Case 2: How GE Manages to Do ItSummary
GE is one of the profitable organizations around the world. The firm uses management theory that involves use of mathematical modelling and management science theory. This has enabled the organization to come up with new inventions that have allowed it to remain above its peers. Use of behavioral management has enabled the firm to train and develop loyal and dedicated employees.
GE has been at the forefront in developing modern methods of management. The ideas of management developed by GE incorporate human resource management, strategic management, and operations management. In the case of operation management, GE established a Six Sigma quality initiative as well as Work