General Electric ( Ge ) - 1593 Words

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 theirShow MoreRelatedGeneral Electric ( Ge ) Essay1254 Words   |  6 PagesGeneral Electric (GE), established in 1892, is an American based, diverse conglomerate. General Electric is common household name, as well as a renowned name in electric, oil, gas, power, renewable energy, aviation, transportation, and healthcare. In 2015, the Fortune 500 Company had over $117 billion in revenue. The company continues to expand, and even surpasses the yearly goals it sets for its self. As of 2015, GE has 10 research centers, employees over 3,000 engineers and PhD’s between theseRead MoreThe General Electric ( Ge )1275 Words   |  6 Pagesquick 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 managementRead MoreGeneral Electric ( Ge )816 Words   |  4 PagesGeneral Electric (GE) has manufactured and sold products that span from a small household appliance to health care equipment, and also jet engines for years. Almost everyone has heard of GE and has used one of their appliances at some time. Growing demands for new technology remains just as strong as ever. GE has combined technology and globalization by taking their state of the art products around the globe and into 130 countries (Directory, 2016). In January 2015, GE Ventures, (Geventures, 2015)Read MoreGeneral Electric Company ( Ge )1394 Words   |  6 PagesGeneral Electric company (GE) is one of the world s most admired, valuable, and lar gest companies in the world. GE is also one of the top five oldest industries in the United States, at a 130 years. This great American company has been stayed in business because of the many great leaders who have led the success for GE. Leader s such as, Jack Welch and Jeff Immelt, have brought many changes at GE bringing the company into the 20th century. Jack Welch and Jeff Immelt have been very successful atRead MoreCeo Of Ge ( General Electric )2039 Words   |  9 PagesINTRODUCTION: Four days before the events of September 11, 2001, Jeff Immelt was appointed as the new CEO of GE ( General Electric). The change in GE’s association along the simultaneous adjustments in past and communal contexts allocated the multinational firm in a critical locale considering their commercial returns and reputation. From 2001 across 2005, GE confronted a number of subjects stemming from the evolving company and how their benefits and communicative strategies worked inside it.ThereRead MoreGeneral Electric Company : Ge Corp1797 Words   |  8 PagesGeneral Electric Company GE Corp (General Electric Company GE, NYSE:GE), the world s largest Multi-National Corporation to provide technology and services. According to 2007 statistics, GE s sales income is 172.738 billion, has the world s second largest market assets of company, and in sales revenue over the past four years has been first in the world.. GE is a more outstanding Multi-National Corporation in the development of diversified companies. At present, the company has more than 100Read MoreJack Welch Is The Ceo Of General Electric ( Ge ) Essay708 Words   |  3 PagesJack Welch is the CEO of General Electric (GE). He has an exceptionally legitimate methodology with regards to dealing with his organization. As indicated by the video, Jack Welch anticipates that his workers will be lively, have high official capacity, and be energetic with an edge. Be that as it may, there is an extensive contention encompassing Jack Welch. Jack Welch sorts out his representatives in various levels taking into accou nt execution. His classifications include: top entertainers, centerRead MoreGe Energy Rentals Is A Business Unit Of The General Electric1520 Words   |  7 PagesGE Energy Rentals is a business unit of the General Electric Power Systems (GEPS) (Bollapragada, Ganti, Osborn, Quaile, Ramanathan, 2003, p. 45). The GE Energy Rentals has established a web-based application to evaluate the customers credit worthiness. In other words, this is a technology aimed to determine the worthiness of the customers’ credit. GE Power is the world’s recognized power generation leader. The GE supplies the electricity industry with the world’s most efficient digital power plantRead MoreEssay on General Electric (Ge) Analysis Using Porters Approach3359 Words   |  14 PagesGeneral Electric (GE) Strategic Management Case Study: General Electric (GE) Analysis using Porter’s Approach By: Johnny Cantrell Part A: General Electric, or GE as it is better known, is a diversified technology, media, and financial services company. Their primary objective as stated is â€Å"focused on solving some of the worlds toughest problems†. Their slogan, which is â€Å"imagination at work†, truly says everything there is to know about the vision of the company. InsideRead MoreGe Healthcare As A Subsidiary Of General Electric Set Up By Iconic Inventor Essay869 Words   |  4 Pages 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