McKinsey Matrix (The GE multi factoral) With the help of McKinsey and Company‚ a leading consulting group‚ the General Electric Company (GE) developed a popular business portfolio analysis tool called the GE Multifactor Portfolio Matrix. This tool helps managers develop organizational strategy that is based primarily on market attractiveness and business strengths. Industry attractiveness might be determined by such factors as the rate of industry growth‚ the number of competitors in an industry
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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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Planning at GE Oil and Gas GE Oil & Gas was established in 2012 when GE Energy was divided into three new business units of General Electric. Prompted by poor financial performance‚ GE Oil & Gas was created in an effort to simplify business and also make General Electric more visible to its shareholders ("Working Environment | GE.com"‚ n.d.‚ p. 1). GE Oil & Gas has grown to become one of the key players in the energy sector. Operating in more than 100 countries and employing 43‚000 people‚ GE Oil & Gas
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PUBLIC RELATIONS IN THE NEEDS OF THE ENVIRONMENT * Public relations may include an organization or individual gaining exposure to their audiences using topics of public interest and news items that do not require direct payment. * Lee published a Declaration of Principles‚ which said that public relations work should be done in the open‚ should be accurate and cover topics of public interest * The aim of public relations by a company often is to persuade the public‚ investors‚ partners
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3/25/2011 Ge Making Of Ceo Management of Organizations Case Write-up 1 – GE’s Talent Machine: The Making of a CEO http://www.papercamp.com/print/GeMaking-Of-Ceo/10993 1.What philosophy‚ policies‚ and practices have made GE a “CEO factory” as Fortune called it? General Electric (GE) has traditionally had a hands-on approach to talent management. There is a high degree of involvement of the top management in its people policies. There is a top-down approach to human resource policy. Also‚ GE recognized
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Insights……………………………………………………….6 6. Case Analysis....………… ……………………………………………………..7 7. Conclusion ……………………………………………………..........................7 8. 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
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Marketing Plan (Stage 1) The General Electric Company‚ or GE‚ is an American multinational conglomerate corporation incorporated in New York. The company operates through five segments: Energy Infrastructure‚ Technology Infrastructure‚ NBC Universal‚ Capital Finance and Consumer Industrial. Today the company has 304000 employees around world. GE participates in a wide variety of markets including the generation‚ transmission and distribution of electricity‚ such as nuclear‚ gas and solar power
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GE Capital Analysis Recommendation on Argentina’s future outlook Abstract This dissertation will determine Argentina’s current political‚ economical‚ social‚ and legal macro environments in order to make a consensus on a recommendation for the next step in GE Capital’s involvement within the country. Recommendation will be based on analysis on previous economic‚ political‚ legal and social environments of Venezuela
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STRENGTHS Global recognition: General Electric has ventured into the world market thus gaining global recognition for its unique goods and 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
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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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