| 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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motion pictures. • GE has total asset of worth US$ 797.769 billion as per Company 2008 Balance Sheet. • The company made number of acquisition in previous few years. • Enjoying high revenues and profits. • GE is the fourth most recognized brand in the world. • The ge.com is the 20th domain to have been registered on August 5th 1986. • It has four divisions namely GE Energy Infrastructure‚ GE Technology Infrastructure‚ GE Capital‚ and NBC Universal. • GE is one of the major
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charge? In 1981‚ Jack Welch became the CEO of GE‚ following on the heels of a well-respected leader whom the industry heralded as “CEO of the year” several years in a row. Welch needed to find a strategy for GE to succeed in this economy to avoid being the CEO that broke what Reg Jones had built. In fact‚ when Reg announced his retirement‚ The Wall Street Journal wrote that Jones was a “management legend‚” and that by handing the reins to Welch‚ GE had “replaced a legend with a live wire.” (Bartlett
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Natalee Campbell Professor Lippert April 13‚ 2012. McKinsey and Company: managing knowledge and learning 1)The small firm “accounting and engineering advisors” was able to grow into the world’s most prestigious consulting firm in 50 years by focusing on the one firm vision. The most difficult internal challenge that the company faced was how to manage‚ release and benefit from the knowledge already held by the experts within the company.nThis required the effort of all the experts to communicate
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Political Politics highlight the role of nation governments‚ as the large global company‚ the firm has to deal with national political systems differently. The difficulties to negotiate with government conditions including tax systems‚ regulations and restriction which the firm has to adjust the service conditions and product requirements to get into the nation markets. These will be the huge impact which the firm has to be considered properly in order to work well with the governments and reach
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international markets‚ General Electric (GE) has created international revenues which have been contributed to growth of the company. During the 1980s and 1990s‚ GE made huge foreign investments in Europe‚ Latin‚ and Asia to expand their market. As a result‚ from 20 percent in 1985‚ the revenues from international sales increased to 40 percent in 2001. They realize that China‚ and India have been potential markets which purchase more wide-body jets than United States. Indeed‚ GE is more beneficial because the
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complexity in management to the difficulties that analysts and investors had in understanding their operations. More recently‚ conglomerates have regained some respect. As the largest of the U.S. diversified multinational firms‚ General Electric Company (GE)‚ with over 300‚000 employees‚ generated a variety of opinions‚ such as: Increasingly restive General Electric Co. shareholders‚ frustrated with six years of meager returns‚ are pressuring Chairman Jeffrey Immelt to break up the conglomerate. But some
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General Electric General Electric (GE) occupied the eighth spot on Fortune 500’s list of companies at the close of 2013. While number eight was a slide from 2012’s number six GE maintains its position‚ as one of the world’s largest and most influential corporations. Today‚ GE’s operates in over 160 countries and is led by Jeffery Immelt. During 2013 GE reported‚ total revenues approached 147 billion USD and profits around 13.6 billion USD. (CNNMoney‚ 2013). GE appears in textbooks from the third
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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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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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