transportation‚ and home and business solutions to financial services. Based on the peer group information from MorningStar.com‚ GE has several competitors‚ such as Siemens AG‚ 3M Co‚ Honeywell International‚ Inc.‚ ABB‚ Ltd.‚ Danaher Corporation‚ and Emerson Electric Co. (Exhibit 1). We selected these 6 companies as GE’s peer group in ratio analysis later on. GE is one of the largest and most diversified technology and financial services corporations in the world. It has a wide exposure to different sectors
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GE’s Talent Machine : The Making of a CEO ________________________________________ Founded in 1878 by Thomas Edison‚ General Electric is nowadays a leading business in electrical generation‚ distribution and use in America and in the world. The company has been experimenting successful business models since its creation‚ and its human resources policy has been considered for a century one of the most sophisticated. It consists in a strong focus on human potential through executive development
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Pacesetting Leadership One of the six leadership styles that Daniel Goleman described in his theory of emotional intelligence was the pacesetting leadership style. While each of the six leadership styles has its role in today’s workplace‚ pacesetting leadership is one of those styles that should be used sparingly. Attributes of Pacesetting Leaders The phrase that best describes the operating mode of the pacesetting leader is: "Do as I do‚ now." That’s because the pacesetting leadership style
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ust seven congressional votes cast on 21 March 2010 brought to an end a bitterly-fought ideological battle over healthcare reform in the US‚ with President Obama’s historic Patient Protection Affordable Care Act passed through Congress. It had been an ugly slog‚ marred by bitter partisan politics from both Democrats and Republicans‚ that had brought to the fore one of the most pressing economic and social issues of the modern era: health. Just a month earlier‚ as Congress was horse trading
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GE Healthcare PRESS RELEASE Time-saving tech: GE Healthcare focuses on improved workflow Showcasing solutions that enhance clinical confidence with fast‚ efficient‚ accurate diagnosis CHICAGO – December 3‚ 2014 – Long wait times‚ disorganized data‚ slow results and anxiety before a procedure. Often‚ these pain points muddle the healthcare process for clinicians and patients. Today at the Radiological Society of North America (#RSNA14) annual meeting‚ GE Healthcare (NYSE: GE) has unveiled new technologies
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Case Study: GE’s Two–Decade Transformation: Jack Welch’s Leadership Case Group 3 Executive Summary The purpose of this report is to provide an analysis of GE’s revitalization efforts during the tenure of their infamous CEO Jack Welch. This detailed examination of the impact of Mr. Welch’s leadership style and the changes he implemented will be supported by our strategic recommendations aligned with our course lectures. The learning objective is to understand the evaluation of Welch’s
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How does a company become successful and stay successful? Certainly not by playing it safe and following the traditional ways of doing business! Taking a strategic risk is what General Electric (GE) did when it launched its Ecomagination strategic initiative in 2005. According to Jeffrey Immelt‚ Chairman and CEO: Ecomagination is GE’s commitment to address challenges‚ such as the need for cleaner‚ more efficient sources of energy‚ reduced emissions‚ and abundant sources of clean water. And
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longer sell themselves‚ it had to invent a formidable marketing function from scratch. by Beth Comstock‚ Ranjay Gulati‚ and Stephen Liguori 90 Harvard Business Review October 2010 HBR.ORG J ILLUSTRATION: GARY NEILL ust 10 years ago General Electric had no substantial marketing organization. For decades the company had been so confident in its technologies that it seemed to believe the products could market themselves. People designated as marketers were assigned to sales support (lead generation
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of determinedness been so vividly and accurately expressed as by Jack Welch and the King’ s Speech. I cannot imagine the GE without Jack Welch‚ but I am sure that if he left GE at that time‚ we will lose the "most revered CEO". Welch joined General Electric in 1960. At first‚ he worked as a junior engineer‚ at a salary of $10‚500 annually. Welch was displeased with the $1‚000 raise he was offered after his first year‚ as well as the strict bureaucracy within GE. However‚ Reuben Gutoff‚ a young executive
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rP os t TB0383 Andrew C. Inkpen General Electric’s Corporate Strategy Like the premature obituary of writer Mark Twain‚ reports of the death of the conglomerate are often exaggerated. Diversified companies‚ straddling multiple industries‚ or even just different parts of one large sector‚ remain a dominant‚ if not always fashionable‚ feature of stock markets from the U.S. to continental Europe and Asia. But a new backlash against conglomerates suggests that a more lasting shift in investor preferences
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