The Drive Is A Trait Described By Kirkpatrick And Locke

The Drive Is A Trait Described By Kirkpatrick And Locke
Drive
Drive is a trait described by Kirkpatrick and Locke as a trait which is not a physical need
deprivation. They use the term to refer to a prospect of traits and motives reflecting a high–effort
level. There are five aspects of drive which include achievement motivation, ambition, energy,
tenacity and initiative.
Achievement Motivation: Leaders have a relatively high desire for achievement. The need for
achievement is an important motive among effective leaders. Leading achievers obtain satisfaction
from successfully completing demanding tasks, attaining higher standards, and augment better ways
of doing things. They are intrinsically motivated to achieve. For instance, Jack Welch of General
Electric had high need for achievement. When he was appointed CEO of GE in 1981, US economy
was in recession and high unemployment rates. He set up a plan to bring about changes that would
radically restructure the company over the next five years, his first move was for each business
under GE to become #1 or #2 competitor in its industry or to shut down. Eventually in times of
recession, it was difficult to become #1 or #2 and they shut down many business units. Such as
central air–conditioning, housewares, coal mining. GE freed up over $11 billion of capital by selling
off more than 200 businesses. Meanwhile, the company made over 370 acquisitions, investing more
than $21billion in major purchases as Westinghouse's lighting business, employers reinsurance,
RCA, kidder Peabody.
... Get more on HelpWriting.net ...

General Electric Vice Electric Company Essay
General Electric
General Electric Co. (GE) is a major American corporation one of the biggest and the most
differentiated corporation and most powerful business in the world. According to Fortune 500 GE,
gross revenue registered as the 26th foremost business association and its name incorporated among
the top rankers in the survey. The company functioning in many different sectors its invention
consist of electrical and electronic appliance, aircraft engines, financial services, and Energy
Technology (Electric, General Electric Success Story, 2016). In 1878, Thomas Alva Edison founded
General Electric, in 1892, the company combined Edison General Electrical Company, Schenectady,
and Thomson–Houston Electric Company of Lynn, Massachusetts while its headquarters are in
Fairfield, Connecticut United State, its operating plants were in New York. Jeffrey Immelt
chairperson and chief executive officer of General Electric on September 7, 2001 to replace Jack
Welch after his retirement (Electric, General Electric Success Story, 2016). In the early years, the
company was more motivated toward computer manufacturing industry, however due to the lack of
technical aspect GE sold its computer–manufacturing unit of Honeywell in 1970, there after GE
functioned its computer manufacturing division under the name General Electric Information
Services (GEIS). General Electric gains various companies during its operations run; its substantial
achievements were RCA for NBC Television Network

The Edison Electric Light Company
GENERAL ELECTRIC Thomas Edison the inventor of the light bulb and many other great
inventions founded the Edison Electric Light Company in 1878. His reason for building the
company was to have a place where could house all of his experiments in one place and which
would also contained a workshop to support the inventions he an eventually other inventors were
working on. It is a little known fact that Thomas Edison was not only known to be a great inventor
but also a great businessman. In fact a lot of people of his time regarded him as a genius when it
came to both aspects of his person. With his accumulation of many businesses and the numerous
inventions coming out of the Edison Electric Light Company, Edison decided in 1890 to combine
the two aspects of all his workshops and businesses into one company which he named the Edison
General Electric Company. Two years later in 1892 Edison merged with his primary competitors to
form the General Electric Company. Since its forming the General Electric Company known as
"GE", has become one of the world's most powerful and inventive companies to exist. "Electric
lighting, power transmission, medical equipment, and transportation were all areas in which Edison
held patents and had formed small companies, and are all areas in which this conglomerate today
has large holdings" (Wisegeek.com, 2015). It still is today the number seventh on Forbes list of the
world's biggest companies (Forbes, 2015). This can be

What Makes Leader A Leader?
What makes a leader a leader? Are leaders born or are they shaped by their experiences? Do we
follow leaders because we believe in the same ideology or simply because they are charismatic?
Many theories argue many ways a leader is made, yet it is truly not crystal clear what makes a leader
a leader. We will present four leaders, Jack Welch, CEO of General Electric, whose forty–year
career at General Electric led the company to year–after–year success around the globe, in multiple
markets, and against brutal competition. His honest, "be–the–best" style of management became the
gold standard in business, with his relentless focus on people, teamwork, and profits. Second,
Associate Justice of the Supreme Court of the United States, Sonia Sotomayor who is registered as
an independent yet her rulings and opinions have left both liberals and conservatives perplexed by
her leanings. She has been described as both outspoken and brash on the bench. Next, Pope Francis
the first Latin American Pope to lead the approximate 1.2 billion Catholics world –wide. He has
been described as courageous; he challenges the world of "why" the haves and the have–nots are
divided. Energetic, at his 76 years he demonstrates abundant energy and isn't afraid to show joy in a
plain manner. His simplicity and humility have attracted followers to see him as a leader they can
relate to. Finally, Muammar Gaddafi, whose leadership spanned over 40 years and had many layers
in Libya. He was a

General Electric Research Paper
| General Electric | A Business Analysis | | | |
|
Table of Contents:
Abstract | Page 3 | Introduction | Page 4 | Strengths and Weaknesses | Page 5 | Financial Analysis |
Page 9 | Environmental Threats | Page 10 | Growth Opportunities | Page 12 | Assessment, Prospects,
and Suggested Future Direction | Page 15 | References | Page 17 |
Abstract General Electric is a worldwide manufacturer and supplier of an extremely wide spectrum
goods and services. From an investor's standpoint to a student's standpoint, it is crucial for someone
to be able to thoroughly complete an effective and accurate analysis on a company, especially on
such a company like General Electric. There are several ... Show more content on Helpwriting.net ...
Some of their big competitors are Hitachi Ltd., Siemens AG, and Honeywell International. Also,
some of their other big competitors are Mitsubishi Corporation, Textron Inc., United Technologies
Corporation, and 3M. The company is all about Research and Development when it comes to target
market and product mix. A general motor innovates on a large scale. More than half the planes in the
world have GE engines. Jet engines are a technical and manufacturing masterpiece. They have
invested more than $10 million in R&D over the past decade to serve the military and
commercial aviation customers. The new engines are substantially more fuel–efficient than the ones
that they are replacing. They track thousands of engine performance parameters while they are in
service, and they use that information to improve performance standards. Their ability to execute
large–scale innovation is based on GE's technical depth and scale. The capability is unmatched and
creates customer satisfaction, employee pride, and financial performance. There are very few
companies on earth who do what General Electric does (Datamonitor pg. 49). General Electric is a
diversified industrial corporation. The company's product range includes aircraft engines, power
generation, water processing, and household

General Electric
Mini Case Study
Can GE Remake Itself as a Digital Firm? General Electric (GE) is the world 's largest diversified
manufacturer. Fortune named GE "America 's Most Admired Company" in 1998, 1999, and 2000.
Jack Welch, GE 's CEO and Chairman since 1981, is often cited as the most admired CEO in the
United States. Headquartered in Fairfield, Connecticut, the company consists of 20 units, including
Appliances, Broadcasting (NBC), Capital, Medical Systems, and Transportation Systems. With the
acquisition of Honeywell, announced in October 2000, GE became a company of $155 billion in
revenue and 460,000 employees in 100 countries. Despite GE 's size and old–economy businesses,
Internet Week awarded GE its e–Business company of 2000. Did GE ... Show more content on
Helpwriting.net ...
Reiner ordered GE units to "come back with alternative approaches that enhance value to the
customer and reduce total costs." The Internet initiative started by changing GE 's culture at the very
top. GE 's internal newsletters and many of Welch 's memos became available only online. To give
blue–collar workers access to the Net, GE installed computer kiosks on factory floors. One thousand
top managers and executives, including Welch (who also had to take typing lessons), were assigned
young, skilled mentors to work with them three–to–four hours per week to make them comfortable
with the Web. They had to become able to evaluate their competitors ' Web sites and to use the Web
in other beneficial ways. Every GE employee was given training. Welch announced in 2000, that GE
would reduce administrative expenses by 30–to–50 percent (around $10 billion) within 18 months
through use of the Internet. Many projects came out of the initiative. For example GE Medical
Systems, which manufactures diagnostic imaging systems such as CAT scanners and mammography
equipment, identified its DYB threat as aggregators, such as WebMD, which offered unbiased
information on competing products as well as selling them. GE products on these sites looked like
just another commodity. The unit 's major response was iCenter,

