Ge Notes

In: Business and Management

Submitted By mohammedhmeda
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Company description

General Electric Co. is a technology and financial services company that develops and manufactures products for the generation, transmission, distribution, control and utilization of electricity. Its products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products. The company operates through eight segments: Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Appliances & Lighting and GE Capital. The Power & Water segment serves power generation, industrial, government and other customers worldwide with products and services related to energy production. The Oil & Gas segment supplies mission critical equipment for the global oil and gas industry, used in applications spanning the entire value chain from drilling and completion through production, liquefied natural gas and pipeline compression, pipeline inspection, and downstream processing in refineries and petrochemical plants. The Energy Management segment designs technology solutions for the delivery, management, conversion and optimization of electrical power for customers across multiple energy-intensive industries. The Aviation segment products and services include jet engines, aerospace systems and equipment, replacement parts and repair and maintenance services for all categories of commercial aircraft; for a wide variety of military aircraft, including fighters, bombers, tankers and helicopters; for marine applications; and for executive and regional aircraft. The Healthcare segment products include diagnostic imaging systems such as magnetic resonance, computed tomography and positron emission Tomography scanners, X-ray, nuclear imaging, digital mammography and molecular imaging technologies. The Transportation…...

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Ge Strategy

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Swot Analysis of Ge

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...dikenal dengan nama GE. Di Indonesia sendiri GE mulai merambah masuk pada tahun 1940an. Sampai dengan saat ini GE sudah menjadi bagian dari hidup jutaan warga Indonesia dengan product dan jasanya, antara lain seperti lokomotif kereta api, barang-barang elekronik rumah tangga, lampu sampai dengan pelayanan finansial perorangan. Ditahun 1970-an GE merintis berbagai kerjasama dibidang teknologi dan bisnis dengan berbagai institusi di Indonesia dan sejak itu kehadiran GE tumbuh berkembang dengan dibentuknya PT. GE Finance Indonesia, PT. GE Lighting Indonesia kemudian PT. GE Technology Indonesia yang kemudian melahirkan PT. GE Nusantara Turbine Service. Di era tahun 2000an perkembangan bisnis GE di Indonesia semakin berkembang dengan cepat. Diawal perkembangannya, GE Indonesia memusatkan industrinya hanya di Jakarta saja. Namun di pertengahan tahun 2010, Management GE merubah strategy perusahaannya dengan melakukan perluasan peranan GE ke wilayah-wilayah provincial di Indonesia. Hal ini sesuai juga dengan tantangan yang diberikan oleh Management GE Pusat di Amerika kepada Management GE di Indonesia pada pertengahan tahun 2009 untuk menemukan dan menciptakan terobosan-terobosan baru yang dapat memperkuat peranan General Electric di Indonesia. Kesuksesan GE Indonesia didalam melakukan perluasan usaha atau bisnisnya ke wilayah-wilayah provincial Indonesia tidak lepas dari sosok seseorang yang bernama Handry Satriago. Saat ini beliau memegang pucuk pimpinan tertinggi (CEO) GE......

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Ge - Timeline

...component of the [[Dow Jones Industrial Average]] | |- | |1905 | |The Electric Bond and Share Co., the forerunner of [[GE Commercial Finance]] is formed, with the goal of providing financing to small utility companies<ref name="ge_flash_history">[ General Electric official history]</ref> | |- | |1911 | |National Electric Lamp Company (NELA) is absorbed into General Electric's existing lighting business and GE establishes its lighting division headquarters at [[Nela Park]], the world's first industrial park, in [[East Cleveland, Ohio]] | |- | |1912 | |General Electric begins using [[phenolic resin]]s to mold plastic parts<ref name="ge_flash_history" /> | |- | |1913 | |[[Charles A. Coffin]] becomes the first Chairman of General Electric | |- | |1913 | |[[Edwin Rice]] becomes President, replacing Charles A. Coffin | |- | |1919 | |[[Radio Corporation of America]] (RCA) formed by General Electric and [[AT&T|American Telephone & Telegraph]] | |- | |1922 | |[[Owen Young]] becomes Chairman, replacing Charles A. Coffin | |- | |1930 | |General Electric creates its [[GE Plastics|Plastics Department]] to research and produce advanced plastics<ref name="ge_flash_history" /> | |- | |1932 | |GE Credit Corporation, which evolves into [[GE Consumer Finance]], is founded to allow families to purchase General Electric appliances on credit<ref......

