General Electric Company ( Ge ) - 1394 Words

General Electric company (GE) is one of the world s most admired, valuable, and largest 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 at changing GE and making it a more highly profitable company, due to their leadership styles and corporate culture. General Electric Company would not be here today, if it were not for one of America s most brilliant minds was, American inventor Thomas Edison. Thomas Edison was a leader that would revolutionize America future of electricity. In 1876, Thomas Edison opened up a laboratory where had created many inventions we still use today. Inventions such as, the phonograph, incandescent light bulb and motion picture camera. One of Thomas Edison most successful invention was in 1879, when he invented the incandescent light bulb. Little did Thomas Edison know at the time, but his invention of the incandescent light bulb would create a whole new world of inventions in the field of electricity. In 1890, Thomas Edison founded his company calling it the Edison General Electric Company. During that time, a major competitor was dominating the electrical innovation field called the,Show MoreRelatedGeneral 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 MoreGeneral Electric Vice Electric Company Essay1395 Words   |  6 PagesGeneral 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 TechnologyRead MoreGeneral Electric ( Ge )1593 Words   |  7 PagesGeneral 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 worldRead MoreHistory Of General Electric Company1709 Words   |  7 PagesHistory 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 haveRead MoreGeneral Electric: One of the Largest Electrical Firms in the U.S1784 Words   |  7 PagesGeneral Electric is one of the largest electrical firms in the U.S. and is listed as the fourth largest industry in the world. It operates through four main divisions: Energy, Technology Infrastructure, Capital Finance, and Consumer and Industrial. In the year 1876, Thomas Edison pioneered his own laboratory in New Jersey, where he created one of the greatest inventions during that time period. Edison created the first ever-incandescent electric lamp. Throughout the next ten to fifteen yearsRead MoreMajor Competitors Of General Electric1226 Words   |  5 PagesFive Forces Model †¢ Current Competitors General electric is one of the world s largest and most diversified companies. With eleven different segments of the company, ranging from Advanced Materials to NBC Universal, General electric has a strong hold on many separate markets. As a whole, General Electrics main competitor on a conglomerate level consists of Siemens. Siemens AG (SI) is a leading diversified company offering products and services in information and communications, automation andRead MoreEssay on General Electric Training Effectiveness1097 Words   |  5 PagesThe Leadership Development GE-Style case study offers a glimpse in to the management and leadership training provided by General Electric to its seasoned executives (Kreitner, 2008). The history of General Electric dates back to the days of Thomas Edison, with the formal company forming in 1892 (GE, 2010). General Electric is a successful company, which spans a history of over a century of time. They have grown from a company primarily concerned wit h electricity to one that competes globally inRead MoreGeneral Electric And Its Swot Analysis1297 Words   |  6 Pagesinternational scale. In this regard, General Electric s diversification method and its probable strengths, weaknesses, chances, and pressures would be deliberated further. Areas of diversification of General Electric and its SWOT Analysis Diversification talk about to the growth of operations by a corporation in order to grow outside the business in which it presently deals. In light of this, the diversification areas of General Electric can be emphasized. GE is an American worldwide organizationRead MoreGeneral Electric And Its Swot Analysis1458 Words   |  6 Pageson a global scale. In this regard, General Electric s diversification approach and its potential strengths, weaknesses, opportunities, and threats would be discussed further.// Areas of diversification of General Electric and its SWOT Analysis Diversification refers to the expansion of operations by a company in order to grow outside the industry in which it currently deals. In light of this, the diversification areas of General Electric can be highlighted. GE is an American multinational corporationRead MoreGeneral Electric, A Worldwide Conglomerate Corporation1728 Words   |  7 Pages General Electric, a worldwide conglomerate corporation, was founded in 1892 in New York. Currently, the GE headquarters remains in Schenectady, New York, and have a second location in Fairfield, CT. As a publicly traded company, GE is one of the â€Å"original twelve† on the Dow Jones Index; the only one left remaining there today, 119 years later. In addition to the Dow, General Electric is also a member of the SP 500. As of 2015, the company operates through the following business divisions: