External Factors Essay Example

General Electric Internal/External Factors Essay Example General Electric Internal/External Factors Essay General Electric Internal/External Factors Essay General Electric Internal/External Factors For over one hundred thirty years General Electric has helped shape this country to the comforts known today. Their company motto â€Å"imagination at work† says it all. With their ability to adapt to the ever changing environment around them as lead the company’s success and drive over the years. In today’s corporate world you can not find a stronger company that has learned and changed through time. The following looks at how they survived and grew for over a century. A strong company learns to adapt to different factors in the world. Most of these factors come from within a company which tends to break the company down over time. General Electric has learned to watch for issues like this and works to keep its employees as a major part of the company’s decisions. It was best stated by the company’s CEO Jeff Immelt back in 2005, â€Å"At the top, we dont run GE like a big company. We run it like a big partnership, where every leader can make a contribution not just to their job, but to the entire Company† (GE, 2005). The company learned to listen to its leaders on all levels which keep the company connected to the daily needs of the employees and its customers. General Electric learned that these individuals see more of the company everyday and in order to make sure they have the best leaders in each level to control the daily business they have built their own team training program. For over 50 years the General Electric company has been sending its leaders to the John F. Welch leadership center to further educate the company’s employees in order for better results out of the next generations leaders. On top of the continued education of their employees the company faces external challenges each day. For years the challenge has presented its self for the company to produce energy efficient products and they have risen to the occasion. Today you will find that they are still given the challenge to help our environment and they are ready to help. Today’s economy still fights to try and create new ways to reduce harmful gas emission and find alternate means of energy. General Electric has taken this challenge and worked on many projects help the environment that today’s society is currently creating. One thought was to reduce the amount of emissions and General Electric has stepped up with the new Integrated Compressor Line (ICL). The ICL has reduced both CO2 emissions and reduced the use of 38, 250 liters of lubricant oil for each unit’s life (GE, 2008). These are just some ways that General Electric has thrived over the years. They have followed the fact of watching the economy and building strong leaders to help plan and control all aspects of the company. The emergence of globalization has caused numerous companies to change the way they function as an organization. Globalization affects all the functions of management: planning, organizing, leading, and controlling. General Electric Company is on the forefront of globalization and has adapted to meet the needs of a new global marketplace. For the function of planning, GE has made changes with respect to globalization. By throwing out the old top-to-bottom model of planning, GE has created teams of junior staffers, taken for their ability to think creatively. The company has also begun to make interactions with clients and suppliers, which is a dramatic shift from the close-to-the-vest approach of yesteryear (Byrne, 1996). In regard to organizing, GE has effectively shifted from an industry leading manufacturer, to a service-focused international conglomerate with activities in energy, construction, financial services, and health services (Auchard, 2008). In a recent speech, CEO of GE Jeff Immelt made it perfectly clear that GE will maintain a global approach to running itself, now and in the future. Immelt said I am a globalist. You are a globalist. We all believe in the strength of the global economy, (Auchard, 2008, para. 4) as quoted in a recent article. The survival of a company depends on its ability to utilize current, developing, and new technologies. Technology affects every aspect of business, from manufacturing, to management, to communication. Advances in technology allow companies to enter markets that it was unable to in the past. For example, GE has developed a new technology for MRI machines in the United States and does research in India for low cost. GE then sells them in emerging markets, such as China and other East Asian countries (Auchard, 2008). A venture like this takes an incredible amount of planning and organizing. First, the company needs to locate and assess potential markets. Then they would have to organize the resources needed to create, manufacture and distribute the product. Next, they need the leadership to influence the creation of the product throughout every stage of development. Lastly, they have to assess if the venture was successful and make recommendations to improve the process now and in future ventures. As a company General Electric is very much about innovation and innovative thought. This is readily apparent from not only their slogan â€Å"imagination at work† but also when one looks back to General Electric’s humble beginnings when their research laboratory was first built. It was during that time when General Electric established one of its main priorities (General Electric, 2008). The research laboratory’s purpose was to discover new things and to figure out a way to put those new discoveries to use. An example of this would be General Electric’s DLN 2. 6+ Combustion System. This system was created in response to higher gas prices and more stringent emission requirements. It not only saves fuel but lowers CO2 emissions (General Electric, 2008). The development of the DLN 2. 