GE Stakeholders –Distinction Criteria *D1 – Evaluate the influence the different stakeholders can exert in one organisation* General Electric (GE): • The CEO – Jeffery Immelt: The extent of the influence: The CEO (Jeffery Immelt) of General Electric has a huge influence on the company‚ as he is the leader and the most important person in the company. You would say that he has the biggest influence because what he says and what he thinks should be done within the company will happen
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The Voyage from MBA to CEO Jeff Immelt graduated from Harvard MBA and had been recruited to GE on 1982. Immelt greatly impressed Dennis Dammerman‚ the executive overseeing GE’s MBA recruitment. Then‚ Immelt entered on a commercial leadership track that included real work assignments in different GE businesses. After completing the training program‚ Immelt become regional sales manager for GE Plastic in Dallas and responsible for 15 direct reports. In 1987‚ Immelt was tapped to attend the
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Same lessons can be learnt from different case studies (for example‚ many companies ignore the importance of technologies). Note: Please do your own research to get some additional information about these companies. Assignments Questions Read the GE Case Study What are the 5 key lessons learned from this case study What is the relationship to Other Case Studies (common lessons‚ new lessons) Read the Rand McNally Case Study What are the 5 key lessons learned from this case study What is
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used in order to determine which stock is a better buy or if the company being looked at is performing better than the peers. This paper will compare GE and Tyco to determine which one has been performing at a higher level than the other. To value these companies certain data must first be provided‚ the first one is common stockholders equity. For GE the total is $112‚314‚000 and for Tyco the total is $15‚624‚000. Next the market capitalization for each firm will be provided. Since Tyco has 49
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Organizational Culture � PAGE �10� Reading an Organization’s Culture: General Electric (GE) Introduction Every business has its own set of values and beliefs that make up an organizational culture that is unique to each specific business. "_Organizational Culture_ is a complex set of basic underlying assumptions and deeply held beliefs shared by all members of the group that operate at a preconscious level and drive in important ways the behavior of individuals in the organizational context"
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Welch‚ had built GE into a highly disciplined‚ extremely efficient machine that delivered consistent growth in sales and earnings. However‚ after Immelt took over GE from Welch‚ Immelt recognized the necessity for strategic change in the GE when he took considering the situation of economic downturn. 9/11issue and Enron Scandal triggered a downturn in the economy‚ which in turn affected GE’s stock market price. Immelt saw little need to challenge the basic business model no which GE had operated for
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Transformation 1.How difficult a challenge did Welch face in 1981? How effectively did he take charge? When Jack Welch assumed as CEO of GE in April 1981‚ he had the challenge of revitalizing the competitiveness and productive competency of the company. In 1981 the economy was in a recession and high unemployment combined with high interest rates exacerbated GE’s problems. GE needed to be restructured and this entailed the modernization and streamlining of operations‚ downsizing the organization‚ reduction
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You are trying to maximize it; By changing the three cells that contain your weightings; With the constraint that the sum of your weightings equals 1. 1 Specifically‚ the stocks that are included in the spreadsheet are GM‚ GE‚ MRK (Merck)‚ AA (Alcoa)‚ IP (International Paper)‚ IBM‚ and AOL.
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and is initiated as a corporate strategy. Moving forward with diversifying can mean a company becoming lost and ridden with debt. Some corporations such as General Electric (GE) have experienced success while others such as Time Warner have experienced less success. This paper will compare and contrast Time Warner and GE in terms of size‚ global presence‚ financials and whether or not their diversification strategy was successful or unsuccessful. To begin‚ the Warner Brothers established what
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Pioneering IT deployment within the industry / sector. Case.2: GE Energy & GE Healthcare: Using IT to create strategic customer relationships. * The Presentation should address the following issues: * GE Energy: Benefits of network-enabled remote monitoring‚ diagnostics and servicing for the customers. * GE Energy: Benefits of network-enabled remote monitoring‚ diagnostics and servicing for GE Energy. * GE Healthcare: Benefits of using MRI machines as a managed service than
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