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... HR were a key factor in his strategy of strengthening the assets of GE,: Immelt
aimed at aggregating the engineering talents of GE (to keep a technological ...
Ge?S Growth Strategies: The Immelt Initiative. ... Immelt wanted GE service
to be a critical part of their customer?s operations. ...
GE and Immelt. The ... Previously, Immelt had headed up GE's Medical Systems
division (now GE Healthcare) as its President and CEO. He ...
GE: The Immelt Initative. ... In July 2002 Immelt broke GE Capital down to four separate
businesses making it easier for investors to understand them. ...
... 2008 . Farber, Dan. "GE CEO Jeff Immelt: India, Globalization and the Economics
of Scarcity." ZDNet. 6 July 2007. 21 Feb. 2008 . Francesco Guerrera. ...
Submitted by Johnw on March 1, 2008
Category: Business
Words: 2282 | Pages: 10
Views: 62
Popularity Rank: 90,449
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The General Electric Company, or GE (NYSE: GE) is a multinational American technology and services conglomerate incorporated in the State of New York.[4]. In terms of market capitalization, GE is the world's second largest company and also second in the BrandZ ranking. In the 1960s, aspects of U.S. tax laws and accounting practices led to a rise in the assembly of conglomerates. GE, which was a conglomerate long before the term was coined, is arguably the most successful organization of this type.
Contents
[hide]
* 1 History
o 1.1 Past controversies
* 2 Corporate affairs
o 2.1 CEO
o 2.2 Brand
o 2.3 Businesses
o 2.4 Corporate achievements
o 2.5 Analyst coverage
* 3 Environmental record
* 4 See also
* 5 References
* 6 External links
[edit] History
In 1876, Ohio-born Thomas Edison opened a new laboratory in Menlo Park, New Jersey. Out of the laboratory came arguably the most famous invention of all—a practical incandescent electric lamp. By 1890, Edison had organized his various businesses into the Edison General Electric Company.
In 1879, Elihu Thomson and Edwin J. Houston formed the rival Thomson-Houston Electric Company. It merged with various companies and was later led by Charles A. Coffin, a former shoe manufacturer from Lynn, Massachusetts. Mergers with competitors and the patent rights owned by each company made them dominant in the electrical industry. As businesses expanded, it became increasingly difficult for either company to produce complete electrical installations relying solely on their own technology.
In 1892, these two major companies combined, in a merger arranged by financier J. P. Morgan, to form the General Electric Company, with its headquarters in Schenectady, New York.
In 1896,...
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