general electric
DESCRIPTION
General Electric. By: Anthony Lasee, Brian Moy, Jason Walsh, Marcus Yabuta. Introduction. Picture URL: http://www.listphile.com/Fortune_500_Logos/General_Electric. Second Largest transnational Company in the world. Founded in 1892 Edison General Electric + Thomson-Huston = General Electric - PowerPoint PPT PresentationTRANSCRIPT
General Electric
By: Anthony Lasee, Brian Moy,
Jason Walsh, Marcus Yabuta
Intro
duct
ion
Picture URL: http://www.listphile.com/Fortune_500_Logos/General_Electric
Gene
ral E
lect
ric
(GE)
Second Largest transnational Company in the world.Founded in 1892Edison General Electric + Thomson-Huston = General ElectricPlants are located in
160 different countriesHeadquarter located in
Fairfield, Connecticut
GE’s
type
of
busin
esse
s
Combination of many areas Energy Technology NBC Universal Capital Finance Home & Business
Solutions
GE’s
Fact
s
Over 304,000 employees worldwideDuring 2010: GE had $150,211 billion
dollars in sales Profit of $12,179 billion dollars Total Assets of $758,824
billion dollars
Cultu
re
GE’s culture is what makes the
company an example for all
other businesses. GE supports great diversity in the
workforce. Great work environment for
every employee. Balance of work and life of the
employees. Another important thing that
creates GE’s culture is the
volunteering. GE employees volunteer over 1
million hours of community
service every year
Miss
ion
Stat
emen
t
General Electronic does not have a mission statement
Set of values/directions that the company follows: Imagine Solve Build Lead.
SWOT
StrengthWeakness
OpportunityThreats
Stre
ngth
Alliances that they have which brings
more customers and investors
interested in the company’s success
Those alliances include the internal
diversified businesses that facilitate their
operations Quality of services and products they
offered GE being such a large company, it
boosts they reputation, leading to more
profit and market share. GE’s investment for experienced
employees GE is sitting very well economically
Strong research and development
department Competitor are threatened by GE.
Very diverse company culturally
Wea
knes
s
Cut of employment by 10%
through the last 2 years. During 2009, was fined for
$50million for breaching account rules in two different cases, misinforming investors into
thinking GE would meet earnings expectations.
GE is not doing so well in
some Asians countries like
they are in the rest of the
world.
Oppo
rtuni
ties
Have greater social responsibilities. GE has a fast growing
market in India, China, Argentina and BrazilExploring the natural
and renewable resources to go green
Thre
ats New competitorsPrice warConstant currency
fluctuation around the world Pollution control
Jeff
R. Im
mel
t (C
EO)
Born: February 19, 1956
Chairman and CEO of GE Since 2000 to replace Jack WelchHe was the head of GE
HealthcarePicture URL: http://www.jimonlight.com/2009/07/24/why-did-you-do-that-general-electric-and-jeff-immelt/
Charlene Begley President & CEO, GE Home & Business Solutions Senior Vice President and Chief Information
Officer, GE
Picture URL: http://www.uvm.edu/business/?Page=alums/careers.php&SM=alummenu.html
Chart URL: http://www.ge.com/pdf/company/ge_organization_chart.pdf
Cent
raliz
atio
n &
Dece
ntra
lizat
ion
Decentralization Ralph J. Cordiner General Manager’s Responsibility Efficiency In Productivity
Flexibility Easier To Manage With Rapid Growth
Ralph J. Cordiner
Picture URL: http://money.cnn.com/galleries/2011/news/companies/1102/gallery.immelt_ge_ceos.fortune/2.html
Tech
nolo
gy U
ses
and
Adop
tion
Leader 25,000 EV by 2015 Cloud Computing Iphone/IpadDevelops new technologyNanotechnologyDual Battery Electric
Bus
Picture URL: http://www.ibtimes.com/articles/90434/20101209/.htm
Stra
tegi
c Inf
orm
atio
n Sy
stem
s (SI
S)
Supervisory Information System Used For Fast And
Secure Communication Reduce Power Production Cost Improve Hardware Efficiency Secure Connections
Stra
tegi
c Pl
anni
ng
Doing Business in China Relief Efforts OlympicsFree Trade 15% of world GDP
dependent on international trade Lobby for Free trade
and opening markets
Stra
tegi
c pl
anni
ng co
nt.
Healthcare $3 billion by 2015 Healthymagination Energy Develop renewable energy
sources Biofuels/nuclear energy Climate Ecomagination Policy Engagement Internal Action
Tact
ical P
lann
ing
Energy Wind turbine contract 258 turbines 2 years $500 million
China Olympics 400 infrastructure projects Water filtration Solar powered lighting
GE S
ite Concentrations: Customers Investors GE employment
Conc
lusio
nMoore’s Law
Cita
tions
http://ask.alibaba.com/Q/801430147-
What-is-meant-by-decentralized-syst
em.html http://www.ge.com/company/history/
bios/ralph_cordiner.html http://st-www.ge-energy.com/prod_se
rv/products/oc/en/downloads/14528B
_Optimal_Control_Software.pdf
http://www.ge.com/news/our_viewpoi
nts/index.html http://blogs.forbes.com/joannmuller/
2010/11/11/this-is-how-change-happ
ens-ge-to-buy-12000-chevy-volts/
http://www.businessweek.com/ap/fin
ancialnews/D9JUHKB80.htm
http://news.cnet.com/8301-11128_3-
20028531-54.html http://www.gereports.com/dual-batte
ry-breakthrough-eyes-electric-bus-tr
uck-fleets/ http://www.apple.com/ipad/business/
profiles/ge/ http://www.theofficialboard.com/org-c
hart/general-electric http://www.ge.com/company/leadershi
p/bios_exec/charlene_begley.html
Cita
tions
Con
t.
http://www.ge.com/compa
ny/culture/working_enviro
nment.html http://www.ge.com/compa
ny/culture/volunteerism/in
dex.html http://www.ge.com/produc
ts_services/index.html http://www.ge.com/compa
ny/culture/people.html http://www.ge.com/compa
ny/history/index.html http://www.ge.com/compa
ny/culture/index.html http://www.forbes.com/list
s/2010/18/global-2000-10_
The-Global-2000_Rank.ht
ml http://finapps.forbes.com/
finapps/jsp/finance/compi
nfo/CIAtAGlance.jsp?tkr=G
E http://www.ge.com/ar2003
/chairman/letter_5_fla.jsp
http://www.ge.com/pdf/co
mpany/ge_organization_ch
art.pdf http://www.ge.com/compa
ny/factsheets/corporate.ht
ml