Ge Case Analysis

Nova Southeastern University

H. Wayne Huizenga School

of Business & Entrepreneurship

Assignment for course: HRM5365– Talent Management

Submitted to: Dr. Eleanor Marschke

Submitted by: Anonymous

Date of Submission: 04/22/2012

Title of Assignment: GE Case Analysis

CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course.

Students’ Signature: Anonymous

******************************************************************************

About General Electric (GE)

General Electric (GE) is a well-known company, operating in more than 100 countries with over 300,000 employees worldwide. GE business ranges from aircraft engines and power generation, to financial services and television programming. GE’s global CEO Jeffrey Immelt takes one month out of the organization each year and travels from business to business to assist in the strategic HR planning process. According to Sam Sheppard, one of GE’s corporate giant,” The aim is to have everybody driving in the same direction with a clear vision of what that business is looking to deliver in that year. Now obviously there might be initiatives and one-off instances that come along. We continually monitor whether it really is delivering the results that we are requiring” (www.GE.com)

The company recorded revenues of $150,211 million in the financial year ended December 2010 (FY2010), a decrease of 3.3% compared to FY2009. The operating profit of the company was $30,191 million in FY2010, an increase of 6.7% over FY2009. The net profit was $11,344 million in FY2010, an increase of 5.8% over FY2009. The company's key products and...