Tuesday, January 7, 2020
Sustainability Lean Manufacturing and Ge Essay - 5800 Words
Global OPERATIONS MANAGEMENT Increasing demand for sustainable supply chainsHow Trend is Affecting Global Company General Electrics (GE) Mentor: Professor Steef van de Velde OneMBA class 2014, Team ââ¬â 6 Basant Singh, UNC Nicole Wachs, UNC Omar Castillo, UNC Jonathan Tamayo, EGADE Eduardo Palma, FGV Sven Kenis, RSM Tessa van lperen, RSM Mentor: Professor Steef van de Velde OneMBA class 2014, Team ââ¬â 6 Basant Singh, UNC Nicole Wachs, UNC Omar Castillo, UNC Jonathan Tamayo, EGADE Eduardo Palma, FGV Sven Kenis, RSM Tessa van lperen, RSM | | Introduction The goal of this report was to learn more about a global companyââ¬â¢s sustainability strategy and understand how it relates to its international operations. Ourâ⬠¦show more contentâ⬠¦Many companies are now transitioning to the sustainability model because this model provides different business opportunities but also helps in possibly reducing the operational cost by introducing LEAN processes as well as may protect business from market and consumer backlash. This is an important reason for sustainability gaining popularity and is the reason for us picking this topic for our research [2]. Selection of General Electric as company and corporation background In order to successfully drive sustainability and improve the triple bottom line, companies have had to rethink their business models and transform their operations, increasing the need for sustainable supply chains. A successful company who has successfully made the shift towards sustainable operations is General Electric (GE). GE has leveraged its operational capabilities and its reach across multiple industries and locations to emerge, as one of the leaders in sustainability strategy and this is the reason to pick GE for this project. We wanted to understand the key global operations initiatives that are enabling GE to develop and grow financially, environmental and socially sustainable operations. We wanted to understand how they drive a coherent and consistent sustainability strategy across theirShow MoreRelatedCeo Of Ge ( General Electric )2039 Words à |à 9 PagesINTRODUCTION: Four days before the events of September 11, 2001, Jeff Immelt was appointed as the new CEO of GE ( General Electric). The change in GEââ¬â¢s association along the simultaneous adjustments in past and communal contexts allocated the multinational firm in a critical locale considering their commercial returns and reputation. 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