general electric
TRANSCRIPT
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GENERAL ELECTRIC
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PRESENTED BY:
Matiullah 3811-FMS/BBA/F13
Mohammad Sajjad 3809-FMS/BBA/F13
Habibullah 3815-FMS/BBA/F13
Ahmad Zia 3816-FMS/BBA/F13
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Layout
Introduction Mission & Vision Gap of GE Focus of GE Strategies of GE Price Mechanism
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Product Family of GE Expanding Value Customer Perceived Value Qualitative Discussion SWOT Analysis of GE Conclusion
CONT…
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INTRODUCTION
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VISION• ‘We bring good things to life’
MISSIONCuriousResourcefulAccountableTeamworkCommittedOpenEnergizing
Always With Unyielding Integrity"
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GAP OF GE
To meet the needs of industries
To promote diversified brand
Do acquisition helped GE?
How GE became a pioneer in B2B Marketing?
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ECOMAGINATION
PROGRESS FOR PEOPLE
IMAGINATION AT WORK
GE: FOCUS
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PRICE MECHANISM
Definition: Price mechanism refers to the system where the forces of demand and supply determine the prices of commodities and the changes therein.
GE used Power of the Hour
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Product FamilyThe company has also evolved into a conglomerate, with an increasing shift from technology to services, and with 11 main operating units:
GE Advanced MaterialsGE Consumer & IndustrialGE EnergyGE Equipment Services, GE HealthcareGE Infrastructure, GE Transportation, NBC Universal (80 percent owned by GE), GE Commercial FinanceGE Consumer Finance; GE Insurance
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STRATEGIES OF GEGrowth Strategy
Product Innovation Strategy
Marketing Mix strategy
Market Development strategy
Diversification Strategy
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EXPANDING VALUE Gain share at higher margins by launching products built on technical and manufacturing innovation
Capitalize on the largest growth market footprint, fueled by best localization capability
Lead the intersection of physical & analytical, software & IT, create a new source of speed & competitiveness
Grow valuable service franchise by extending thebusiness model& driving customer outcomes
Achieve a culture of simplification supported by GE Beliefs & Fast Works
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CUSTOMER PERCEIVED VALUE
Traditional attribute Reliability and Trust
Innovative health care products
GE's renewable energy initiatives
Customer service, finance, information technology and analytics
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QUALITATIVE DISCUSSIONS
The GE must understand the growth potential of each division and how to be no. 1.
The GE must focus on competitors performance.
GE make the smart decision keeping in view of the cultures, values and performance before acquiring and having partnership with other company
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SWOT ANALYSIS
STRENGTHS• Global strength and recognition• Excellent management• Diverse product range
WEAKNESSES • No clear Mission Statement• Company size/ acquisition
restriction• Energy Segment• Pollution• Flexibility
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SWOT ANALYSISOPPORTUNITIES
• Green Technology• Increased geographic growth• Improved customer services THREATS
• Technology Disaster• Exposure to global economy• Competition
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CONCLUSION
GE consists of diversified technology and is a giant is the field of financial services.
GE excels in playing on strengths and capitalizing opportunities.
GE has a set of well planned strategies which lands them amongst one of the most successful global firms.
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