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The general electric company

   

Added on  2022-08-25

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Running Head : THE GENERAL ELECTRIC COMPANY
The General Electric Company
Name of the Student:
Name of the University:
Author Note:
The general        electric           company_1
THE GENERAL ELECTRIC COMPANY
1
Introduction
One of the world’s most successful corporations of this 20th century is the GE or the
General Electric Company. The company was established with the main purpose of aligning
its work process according to the requirements of the recent pattern of global competitive
business among the different leaders and the decision makers. The leaders require drawing
the sustainable skills framework that will help them to position in a competitive level than the
other similar companies working in the same field.
The various competitive strategies like that of Porter in the year 2008 has stated that it
has a provided with a rich platform to analyze the underlying forces of the level of
competition in any industrial level. Porter’s framework principles are crucial in exposing the
important differences that exist among the industries and helps an organization to analyze the
process by which the industries will evolve and will eventually help the different companies
to find a distinct position, which are referred to as the ‘Five Forces of Porter’.
The General Electric Company of the healthcare services serves as a complete
business unit within the ambit of the organization and they are provided with the different
associated provisions that will lead to a significant transformation in the different medical
technologies that are available and the different form of associated services that will enable
the company to meet with the continuous and the rising demand for bringing access to the
different high quality and the affordable forms of health care services around the world. The
services include those of the medical imaging process , the field of IT and software along
with the patent monitoring techniques to initiate a diagnosis in the field of drugs discovery ,
the different manufacturing technologies that are associated with the biopharmaceutical
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THE GENERAL ELECTRIC COMPANY
2
sector to improve their level of performance in order to improve the required solutions. They
share a clear partnership strategy with the different medical professionals that are assigned
with the task of delivering the best healthcare services to their patients.
This report deals with five different topics. In the first section the topic is introduced
by providing a brief outline of the strategic position that the organization shares in the market
structure that is explained in the next section .The third section of this report aims to
demonstrate and evaluate the resources and the different value systems of the General
Engineering company . The fourth section of this report presents and evaluate the different
resources and the associated value systems of the GE. The fifth part of this report will
highlight a critical analysis of the evaluation and analysis of the fundamental directions in
order to pave the way for strategic growth and to guide it with appropriate recommendations
and a suitable conclusion.
Strategic Positioning of the Healthcare services of GE
After years of its development, there were several companies that have followed the
different innovation strategies for upgrading or improving their products or services that are
delivered in order to align its production to satisfy the changing needs and requirements of
the different clients.
The report published by The Institute of Strategy and Competitiveness in the year
2018 has always highlighted the tool for strategic positioning that will serve as an appropriate
business tool that will be appropriate guarantee the performance level within the particular
industrial field. In the year 1980, Porter presented the model that highlights the generic
strategies of the associated companies that will adopt the appropriate models to experience a
parity with the existing level of the competitors.
The general        electric           company_3

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