he prepared for the December 2006 meeting with GE’s CEO Jeff Immelt‚ Pierre Comte faced some difficult decisions. Only eight months into his job as chief marketing officer (CMO) of GE’s Transportation business‚ Comte would be presenting Transportation’s recommendations on some of the most visible growth initiatives in its locomotive business—projects that had been designated “Imagination Breakthroughs.” IBs‚ as they were called within GE‚ were new projects with the potential to generate $100
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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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Rough Draft: Jeffrey Immelt Jeffrey Immelt‚ a genius with the mind of a warrior. During his rise‚ Jeffrey was named CEO when the US was hit hard by the US financial crisis of 2008-09‚ and 9/11 terrorist attacks. Jeffrey is a man in which he decided to make a stand and started looking for ways to grow his company. He decided to remodel the internal systems in the company‚ and decided to look mostly on long-term economic trends in the US. Today‚ Jeffrey’s strategy has change General Electric‚ into
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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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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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Jeff Bezos Jeff Bezos is the chief executive officer‚ founder‚ and chairman of Amazon.com. Born in 1964‚ Jeff has grown to be a technology entrepreneur‚ who has been pivotal in the growth of e-commerce as the founder of an online merchant of a variety of products and services. Over the years‚ the Amazon.com has expanded to become the largest Internet retailer and a model for Internet sales. According to reports by the Business Insider‚ Amazon currently owns 10 percent of the North American e-commerce
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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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This article is about Jeff Bezos‚ founder and CEO of Amazon.com. He is a very good example of a great business leader. He took a huge risk by investing into an ecommerce company in 1994 that was eventually launched in 1995. It started as an online bookstore that started diversifying its product line and target customers by expanding into other countries. At the very beginning of this business the returns were not very good and the company was looking very weak but Jeff Benzos was ready to be unprofitable
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Jeff Koons’ Balloon Dog (Yellow) This essay discusses the sculpture Balloon Dog (yellow) (1994-2000) by American artist Jeffrey Lynn Koons (b.1955). I will explain how Koons uses the Balloon Dog (yellow) to talk about both childhood experience and sexuality‚ and uses these ideas to manipulate the viewers’ emotion. [pic] Jeff Koons‚ 1994-2000‚ Balloon Dog (Yellow)‚ [High chromium stainless steel with transparent color coating‚ 121 x 143 x 45 inches‚ 307.3 x 363.2 x 114.3 cm]‚ The Steven and
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Jeff Bezos is an American entrepreneur who was very influential in the growth of e-commerce. He is the chief executive and founder of Amazon.com‚ Inc.‚ a company that began as an online merchant of books before it expanded to a wide variety of products. Amazon.com is the largest retailer on the internet and the model for internet sales. According to Drexler (2007)‚ Bezos began his early career in house school. He developed the Dream institute which promoted creative thinking among the young students
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