Question 1: In what ways has Jeff Immelt redirected the strategy of GE? In 2001‚ shortly after Jeff Immelt became the CEO of GE‚ a series of events changed and impacted the corporate landscape. The immediate challenges that he faced included 9/11‚ and a subsequent series of high profile corporate scandals (Enron‚ WorldCom). In 2008‚ the financial crisis hit and had a severe impact on GE’s primary growth source‚ GE Capital causing it to accumulate bad debts and asset write-downs. These events caused
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Chapter 19 Valuation and Financial Modeling: A Case Study 19-1. You would like to compare Ideko’s profitability to its competitors’ profitability using the EBITDA/sales multiple. Given Ideko’s current sales of $75 million‚ use the information in Table 19.2 to compute a range of EBITDA for Ideko assuming it is run as profitably as its competitors. Ideko’s 2005 sales are $75 million. Find the highest and lowest EBITDA values across all three firms and the industry as a whole: EBITDA/Sales (%) EBITDA
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A Strategic Framework for Customer Relationship Management Introduction: This article explores the plethora of literature available on CRM and relationship marketing and emphasizes the need for a single‚ process-based framework that helps in making a comprehensive CRM strategy followed by its successful implementation. The objective is to highlight CRM’s role in enhancing
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hierarchy level from 9 to 4. 2. Fix‚ Sell or close the business in which GE is not either No.1 or No.2. Between 1981 to 1990 they had sold more than 200 businesses which has accounted for 25% of 1980 sales. 3. Restructuring the organization - Jack Welch stated the above objective into a 3 circle concept. Business were categorized as core (with the priority of “reinvesting in productivity and quality”)‚ high-technology (challenged to “stay on the leading edge” by investing in R&D)‚ and services
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The Ge’ez Fidel or script is the only native African writing systems still in use in the world today. At Fidel Creations we believe this is a cause for celebration. That pure love for everything Fidel gave birth to Fidel Creations - a design studio and a product line with the Ethiopic Ge’ez script or Fidel as it’s called‚ and Ethiopic motifs front and center in its design philosophy. Our goal is to layer in this beautiful script into your visual landscape interpreted into various products. Introducing
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McGraw-Hill Companies‚ Inc. All rights reserved. Chapter 2 Competing with Information Technology McGraw-Hill/Irwin Copyright © 2008‚The McGraw-Hill Companies‚ Inc. All rights reserved. 2008 The McGraw-Hill Companies‚ Inc. All rights reserved. Learning Objectives • Identify basic competitive strategies and explain how a business can use IT to confront the competitive forces it faces • Identify several strategic uses of IT and give examples of how they give competitive advantages to
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Case Study 1. How do information technologies contribute to the business success of the companies depicted in the case? Provide an example from each company explaining how the technology implemented let to improved performance. Information technologies are imperative to businesses and organizations that want to be successful. In this case‚ there were three companies that demonstrated how information technologies helped their business. The first company was eCourier. eCourier delivers packages
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GE’s digital Revolution Redefining the E in GE Within 18 months of introducing the e-business initiative‚ Internet Week named GE the ~{!0~}Internet Company of the Year.~{!1~} How was GE to drive this ambitious company-wide program throughout its complex and diverse organizations so quickly and effectively? GE is a huge company‚ with 3 dozen of business areas‚ over 300 thousand employees and annual sales revenue as high as 129 billion in the year of 2000. It was the "social architecture" (culture
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Huawei Strategic Information Technology Plan Tricia L. Miller MGT 497 Thomas Hennefer May 9‚ 2011 Huawei Strategic Information Technology Plan Executive Summary The Huawei Technologies organization is a leader in innovative technologies and has developed a strong strategy to expand and grow as innovators. Huawei Technologies has embraced technology and has been innovative since the inception of the firm. “Huawei has built comprehensive advantages in core areas such as wired and wireless
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Information Technology and quality customer service: How is this achieved at the County of San Bernardino? In times past quality service was not important to managers and staff that worked for the County of San Bernardino. However due to the proliferation of corruption and mismanagement taxpayers are demanding more for their dollar. It is a known fact that when local government is run efficiently more people can be put to work. The money saved from this can in turn be used to benefit the local
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