and weakens the cultures of less wealthy countries
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In these articles many people believe that haunted houses are a part of why halloween is so popular. Over 1‚200 professional haunted houses are being operated and 300 theme parks as well. Many of these haunted houses are very popular because people just like a good scare and it’s fun‚ it has been a tradition for a long time‚ and haunted houses make a lot of money. To begin‚ many people like a good scare. The people pay good money to be scared‚ they like the thrill of the clowns and scary people
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candy‚ and five and dime stores. Now‚ penny poker would be played with dollar bills‚ penny candy could cost you a couple hundred pennies‚ and the five and dime is a “dollar store”. The value of money has dropped leaving everything more expensive. As source C states‚ “it takes nearly a dime today
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Reported by Forbes as the largest company of 2009. • The company has 3 23‚000 employees. • The company deal with huge number of products which include Genie‚ Aviation‚ Jet engines‚ Electricity‚ Entertainment‚ Finance‚ Gas‚ turbines‚ Generation‚ Industrial Automation‚ Lighting‚ Medical imaging equipment‚ Medical technology‚ Health informatics‚ Electric motors‚ Locomotives‚ Wind turbines‚ TV and motion pictures. • GE has total asset of worth US$ 797.769 billion as per Company 2008 Balance
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Project overview JSPL is an industrial powerhouse with a dominant presence in steel‚ power‚ mining and infrastructure sectors. The company implemented the 2400 MW (4 x 600 MW) thermal power expansion project at Tamnar‚ Raigarh in Chhattisgarh at a cost of approx. Rs 13‚000 crore. All the four units were commissioned in a phased manner . JSPL Group ’s installed generation capacity in Raigarh belt reached 4‚294 MW‚ thereby achieving ultra-mega power plant (UMPP) scale. The first unit of the 600 MW
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