BREAKTHROUGHS : THE EVO PROJECT GE BUSINESSES JACK WELCH PROCESS ORIENTED Effective operations management Timely acquisitions and clever deal making Financially based strategies Efficiency driven JEFF IMMELT MARKETING ORIENTED Market value of technological advancements Organic growth – given top priority Technology leadership Commercial excellence Global expansion Marketing driven Long term‚ research- based approach to his tasks Immelt is transforming GE from a process and acquisition
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Name – Mamta Timane Subject – Organization Development Assignment – GE Workout Three activities are generally mentioned as being keys to General Electric’s success: process mapping‚ “best practices” benchmarking‚ and “workout” (Stewart‚ 1991). Workout is GE’s approach to intensive team problem solving. An organization contacted us with a desire to adapt a GE workout-type process for use in their organization. We believe our efforts to respond to our client’s questions and concerns about the
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number of initiatives on taking charge of GE in 1981. Was there a strategy driving the initiatives? Were the initiatives effective in accomplishing what Welch was aiming for? When Jack Welch joined the GE‚ there were many challenges in front of in terms of US economy recession‚ high interest rate‚ high inflation rate and the highest unemployment rate including the high standards raised by his predecessor CEO. He made following strategic changes to deal with the challenges. #1 or #2: Fi x‚ Sell
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December 2004 The Fusion DVR Series by Honeywell offers the latest in digital technology. Models include 8‚ 16 and 32 channel units. Storage capacity 120GB to 1 terabyte of internal storage. Fusion DVR Series Fusion’s ability to select resolutions up to 720x576 and capture up to 400 images per second (PAL)‚ allow critical information to be processed in an accurate and efficient manner. The Fusion Series offers intelligent recording. Users can customise recording schedules based on their
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1. GE doesn’t come up with innovations in poor countries and take them global 2. GE sell high-end medical imaging and diagnostic products globally 3. GE has following sites for RD efforts: US(Niskayuna)‚ India (Bangalore)‚ China (Shanghai)‚ Europe(Munich)+Brazil(Sao Paulo)‚ US(Detroit). They place RD centers in those countries to be closer to important markets + availability of talent. India: 1. India was an attractive base for the cost reasons and ample supply of talent 2. India
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As is known to all‚ most successful medical equipment manufacturing companies like GE Healthcare satisfy customers ’ need as possible as they can and they are still on the way to improve their supply chains to attract more customers and make themselves more competitive. From this‚ we can see that customer value which can be defined as "the customer ’s overall assessment of the utility of a product based on perceptions of what is received and what is given" (Zeithaml‚ 1988‚ p. 14) plays a very important
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CASE 11: General Electric Healthcare‚ 2006 1. Was buying Amersham a good idea? Why or why not? We support the idea that GE Healthcare‚ which is one of the biggest conglomerates globally‚ took the right step in acquiring the business Amersham in order to expand the business and restructure its core business into becoming a global standardized business aiming to provide products that answers the needs of consumers in the market today. The following
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Journal of Family Business Management Emerald Article: Gender in family business management: a multinational analysis Matthew C. Sonfield‚ Robert N. Lussier Article information: To cite this document: Matthew C. Sonfield‚ Robert N. Lussier‚ (2012)‚"Gender in family business management: a multinational analysis"‚ Journal of Family Business Management‚ Vol. 2 Iss: 2 pp. 110 - 129 Permanent link to this document: http://dx.doi.org/10.1108/20436231211261862 Downloaded on: 02-10-2012 References:
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Name: Justin Dean ID: 12232 A BPR case study at Honeywell Inc. Summary In this case study it has been explained how Honeywell Inc. has gone through a radical change by implementing the BPR strategies and developed a set of 10 general lessons which are as follows: Lesson one: People are the key enablers of change Lesson two: Question everything Lesson three: People need a systematic methodology to map processes Lesson four: Create team ownership and a culture of dissatisfaction Lesson five: Management
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www.ccsenet.org/ijbm International Journal of Business and Management Vol. 6‚ No. 5; May 2011 Strategic Analysis through the General Electric/McKinsey Matrix: An Application to the Italian Fashion Industry Cesare Amatulli (Corresponding author) Professor of Fashion Marketing Faculty of Education Science‚ University of Bari Piazza Umberto I‚ 70121‚ Bari‚ Italy Tel: 39-80-497-0060 E-mail: c.amatulli@formazione.uniba.it Tiziana Caputo Research Assistant of Marketing Department
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