History Of General Electric Company
History of General Electric
General Electric was founded by Thomas A. Edison in 1878 as the Edison Electric Light Company.
In 1892 it merged with Thomson–Houston Electric Company to create General Electric as we know
it today. The mission statement of General Electric is to work on things that matter. General Electric
employees will reference this as GE Works.
Strengths and Weaknesses
A strength of General Electric as a company is the resources that they have working at the company.
They have over 300,000 employees and they all come from different backgrounds. This helps the
company be able to spread around the world, because they have employees from that come from all
different countries around the world. According to information ... Show more content on
Helpwriting.net ...
General Electric's next strength as a company is the amount of cash and liquid funds it currently has.
According to the YCharts site, "General Electric currently has 137 billion in liquid funds" (YCharts,
2014). This is one of GE's strengths as they are able to recruit and buy other companies with that
money which also would be an opportunity for them. The cash on hand helps them out if there is
another recession as General Electric would have that money to help counter any loss of profits and
be able to inject that money into the company.
One weaknesses of General Electric is the size of the company. It is a challenging task to manage a
conglomerate. General Electric's main business units are GE Aviation, GE Capital, GE Corporate,
GE Energy Management, GE Appliances and Lighting, GE Healthcare, GE Power & Water, GE Oil
& Gas, and Transportation. As you can see that is a wide variety of businesses. They all have their
individual strengths and weaknesses also, but Jeff Immelt the CEO has to manage it as one giant
company as General Electric.
An action that General Electric can do to lower the risk of this weaknesses is getting rid of a
business sections that hurt the company overall. These business units could still be very profitable,
but if it hurts the overall vision of the company then action has to be taken. They can do this by
either selling the business unit or spinning it off into its own business. Both of these actions

Business
General Electric (GE) was founded in 1892 from the merger of Thomas Edison's Electric Light
Company with the Thomas Houston Company. Their business was based upon exploiting Edison's
patents relating to electricity generation and distribution, light bulbs, and electric motors. In 2005
and 2006 GE was Fortune's "Most Admired Company." Now it is an advanced technology, services
and finance company dedicated to innovation in energy, health, transportation and infrastructure. GE
operates in more than 100 countries. GE has had a few major keys to its success over the years, most
notably its management style, massive size, ability to constantly adapt, and major acquisitions over
the years. Throughout the 20th century, they have not only been ... Show more content on
Helpwriting.net ...
He started off with things like product bundling and cross–selling that led to what Immelt referred to
as "enterprise selling. The biggest challenge for a conglomerate like GE is to continue to drive
consistent growth. To be successful, GE must regain flexibility to adapt its business portfolio to the
demands and opportunities of the 21st century. Immelt needs to find new ways for GE to deliver
long–term profit and growth that investors have come to expect of GE. Will Immelt's strategy of
exploiting linkages across businesses be successful in delivering targeted growth and profitability?
Although Welch and Immelt, for the most part, managed differently, there were some similarities in
their management styles, which have proven to be a success. One of the most notable strengths of
their management styles is separating the firm into different divisions. There are four favourable
efficiency advantages of a divisionalized firm: Adaptation to "bounded rationality" where managers
are restricted in their capabilities and information bases; Allocation of decision making: high
frequency decisions, such as operating decisions are the responsibility of those at the divisional
level. While infrequent decisions, such as strategic decisions, are the responsibility of those at the
corporate level; Minimizing coordination costs: because decisions can be made at a divisional level,
time is not wasted while relying or depending on another division that has no

Ge Sustainability Assessment Week 2
GE's Sustainability Assessment Week 2 Assignment | AbstractAn analysis of GE's sustainability
efforts and missteps, from the years in which the company was under the leadership of Jack Welch
to ongoing activities today. Abdul H Shakur DeVry University – March 2016 Sustainability
Operations Professor: Brad Bergman | GE's Sustainability Assessment Week 2 Assignment |
AbstractAn analysis of GE's sustainability efforts and missteps, from the years in which the
company was under the leadership of Jack Welch to ongoing activities today. Abdul H Shakur
DeVry University – March 2016 Sustainability Operations Professor: Brad ... Show more content on
Helpwriting.net ...
The EPA considers a 200 miles stretch of the historic Hudson to be one the largest Superfund sites in
our nation. What was GE's environmental stance during the latter part of the 20th century? In three
words Dismal, Denial, and Diswoned! Mr. Jack Welch's, reigned as Chairman and CEO of GE
during the years of 1981–2001, taking over from his predecessor Reginald H. Jones. Regarding the
case of GE's dumping of PCB's into the Hudson, a rather frosty Welch negotiated with the state of
New York, settling to pay a mere $3 million dollars for the damage caused to the Hudson River.
According to Cray (2001), "GE executives probably hoped the deal would bury the issue forever,
and that everyone concerned about the PCBs (polychlorinated biphenyls) lying on the bottom of the
river would let nature take its course." (Multinational Monitor, 2001) During that time Jack Welch's
stance on the accusations resulted in historical comments filled with denial, Jack said, during a 60
Minutes interview, "The word 'dump' is used! We didn't dump! We had a permit from the U.S.
government and the State of New York to do exactly what we did. Do you think I'd come to work in
a company that would do that or condone that? I wouldn't do it, Lesley! This is nuts!" (60
MINUTES, October 29, 2000) GE would go on to fight the government, at first refusing to
recognize the impact of its actions upon the environment, and those people living near the Hudson,
not to mention their own

Case Study: the Jack Welch Era at General Electric
MGT430 Business Government & Society
Mr. Burt
Case Study 2
Please read Case Study: The Jack Welch Era at General Electric in Chapter 5 and answer questions 1
& 3. Please submit the answers by the end of week #3. At least one page is required.
Answer
Did GE in the Welch era fulfill its social responsibility duty? Could it have done better? What
should it have done?
Chapter 5 in the text, Business, Government, and Society by John F. Steiner and George A. Steiner,
corporate social responsibility is defined as the corporate duty to create wealth by using means that
avoid harm to, protect, or enhance social assets. General Electric in the Jack Welch Era fulfilled its
corporate social responsibility but by marginal measures. ... Show more content on Helpwriting.net
...
These were all conscious business decisions by GE's management.
4. Corporations have a duty to correct adverse social impacts they cause. GE failed the basic
elements of corporate social responsibility which is to take voluntary actions that go beyond what is
compelled by law, regulations, or other mandates. It not only did not cut its pollution outputs to
below the legally permitted levels, it missed minimum allowable levels completely, according to the
text. Many of the 39 offenses mentioned earlier, most were from pollution hazards. Additionally, GE
failed to correct adverse environmental impact caused by its manufacturing plants. According to the
text, GE was responsible for polluting the Hudson River with toxins from its manufacturing plant in
New York. As oppose to collaborating with governmental agencies utilizing its financial and
corporate positioning to correct or at the very least, mitigate the issue; GE instead spent almost a
half of billion to win the fight against the cleanup efforts.
5. Social responsibility varies with company characteristics such as size, industry, products,
strategies, marketing techniques, locations, internal cultures, and external demands. GE's line of
businesses mostly consisted of 85% manufacturing in the 80's and eventually grew into 70%

services driven. Thus, GE has a greater social obligation to protect the environment because of the
pollutants from its manufacturing plants then say a company such