6+ Combustion System shows that even today General Electric still makes goals and objectives to help them grow while bringing â€Å"innovative technology to the world† (General Electric, 2008). Bringing innovative technology to the world is not a simple task. This task would require a large amount of resources. Fortunately, General Electric has found a way to obtain the needed resources. Over the years General Electric has spread to locations around the world which in turn has given them access to vast resources within each country. In countries that are experiencing enormous growth such as China General Electric has been able to build and develop resources successfully (General Electric, 2008). General Electric prides itself on not only the quality of its products but also the quality of its leadership. The CEO of General Electric Jeff Immelt believes in looking at the big picture and how General Electric fits into that picture (General Electric, 2008). As such he believes in everyone making a contribution to both his or her jobs and the entire company (General Electric, 2008). Also since Jeff Immelt became CEO General Electric has been recognized in polls as Americas Most Admired Company and of the Worlds Most Respected Companies they have also seen a variety of successes in discovering and producing innovative products (General Electric, 2008). As a company General Electric prides itself on integrity along with innovation. As such they have very strong governance principals that they follow in order to maintain fully compliant. General Electric’s principals outline everything from the role of the board and management to the policy on poison pills (General Electric, 2008). Their principals provide the framework that General Electric uses maintain their high compliance standards which have earned them their 10. 0 rating from Governance Metrics (General Electric, 2008). Over the years General Electric as a company has grown to include locations worldwide. As General Electric grew its workforce changed and began to include people from diverse backgrounds speaking a multitude of languages. As General Electric continues to grow worldwide they have the ability to call upon their diverse workforce to aid them in creating goals that will allow them to advance within other countries such as China or India (General Electric, 2008). General Electric recruits employees of various backgrounds from all over the world. The career portal on their website offers jobs in their various locations in many different countries written in the peoples native languages. This helps General Electric obtain talent from various countries (General Electric, 2008). General Electric also has network groups such as the GE Womens Network, the African American Forum and the Asian/ Pacific-American Forum. The goal of these groups is to attract and retain talented individuals of various backgrounds and to provide a place for individuals of similar backgrounds to get together and obtain support within their work environment (General Electric, 2008). By having these types of group within there organization General Electric makes it easier for their goals to be achieved. These groups help to create cohesion within the company and a clear understanding of everyones roles. Ethics influence’s all four of the functions of management at General Electric. General Electric uses technology to better the world. General Electrics planning is based around their roots. They started small and worked their way up. Setting goals from a barn in his back yard Steinmetz convinced the higher up’s that the company would benefit from a research laboratory. By having a laboratory the company could perform more tests and grow in the technology to help others. While Steinmetz and Whitney might not recognize the facilities today, they would feel very comfortable with the lab’s mission - spurring GEs growth by bringing innovative technology to the world (General Electric, 2008). General Electric’s organizing goes hand in hand with the planning because once you have the plan you must put the ball in motion. The company needs a certain type of people to and a certain work environment to promote the atmosphere needed to bring their mission to light. GE’s mission is to bring innovative technology to the world. GE’s leadership is the top personal that sees that all the planning and organizing goes they way the company would like it to. GE encourages their personal to learn as much as they can in order to move up into a leadership position. The leadership of the company makes sure that they are teaching and letting any personal that would like to learn in order to advance that they can. Their controlling is like the leadership part but has more of a structure to it. For example a way they control things is with rules, regulations and policies. With out those things there would be ciaos. So over all the ethics in General Electric appear to be very good with high standers to keep the company moving and afloat. Overall the manager is just one person who requires the help of their staff to follow through on all of the offices work throughout the day. The biggest tool the management has is to delegate task out to the team so that all parts of the job are completed. By assigning different task to their employees they have the ability to complete more tasks and to see how well an employee handles themselves under the extra responsibility. For example the manager can delegate the task of controller to an individual in one division of the office to see how they handle the job. In the end delegation is another part of the manager’s job in order to complete all task in a timely manner . Understanding the principles and basic functions builds a strong foundation for any manager and company. So looking back you will see that following the basic principles and functions of management will help to build a strong career. By looking at growth of a company like General Electric you will also find that the benefits of a solid manager will build a company that will last the test of time. One can only hope by attaining the knowledge they can succeed the same way. Reference: Auchard E. , (2008). Globalization is a Tough Sell, GE’s Immelt Says. Reuters. com. Retrieved April 27, 2008, from reuters. com/article/ousiv/idUSN0620856720070708? pageNumber=2virtualBrandChannel=0sp=true Byrne J. A. , (1996). Strategic Planning. BusinessWeek. com. Retrieved April 25, 2008, from businessweek. com/1996/35/b34901. htm General Electric Company, 2008, Leadership, retrieved April 27, 2008, from ge. com/company/leadership/index. tml General Electric News, 2008, Shades of Green, retrieved April 27, 2008, from geoilandgas. com/businesses/ge_oilandgas/en/newsletter/geog_enews_feb08_022908/ecomagination. html General Electric. (2008). Heritage of Research: Our History: Our Company. Retrieved April 28, 2008, from ge. com/company/history/research. html General Electric. (2008). GE Energy DLN 2. 6+ Combustion System. Retrieved April 28, 2008, from gepower. com/prod_serv/serv_for/g as_steam_turbines/en/cmus/dln26. htm General Electric. (2008). GE Worldwide Activities: Climate Change, Olympics, USCAP. Retrieved April 28, 2008, from ge. com/company/worldwide_activities/index. html General Electric. (2008). GE Jeffrey R. Immelt: CEO, Chairman, Career, Biography, Profile. Retrieved April 28, 2008, from ge. com/company/leadership/ceo. html General Electric. (2008). GE Leadership: CEO, Executives, Management, Board of Directors. Retrieved April 28, 2008, from ge. com/company/leadership/index. html General Electric. (2008). GE Governance: Principles, Succession, Leadership, Management. Retrieved April 28, 2008, from ge. com/company/governance/principles/index. html