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Ge Alstom

...rightfully forced some changes in the deal structure. To win the approval from the French government, GE’s newest proposition involved setting up joint ventures in renewable energy, electricity grid equipment and nuclear power. In fact, the value of the stakes Alstom will own in the three joint ventures is estimated to be about €2.6bn which means that the net cash cost of the deal for GE is about €9.7bn. Moreover, the US and European regulators required the sell-off of part of the GE’s turbine business to the Italian Ansaldo Energia in order to keep the market competitive. Before GE got the “green light” from Paris, there was lot of competition between GE and the joint offer of Siemens and Mitsubishi Heavy Industries for the acquisition of Alstom, even though the board of Alstom favoured GE’s clear and simple offer. Moreover, GE promised to add about 1000 new jobs in France, where it has had large existing operations for decades. On the other hand, the government liked the fact that Mitsubishi-Siemens offer was based on forming a partnership and was not going to be a takeover. Finally, when GE modified its proposal, it won the war. About General Electric General Electric, headquartered in Fairfield, Connecticut (US), is a multinational leading corporation with a highly diversified business. General Electric is a key player in the Transportation, Marine, Energy and Mining industries but it also has a solid presence in the Healthcare, Retail and Food & Beverage......

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Ge Analysis

... 1. Why GE Innovation Leadership & Training Global Business Integrity Citizenship SWOT Analysis 6- 14 16-38 2. Introduction of General Electrics History Acquisitions CEO Organization chart Corporate recognition and rankings Environmental record Principal Subsidiaries Principal Competitors Products and Services (Global) Products and Services (India) GE’s Evolution Towards Quality GE’s Commitment to Quality 3. Careers Opportunities 38-41 4 [Type text] [Type text] 4. HR Practices GE Code of Conduct Environment, Health & Safety 42-48 5. 6. 48-50 50-56 Working culture GE People Working environment Volunteerism Leadership and Learning Foundation Committee 7. 8. 9. Technology Financial performance Growth prospects (last 3-5 years of both company & industry) 56-61 62-63 64-69 10. Five Forces Model GE follows a six part growth process 69-71 11. 12. Financial Statement Ratio Analysis Self competency mapping for compatibility check Alternative carrier option Conclusion Bibliography 71-80 81-82 83-87 88 89 13. 14. 5 [Type text] [Type text] WHY GE? At GE, they are builders. They goes beyond businesses, brands and infrastructure. With four businesses and operations in over 160 countries, GE employees have an unparalleled foundation on which to build their careers, their abilities and their dreams. GE offer their employees challenging, rewarding careers in dynamic businesses. GE people are......

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Welch at Ge

...different cycles of learning: a) In the first cycle (from early 1980s to late 1980s) he focused GE on the elimination of variety in its portfolio of businesses by reducing the nonperforming businesses. He launched the “#1 or #2” approach. The central idea that guided GE’s business decisions was that those business areas that intended to compete in global markets must either be or become number-one or number-two in their market places. Those businesses that had no chance of attaining this goal were to be fixed, either sold or closed. During this stage almost 200 businesses were sold off and more than 370 acquisitions were achieved. The rationale behind managing the portfolio of businesses was to ensure that GE would make the best use of its capital for appropriate investments. To strengthen this measure, Welch eliminated the sector level, ensuring that all businesses reported directly to him, situation that would create more pressure and control on the businesses’ CEO to deliver results. b) In the second cycle (from late 1980s to mid-1990s), once GE had focused itself on targeted business areas, Welch focused the company on simplifying and eliminating non-value-added activities through creative efforts of teams using Work-Outs. This tool was used to assure quick decision-making based on the consideration and analysis of the ideas of all involved people from all levels. GE designed Work-Out based on the behavioral premise that those people who are closest to the work......

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Ge: Strategy

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Ge Immelt and Ge Narratives

...The Immelt Revolution Who is Jeff Immelt? • Joined GE Plastic in 1982 (MBA from Harvard University) • Various global leadership positions over year career in GE - GE Electronics, GE Medicals, International Marketing • Elected as CEO to begin tenure in September 2001 • Different personality from J. Welch - Easygoing, friendly, natural charisma (lead by example) cf. Jack Welch :Brash, Impetuous, abrasive, feisty (dictatorship) Jeff, breakthrough in the CEO Factory? CEO Process Implementation Long Term Planning CEO Candidacy Programme for an emergency, 1994 CEO Candidates 24 survived Management Development and Compensation Committee Appraisal on Personality and ability(1-2 yrs) 8 Board members collective interviews Management Ability Test (3-4 yrs) Job rotation in divisions - One of final three candidates - designate backup Decision Merit (TO/Profits) check and CEO interview - young, expansive thinking Time consumed 6 years 5 months 1. Tracing Young Turks - Scanning high - potential cases 2. Global Mgt Capability - Leadership, Strategy - Human Resource 3. Crisis Capability - Adversity - Venture, New Area 4. CEO Candidate - CEO School - Competency 5. CEO Cultivation Team - Professional Support - Mentor by J. Welch Immelt’s Narratives • Repositioning the portfolio and diversification – From a process oriented company to creativity and fundamentals – Emphasizes organic growth rather than......

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