This paper deals wirh General Electrics' operation strategy, production and operating procedures, technology and automation, and CQM.
General Electric has been a household name since 1892 when they bought Thompson Electric, Houston Electric, and Edison General Electric Company. Thomas Edison founded his company in 1878 to sell his incandescent light bulb. When GE acquired all the assets from Edison General Electric Company they also enlisted its founder who contributed to GE by allowing them to use his patents and he remained a consultant to the company for many years. (The Editors of Encyclopedia Britannica, 2020)
GE makes a very wide range of products and services. Their consumer products are where a wide range of their products and services occur; however, GE makes most of its sales to the U.S. Department of Defense.
GE has a remarkably diverse product line the market segments they work in are Power, Aviation, Capital, Healthcare, and Renewable Energy. Some of those product categories they make products or services for are: sensor-based measurement and asset condition monitoring, power generation products, renewable energy, and energy services, water & process technologies (Equipment, Chemicals and Services), healthcare technologies and services, mining solutions and services, life science research, pharma manufacturing, and diagnostic imaging, Transportation technology, supplies, and services, lighting solutions and services, aviation engines, components, systems, and services, electricity transmission, distribution, conversion, and consulting, software connected machines and devices, life science research, home appliances, pharma manufacturing, and diagnostic imaging, and transportation technology, supplies, and services.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Operational Strategy
- Production and Operating Procedures
- Technology and Automation
- Quality - Continues Quality Management (CQM)
- Recommended Actions
- References
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper provides a comprehensive overview of General Electric (GE)'s operations, highlighting its operational strategy, production and operating procedures, technology and automation, quality management practices, and recommended actions for future success. The paper aims to shed light on GE's competitive advantage, its diverse product portfolio, and its commitment to innovation and research.
- GE's diverse product portfolio and market segments.
- GE's operational strategy and focus on key growth areas.
- GE's competitive advantage through innovation and research.
- The role of the GE Store in driving competitive advantage.
- GE's commitment to quality management and continuous improvement.
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: This section provides a brief history of GE and introduces its wide range of products and services. It also outlines GE's key business segments and its competitive landscape.
- Operational Strategy: This section examines GE's strategic shift towards focusing on key growth areas such as power, renewable energy, and aviation. It highlights the company's efforts to improve operations, simplify its structure, and reduce debt.
Schlüsselwörter (Keywords)
General Electric, operational strategy, product diversification, innovation, research and development, competitive advantage, quality management, GE Store, power, renewable energy, aviation.
- Quote paper
- Jessica Phillips (Author), 2020, General Electric and their operating procedures. A short portrayal of the current situation, Munich, GRIN Verlag, https://www.grin.com/document/999698