Apple App Store VS. Google Play: The Security Showdown Essay example

Some of the topics that will be discussed and compared and contrasted between the two application (app) stores are, developer registration, application code signing, and the application vetting process. Let it be reiterated that these security controls apply to just the app stores themselves and not to the overall security and the security controls that are also available as part of the device and its operating system. These are the precautions that are taken by the companies w... ... Painter, M. (2012). HP – Top three mobile application threats. Retrieved from: http://www.informationweek.com/whitepaper/download/showPDF?articleID=191738558site_id=profileCreated= Sabatini, M. (2012). Google Play (Android Market) vs Apple App Store – 2012. Retrieved from: http://www.androidauthority.com/google-play-vs-apple-app-store-2012-76566/ Signing Your Applications. (2014). Retrieved February 11, 2014 from http://developer.android.com/tools/publishing/app-signing.html Svajcer, V. (2012). When Malware Goes Mobile: Causes, Outcomes and Cures. Retrieved from: http://www.sophos.com/en-us/medialibrary/Gated%20Assets/white%20papers/Sophos_Malware_Goes_Mobile.pdf Symantec Corporation (2013). Internet Security Threat Report 2013. Retrieved from: http://www.symantec.com/content/en/us/enterprise/other_resources/b-istr_main_report_v18_2012_21291018.en-us.pdf

