Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Ge case analysis

15/04/2021 Client: muhammad11 Deadline: 2 Day

Management Information Systems 15e KENNETH C. LAUDON AND JANE P. LAUDON CHAPTER 3 CASE 1 SUMMARY INFORMATION SYSTEMS, ORGANIZATIONS, AND STRATEGY GE Becomes a Digital Firm: The Emerging Industrial Internet General Electric, one of the largest industrial manufacturing firms in the world, is attempting to transform itself into a software company, part of the Industrial Internet. In order to achieve this objective, GE will need to hire a new labor force, train a new management corps, develop new services that its customers will pay for, and create a new culture which is more collaborative, fast acting, and innovative. It will need to become a digital firm like other leading Internet firms such as Amazon, Google, Apple, and eBay. Systems GE’s Jeff Immelt on digitizing in the industrial space McKinsey Company URL CASE https://www.youtube.com/watch?v=hMa5YHOInIc; L=10:49 GE is one of the largest industrial manufacturing and engineering firms in the world, with revenues in 2015 of $117 billion. Founded in 1892 as an electrical equipment manufacturing firm producing generators designed by Thomas Edison and his Edison Machine Works Company, in 2016 it operates in 180 countries and has 333, 000 employees worldwide. GE’s industrial business is managed in eight segments: power generation, energy management, transportation, renewable energy, transportation, aviation, appliances and lighting, oil & gas, and healthcare. GE manufactures generators, power plant and grid controls, locomotives, airplane engines, wind mills, kitchen appliances, and cat scan machines, along with over tens of thousands of other products from switches to industrial controllers, as well as continued Chapter 3, Case 1 GE Becomes a Digital Firm: The Emerging Industrial Internet 2 consumer products. As it’s current CEO remarked, “We make heavy things that take tons of capital to build, and last for 20 years.” Under CEOs Charles Wilson (1940-1950), and Reginald Jones (1972-1981), GE grew to become the largest industrial firm in the US and world based largely on its engineering and manufacturing expertise. Most of its products were sold in the US. In the process it became a conglomerate of heavy industry businesses that were difficult to manage efficiently by a large bureaucracy, that was expensive and slow. Nevertheless, its management training for very large Fortune 500 firms was considered world class, and was the training ground for many senior managers throughout America. Jack Welch (1981 to 2000) succeeded Jones and began simplifying GE’s corporate structure, selling manufacturing businesses that were not dominant in their markets, and reducing headcount. He became known as “Neutron Jack” for eliminating so many employees but leaving the buildings intact. Facing slower growth in the US market for heavy machinery, Welch moved aggressively to turn GE into a financial services company, in part by providing financing for customers who bought its heavy machinery, but also by expanding into other loan and leasing activities typical of banks. Welch added a new division to GE’s roster of businesses called GE Capital. Welch reduced investment in the remaining industrial businesses, focusing instead on financial products and services that required less capital to operate and maintain. At the time, it was thought financial services could spike GE’s revenues and profit, increase its share price, and return GE to the ranks of “growth companies.” In 2005 half of GE’s profits were coming from GE Capital, and GE itself had grown away from its industrial base to become an unregulated financial services firm (a so-called “shadow bank”). By 2007 GE had become one of the top ten largest financial institutions in the United States, and the largest non-bank financial institution. Because it was not a chartered US bank, it was not regulated by the Federal Reserve or other federal agencies. It could take risks that regulated banks could not. And it did take these risks. The financial crisis of 2007–2008 ended the scenario of GE becoming primarily a financial services firm. It’s leases and loans declined in value as its customers could not make their payments on leases and loans. It could no longer borrow money to finance loans and leases without paying exorbitant interest rates. GE lost its triple A credit rating. In short, GE Capital was close to failure. In 2008, the federal government bailed out GE Capital by insuring $139 billion in GE debt in an effort to prevent the collapse of GE Capital,

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Professional Accountant
Quality Assignments
Smart Tutor
Exam Attempter
Financial Analyst
Accounting & Finance Master
Writer Writer Name Offer Chat
Professional Accountant

ONLINE

Professional Accountant

I have read your project details. I can do this within your deadline.