Ge Cultural Assessment Essay
Cultural Assessment of General Electric
Learning Team A
Human Relations and Organizational Behavior
March 14, 2005
Cultural Assessment of General Electric The corporate culture of General Electric (GE) is a
composite of its people, leadership, organization, structure, and processes from past to present. This
paper will provide an assessment of the corporate culture of GE, and provide an insight into the
dynamics, which have made it one of the world's premier companies. The aspects of General
Electric's culture begin with its leadership, and progress through its management, workforce,
policies, and objectives. GE leadership provides corporate direction with a formalized set of values
and ... Show more content on Helpwriting.net ...
With the assistance and guidance of savvy leaders, who recognized his ability to lead and influence
others, Welch progressed to the position of CEO, where he served from 1981 to 2001. Through this
process, Welch elevated himself to one of the most influential business leaders in the world
(Wikipedia, 2004). General Electric is a large company involved in a variety of products and
services. One of their most memorable slogans is "Imagination at Work" (Van Camp, 2004). With
the myriad of products and services that General Electric provides, this slogan gives you a peek into
the GE culture. With such a creative machination, GE has continued to regenerate new ideas from its
products and services strategy. In order to help leaders embrace this philosophy, all GE managers
spend time at a place called the Croton–on–Hudson campus, or, Crotonville, for short. At
Crotonville, the extensive training program is infused with informality, a key element put in place
by Welch, that sets the pace for instilling the culture (Byrne, 1998). Each member of the
organization's management team is indoctrinated into the company's culture. It is on the Crotonville
campus that GE leaders are taught that everyone must do whatever it takes to produce. "...employing
340,000 worldwide does what it has always done best – cultivating strong leaders before they step
into the spotlight. Succession planning is a key part

GE Case Study
Case Study GE's Two–Decade Transformation: Jack Welch's Leadership By For BUS 463 – AE
Contents Summary of Background and Facts 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 grade through the PhD. Level of the
world's best business and engineering ... Show more content on Helpwriting.net ...
Corporate structures remained largely unchanged between the end of World War II and 1980 but that
was all about to change. Competition from Japan, the desktop PC and the dawn of the information
age forced GE to rethink its operational model and search for a strategy that would enable them to
remain competitive as the century ended. Welch quickly assessed that GE was too big and too slow
to maintain its current market positions much less grow them. The strategic planning model Welch
inherited held nine layers between idea and decision with over 200 personnel involved in the
process, hardly "lean and agile". John Boyd developed what he called the OODA Loop to describe
winning in air combat maneuvers. The OODA Loop consists of a cycle of four steps; Observe,
Orientate, Decide, Act (OODA), Boyd argued that when two aircraft are engaged in a dogfight the
pilot who has the fastest OODA Loop cycle will win. "The OODA Loop found advocates not only in
the U.S. military, but also in the realms of business and sports – anywhere a competitor seeks and
edge." (McIntosh, 2011). Welch recognized that if GE was to win against the completion he needed
to cycle its strategic planning OODA Loop faster. He responded by eliminating 5 layers of
bureaucracy and over 50% of the planning staff. "We used to have department managers, sector
managers, subsector managers, unit managers, and

Strategic and Operational Plans Based on the SWOT Analysis...
Strategic and Operational Plans Based on the SWOT Analysis
General Electric (GE), is an American multinational conglomerate corporation incorporated in
Schenectady, New York and headquartered in Fairfield, Connecticut, United States. The company
operates through five segments: Energy, Technology Infrastructure, Capital Finance and Consumer
& Industrial.
In 2011, GE ranked among the Fortune 500 as the 26th–largest firm in the U.S. by gross revenue as
well as the 14th most profitable. However, the company is currently listed the 3rd–largest in the
world among the Forbes Global 2000, further metrics being taken into account. Other rankings for
2011/2012 include No. 7 company for leaders (Fortune), No. 5 best global brand ... Show more
content on Helpwriting.net ...
To take advantage of this opportunity, truck fleet operators will first work with Clean Energy to
develop natural gas fueling contracts, and will then apply for loans and leases, including fair market
value leases, from GE Capital to acquire trucks from manufacturers that produce commercial natural
gas vehicles (NGVs). Clean Energy will then help offset the monthly cost of newly–acquired NGVs
to make it consistent with the cost of a diesel truck, if the customer makes a fuel commitment.
(http://finance.yahoo.com/news/ge–capital–clean–energy–form–140100121.html)
External and internal stakeholders will be influencing our strategic goal in difference way.
Customers will appreciate lowing cost of fueling and the competition will be affecting as well.
Increase Shareholders profit, which at the end is the primary goal of a corporate enterprise from the
viewpoint of its shareholders is to maximize profits and enhance shareholder value.
Operational plan: Reduces dependence on third parties for raw materials
The company is reliant on third–party suppliers, contract manufacturers and service providers and
commodity

Ge Healthcare As A Subsidiary Of General Electric Set Up...
GE healthcare is a subsidiary of General electric set up by Iconic inventor Thomas Edison
headquartered in Buckinghamshire, United Kingdom. After world war II GE started using X–rays in
number of ways. During that time it was realized the medicinal properties of x–rays. In 2004, the
GE healthcare was founded in a view to grow company in health care sector. Innovation being the
base of the company. Large population and increasing life–taking diseases had created a major
sector of healthcare. GE had an advantage of technological superiority from its parent company.
Over the years company has revolutionized healthcare serving over 100 countries. From developing
quality MRI units to patient management online, company has been able to provide solutions in
every aspect of health industry. They have served developed countries with high quality equipment
and developing countries with low cost health equipment. The company has successfully aligned
with IT in their business at every level to digitize health care department. The firm has a worldwide
introduction, with creation offices outside the US and UK, a more extensive client base, an
unrivaled brand, deals, showcasing, IT and Production divisions inside of each methodology. This
guarantees productivity of administration inside of every specialty unit. To guarantee money related
responsibility in outsourcing and acquisition, choices with respect to this are taken care of by
workplaces at the central station. GE Healthcare works

Case Study: Walton Arts Center
First in the case study, the change in leadership is the largest issue for the Board residing over the
Walton Arts Center. The past President was known for his leadership in the arts community both
locally and nationally (Todd & White, 2002). President Mitchell was the first leader and was
successful in creating the mission, vision, values along with goals for the WAC. The Center had
rapid growth under Mitchell's leadership. Mitchell was resigning to take a position in West Virginia.
The Board hired a search firm to look for a new President. After a year of searching Anita Scism
was named the new President of the Center. Anita was the number two under Mitchell. The
leadership change was being challenged by the change in the art community near Fayetteville. ...
Show more content on Helpwriting.net ...
These included strengthening the connection to the University of Arkansas, enhancing the mix of
attractions, establishing programming for the Baum Learning Center, providing greater program and
learning opportunities for area students and securing a primary role for the future growth and
development in Northwest Arkansas region (Todd & White, 2002). Scism knew a strategic direction
was needed for the center; however she was struggling with her new responsibilities. The financial
position was a critical issue that needed to be addressed by Scism. Her strengths were operating the
day to day of the center and not the external aspects of the center. Scism had to review the structure
of her team to allow for success going forward. She changed the structure and responsibilities of the
team to align more with her strengths and weaknesses. By changing the the organizational structure
Scism was able to provide a positive financial position for the