McDonalds Essay Example | Topics and Well Written Essays - 2250 words

McDonalds - Essay Example Subsequent initiatives included a breakfast menu available nationwide, with the introduction of the Egg McMuffin in 1973. Ronald McDonald was first seen in a television appearance in 1963, and has since become the ubiquitous company representative and also ambassador of charity involvement in the form of Ronald McDonald House, which was established in 1974 as a key element of the company's philanthropic community involvement. The Happy Meal was introduced in 1979, which pioneered the promotional concept of marketing to children by giving away toys and games with meal purchases. This concept has since been adopted by all major burger chains, and has evolved into a significant promotional and tie-in tool for partnerships with major entertainment companies and events. Having created the promotional toy tool with the introduction of Happy Meals in 1976, McDonald's is the leader in toy-based promotions in both foodservice and across all industries. (www.datamonitor.com) McDonald's suffered from a series of strategic blunders and a deteriorating public image in the mid-1990s. These slips included the launch of the low-fat McLean Deluxe sandwich, which was very poorly received, and the launch of the adult-targeted Arch Deluxe sandwich, which did not win consumer acceptance, whilst operating margins were negatively impacted by heavy couponing; The Campaign 55 promotion, a US$0.55 sandwich offer subject to a variety of confusing conditions, proved too difficult and was pulled. In an attempt to find growth opportunities outside of the saturated burgers segment, McDonald's took a step towards diversification in 1998, when it purchased Latin American fast food chain Chipotle, and then in 1999 with the acquisition of Ohio-based pizza chain Donato's Pizza. In the same year, the company announced its intention to purchase the bankrupt Boston Market chain of restaurants that specialized in meal replacement and limited FSR. The sale was approved in 2000, and constituted McDonald's first major acquisition outside of its QSR stronghold. In response to continuing criticism regarding its foods' nutritional content and to broaden its appeal to health conscious consumers, McDonald's has added a variety of healthier meal options, including premium salads and fresh fruit. The company discontinued its "supersize" menu items in 2004, and in 2006, McDonald's was the first fast food restaurant to post nutritional information on the packaging of each of its food items. The new packaging will use bar charts and icons to detail five basic nutritional elements - calories, protein, fat, carbohydrates and sodium. Competitive Positioning McDonald's is by far the leading fast food burger chain in the US, with nearly a 45% market share in foodservice. The company does, however, face strong competition, like other foodservice operators, but its ever growing market penetration, new product innovation and strong advertising backing helped the company see a consecutive value share increase between 2000 and 2005. The reach of the McDonald's brand has posed growth challenges in recent years, as saturation presents limits to opportunities for unit growth in the US, the company's main market. The company initially turned to a strategy of diversification, evident in its acquisitions of Chipotle

Steve Jobs the founder of Apple entrepreneurial venture Research Paper

Steve Jobs the founder of Apple entrepreneurial venture - Research Paper Example In the concluding section, the key aspects that have helped Steve Jobs to achieve success will be reflected. Traditional Entrepreneurial Path An entrepreneur can be described as a person, who undertakes the probable risks that can arise in order to organize, manage and develop a business. In the present day context, an entrepreneur is recognized as a developer or an innovator who generally recognizes as well as seizes opportunities and translates those opportunities to marketable as well as workable ideas (Kuratko, D. F. & Hodgetts, R. M., â€Å"Entrepreneurship: Theory, Process, and Practice†). A traditional entrepreneur intends to make the undertaken business venture successful. The path that generally is followed by an entrepreneur in traditional process of entrepreneurship are converging on an idea of business, preparing a business plan, business formation, growth and exit strategies identification and going public with the business venture (Silver, â€Å"Stages of Entrep reneurship†). In traditional entrepreneurial path, the virtues possessed by an entrepreneur include ingenuity, diligence, ambition, tenacity, perseverance and self-discipline. These virtues guide in the endeavor of building a financially stable as well as successful business venture (Belmont University, â€Å"The Good Entrepreneur†) In the inception stage, the idea of business is conceived which is then analyzed in the traditional path in terms of feasibility of the business idea from financial viewpoint as well as other crucial aspects such as availability of the sources for funding. The sources of funding can be from two aspects i.e. financial bootstrapping method where acceptance of financial resources are avoided from any external source of investor and in the other aspect, traditional sources of finance are sought e.g. venture capital investors, hedge funds, crowd funding to start-up the entrepreneurial venture. The financial aspects such as analysis of ratio, capi tal budgeting which includes payback method, net-present value, internal rate of return analysis and break-even analysis are part of the traditional method of entrepreneurship (Kuratko, D. F. & Hodgetts, R. M., â€Å"Entrepreneurship: Theory, Process, and Practice†). Path Followed By Entrepreneur Steve Jobs The endeavor of Steve Jobs, the entrepreneur, can be comprehended from his saying that â€Å"We started out to get a computer in the hands of everyday people, and we succeeded beyond our wildest dreams† (Entrepreneur Media, Inc, â€Å"Steve Jobs The Comeback Kid†). Steve Jobs’ vision had been to develop a â€Å"computer for the rest of us†. This endeavor sparked a PC revolution and turned Apple into an American business icon. The business plan of entrepreneur Steve Jobs was conceived from the endeavor of Steve Wozniak, who was an engineer and as part of his hobby, was trying his best to construct a small computer. Visionary Steve Jobs with his e ntrepreneurial traits convinced Steve Wozniak to be a partner in his venture. Steve Jobs had grasped the potential of the business with a computer in the initial phase. In the business formation stage, they started on their business named as Apple, in Steve Jobs’ parental garage and started working towards developing a prototype called Apple I. They generated funding for their business by selling Apple I, which

