Name – Mamta Timane Subject – Organization Development Assignment – GE Workout Three activities are generally mentioned as being keys to General Electric’s success: process mapping‚ “best practices” benchmarking‚ and “workout” (Stewart‚ 1991). Workout is GE’s approach to intensive team problem solving. An organization contacted us with a desire to adapt a GE workout-type process for use in their organization. We believe our efforts to respond to our client’s questions and concerns about the
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examples) New markets‚ products‚ technologies‚ new ways of thinking about business… Complex network of global centers Rapid movement of product‚ information‚ people and ideas‚ differentiation to the competitors Management of the paradox of global economies of scale and local responsiveness Consideration of the impacts of local decision on the global business Uncertain politics of global markets: increasing political volatility Creation of regional political/economical entities Various
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SUSTAINABLE DEVELOPMENT AND THE GREENING OF BUSINESS STUDENT MENTOR SANDRA MILOSHEVA TABLE OF CONTENTS "In the current business climate‚ a demonstration of corporate social responsibility is more important than ever. What we are analyzing is the quality of that demonstration - how transparent the companies are with respect to their environmental and social issues‚ and how good a job they are doing resolving any problems they currently have and avoiding
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-- Closing Case General Electric’s Joint Ventures -- Case Discussion Questions 1. GE used to prefer acquisitions or greenfield ventures as an entry mode rather than joint ventures. Why do you think this was the case? Acquisitions were thought to be more cost effective and less risky. With GE having total control‚ they did not have to worry about the internal problems of the company and could enhance coordination all the while gaining immediate market share. 2. Why do you think that GE has come
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Case Brief No. 1 – General Electric Medical Systems‚ 2002 1. What is the underlying logic behind the global product idea? What are the costs and benefits that are expected? GPC’s logic is to concentrate manufacturing and ultimately other activities – wherever in the world to keep the same standards across the boards. Benefit – Maintain the quality and reputation of the product globally - Existing similar operation model to implement in different regions Cost - Major internal and
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As is known to all‚ most successful medical equipment manufacturing companies like GE Healthcare satisfy customers ’ need as possible as they can and they are still on the way to improve their supply chains to attract more customers and make themselves more competitive. From this‚ we can see that customer value which can be defined as "the customer ’s overall assessment of the utility of a product based on perceptions of what is received and what is given" (Zeithaml‚ 1988‚ p. 14) plays a very important
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GE / Honeywell’s Failed Merger GE‚ while only encompassing a limited stake in the aerospace industry‚ nevertheless faced challenges in its merger with Honeywell due to its market share in the Large Regional and Large Commercial aircraft segments. Additionally‚ the “portfolio effect” of the merger and GE’s potential to reach “end to end” monopolization of the value chain through the bundling of its financing arm (GE Capital)‚ its leasing subsidiary (GECAS)‚ and Honeywell’s avionics manufacturing
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and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.com With over forty years’ experience‚ Emerald Group Publishing is a leading independent publisher of global research with impact in business‚ society‚ public policy and education. In total‚ Emerald publishes over 275 journals and more than 130 book series‚ as well as an extensive range of online products and services. Emerald is both COUNTER 3 and TRANSFER
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Introduction Corporate governance is concerned with the structures and systems of control by which managers are held accountable to those who have a legitimate stake in an organization. It has become an increasingly important issue for organizations for three main reasons. The separation of ownership and management control of organizations (which is now the norm except with very small businesses) means that most organizations operate within a hierarchy‚ or chain‚ of governance. This chain represents
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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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