using means that avoid harm to‚ protect‚ or enhance societal assets. Did GE in the Welch era fulfill this duty? Could it have done better? What should it have done? I believe that Welch only fulfilled one portion of his corporate social responsibility duty. Financial results for GE show that Welch was very effective in directing a highly profitable company‚ but he did so at the expense of many of the employees of the business. Over the years‚ employees were assigned a ranking system comprised of
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General Electric General Electric (GE) occupied the eighth spot on Fortune 500’s list of companies at the close of 2013. While number eight was a slide from 2012’s number six GE maintains its position‚ as one of the world’s largest and most influential corporations. Today‚ GE’s operates in over 160 countries and is led by Jeffery Immelt. During 2013 GE reported‚ total revenues approached 147 billion USD and profits around 13.6 billion USD. (CNNMoney‚ 2013). GE appears in textbooks from the third
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American icon Thomas Edison‚ General electronic (GE) has been admired for his performance and spirit for more than 125 years. The businesses that they invent and build fuel the global economy and improve people’s life. GE is s very large corporation with business in a wide range of industries‚ including‚ aerospace‚ power system‚ health care‚ commercial finance and consumer finance. Today GE has more than 11 technology‚ services and financial business with more than 315‚000 employees in 160 countries
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1. How difficult was the task facing Immelt assuming the CEO role in 2001? What imperatives where there to change? What incentives to maintain the past? 2. What do you think of the broad objectives Immelt has set for GE? Can a giant global Conglomerate hope to outperform the overall market growth? Can size and diversity be made an asset rather than a liability? 3. What is your evaluation of the growth strategy (a strategy for a giant global conglomerate with a portfolio of mature industrial
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Electric (GE) This case explores General Electric’s quest to become the number 1 or 2 company globally in every business in which it participates. General Electric‚ the largest industrial conglomerate in America‚ produces a range of goods and services including home appliances‚ jet engines‚ power generators‚ medical equipment‚ and television broadcasting. Over 40 percent of its revenues today come from international sales‚ and it is expected that by 2012‚ some 55-60 percent of its business will be
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Planning Florin Andrei Stancu ID: 20698 KFC Case Study Introduction KFC (Kentucky Fried Chicken) is one of the most popular and widely spread fast food chain spread across various countries. KFC has established in market as a specialist in fried chicken. Headquartered in Louisville‚ Kentucky‚ US‚ KFC today is world’s second largest fast food chain after McDonalds with presence in several countries. As of December 2012‚ KFC had more than 18‚000 outlets spread across
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mortal allows its managers to take calculated risks. A manager’s independent decision making responsibility results in increased self-confidence. Further‚ exposure to managing diverse businesses‚ results in enhancing the business acumen of high-potential managers. Instilling the ‘GE Attitude’: A personal contact between CEO and high-potential managers develops a in them an attitude that inspires them to re-define the game in addition to meeting targets. Thus‚ creative and practical ideas result‚ contributing
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HBR - GE ’s Two-Decade Transformation: Jack Welch ’s Leadership Dawn Davis California Baptist University Professor Putulowski 18 October 2014 Summary of Backgrounds and Facts Jack Welch introduced transformational leadership at General Electric (GE) with the aim of stretching the organization towards achieving global objectives. Welch took the helm of the organization in 1981‚ at a time when the US economy was overwhelmed by recession. In addition‚ his predecessor‚ Jones‚ had introduced a highly
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Vibrating screen works depending on the complex rotary type vibration generated by vibrator. The vibrating screen is mainly classified into linear vibrating screen and circular vibrating screen. According to the vibrating type of the screen‚ the vibrating screen can be classified into the single shaft vibrator and double shaft vibrating screen. Vibrating screen is mainly used in mining‚ smelting‚ building materials‚ coal‚ refractory materials‚ light industry‚ chemical industry‚ medicine‚ food and
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General Electric Comprehensive Company Analysis BA 498-Business Policy and Strategy Spring 2010 Table of Contents Executive Summary Page 1 Proposed Mission Statement Page 2 Environmental Mission Statement Page 2 External Audit Pages 2-4 Opportunities Page 3 Threats Pages 3-4 Competitive Environment Analysis Page 4 Rivalry Among Competing Firms Page 4 Potential Entry of New Competitors Page 4
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