Thomas Edison: A Brief Biography of a Genius Essay
Thomas Alva Edison was born on February 11, 1847 in Milan, Ohio. He was named Thomas after
his father's brother and Alva after his father's friend Captain Alva Bradley. His family called him Al.
Al was a handful. He was very curious about a group of large grain elevators; he once fell in and
disappeared under the grain. He was pulled out before he suffocated. Al also fell in the Milan creek
many times. One time Al was found trying to hatch a handful of chicken and goose eggs on a nest of
his own that he made.
Al was really curious about a nearby work shop owned by a man named Sam Winchester. The
town's people called Sam the "Mad Miller of Milan". Winchester was rejecting his flour milling
business to make a passenger balloon which his ... Show more content on Helpwriting.net ...
If Al wasn't doing experiments he was reading. He would check out books at the Detroit library.
While watching the trains at the Mount Clemens station, he saved a three year old boy. He was the
son of the lead telegrapher who taught Al his trade. By age eighteen he was a second degree
telegrapher, which let him travel to other places. At this time he started calling himself Tom. He
often got in trouble and got fired, but he always found a new job.
Tom kept on moving and learning. He soon became one of the best telegraphers. He decided to
move to Boston, the center of science. He worked at Western Union. He started learning finance and
what it would take to back an invention. In 1868 he signed his first patent for a vote counter.
At age 22 and with no money Tom moved to New York. He accidently got a job at the Gold
Indicator Company. He improved the company so much that Western Union bought them out. Tom
got investors so he could start inventing. When he sold his first patent for $25,000 he split his
partnership so he could keep all the money.
Tom was making more money than he knew what to do with; he had to learn how to bank. Then his
mother died so he threw himself into work. He started a factory that went from eighteen to one–
hundred and fifty people; that's where he met Mary, his first wife. They had three kids named
Marion, Tom Jr., and Will.
Edison could solve

Electric Streetcar Timeline
Electric Streetcar Era 1892–Present Ownership Timeline San Francisco and San Mateo Electric
Railway 1892–1902 Geary Street, Park & Ocean Railway 1878–1912 United Railroads 1901–1912
Market Street Railway Company 1918–1944 San Francisco Municipal Railway (Muni) 1912–
present New electric streetcar technology proved cheaper to build and operate than the cable car, and
capable of climbing all but San Francisco's steepest hills The San Francisco and San Mateo Electric
Railway, the first electrically powered streetcar system in San Francisco began operation in 1892. In
1893 when Leland Stanford died, the Sutter Street Railroad Company was taken over by the
Southern Pacific Railroad. The company was renamed to the Market Street Railway ... Show more
content on Helpwriting.net ...
The blocks from Broadway to Green were too steep for electric cars to ascend and descend unaided;
the counterbalance solved the problem. Passengers would transfer from double truck electric cars at
the top of the hill to a single truck car attached to the cable by a plow. When the car reached the
bottom of the hill, it released the plow and ran on to Bay Street. The counterbalance was the only
United Railroads line which directly reached the 1915 Panama Pacific Exposition, held at the
Marina. The 19–Polk came within a block of the eastern entrance. URR had all the single truck cars
rebuilt as Pay as You Enter (PAYE) cars with multiple unit (MU) capability. The cars ran as trains
during the Exposition due to the heavy passenger loads. After the URR had become the Market
Street Railway, the line was extended to Marina Boulevard on August 29, 1925. MSRy needed to
store a weighted dummy car at the Turk and Fillmore car house so there would be a counterbalance
car for the last run of the night. A regular 22 Fillmore car towed it out to the top of the hill. The
attendant attached it to the cable, and it counterbalanced the last car of the night up the hill. The
counterbalance car stayed in the middle of the intersection of Fillmore and Green, marked with a red
lantern, all night. Automobiles often ran into it. In the morning, it counterbalanced the first car
coming down. Then a regular 22 Fillmore car towed it back to the

Applications Of Machiavelli 's The Prince
Applications of Machiavelli's The Prince, in General Electric
General Electric has had exceptional leadership that has kept the company at the top of their
business. This success is attributed to both individual efforts to spur the corporation and the
consequential results achieved collectively. GE has established the entire organization based on
creativity and innovation, as they tend to inspire the public and improve their present lifestyles.
However, this subject needs thorough discussion by distinguishing between standalone innovators
and the one who rely on others, that is, gauging the difference between the leaders who accomplish
their purposes through force or those who use persuasion (Machiavelli, p.21). This ideology of GE
has ... Show more content on Helpwriting.net ...
He simply says that the firm was at risk of losing its market share to its competitors in more than a
few areas, mentioning that only the motors, lighting, as well as the power systems trailed at first and
second place in their corresponding markets. He also said, on the other hand, that the economy was
changing from local prominence to international recognition. Moreover, in the foreign markets, the
only part of their business that led was the gas turbine unit (Slater, p. 9).
Another characteristic desirable by a leader as displayed by most CEOs of General Electric,
according to Machiavelli, was being feared rather than loved. He reiterated that a feared leader gains
more admiration and is at the end of the day less harsh than a leader who strives to acquire love. A
feared leader like Jack Welch upheld respect by making illustrations of only a few instances that
needed intervention in the organization. On the other hand, leaders who endeavor to receive the love
and admiration constantly lose respect and tolerate communities to incline into chaos ("murder and
rapine"). As soon as such circumstances come into play, the leaders resort to radical and universally
ferocious solutions to reestablish order. Consequently, it is better to murder a few people than to be
forced to abolish an entire city. Most essentially, a feared leader has less motive to concern himself
about wrongs. Men are less expected to attack a feared leader compared to

Jack Welch and the GE Way Essay
Jack Welch and the GE Way
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 out for me.
Chapter 3: Cultivate managers who share your vision was the most important chapter to me. It talks
about putting the right managers in the right positions. Welch says, "What we are looking ... Show
more content on Helpwriting.net ...
They are to be nurtured in the hope that might improve. Type C managers were to be fired. They
were defined as blah and neutral who are afraid of A's and they do not know they are C's.
In that past restaurant I worked at we used the A, B, C system not only for managers but for all staff
as well. Everyone thought it was a bad idea at first but after two months they thought it was useful.
We had an unbelievable staff after the system was in place. I have worked with A, B, and C
managers and it can make the workplace frustrating if you do not have the right people in the right
places.
The second most important chapter to me was Chapter 5: Be simple, be consistent and hammer your
message home. This chapter talks about consistency can help get your message across to many
people. "The only was to change people's minds is with consistency," (p. 51) states Welch who
believes in relentless consistency in everything. Since GE's values are so important to Welch, he had
them inscribed and distributed to every single GE employee. He states:
"There isn't a human being in GE that wouldn't have the Values Guide with them. In their wallet, in
their purse. It means everything and we live it. And we remove people who don't have those values,
even when they post great results" (p. 53).
The values on GE's Value Guide are:
GE Leaders...Always with Unyielding Integrity:

§ Have a Passion for Excellence and Hate Bureaucracy
§

The General Electric ( Ge )
Transnational organizations have a complex business structure and require a multidimensional
concentration of resources which are customized to meet the requirements of each local market. The
central office requires a transnational strategy in order to attract local benefits which are important
to the organization. Among the advantages of transnational organizations is the capacity to maintain
a great degree of quick to response to local market needs from where they have operations. This
report focuses on the General Electric (GE) which holds substantial assets and with operations in
most countries in the world. General Electric (GE)
Widely regarded as a leading global corporation in the 20th century with operations in over a
hundred and seventy countries and over three hundred thousand workers, General Electric remains
an icon in best management practices. With its operations in power, appliances, energy management,
aviation, oil & gas, and transportation among others is ranked as among the top leading firms in the
US. It is also a global leader in the digital industry with interests in transforming needs into
responsive, connected and predictive solutions. With its vast operations, GE is involved in
innovation, product development, and funding startups among others (Hydle and Karl 261).
In order to survive, GE has tried to form symbiotic relations to support its ecosystem (Tallberg 774).
The partners involved in the ecosystem have in–depth understanding coupled with

The Values Of The Culture Industry Plays Up On Our...
Every community has its own set of standards that the members adhere to and uphold. These
ideologies are often unspoken ways of thinking, and while they reflect the society's values, they are
often represented in a distorted manner so that the social system stays in order. Interpellation, on the
other hand, is what discreetly holds each person in their societal position, often based on ideologies.
Whether we realize it or not, the culture industry plays up on our societal ideologies, especially in
movies and television programs. Think of a typical children's TV sitcom; most of these programs
depict a white, middle–class, suburban family with two heterosexual parents, three children, a pet.
Each element of this "average family" is ideological in assuming that the audiences expects and
believes in, or are a part of, this familial structure. By endorsing these ways of thinking, the program
is relating to the audience and validating their beliefs. For example, a young girl interpellates when
she recognizes herself as a daughter, and thus, she gives her parents power.
Children's television is not the only ideology industry; all forms of entertainment often reflect
multiple ideologies at any given moment. Tina Fey's satirical comedy, 30 Rock, provides plenty of
nods to ideologies surrounding the workplace, specifically the entertainment business. In the fifth
episode of season one, "Jack–Tor," Jack Donaghy, the big–shot "Vice President of East Coast
Television and Microwave Oven

Medi Media Conglomeration Case Study
Dictionary.com defines corporation as an association of individuals, created by law or under
authority of law, having a continuous existence independent of the existences of its members, and
powers and liabilities distinct from those of its members. A public corporation is owned and
operated by a government, established for the administration of certain public programs.
Conglomerate on the other hand is a corporation consisting of a number of subsidiary companies or
divisions in a variety of unrelated industries, usually as a result of merger or acquisition
(Dictionary.com, 2016). General electric is an example of a conglomerate. It started out as an
electric company and later added companies to include radios, refrigerators and turbine engines.
General electric has become a household name since being formed as a lighting company by
Thomas Edison in 1890 (smallbusiness.chron.com, 2015). ... Show more content on Helpwriting.net
...
Time Warner INC is considered one of the biggest conglomerate. Starting out as a publishing
company that now own networks like HBO, AOL, Cartoon Network, CNN, TBS, etc. This company
also owns magazines such as Sports Illustrated, TIME, and PEOPLE. According to Lutz (2012),
"178 million unique users read Time Warner News every month" (Lutz, 2012). Media
conglomerates have both advantages and drawbacks. One of the advantages is that they have a huge
power base to push their agenda with minimal government control but must be ethical in their
approach. One of the drawbacks is most of these conglomerates are more concern with sponsors
than their

Case; Ge Growth
1. How difficult was the task facing Immelt assuming the CEO role in 2001? What imperatives
where there to change? What incentives to maintain the past? 2. What do you think of the broad
objectives Immelt has set for GE? Can a giant global Conglomerate hope to outperform the overall
market growth? Can size and diversity be made an asset rather than a liability? 3. What is your
evaluation of the growth strategy (a strategy for a giant global conglomerate with a portfolio of
mature industrial businesses) Immelt has articulated? Is he betting on the right things to drive
growth? 4. How does this case illustrate how strategic intent needs to be matched by both
organizational capability and managerial competence; and show how such ... Show more content on
Helpwriting.net ...
He used tools like Six Sigma to realign the business around this objective. It was through improved
cash flow that Immelt would continue to invest in the business. Immelt hoped to adjust
organizational structure of GE from the cold, results–oriented focus of Jack Welch, to a more open
and less hard–edged architecture. He believed that the major changes that he would initiate at GE
would be a result of the changing environment that GE faced and the shifting priorities that it faced.
– Rebalancing the Business Portfolio Immelt believed that GE needed to reposition itself to
maximize growth opportunities and to achieve growth targets through sound acquisitions. As 2003
began, GE finalized plans to acquire Vivendi–Universal Entertainment. Immelt felt that this
acquisition was crucial to growing the NBC business within GE as the deal would provide them
with important content, production facilities, cable distribution and a strong management team.
Shortly after the Vivendi deal, GE announced plans to acquire a British life–science company,
Amersham. Immelt felt that Biotechnology would be very important part of GE's future growth.
There were many concerns about this second merger, particularly the idea that GE's corporate
culture would stifle the innovation and creativity that had made Amersham successful in the first
place. Immelt vowed to not allow this to happen. – Focusing on Customers, Emphasizing Services
Immelt named Beth Comstock as GE's

General Electric ( Ge )
General Electric General Electric (GE abbreviated) was started with Thomas Edison's invention of
the light bulb. Both Thomas Edison and JP Morgan started the Edison Lamp Company, which later
became known as General Electric. The people at GE are committed to making a world that works
better. General Electric does not have a standard mission statement, but they explain their objectives
by the simple equation seen below. General Electric, as seen in the equation above, looks at what the
world needs, finds a better way to produce that need and does all of this with a relentless drive to
invent and build things that matter. And this equation equals a world that will work better. GE takes
pride in the over all quality of their products and wants stakeholders to know that they are very
customer driven and will put the customer first and foremost. In the GE work equation, they do not
reference the teamwork, customer, excellence and other attributes they may have, but they do focus
on markets served, citizenship, employees, and their self–concept. General Electric was actually
founded in 1892 when Edison General Electric and The Thompson– Houston Company merged to
become The General Electric Company with Charles A. Coffin as the first president. Since the
formation of the company, General Electric has come to be the top contributor in health, science,
and technology, more so than any other company. There have been some remarkable times for
General Electric shown in their

Case Study Of Gtre Gtx 35 Vs Kaveri
Case Study of GTRE GTX 35–VS Kaveri
Geo Oomman1* Aditya Sunil2
1Dept. of Aeronautical engineering, RIET Trivandrum
2 Dept. of Aeronautical engineering, RIET Trivandrum
*geo.oomman12@gmail.com
ABSTRACT
The GTRE GTX–35VS Kaveri is an afterburning gas turbine engine that was developed by the Gas
Turbine Research Establishment (GTRE) division of the Defence Research and Development
Organisation (DRDO). In 1989, the DRDO started developing the GTX–35VS Kaveri engine as an
indigenous power plantto replace the General Electric F404 engines that were initially set to power
the Light Combat Aircraft (LCA), the Tejas, designed by the Aeronautical Development Agency
(ADA) and manufactured by Hindustan Aeronautics Limited (HAL). The Kaveri Engine has a
higher thrust, both dry and wet thrust, than the SNECMA M88. However, due to the Kaveri engine
not being able to satisfy the performance requirements for the LCA, and several delays and cost
overruns, the GTX–35VS was decoupled from theTejas programme in late 2008.
A case study of the GTRE GTX–35VS Kaveri engine is being done to look at the engine that was
developed over the 25–year programme, and the shortfalls of the engine design are being analysed
using information, and documents that have been declassified. The Kaveri project has now been
disbanded, and has been used as the foundation point for the successors being called the K9+ and
the K10, being developed for the Advanced Medium Combat Aircraft (AMCA), and the final
version

