Reference no: EM131358977
We begin each chapter by introducing an exceptional leader and company, followed by some questions for you to answer, and we answer the questions throughout the chapter. We selected General Electric (GE) for the first chapter because it was ranked number 1 in the world for leaders by Fortune Magazine,1 and its CEO Jeffrey Immelt has been named one of the best CEOs in the world by Barron's, ranked in the top 10 of Fortune's Most Powerful Businesspeople in the World, and named man of the year by the Financial Times. Fortune Magazine, Financial Times, Forbes, and Business Week consistently rank GE among the most admired companies in the United States and in the world. Over the past five years, GE has grown its earnings an average of ten percent annually.2 GE is Imagination at Work; it has a history of bringing innovation to market. GE is a diversified technology, media, and financial services company focused on solving some of the world's toughest problems. More than half of the company is located outside the United States. It serves customers in more than 100 countries and employs more than 300,000 people worldwide.3 You are either a customer of GE or have indirectly been exposed to its products and services without realizing it. GE is a conglomerate with multiple lines of business under the following six business units:
• GE Commercial Finance
• GE Healthcare
• GE Industrial
• GE Infrastructure
• GE Money
• NBC Universal
If you are interested in working for a company that is seeking people with leadership skills, or one that will develop your leadership skills, GE is a company to consider. Like most major organizations, GE's Web site provides information regarding career opportunities.
Opening Case Questions:
1. Why is GE so successful?
2. Does GE use our definition of leadership ("the influencing process of leaders and followers to achieve organizational objectives through change")?
3. Can leadership skills be developed, and can you develop your leadership skills through this course?
4. What leadership managerial roles does CEO Jeff Immelt perform at GE? Can you answer any of these questions?
You'll find answers to these questions about General Electric and its leadership throughout the chapter. To learn more about General Electric, visit the company's Web site at https://www.ge.com.
What is the project net present value
: ABC Inc. is considering a project with an initial cost of $1,598. The project will not produce any cash flows for the first four years. Starting in year five, the project will produce cash inflows of $622 a year for four years. If the discount rat..
|
Explain whether technology has assisted or hindered process
: Propose two ways that a company can gain a competitive advantage over other companies when striving to recruit job applicants. Determine whether technology has assisted or hindered the process.
|
Outline the four main components of a marketing mix
: 1. Outline the four main components of a marketing mix. List two factors that must be considered for each component. Describe advertising's role in the marketing mix.
|
What services are provided to law enforcement by the lab
: Visit the FBI website at www.fbi.gov and search for the crime laboratory. What services are provided to law enforcement by the lab? Pick one of the services provided and how you would specifically ask the FBI lab to do for your case? Revie..
|
Does ge use our definition of leadership
: If you are interested in working for a company that is seeking people with leadership skills, or one that will develop your leadership skills, GE is a company to consider. Like most major organizations, GE's Web site provides information regarding..
|
Explain the negative consequences to a debtor
: Explain the negative consequences to a debtor whose debts are discharged in bankruptcy and if debtors are better off as a result of having their debts discharged.
|
Rebekah nathan community and diversity
: Struggling with community in this way is, as observers of American life have pointed out, the American way. The same things that make us feel connected and protected are the things that make us feel obligated and trapped as individuals and/or cut ..
|
What prevention strategies could be used
: When is prevention likely to be most effective? How would a society develop a plan to reduce abuse and addiction? What prevention strategies could be used?
|
Survey of gym customers and give a brief description
: Bus105 computing assignment - Find at least one journal article or website related to the survey of Gym customers and give a brief description.
|