CEO Jeffrey Immelt and the reinvention of GE 8 July‚ 2014 It has been 13 years since Jeffrey Immelt took the reins of American colossus General Electric from the legendary Jack Welch. Having weathered the early years‚ besieged by a storm of economic and business challenges‚ Immelt is at last taking steps to realise his own vision for GE – which includes moving away from finance‚ and becoming a more agile and globalised company‚ focused on its core identity as a maker of industrial equipment
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Acquisition consultant DATE: July 15‚ 2008 RE: HAIER/GE Acquisition It is ironic and coincidental this memo comes on the heals of the massive Anheuser-Busch/InBev acquisition. The leak of our interest in GE Appliance by Wall Street Journal blog “Deal Journal” has not sullied our position or interest. It is strongly recommended Haier begin to line up financing for an asset purchase of GE Appliance. Louisville‚ KY-based GE Appliance is an attractive acquisition target for Haier
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years. Welch used his transformational leadership skills and started to transform GE by creating competitive strategies that would help rebuild GE’s competitive power. “Welch set the standard for each business to become the #1 or #2 competitor in the industry –
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Case Study: GE: Jeffrey Immelt – Change in Strategy‚ Style and Culture Sandra Armenta South University Online Dr. Patrick Udeh January 30‚ 2012 Case Study: GE: Jeffrey Immelt – Change in Strategy‚ Style and Culture In all companies changes in strategies‚ style and culture are experienced when management changes occur. This was no different with GE. As Jack Welch stepped down as CEO after 20 years‚ Jeffrey Immelt was chosen as his successor. He had some big shoes to fill. “Immelt became
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------------------------------------------------- Written Case Decision Analysis ------------------------------------------------- GE‘s Imagination Breakthrougs: The Evo Project The case GE´s Imagination Breakthroughs: The Evo Project is a really interesting case‚ it talks about the dramatic change that the company General Electric had to face in order to grow‚ and the process that the CEO had to pass in his first years in charge of the company. It also takes us in the quest of understanding
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Case of the Rotary Compressor Elevator Pitch: Every good case tells one good story. The simple story told in this case is how one of the most financially and well-managed companies in the history of the world‚ GE‚ decided to rush to market with a new refrigerator compressor (they thought was exactly like one used for air conditioners)‚ without sufficient testing and it failed‚ miserably in the field. Several early warnings during development were ignored‚ and negative information was discounted
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GE and the Pros and Cons of Ethical Code Abstract What do we mean when we say business ethics? In this paper we discuss the business ethics and the pros and cons of implementation and compliance. Looking at one of the most successful companies in the world‚ we have found that a “Code of Ethics” has multiple roles when considering the ramifications of following or not following those codes. General Electric is looked upon as one of the largest corporate governing companies in
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Kelsey Galati WMST 340 Metacommentary As my last upper division GE‚ it would be an understatement to say that I was tired of the regular‚ fact-reciting‚ GE courses. I’d taken one too many courses that were based on memorization of facts‚ all of which were forgotten twenty minutes after the test. For these reasons‚ I decided to make my last GE class Women’s Studies 340. Not only had I heard the material was motivating‚ but also that there wasn’t a final at the end of the semester‚ a huge bonus
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Case 6: Implementing Six Sigma at GE Fanuc Statement of the problem: * How was GE’s corporate-level vision of Six Sigma put into practice at the GE Fanuc manufacturing site? * What is the difference between direct labor savings and labor cost avoidance savings from a managerial perspective? We come up of different problems regarding the use of testing: They consume much in electricity They have expensive maintenance cost per oven They are paying high labor cost Objectives
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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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