General Dynamics Case
In the recent years, General Dynamics has begun an expansion to expand their market reach in many
different areas. Examples of this would be their development of General Dynamics healthcare
providing health care benefits to individuals and other organizations. As well as purchasing
Gulfstream further deepening their ties to the aerospace field. Their strategic plan to explore the
business jet market has struggled in the past years. The industry as a whole has dipped in their level
of business. Gulfstreams business as well as their rivals is not as lucrative as it was in past years.
(Smith, 2017) General Dynamics has potentially been spreading themselves thin with their constant
expansion in different marketplaces. The company has many irons in the fire, and this has caused
their attention to be divulged ... Show more content on Helpwriting.net ...
The company has made some mistakes in depending so heavily on the Gulfstream business. General
Dynamics needs to use a strategic plan to look for other profitable areas within their company. Their
company is so dependent on the profitability of Gulfstream that the company's market shares could
drop immensely if business continues to dwindle. (Market Watch, 2018) The company would be
better off to supplement their business in other areas in order to evenly balance their ventures. The
company has not received the same level of profit and revenue shares with their departments besides
Gulfstream. (Market Watch, 2018) General Dynamics has also suffered by relying on government
spending. (Value Line, n.d) The majority of the organizations business outside of Gulfstream is
through defense contracts with the United States government. Therefore, when military and defense
operations are down the company takes a major hit. General Dynamics has tried to compound this
fact by adding unique department such as their health care

Emerging Economies And Globalization Of India And China
: Emerging Economies and Globalization
There are many factors involved when a company makes a strategic choice to enter into a new
market. These factors include strategic market position, resource availability, human capital, as well
as financial gains and efficiencies. For General Electric Healthcare (GEH), the strategy was clear:
"...to revolutionize the world's health by improving the quality, access and affordability of care."
(GE Healthcare, n.d.) For GEH, the position that they needed was clear, to find a cost effective way
to meet their goal. And their choice was to expand their operations into India and China.
Specifically, according to Kumar (2012), India is on the brink of an innovation boom where many
companies like GEH are establishing operations due to the influx of talented human capital.
"...talent is going to be based out of India and China, and the largest growth markets are going to be
based out of India and China, you have to confront the problem that your top management of the
future is going to have to come out of India and China, because that 's where the product leadership
is, that 's where the important market leadership is." (Kumar, 2012)
Therefore, it makes logical sense that GEH made the decision to expand its operations into these
two countries. The question now is to define the strategy and trade theory in which this decision was
based as well as understand why these theories were used.
International trade theories are constantly changing due to

Entrepreneurial School of Thought
Entrepreneurial School of Thought This school sees strategy formation as a visionary process and is
fell under the descriptive school of strategic management. The chief architect of the strategy is the
CEO of a company. This school took formal leadership seriously and CEO is responsible for
strategy formulation. It stressed on mental state and processes such as instinctive knowledge, belief,
wisdom, experience and insight of a single leader. The leader should be visionary in formulating
strategy. The entrepreneurial school promotes strategy as a process which has a clear image and
sense of direction which can be termed as a vision. Entrepreneurial strategy often occurs in startup
companies and organizations in trouble and needing a ... Show more content on Helpwriting.net ...
* The strategic vision is very flexible, so entrepreneurial strategy tends to be deliberate and
emergent. This means it fully considered the every aspect of a company and very prominent in how
the details of the vision unfold. * Under entrepreneurial school of thought, organization is like a
metal which can easily be molded into any shape according to the vision and mission of the
organization. The leader is free to do necessary changes and transformation as needed. *
Entrepreneurial strategy tends to take the form of a niche which is a specialized but profitable
segment of the market. It protects the organization niche from the forces of open and direct
competition. * A sound vision and a visionary CEO can help organizations to sail cohesively
through muddy waters. Especially in early or very difficult years of the organizations. * Strategy
exists in the mind of the leader in the form of a vision of the organization's future. Limitations In my
opinion the entrepreneurial school of thought has the following limitations which I have discussed
below one by one. * In entrepreneurial school of thought the strategy making is formulated by a
single person i.e. the CEO, so it may neglects the voice of other people in the organization. *
Sometimes when implementing strategy the CEO is not fully aware of the ground level realities of
the organization. He may not be fully aware of the operational

Organizational Culture Aspects Essay
Organizational Culture Aspects
The impact of culture is very important when it comes to attempting and achieving personal goals
and business goals. Organizational cultures are the characteristics that are based on morals, values,
traditions and personnel behavior. Values are very important because people act out upon his or her
values, and values channel behavior. Saying and doing the right thing are two different things and if
managers are trying to set the culture they have to set the example. Physical manifestations such as
ethical codes or written rules are some ways the organization reflects its values. General Electric,
Lockheed Martin, Haliburton Company, Corporate Express, ACH Foods and Whole Foods are
corporations that strive to ... Show more content on Helpwriting.net ...
Lockheed Martin uses The Diversity Maturity Model (DMM) to measure employee's thoughts and
perceptions to a better work environment.
We all have heard the slogan "We never forget who we are working for." Well, that is exactly what
Lockheed's mission is based on, "What's good for people is good for business" (2008). Many
companies are customer based and like General Electric they also "depend upon the imaginations,
intelligence and curiosity of its employees" (2008) to serve customers better. Diversity is accepted
and welcomed at Lockheed Martin because they rely heavily on teamwork. Ethical standards and
behaviors are given to all from top executive leadership positions to every level at the corporation.
They have values they rely on to respect each person's individuality. Do what is right, Respect
others, Perform with excellence.
Creating the right culture is not easy but there are programs that help alleviate conflicts. For
example, Lockheed uses the internet base software programs that give training on ethics and legal
compliances. This type of training can address different topics such as sexual harassment and with
technology has helped many companies in giving training where there is no time for seminars.
Corporate Express Canada
Corporate Express Canada (CEC) has been voted in the top 50 employers of Canada for the last 3
years in a row. Having this prestige makes CEC a very reputable

Essay on Leadership (Jack Welch)
I have learned many lessons from Jack Welch on leadership. Jack Welch has been with the General
Electric Company (GE) since 1960. Having taken over GE with a market capitalization of about $12
billion, Jack Welch turned it into one of the largest and most admired companies in the world by the
time he stepped down as its CEO 20 years later, in 2000. Jack Welch used his uncanny instincts and
unique leadership strategies to run GE, the most complex organization in the world and increased its
market value by more than $400 billion over two decades. He remains a highly regarded figure in
business circles due to his innovative leadership style. Jack Welch demonstrated Kouzes and
Posner's five practices of modeling the way, inspiring a shared ... Show more content on
Helpwriting.net ...
Jack Welch's vision of what GE was possible of gave the company a vision for twenty years while
he was the CEO and chairman. He states, "leaders make sure people not only see the vision, they
live and breathe it." (Winning, pg 67) He not only allowed for employees to stretch, but demanded
it. In teaching workers to stretch Welch knew that workers "may fail. In fact, they probably will fail.
But stretching, and stretching the business, is going to improve performance results." (Jack Welch
on Leadership, pg 105) He also states that "only by setting the performance bar high did it become
possible to discover people's capabilities." Jack Welch's emphasis on candor and breaking the
bureaucracy of modern business separated him from his contemporaries. He excited others of the
possibility of being the biggest and best company in the world and rewarding his best employees
that shared the values of GE. According to FORTUNE Editorial Director Geoffrey Colvin In "The
Ultimate Manager, Welch leads the annals of management history not for anticipating the new
world's changes ahead, but for acting on them: "His great achievement is that having seen it, he
faced up to the huge, painful changes it demanded, and made them faster and more emphatically
than anyone else in business. He led managers into this new world, which we still inhabit, and just
as important, he showed business

