In 1876 Thomas Edison opened a lab in Menlo Park, new jersey.Thomas invented light bulb.
Other inventions are : pin foil phonograph, electricity, film and audio devices and much more.
In 1890 Thomas brought together several of his business interests under one corporation to form Edison general electric company. In 1892 Thomson Houston electric company under the leadership of Charles Coffin was merged with the Edison’s company with the help of JP Moegan, a finance company, into the name of General Electric Company. JP Morgan
Charles Coffin, Edwin Houston, Eli hu Thomson, Thomas Edison. Schenectady, New York (USA) in 1892.
World wide in more than 100 countries. Appliances, aviation, consumer electronics, electrical distribution, Entertainment, finance, gas, healthcare, lighting, locomotives, oil, software, water, weapons, wind turbines, electric motors, energy, More than 300,000
USS 150.211 billion USS 15.166 billion USS 12.163 billion
In 1911 (NELA) National Electric Lamp Association was merged with GE. GE established its own lighting division headquarter at noel park east Cleveland, Ohio. In 1935 GE was one of the 30 companies traded with the London stock exchange. Trough 1960’s GE was one of the eight major companies
History of ValueChainThe value chain is a concept from business managementthat was first described and popularized by Michael Porter in1985.
Value Chain • In recent year term such as value chain and demand chain have been used instead of or interchangeably with supply chain. • A value chain include every step from raw material to the eventual end user. • A common threat among these perceptions of supply value and demand chain is that of value.
Value Chain• Value to the customer is good quality a fair price and fast and accurate delivery.• The ultimate goal of value chain is the delivery of maximum values to the end user. Value Analysis
Contents Of Value Chain • Firm level • Requirement of value chain • Industry level • Supply chain operations reference
Value Chain ManagementIt means primary activities of companyFollowing are some activities Inbound logistics Operations Outbound logistics Marketing and sales Service
Logistics In partnership with customer and suppliers General Electric develop reputation for excellent performanceGeneral Electrics Client Business Services Inc (CBSI)Here Miss “Marilyn Necak “control GE’s freight system.Audit and Pay the freight bills Bills Inbound shipments Outbound shipments
THE SUCCESS OFLOGISTIC MANAGEMENT RESULTS IN:Greater operational efficiency for the fleetSignificant reduction in life cycle costs for the system
Products and Services Appliances Oil & Gas Aviation Rail Consumer Energy Electronics Software & Services Electrical Finance-Business Distribution Finance-Consumer Healthcare Water Lighting
M Not enough Marketing system 2500 marketers Strategic decisionsA Branding Overall market direction.R Transformation of Marketing ProcessK HBR ► Transformation ► Framework for businessesE Three core Components ► Principles ► PeopleT ► ProcessING
S Affective sales through Automation or Customer Relationship Management (CRM)A Chris Moreland(global commercial excellence leader) Lose sight of the Customer Processes and GoalsL What customer want to buy What customer want from our salespeople Keith Shipp(senior vice president) SalespeopleE ►strong business acumen ►commitment to the customerS
After sale Services Refurbished sales Repairs Spares Services Enhanced Services
Operations Northern Asia Southeast Asia Australia & New Zeeland Europe Middle East Africa North America Latin America
O P Our consolidated Financial statements combine the industrial manufacturing, services and media businesses of GeneralER Electric Company (GE) with the ﬁnancial services businesses of General Electric Capital Services, Inc. (GECS or Financial services)AT We discus our Operations in Five parts Overview of Our Earnings I Global Risk Management Segment OperationsO Geographic Operations Environmental MattersN S