education Essay -- essays research papers

Rather than emphasizing on maintaining discipline in a classroom, classroom management would be more appropriate for an effective teacher. Discipline has two significant limitations such that discipline highlights the individual rather than the classroom and secondly it connotes negative behavior (352). Whereas classroom management is broadly defined as â€Å"all of those positive behaviors and decisions a teacher makes to facilitate the learning process of their students† also reiterating all of those â€Å"activities necessary to create and maintain an orderly learning environment† (352). The reason why creating an effective classroom management plan is essential is to create a positive and productive learning environment, be able to work and communicate with the students, â€Å"reduce the incidents of misbehavior† while maintaining student interest, motivation, and involvement.   Ã‚  Ã‚  Ã‚  Ã‚  Everyone classroom is diverse since not one person is the same. Keeping this concept in mind, it is important to understand that everyone, primarily the students, have different cultural beliefs, values and attitudes. Some students may also come from a single parent home or may have their family going through a divorce. By understanding each student and their various cultural diversities, it will help the effective teacher produce a stronger level of communication with their students and encourage a productive learning environment. It is important to acknowledge each students differences and not ignore their needs outside the academic setting.   Ã‚  Ã‚  Ã‚  Ã‚  With the focus of creating an effective classroom management plan, it is essential to define rules and implement them so they may be clearly and easily understood. While establishing rules it is important to remember that the goal is â€Å"to establish and maintain an effective learning environment† (361). While developing rules for the classroom, it is best that the list of rules be few yet clear and concise. â€Å"It is also important to involve the students in the development of these rules; this not only facilitates their understanding and ownership but also cultivates their sense of power and self-esteem† (362). The effective teacher will realize that by including students into the decision making process of their own classroom management, they are encouraging a more productive learning environment. ... ...ively enthusiastic in a classroom is important to engage student motivation. This can be implemented by showing interest in the subject matter being discussed and the teacher’s enthusiasm should reflect onto the students’. Organization is important to be developed in the classroom so that the students may carry the organizational skills outside the classroom and through out the rest of their lives. This can be implemented by having the students organize their desks at the end of every week and having a binder/notebook of their work shown to the teacher periodically which is organized according to the rules the teacher has established. Following through the rules is also important for the children because it is necessary that they have a consistent environment. The rules may be positively reinforced but this must be consistently done. It is a teacher’s role to have patience and with that the students will benefit the most. Finally, rules shall be implemented w ith respect, courtesy and listening on both ends of the spectrum. By showing the student that you, the teacher, has these qualities, they will realize that these are crucial in the proper development of a well-rounded student.

A Case Study on Schizophrenia and Delusional Disorders in the Film A Beautiful Mind

