Fianl report Essay Example | Topics and Well Written Essays - 1250 words

Fianl report - Essay Example GE discourages this approach by developing research based culture which promotes the employees to provide their input in the programs of continuous improvement. General Electric, commonly known as GE, is a US based company. It is well known for its wide range of specialized products and services. These products include aircraft engines, home appliance like dyers, washers, cook-tops, and many other devices that are used in healthcare facilities (GE.com). All these products and services are based on top notch technologies. The business of GE is spread in more than 160 countries of the world. China, India, Japan, Taiwan, Pakistan, South Korea, Indonesia, Malaysia, Cambodia, Singapore, Vietnam, Singapore, Thailand, Philippines, New Zealand and Australia are only a few names. GE is present in many European, African and American countries as well (GE.com). The total task force of GE consists of 36,000 employees. GE calls them technologists instead of employees. This term does not only reflect technology orientation of GE but also gives employees a commitment with technology. It recruits people from all over the world ensuring the best return of their talent. The strategy of valuing its employees pays GE fairly well both in short and long term. Operations management is generally defined as the management of processes converting input into output. This basic definition contains vast meaning and many organizational functions are covered in this domain. The classical Economics theories identified land, labor and capital as inputs or factors of production and the output was the core product. The contemporary management literature considers man, money, media and material as inputs to the organizational processes while outputs are categorized as quality and quantity of the product. Operations management is an inevitable function in any organization (Greasley, 3) and it is the core factor determining success or