Strategic Management - GE Essay Example | Topics and Well Written Essays - 500 words

Strategic Management - GE - Essay Example However, the company has been faced by law suits and product recalls that affect customer confidence (About Sustainability at the BSR Conference, 2008). GE aims at selecting suppliers with more competitive prices, services, and quality and provides relevant training (Immelt, Govindarajan & Trimble, 2009). In order to remain competitive, GE requires the suppliers to have quality service, and to keep up with the latest technologies. On the other hand, supplier may use take advantage of these requirements their products. The buyers can also influence the profitability of existing enterprises through their ability to lower or increase prices on the products or service. Since GE is the leader in most industries, the bargaining power of the buyers is restricted due to the company great control (Zimmerman, 2010). Even though GE has diversified in various businesses, however, GE has a competitive advantage over other firms due to innovation. The entry barrier in the high-tech industries for new entrants is very high. Thus, it decreases the threats of a new firm, for this reason, risk of replacement is also lower Immelt Talks. Jeff Immelt oriented leadership has changed the internal environment of GE with a lot of positive feedback from the staff (Kenny, 2009). His approach is based on long-term profit growth. This strategy utilizes three stakeholders’ strategic elements such as managing strong trading patterns, increasing growth efforts, and increasing business portfolio (Kaye &Yuwono, 2003). This strategy is based on several factors including customer focus, globalization, growth platforms, technical leadership, and services. GE has currently diversified in various segments including aviation, energy infrastructure, transportation, home and business appliances, healthcare, and GE capital. Diversification has allowed the company to have stock for the long-term. Each of GEs segment provides valuable solutions as well as products to the global economy

Lady in the Water Essay Example | Topics and Well Written Essays - 1750 words

Lady in the Water - Essay Example From the essay "Lady in the Water" it is clear that this film is the story which was a spontaneous and unplanned story told by the writer and director of this film, M. Night Shyamalan to his children. But when this kids’ story came in form of the film, it has not become a mere kids’ story. It was because some of the scenes shown in the film are not suitable for kids. Fairy tales can work effectively on pages as well as on screen. They take you in the world of fantasy and imagination. â€Å"Lady in the Water† also has the same attributes. It is a complex and fantasy-filled bedtime story. It is the story based on the current situation. The story conveys the message to the adults who have lost their capacity for deep thinking due to materialism and excess of individualism. According to the writer, we have lost our capacity of deep listening. Today we are surrounded by the bogus stories which are actually far away from reality, especially on television. These stories contain a certain amount of violence, and horror as well as humor. But the real purpose of the bedtime story cannot be attained in television programs. According to Christian Hamaker, "The film is often inspirational, contemplating the worth of humankind, showing how those who are emotionally deadened can be reawakened by a power beyond themselves, and demonstrating how the bonds of a loosely knit community can be strengthened in a common cause. †¦ Although not quite on par with some of the director's earlier work, Lady has its rewards." (Christian Hamaker, July 20, 2006). The power for cherishing goodness by defeating the evil things is there in every human being. Once it gets awakened, the evil has to be defeated. Every human and every living and non living thing on the earth have occupied with divine soul. But unfortunately the materialism of life has made us to forget the divine qualities in us. The water in the film is associated with purity so as the aquatic creature. Again here there is an essence of Hindu theology of incarnation of Lord Vishnu. In the troublesome period, to save the mankind, Lord Vishnu, one of the prim e Hindu Gods incarnate himself and became a fish. This incarnation is known as Matsya (Fish). In this film also Story comes from water to assist mankind. Thus the water is associated with purity, sacredness, innocence while the land is associated