General Electric is an American conglomerate currently ranked #9 on the Fortune 500 list. The firm operates in four primary business segments; Energy‚ Technology Infrastructure‚ Capital Finance and Consumer / Industrial. Headquartered in Fairfield‚ CT‚ General Electric has grown over the past 122 years into a financial behemoth realizing revenue in excess of $146 billion in 2013. Throughout its existence‚ General Electric has demonstrated an inconsistent record in terms of ethical governance and
Premium General Electric Thomas Edison Management
to create wealth by using means that avoid harm to‚ protect‚ or enhance societal assets. Did GE in the Welch era fulfill this duty? Could it have been done better? What should it have done? Jack Welch did make GE the most valuable company in the world. He was described as “the most important and influential business leaders of the 20th Century” by some Wall Street analyst. Nevertheless‚ Jack Welch as the CEO did not fulfill the duty of social responsibility. He did not avoid harm or protect societal
Premium General Electric Social responsibility Cost
CEO Case Study Analysis Darien O’Neal Brandman University General Electric Business Process Analysis and Innovation BUSU 630 Prof. John Besaw October 8th 2012 General Electric CEO Case Study The General Electric (GE) that Jeffrey Immelt inherited in 2001 was widely regarded as one of the world’s most successful companies of all time. It was the only company that has remained a member of the Dow Jones industrial index since the index was first created (Rowe & Guerro‚ 2010). It can
Premium General Electric
Case Study – General Electric ------------------------------------------------- Management Essentials Cody P This document under review was taken from a Wall Street Journal article titled‚ “GE’s Drive to Purge Fraud is Hampered by Workers’ Mistrust.” Right away it is clear that the writer of this article has a particular bias towards GE‚ and not the employees. After carefully reading‚ analyzing and just a little bit of reading between the lines‚ I have taken a similar stance. The
Premium Report Jack Welch General Electric
Leadership Talents of Jack Welch Submitted by: Leadership Talents of Jack Welch Jack Welch was a successful Chief Executive Officer (CEO) of General Electric Co. (GE) for twenty years (1981 – 2001). He was admired and feared for the “new vision” that was implemented at GE. Jacks talented strategies were based on how he saw the hierarchy layers of management‚ how he analyzed the 42 strategic business units‚ and how he implemented the culture of GE to have the feel and the passion that he
Premium General Electric Management occupations Executive officer
Introduction Jeffery R. Immelt became the Chairman of General Electric (GE) in 7th September 2011‚ replacing his famous predecessor‚ Jack Welch. The 33 year old GE veteran had acquired his MBA from Harvard Business School the same year he joined General Electric in 1982. He climbed the corporate ladder deliberately from being a senior position in the late 1980s‚ to becoming a CEO. Jeffrey Immelt is said to carry a democratic style of leadership as many other leaders have the same style‚ carried
Premium Management Chief executive officer Leadership
Please provide your valuable and unbiased views to make our project analysis in more effective way 1. What is a fashion accessory to you ? A. Necessity B. Status symbol C. Style statement D. other______________(please mention) 2. Do you prefer branded accessories to unbranded accessories? A. Very Strongly B.Strongly C. neutral D. Somewhat E. Not at all 3. What products do you prefer as a fashion accessory(Rate on the basis of level of importance:
Premium Watch
General Electric Company General Electric Company or also popularly known as GE is the biggest conglomerate in the United States. GE has always been firm and strong with its industrial businesses. It offers diversified technology and is also a credible financial services company. With its wide and diverse variety of products of; aircraft engines‚ water processing‚ household appliances‚ power generation‚ industrial products‚ business and consumer financing‚ GE is unquestionably a strong conglomerate
Premium General Electric
Download the original attachment Executive Summary General Electric (GE) is a global market leader which is well known for its technological innovation‚ leadership and world class quality in the conglomerate industry. For the purpose of analysing strategic management in action‚ this report focuses on its Aircraft Engines (hereinafter referred to as “AE”) and Medical Systems (hereinafter referred to as “MS”) business units – a subset of its ‘Technology’ segment. Its macro-forces (sluggish economy
Premium Strategic management
When Jack Welch was named CEO of General Electric‚ Welch saw a company in trouble even though the business world saw GE as an intrinsically healthy corporation‚ secure in its position as a world industrial leader. Welch knew that the company was too large to fail yet GE was too unwieldy to adapt for further growth. The changes he instituted restructured and revolutionized GE and made Welch the most respected CEO in business today. After reading the book there were three parts that really stood
Premium Management Goal Leadership