External Analysis An external analysis is one of the most important tasks to complete when completing a strategic analysis for a given corporation. By looking at our Internal Analysis of General Electric (GE) we identified Strengths and Weaknesses and we were able to recognize the Distinctive and Core Competencies that exist within the General Electric organization. Our external analysis consists of two major analyses: The Competitive Analysis and the Industry Analysis. By taking a closer look
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References……………………………….…………………………………......7 Introduction: Through the Leadership Center‚ GE spends approximately $ 1 billion world-wide every year on training and educating its people. The Center even went further in leadership and learning by its epicenter at Crotonville‚ located in Ossining‚ New York. Attracting a wide range of students from all levels‚ customer service‚ employees‚ top executives‚ and highest-performing executives‚ the center is redefining career events
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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 Sheet. • The company made number of acquisition in previous few years. • Enjoying high revenues and profits. • GE is the fourth most recognized brand in the world. • The ge.com is the 20th domain to have been registered on August 5th 1986. • It has four divisions namely GE Energy Infrastructure
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that had been designated “Imagination Breakthroughs.” IBs‚ as they were called within GE‚ were new projects with the potential to generate $100 million in new business within two to three years‚ and were a key part of Immelt’s organic growth strategy. At the IB Review‚ Immelt expected to hear how Transportation was progressing with each of its locomotive IBs and what plans they had for their future. Within GE Transportation‚ however‚ the future of several IBs had been a source of considerable
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| General Electric -Talent Machine | | Human Resources | General Electric (GE) is a true global company with presence in more than 100 countries. Clearly‚ with a workforce of more than 320’000 employees‚ GE also has to have proper human resources processes established. Its dynamic Business Operation Model and sophisticated and evolved human resources strategy are results of the steady growth over more than 130 years of corporate history. Since its incorporation in 1878‚ many CEOs have shaped
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employs over 26‚000 people at more than 60 locations across India and is listed on FORBES 2000. ITC Limited completes 100 years on 24th August‚ 2010. ITC BUSINESS PORTFOLIO • Fmcg Paper & Packaging • Hotels • Agri Business • Information Technology • Cigarettes • Personal Care • Foods • Lifestyle Retailing • Education & Stationery • Matches • Incense Sticks ‚ Cigarettes • W. D. & H. O. Wills • Gold Flake • Navy Cut • Insignia
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GE Imagination Breakthrough Q : 1 What is your evaluation of Immelt’s new organic growth strategy? Why change GE’s existing successful strategy? Is it reasonable to expect that a $125 billion global giant can significantly and consistently outperform the underlying economic growth rate? What is your evaluation of Immelt’s new organic growth strategy? Answer: Immet’s new organic growth strategy is made up of following elements: * Technical Leadership – Immelt identified technology as
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services. In the year 2009‚ Forbes magazine ranked GE as the world ’s largest company. Hurbert (2007) notes that General Electric ’s brand is the world ’s most recognized brand. This kind of recognition has given it a competitive edge over other companies due to its ability to attract more customers. Global strength and competitiveness:The Company’s products have been recognized for their quality and the company is known for meeting customer-specific needs (General Electric‚ 2009). As a result
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1. Corporate social responsibility is defined in Chapter 5 as the corporate duty to create wealth by 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
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Assignment #2 – GE Money America Case Study GE Money America (formerly GE Consumer Finance) is the consumer finance brand for GE Consumer Finance worldwide. With more than $163 billion in assets‚ GE Money is a leading provider of credit services to consumers‚ retailer‚ and auto dealers in fifty countries around the world. GE Money Americas offers a range of financial products‚ including private-label credit cards‚ personal loans‚ bank cards‚ auto loans and leases‚ mortgages‚ corporate travel and
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