... loss responsibility, Welch's belief that GE can outperform its competitors if it had outstanding employees. o Maintaining performance driven culture o Concept of boundary less organization and making suppliers and customers business partners o Global diversity o Most importantly six sigma processes * Acknowledging technology as a major driver in the future growth of the company * Importance of customer satisfaction in the organization. * The company is very cash rich. This puts GE in a very strong position, allowing for huge investment in research, acquisitions and training. Its huge bank of resources and size also allow it many benefits such as cost reduction through economies of scale Weaknesses * The company acquires companies and integrates them into the organizational structure. Not all the acquisition are successful and some can eat into the profits of the organization. * The company is now so large, further growth may be restricted in that any further acquisitions must be of sufficiently large companies ...

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