Ge's Two-Decade Transformation Jack Welch's Lea
9–399–150 REV: MAY 3, 2005 CHRISTOPHER A. BARTLETT MEG WOZNY GE 's Two–
Decade Transformation: Jack Welch 's Leadership On September 7, 2001, Jack Welch stepped down
as CEO of General Electric. The sense of pride he felt about the company 's performance during the
previous two decades seemed justified judging by the many accolades GE was receiving. For the
third consecutive year, it had not only been named Fortune 's "Most Admired Company in the
United States," but also Financial Times ' "Most Admired Company in the World." And, on the eve
of his retirement, Fortune had named Welch "Manager of the Century" in recognition of his personal
contribution to GE 's outstanding 20 year record. Yet while the mood at GE 's 2001 annual meeting
... Show more content on Helpwriting.net ...
In addition to his focus on strategic planning, Jones spent a great deal of time on government
relations, becoming the country's leading business statesman. During the 1970s, he was voted CEO
of the Year three times by his peers, with one leading business journal dubbing him CEO of the
Decade in 1979. When he retired in 1981, The Wall Street Journal proclaimed Jones a "management
legend," adding that by handing the reins to Welch, GE had "replaced a legend with a live wire."
Welch 's Early Priorities: GE's Restructuring When the 45–year–old Welch became CEO in April
1981, the U.S. economy was in a recession. High interest rates and a strong dollar exacerbated the
problem, resulting in the country's highest unemployment rates since the Depression. To leverage
performance in GE's diverse portfolio of businesses, the new CEO challenged each to be "better
than the best" and set in motion a series of changes that were to radically restructure the company
over the next five years. #1 or #2: Fix, Sell, or Close Soon after taking charge, Welch set the
standard for each business to become the #1 or #2 competitor in its industry–or to disengage. Asked
whether this simple notion represented GE's strategy, Welch responded, "You can't set an overall
theme or a single strategy for a corporation as broad as GE." By 1983, however, Welch had
elaborated this general "#1 or #2" objective into a "three circle concept" of his vision for GE. (See
Exhibit 2.)

General Electric As It Became One Of The World 's Leaders
The purpose of this research paper is to perform an analysis of General Electric as it became one of
the world's leaders in global expansion in light of new leadership strategies. I will further discuss
how since the establishment General Electric through the merger of two innovative companies,
Edison Electric Light Company and Thomas–Houstan Electric Company. And how different
leadership styles and management styles has made GE one of the most innovated company of our
time. General Electric was incorporated on April 15, 1892, by Thomas Edison, is a diversified
infrastructure and financial services company. The products and services of the Company range
from aircraft engines, power generation, oil and gas production equipment, and household
appliances to medical imaging, business and consumer financing and industrial products. The
Company operates its segments through its eight businesses, based on the markets they serve: Power
& Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Appliances and
Lighting, and GE Capital. The Company operates in approximately 175 countries. It was in 1878
where Thomas Edison founder the Edison Electric Light Company. It was at this time where
Thomas Edison invented the incandescent electric lamp. Edison succeeded in developing an
incandescent lamp able of staying lit for 40 hours. In 1880, Edison refined the filaments in his bulbs
to the point that they lasted 600 hours. In 1892 Edison General Electric merged with The

Ge Sessions
GE Sessions
One way that GE ensures leaders play an active role in governance is by conducting regular annual
review periods for key operating functions within the Company, including compliance, environment,
health & safety, and people development. This allows GE to create a cycle of continuous
improvement at the senior level and incorporate evolving best practices. These sessions provide a
vital system of accountability and allow topical focus as needed through the year. They create a
singular point of focus to surface any issues, review performance and disseminate new information.
Session/council Timing Global Leadership Meeting January Session D Compliance review Ongoing
throughout year–once per business CEC ... Show more content on Helpwriting.net ...
Credit risk is the risk of financial loss arising from a customer or counterparty's failure to meet its
contractual obligations. GE faces credit risk in its lending and leasing activities and derivative
financial instruments activities.
Market risk is the risk of potential loss in value of investment and other asset liability portfolios,
including financial instruments, caused by changes in market variables, such as interest and
currency exchange rates and equity and commodity prices. GE is exposed to market risk in the
normal course of business operations as a result of ongoing investing and funding activities.
Event risk includes the possibility of adverse consequences both within and beyond GE's control.
Examples of event risk include natural disasters, availability of necessary materials, guarantees of
product performance and business interruption.
1
Inside GE: The Session C Development Process
In late June when General Electric Company Chairman and CEO Jeff Immelt announced that GE
would reorganize its 11 businesses into six industry–focused segments, he pointed out that the
company has
"a profound commitment to investors that we will always attract, train and promote great people."
His words undoubtedly had a personal impact for the countless numbers of GE employees who have
gone through the company's highly praised, annual integrated business and leadership process called
Session C.
Each year, GE businesses and staff review their needs and

Financial Analysis of General Electric
GE Works 2011 Annual Report CONTENTS 2 Letter to Shareowners 10 Business Overview 29
Board of Directors 31 Financial Section 142 Corporate Information 2011 SUMMARY
CONSOLIDATED REVENUES (In $ billions) 2007 170 NBCU 155 2008 180 163 154 139 150
133 2009 2010 financial and strategic highlights 2011 147 142 22% GROWTH CONTINUES 22%
increase in Operating EPS excluding impact of the preferred stock redemption, and 20% rise in
Operating earnings. $200B RECORD INDUSTRIAL BACKLOG Record equipment and service
orders drove the backlog to a record of $200 billion. GE ex NBCU EARNINGS ATTRIBUTABLE
TO GE (In $ billions) 2007 22.3 NBCU 20.4 17.8 15.9 GE ex NBCU 10.8 9.5 2008 2009 2010 2011
$85B FINANCIAL ... Show more content on Helpwriting.net ...
We need each other to be successful. We made the decision to invest $1 billion in our Appliance
business, modernizing our factories in the U.S. Our first two new products will be introduced early
in 2012, with other major launches throughout the next two years. Most of 2 GE 2011 ANNUAL
REPORT our appliance product manufacturing will move back from China and Mexico to the
U.S. We think we can make more money and serve our customers better. We also think this will
make us a better manufacturing company in every corner of the world. But it is only possible
because our designers, factory workers, managers and marketers work together. GE is a "We
Company." We are solving problems, tough problems. We are in the seventh year of a clean energy
business strategy called ecomagination. Clean energy goes in and out of focus for governments and
consumers. But, at GE, we are steadfast in our investing. In 2011, we had $21 billion of clean
energy revenue, growing twice as fast as the Company average. Ecomagination drives growth
because we are solving problems for our customers. At coal mines, from Pennsylvania to Peru, our
water solutions allow customers to operate productively while achieving high environmental
standards. We demonstrate every day that, through innovation, we can meet societal needs and do it
profitably. We deliver results. That is the ultimate output of a strong culture. Over the next few
years, our performance will accelerate. We aim to reward investors by

