Friday, May 22, 2020

Relevant Facts about GE and PG - 431 Words

Publication: Grant, R. (2010). Jeff Immelt and the Reinventing of General Electric, 2009. Retrieved from: http://edugen/wileyplus.com Company: General Electric Relevant Facts Somewhat difficult transition between Welch management style and Immelts paradigm. Old mode: Acquire more and brand globally; New mode: Rely on GE capital and focus on long term lines, minimizing underperformers. GE divested of a number of units (insurance, reinsurance, plastics, etc.) Immelt reshaped business portfolio towards more technological or popular units that would show more immediate profit Immelt needed to revamp in order to avoid perceptions of insolvency and tie ins with Lehman and other subprime and fiscal losses. Key Issues New business portfolio includes focus on: Broadcasting and entertainment, healthcare, energy, technology infrastructures, and finance. GE exists low growth and/or low margin businesses; Issue is return of cost of capital. GEs new position and growth model focuses on areas that are growing in the 21st century, have longer-term capacity, but will show ROI in the short-term as well. Core Competencies Infrastructure technology (healthcare, aviation, transportation, energy) GE Capital fiscal services, high ROI Innovation and bringing superior performing products to the market Strategy Continue to develop and delight the consumer with sustainable innovations that improve the profitability and environmental profile of our products. RecommendationsShow MoreRelatedHuman Health And The Environment : Gmos1668 Words   |  7 Pageslaboratory through genetic engineering, or GE.† This does not include organisms that have been altered through other means such as traditional cross-breeding, or antibiotic or hormone treatments. There are many beneficial reasons for genetic engineering or genetically modifying plants. 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