The Largest American Company in the Field of Electricity Essay Example

that has been established by the organization enables every employee to feel part of the organization. Through quality leadership stipulated by the company, employees have been presented with an opportunity to depict their integrity, their responsibility and creativity.

The company offers its employees an opportunity to develop their careers (Cummings & Worley, 2009, pg. 365). The company manages through inclusion strategy a fact makes every individual to feel party of the company especially in decision making. It has been stipulated that the company treats its employees as if they are more crucial than customers a fact that has given the company a powerful tool in competing with its competitors. In this, the corporation applies a resource based model as the organization uses its human resources to give it a very superior performance.

Apart from offering quality services and products, GE has concentrates majorly in leadership. Through effective leadership, the organization has structured by utilizing its core competencies. It is because of quality leadership that the organization has enabled a communication network in the organization that allows interaction to take place both diagonally and vertically. This has made is easy for the sharing of information in the organization between juniors employees and senior employees. In order for the organization to ensure that its management strategies are being passed from one employee to another, the organization has established steps that ensure human resource development. In this, the organization has come with strategies to ensure that its employees have acquired highest skills especially in leadership (Ulrich et al, 2002, pg. 96). Through training, knowledge is transferred from one generation of the organization to another a fact that has enabled the

organization to succeed not only in Singapore but in all the countries where the company operates.

Another factor that has enabled the organization to succeed is the structure that is used by the organization. Unlike other firms that utilize a centralized form of management, GE operates using a decentralized structure. One of the main methods that are in Singapore and that has made the company to succeed in the country is uses of decentralized management. All the company’s segments in Singapore are managed dependently. The strategies that are applied depends on the market, this form of management has enabled the organization to excel in all the markets that it has invested in (Thompson & Martin, 2005, pg. 361).

In addition, the company uses innovativeness in its production of both goods and services. Indeed General Electric has been listed as one of the organizations that use most advanced technology in its operations. The company takes advantage of its strong financial base and resources to produce goods and services that give it a competitive advantage in the micro environment. The organization has greatly invested in technology especially in the resources that it is used utilization a fact that has made the company’s products attractive especially in the market (Thompson & Martin, 2005, pg. 361). This either defined the organization as resource based organization that utilizes its resources to give it competitive advantage over the competitive and ultimately give it high controlling power in the external environment.

As one of the leading organization in the world, the organization adopts dynamism in its operations. In this, the organization applies different strategies with time. One of the factors that make business organizations successful

in their operations is the ability to adapt to different strategies especially with constant changes in technology. This has especially made the organization to navigate in different marketing environments faced with uncertainty. GE has invested resources in development and research a fact that has made the organization to progressively improve on its innovations. It should be realized that an organization that uses innovative methods in the production of goods and services helps portray good image of an organization. An organization like General Electric Corporation that operates in different environments need to explore innovative strategies that help it operate in these environments (Dominguez, 2016, pg. 140). It is because of the innovation that is used in the organization coupling with good leadership that the organization has been successful not only in Singapore but in all its markets.

One other factor that is making the organization successful is the alliances that the organization makes with other businesses. This is has been the strategy that the organization has been using especially in navigating in new environments. Another factor that is making the organization successful in Singapore is its reputation as a market leader. As such, the organization attracts many customers who associate the organization products with quality. Indeed the organization has established strategies to ensure that the products and the services that are produced by the company are of high quality(Dominguez, 2016, pg. 141). This is one of the factors that have made the organization successful in most of its markets. In addition, the organization uses quality machines and equipment; this either stipulates the strategy of the organization to invest more in its resources to give it more power

in the external environment.

In conclusion, GE operates through resource based theory. In this, the organization invests more on resources as a factor that gives the organization a competitive advantage in the external environment. As seen herein, GE has come up with strategies in the management of its resources especially the human resources a fact that gives the organization high power in the external environment.

From the strategic management that is applied by GE that has made it successful in Singapore, I have leant 3 lessons:

1. Human resource is very vital to an organization
2. Effective management of human resources can help give an organization a competitive advantage
3. A company can use macro environment factors to control factor in the micro environment.

References

1. Institute of Southeast Asian Studies. (2012). One degree, many choices: A glimpse into the career choices of the NTI pioneer engineering class of 85. Singapore: Institute of Southeast Asian Studies.
2. Bose, P., & Lyons, L. E. (2010).Cultural critique and the global corporation. Bloomington: Indiana University Press.
3. Cummings, T. G., & Worley, C. G. (2009).Organization development & change. Australia: South-Western/Cengage Learning.
4. Ulrich, D., Kerr, S., Ashkenas, R. N., Burke, D., & Murphy, P. (2002).The GE work-out: How to implement GE's revolutionary method for busting bureaucracy and attacking organizational problems--fast!. New York: McGraw-Hill.
5. Thompson, J. L., & Martin, F. (2005).Strategic management: Awareness and change. London u.a.: Thomson Learning.
6. Dominguez, O. J. (2016). EMS supervisor: Principles and practice.