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Strategic Resource Management in Global Environments

In: Business and Management

Submitted By shady325
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Pages 10
Strategic Resource Management in Global Environments

General Electric, or GE, is one of the most innovative companies in the world and leading U.S. manufacturing company that primarily specializes in the Engineering Industry. GE can trace their lineage back to when they were founded in 1892 with Thomas Edison as one of their four founders. In 1896, General Electric was one of the original 12 companies listed on the then newly formed Dow Jones Industrial Average and is the only company out of the 12 to still be listed on the Dow index. GE serves the entire world with operations in more than 140 countries across the globe with over 305,000 employees globally. With products from appliances to oil, GE remains one of the top engineering manufacturing companies in the world. In fact, when looking at the manufacturing industry as a whole, GE operates in three out of five categories as shown in the illustration. This can be contributing directly to their strategic resource management and strength in their intangible assets of their organization. This paper will address GE’s intangible assets and their impacts to their alignment in strategy in four countries of operation to include the U.S., Mexico, France, and Turkey (Fact, 2013; McKinsey, 2012).

Human Capital
Many organizations are now reliant on human capital to ensure their continued success and commitment to achieving the organization’s missions and objectives. For GE, the diversity is what helps drive innovation and success. With operations in over 140 countries and more than 305,000 employees, it is evident in how GE values their human capital all over the world. GE continues to invest over $1 billion a year in employee training, development facilities around the world with 90% of their leaders promoted from within (Fact, 2013; Human, 2013)

United States
General Electric’s headquarters is located in

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