The John Forbes Nash, Jr. biopic A Beautiful Mind (2001) detailed the dramatic rise and fall of the celebrated Nobel Prize winner and mathematician as he battled the debilitating effects of schizophrenia to eventually attain international acclaim.Schizophrenia, a mental disorder characterized by an inability to perceive reality, affects roughly one percent of the human population. In the film, John Nash’s disorder is depicted through a series of delusions that eventually leads to a downward spiral which almost incapacitates Nash. It also showed the various treatments Nash had to undergo in his fight to overcome schizophrenia.Symptoms and DiagnosisWhile schizophrenia is usually experienced by people in their adolescence, just â€Å"as they are about to spread their wings† – as Nasar said in the New York Times – Nash â€Å"was struck when he had already begun to soar† (Lautin, 2001, http://www.dailyprincetonian.com/archives/2001/02/27/page3/). John Na sh began to visibly exhibit the symptoms of schizophrenia in 1958 when he was approximately 30 years old. When Nash’s mental disturbances began, he was working at the Massachusetts Institute of Technology and his wife Alicia was pregnant with their son.During this time, he began having delusions – he believed that he could see encrypted messages in newspaper articles, and often missed classes and lectures, so absorbed was he in his quest to decode the newspapers. Soon after, his delusions escalated and he began to think that he was being recruited into a secret code-breaking unit of the military.Once, he disrupted a lecture by announcing to his students that he would appear on the cover of a magazine masquerading as the pope. He also believed that spies were trying to reach him through the New York Times. He also refused an offer from the University of Chicago, believing that he was about to be appointed as the Emperor of Antarctica.Nonetheless, the film showed that th roughout Nash’s stay at Princeton, from 1945 to 1949, he was already having delusions. While at Princeton, he believed that he had a roommate, whereas records show that he had lived alone. He also believed in the existence of his roommate’s young niece, a little girl that sometimes accompanied his roommate.As a consequence of his growing schizophrenia, Nash was forced to resign from MIT, and was practically incapacitated for the following two decades. In 1959, Nash began to become increasingly paranoid, forcing his wife to admit him into the McLean Hospital where he was treated with chlorpromazine injections.The McLean Hospital is a private psychiatric institution which employs treatments such as counseling, psychoanalysis, and group and family therapy. There he was placed under observation for 50 days and was eventually diagnosed with â€Å"paranoid schizophrenia and mild depression with low self-esteem† (Wikipedia, 2006, http://en.wikipedia.org/wiki/John_Forbe s_Nash#Schizophrenia).A Beautiful Mind portrayed John Nash’s disorder as a succession of visual hallucinations: the roommate in Princeton, the roommate’s niece, the operatives that recruited him into a covert code-breaking mission, the encoded messages in newspaper clippings, and the spies that pursued him.Bu the symptoms of Nash’s disorder that were depicted in the film are misleading and inaccurate. If these symptoms were exhibited by someone in real life, the physician might suspect that the patient is merely suffering from the effects of a drug or he might send the patient for an MRI to assess the presence of a brain tumor. Hallucinations and â€Å"split personalities† are not always indicative of schizophrenia. The version of the disorder portrayed in A Beautiful Mind does not reflect what actually occurs in real life.

Descartes Meditations On First Philosophy - 1079 Words

Throughout Descartes’ Meditations on First Philosophy, Descartes argues for the ideas and philosophical beliefs behind skepticism. In his writings, he describes the fallibility and importance of the body of man and through extension the senses with which we observe the world. This paper will first show that within Descartes’ writings the body is an extension of the mind. Secondly, this paper will prove that the senses are a false form of understanding which leads to the deception of the mind. Finally, this paper will address the inconsistency that arises from these definitions of Descartes, specifically the incompatibility of a completely independent mind and a body dependent upon that mind. Within the second meditation, Descartes arrives on the subject of what a body truly is. It is important to point out that Descartes is not arguing for what we consider our body to be, that is, our hands, feet, torso, and all other parts of our physical being, but what a body is in t he general sense, or what it means to have a body. For this, Descartes takes the example of a piece of wax and attempts to determine what the body of this wax is. He first defines it as the various properties that the piece of wax seems to hold in its present state. It has particular tastes, smells, textures, a particular shape, and a specific color. Descartes progresses further in the investigation of the body of the wax by changing these characteristics. He melts the wax until it is disfigured and itsShow MoreRelatedDescartes Meditations On First Philosophy807 Words   |  4 PagesConner Ruhl Professor Copley Philosophy 1000C 4 May 2015 Descartes, Meditations on First Philosophy Rene Descartes was the first great philosopher of the modern era, He had a new approach which was focused on scientific and mathematical truths. Descartes came to reject the scholastic tradition, one of which he was educated, due to his pursuit of mathematical and scientific truth. Much of Descartes work was done to secure advancement of human knowledge through the use of the natural sciencesRead MoreDescartes Meditations On First Philosophy1318 Words   |  6 PagesPhilosophical Questions November 2, 2017 Cogito Ergo Sum Descartes Meditations on First Philosophy and his questioning of our existence in reality is a question which philosophers have tackled throughout time. 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