$47 Chat With Writer
Quality Assignments

ONLINE

Quality Assignments

I am known as Unrivaled Quality, Written to Standard, providing Plagiarism-free woork, and Always on Time

$27 Chat With Writer
Smart Tutor

ONLINE

Smart Tutor

I have read your project details. I can do this within your deadline.

$32 Chat With Writer
Exam Attempter

ONLINE

Exam Attempter

You can award me any time as I am ready to start your project curiously. Waiting for your positive response. Thank you!

$40 Chat With Writer
Financial Analyst

ONLINE

Financial Analyst

I am known as Unrivaled Quality, Written to Standard, providing Plagiarism-free woork, and Always on Time

$20 Chat With Writer
Accounting & Finance Master

ONLINE

Accounting & Finance Master

I will cover all the points which you have mentioned in your project details.

$18 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Unit 6 assignment - HR006: Leadership, Systems Thinking, and Change Management: - Csec 630 final exam - Logan products computes its predetermined overhead rate - Five paragraphs argumentative essay. - Final Proposal - What are some of the factors that affect social mobility - Art labeling activity tactile receptors in the skin - Medical assistant creed and code of ethics - Marketing and Consumer Benefit vs Risk - Automatic shut-off metering valve - Future costs that differ across alternatives are - Week 1 CS quiz - What is a dramatic question in a play - Assess the Benefits and Challenges of Leading a Diverse Team - Banner finance cheat sheet - Discussion Board Due 8/26 - Www.grtep.com login - Hire Professional Research Proposal Writer - Osha ppe toolbox talk - Examples of how value chain helps companies become more competitive - Starwood eame services company bvba - How to stop cvs pharmacy automated calls - No tea cozies without irony - Farewell to manzanar pdf - Coral language - Discussion needed by Thur @5 - ONE PAGE response from prompt BOOK: "Angela's Ashes" by Frank McCourt - Introduction to business ethics desjardins pdf - Midas case study - Copyright 2016 pearson education inc - 7 stages of business growth - Andrew watton property consultants - 6 hours ! - Hw2 - How to fill 8d report - Hi macs color chart - What is veracity in nursing ethics - Educational Illustrations Services In UK - Best buy organizational change - Learning intentions and success criteria examples - 0737179697 MAMA SHANANI ABORTION CLINIC IN UITENHAGE - What is the meaning of papel picado - Mini Research Paper - Importance of simulation in public policy making and four approaches for implementing policies in the public domain - WK3 - How immigrants become other marcelo m suarez - Green computing project - Comprehensive accounting problem with solution - Four phases of comprehensive emergency management - Solution of analysis of financial statements - Management - Identifying motherboard components worksheet - Informative speech critique example - Biology - The family crucible interventions - Position Paper - Human resources week 4 - Ming wong chinese sunniside - Scholarship Essay - Draw out the benetton supply chain - Wiat iii oral language composite description - Foodland carpet cleaner hire - How would you describe mcdonald's business strategy - 3 5 kg to pounds - ESSAY... Human Development: Development Though the Lifespan 7th edition - Hospital training presentation - Med surg case studies with answers - Blockchain In finance and Banking Industry - ????ℂ???? ℝ????????????????????????????: ???????????? ???????????????? ???????????????????????????????? ????????????????????????????? - Examples of common conflicts in nursing - Quantitative data collection/analysis - I need 2 pages on International Sales and Marketing . - Cultural conflicts of the 1920s - Why is kevlar so strong chemistry - Hr assistant job scope - Youth allowance independent through work - Bt lifetime super employer plan - Winding up an incorporated association - The fip principle of notice awareness states that - Ultimate slimy lab instructions pdf - What is swot analysis when applied to healthcare organizations - Should everyone go to college by stephanie and isabel summary - How does a lemon produce electricity - Is it Right to be a Relativist? - Urn of sacred ashes poison or not - Reflection paper - Gopro marketing strategy 2019 - CHCLEG001 - Work legally and ethically - High level business requirements document template - Boeing 737 take off procedures - Moreton bay council bins - Hackman and oldham 1974 - Disaster recovery - English-Quotation Analysis - Drama - Shadow line ceiling trim - Ephesians 5 33 nkjv - Brave new voices poems lyrics - +91-8306951337 get your love back by vashikaran IN Ulhasnagar - Why is the handling of sexual harassment cases considered complicated