Jack Welch Outline
Thesis Statement
Management guru Jack Welch, former CEO of General Electric, has been instrumental in forming
today 's top business management leaders by imparting effective knowledge in leadership
management; he is widely credited with transforming GE into a multibillion–dollar conglomerate.
I. Jack Welch – Who is the man?
A. Biography –
1.Born in Salem, Massachusetts, in 1935.
a. Growing up – The family lived in one of the poorer neighborhoods of Salem, Massachusetts.
Welch has said that his mother was the most important influence on him, cheering him on in sports
and academics, and always encouraging him to strive for more b. Schooling – Welch continued to
pursue his education at the University of Illinois, ... Show more content on Helpwriting.net ...
He was part of the Chemical Development Organization, a wing of GE meant to develop new
businesses in chemicals. Welch was known as a maverick from the beginning. Working away from
headquarters, and in a section of the company outside the traditional electric businesses, he was
unhappy because of the low raise he was given, and he felt that GE had a strict bureaucracy. He
would have left the company had it not been for Reuben Gutoff ("Thought Leader"). In 1968, Welch
was appointed General Manager of the worldwide Plastics Division and became a vice–president in
1972. His move up the corporate ladder was steady. He became a senior vice–president in 1977, and
a vice–chairman and executive officer in 1979. In 1981, he was appointed Chairman and Chief
Executive Officer (CEO) ("Thought Leader").
General Electric is a highly diverse corporation, manufacturing a wide variety of goods from light
bulbs and appliances to aircraft engines and nuclear weapons. GE enjoyed national recognition as a
model of American industry, as well as rising profits
and sales from $13 billion in 1981 to over $300 billion in 2001 when Welch retired ("Jack Welch
Gurus"). Welch listened to the market analysts who predicted that corporations would have to
restructure their top–heavy bureaucracies and huge staffs of business school planners. Over the next
five years, Welch put his

A Research On Investment Portfolio Project
Investment Portfolio Project
Five companies have been chosen in order to conduct research into the securities that they use
within their company. The five companies are: Oracle, Disney, Cisco, Wal–mart and a general
electric company. The companies chosen span over various industries starting with Oracle and Cisco
which are technology companies, Disney which is in the movie industry, Wal–Mart which is a
supermarket and lastly an electricity service industry company. This gives us a better view of how
the securities change depending on not only the company but also the industry which they are
involved in.
For each company we will be looking into the 10K and investment reports, general economic data
and Federal Reserve data. 10K reports are an annual "comprehensive summary report of a company
's performance" (Investopedia, 2015). Investment reports on the other hand, highlight the
investments the company has made into other companies or vice versa. General economic data is
what it says on the tin it focuses on the economic status of the country and the industry. And lastly,
Federal Reserve data provides us with information from their "innovative research on a broad range
of topics in economics and finance." (Board of Governors of the Federal Reserve System, 2015).
Oracle
Oracle Corporation (NYSE: ORCL) based out of Redwood Shores, CA is a technology company
providing hardware, software, cloud, and corporate services (Forbes, 2015). In addition to being one
of the most

Case Analysis Of General Electric
CASE ANALYSIS OF GENERAL ELECTRIC
Aaron Sneddon
DeVry University
BUSINESS POLICY (BUSN412)
Edward Pinero
June 24, 2015
Company Information
Company Name: General Electric
Website: www.ge.com
Industry: Diversified Machinery
Background and History of General Electric General Electric was originally the Edison Electric
Light Company that was established in 1878 by Thomas A. Edison. In 1892 it merged with
Thomson–Houston Electric Company to create General Electric. In this current time, General
Electric has now grown to a huge conglomerate. The business units that make up General Electric
are GE Aviation, Capital, Energy Management, Healthcare, Lighting, Power & Water, Oil & Gas,
and Transportation. The company has been trying to expand into emerging markets and shrinking
the Capital business unit. Jeff R. Immelt is the current CEO and has been in that seat since 2001.
According to Steve Lohr, General Electric's net profit loss for quarter one of 2015 was 13.6 billion
dollars and the revenue was 29.4 billion dollars" (Lohr, 2015). The net profit loss for the quarter
relates back to General Electric selling most of GE Capital. General Electric is expecting to take a
initial loss of 16 billion dollars from selling the majority of GE Capital.
Porter's Five Forces Model on General Electric:
Threat of New Entrants o The threat of new entrants in the businesses that General Electric is
primary involved in is pretty low as each of the industries have a high

Ge Healthcare Case Analysis
Dion Giannoukos
Monica Chartier
Khushboo Thakkar
Jaya Singhal
2/17/16 – GE Health Case Analysis
The Omega Ultrasound System would be the best choice to green light for the Healthymagination
initiative. After assessing all the potential products, we determined that the lack of concrete metrics,
difficulty or uncertainty in measuring outcomes, or clinical relevance to the Healthymagination goal
rendered the TEEMax, UltraLipo, and HepEcho unfit for launch. We've outlined justification for this
decision in (Figure 1.), but we believe the Omega system provides the greatest opportunity for
meeting Healthymagination standards with the best chance of obtaining definitive evidence to
support the certification.
The midwives in Indonesia ... Show more content on Helpwriting.net ...
The three focal criteria for Healthymagination is on 15% improvements in cost, access, or quality.
After looking at the other options, we found it would be either A. Uncertain we could achieve that
level of improvement in any of those three areas or B. that we wouldn't be able to definitively
correlate the improvement to the device. The Omega system posed the possibility of improvement in
all three of these areas.
Cost: This would be the most difficult to measure, and since GE would have no control in setting
price for service, it is unclear if there would even be an impact in this. That being said, however, if
the Omega device grants the ability of midwives to perform diagnostics that would otherwise
require a hospital, we can say the cost savings of using a midwife vs. going to a hospital were
related to the use of the Omega system.
Quality: As we mentioned before, Indonesia ranks poorly on infant mortality with a need for better
options and equipment for midwives to change that. Thus, if we were to launch the Omega system in
Indonesia, and follow up data suggests a decrease in child mortality, it could support the notion that
the Omega system was responsible for the increase in quality of

General Electric Leadership Essay
ASSIGNMENT ON LEADERSHIP
Lecturer: Dr. Brian O'Reilly
Title: Compare and Contrast Two Leaders
Executive Summary
This paper would take leadership into account by comparing and contrasting two well–known
leaders in General Electric (GE). The paper first introduces two leaders with some brief biographies,
characteristics and their contribution to the GE. It then looks at who would be the more effective
leader by providing with some aspects of leadership. It then comes up with some skills these people
employed in their leadership to help GE growth rapidly during 1990s till now. The next part will put
a conclusion and some recommendations about leadership for potential leaders in the future.
Contents 1. Introduction 4 2. Who is ... Show more content on Helpwriting.net ...
Welch was a very good hunter for opportunities and also a good manager of risks and threats while
Immelt improved what Welch had. As a successful story in business management, application of Six
Sigma program in GE was spread over the world as one of the most valuable lessons among
businesses in the world relating to quality control. (see Appendix B, Story 1)
Above all, Welch was a ruthless taskmaster at GE. Immelt works with long term perspective rather
with a short term one. Immelt proved that he is a very effective leader by helping GE overcome the
hardship in 2001 when terrorist attacks on September 11 were a harbinger of bad times to come for
GE. (see Appendix B, Story 2)
It's really difficult to say this leader is better than another one. To compare and contrast them, in the
range of this paper, in terms of leadership, we would just use leadership styles, traits of emotional
intelligence that helped them become top leaders in the world.
2.1. Leadership styles
In the reign of Jack Welch during his 20–year at GE, a new leadership style was introduced and
spread companywide. Welch developed a ranking system that put employees in one of the three
categories. The top 20 percent were "stars", the middle 70 percent were the crucial majority and the
bottom 10 percent were weeded out. Through his policy of differentiation, Welch was able to
separate those who

The Drive Is A Trait Described By Kirkpatrick And Locke

More Related Content

Similar to The Drive Is A Trait Described By Kirkpatrick And Locke

More from Karen Oliver

Recently uploaded

The Drive Is A Trait Described By Kirkpatrick And Locke