General Electric (GE) -Research

by | May 19, 2020 | Research

General Electric (GE) is an iconic American company. GE is one of the most recognizable businesses around the world. It’s one the largest business conglomerates in the world, making products ranging from kitchen appliances to aircraft engine. “GE was founded in 1892 with the merger of the Edison Electric Company and the Thomson-Houston Company. From its origins, GE was a broadly diversified company, with early businesses including lighting, power transformers and a wide variety of electrical components for industrial, commercial and residential use” (Ocasio, Joseph, 2008). General Electric had been celebrated as one of the most efficiently managed corporation around the world. “In 2001, GE was named Fortune’s “Most Admired Company” for the fifth year in a row and was named The World’s Most Respected Company by the Financial Times for the fourth time” (Cushman, King, & Smith, 2003, page 5). General Electric performance was at some point almost without antecedent.

General Electric had been the darling of Wall Street investors for decades due to its stock performance year after year. At times, it seemed like that General Electric could do no wrong. However, in recent years, General Electric has been going through a painful decline that has threaten the existence of the company.

General Electric faces three major obstacles. Firstly, General Electric has a level of debt that is unsustainable resulting from last decade’s subprime mortgage debacle.

In the early 1990, General Electric took advantage of consumer easy access to credit to leverage their production capacity and increase their profit margin exponentially for the decades that had followed. Thanks to the deregulation of the financial service industry in 1990, General Electric entered the lucrative consumer finance credit including the mortgage market. That was an aggressive and risky move for even a company as big as GE.

Secondly, despite some recent efforts to reduce costs, General Electric’s costs average is higher than that of its competitors. General was one of the first if not the first multinational cooperation. General Electric was global before globalization has become ubiquitous but being global does not come cheap. It has its downside risk.

Thirdly, General Electric has a management succession legacy since the retirement of the legendary Jack Welsh, who was one of the most celebrated CEO in American business history and who managed GE for twenty years, that continues to hunt it.

General Electric will eventually return to its roots, which is effective and strategic management, but it will not happen without a radical shift in the company strategic planning.

References

Cushman, D. P., King, S. S., & Smith, T. J. (2003). Communication best practices at dell, General Electric, Microsoft, and Monsanto. Retrieved from https://ebookcentral-proquest-com.contentproxy.pho…

GE Warns of Another Year of Falling Profits. (2020, March 14). Retrieved May 21, 2020, from https://finance.yahoo.com/m/d829f007-a387-3643-847…

Mounier-Kuhn, P. (2014). FROM GENERAL ELECTRIC TO BULL: A CASE OF MANAGERIAL KNOWLEDGE TRANSFER (1956-1970). Entreprises Et Histoire, (75), 42-56,4,140-141. Retrieved from http://ezproxy.liberty.edu/login?url=https://searc…

Ocasio, W., & Joseph, J. (2008). Rise and fall–or transformation? The evolution of strategic planning at the General Electric Company, 1940-2006. Long Range Planning., 41(3).

Research Paper Instructions

This paper will require you to apply organizational theories, concepts, and perspectives from the module readings to your approved organization

Guidelines

Define your approved organization as you wish in terms of the whole or of the part that is most relevant. In 1-2 pages, provide a description of two to three problems identified. Your description need not be elaborate, but should provide enough information to enable someone unfamiliar with the organizational issues to understand the essentials. This portion should be just the facts, a description, not an analysis of the key events. If using a personal workplace, feel free to disguise names of people and the organization if you desire.

After you have set the foundation, apply theories learned from the course to analyze your chosen organization and its identified problems. Utilizing the three perspectives, ensure clarity is evident on areas of which system, organizational environment, and changes as part of your analysis.

Lastly, provide a personal perspective that discusses what you would implement to address the problems to move the organization forward as part of the evolving changes for organizations today.

Sample Solution

Sample solution

Dante Alighieri played a critical role in the literature world through his poem Divine Comedy that was written in the 14th century. The poem contains Inferno, Purgatorio, and Paradiso. The Inferno is a description of the nine circles of torment that are found on the earth. It depicts the realms of the people that have gone against the spiritual values and who, instead, have chosen bestial appetite, violence, or fraud and malice. The nine circles of hell are limbo, lust, gluttony, greed and wrath. Others are heresy, violence, fraud, and treachery. The purpose of this paper is to examine the Dante’s Inferno in the perspective of its portrayal of God’s image and the justification of hell. 

In this epic poem, God is portrayed as a super being guilty of multiple weaknesses including being egotistic, unjust, and hypocritical. Dante, in this poem, depicts God as being more human than divine by challenging God’s omnipotence. Additionally, the manner in which Dante describes Hell is in full contradiction to the morals of God as written in the Bible. When god arranges Hell to flatter Himself, He commits egotism, a sin that is common among human beings (Cheney, 2016). The weakness is depicted in Limbo and on the Gate of Hell where, for instance, God sends those who do not worship Him to Hell. This implies that failure to worship Him is a sin.


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God is also depicted as lacking justice in His actions thus removing the godly image. The injustice is portrayed by the manner in which the sodomites and opportunists are treated. The opportunists are subjected to banner chasing in their lives after death followed by being stung by insects and maggots. They are known to having done neither good nor bad during their lifetimes and, therefore, justice could have demanded that they be granted a neutral punishment having lived a neutral life. The sodomites are also punished unfairly by God when Brunetto Lattini is condemned to hell despite being a good leader (Babor, T. F., McGovern, T., & Robaina, K. (2017). While he commited sodomy, God chooses to ignore all the other good deeds that Brunetto did.

Finally, God is also portrayed as being hypocritical in His actions, a sin that further diminishes His godliness and makes Him more human. A case in point is when God condemns the sin of egotism and goes ahead to commit it repeatedly. Proverbs 29:23 states that “arrogance will bring your downfall, but if you are humble, you will be respected.” When Slattery condemns Dante’s human state as being weak, doubtful, and limited, he is proving God’s hypocrisy because He is also human (Verdicchio, 2015). The actions of God in Hell as portrayed by Dante are inconsistent with the Biblical literature. Both Dante and God are prone to making mistakes, something common among human beings thus making God more human.

To wrap it up, Dante portrays God is more human since He commits the same sins that humans commit: egotism, hypocrisy, and injustice. Hell is justified as being a destination for victims of the mistakes committed by God. The Hell is presented as being a totally different place as compared to what is written about it in the Bible. As a result, reading through the text gives an image of God who is prone to the very mistakes common to humans thus ripping Him off His lofty status of divine and, instead, making Him a mere human. Whether or not Dante did it intentionally is subject to debate but one thing is clear in the poem: the misconstrued notion of God is revealed to future generations.

 

References

Babor, T. F., McGovern, T., & Robaina, K. (2017). Dante’s inferno: Seven deadly sins in scientific publishing and how to avoid them. Addiction Science: A Guide for the Perplexed, 267.

Cheney, L. D. G. (2016). Illustrations for Dante’s Inferno: A Comparative Study of Sandro Botticelli, Giovanni Stradano, and Federico Zuccaro. Cultural and Religious Studies, 4(8), 487.

Verdicchio, M. (2015). Irony and Desire in Dante’s” Inferno” 27. Italica, 285-297.

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