Globalization Influence on General Electric Research Paper - 5

Globalization Influence on General Electric - Research Paper ExampleIdeally, GE relies on its engineers and research scientists for continued growth and wedded that these people are from different backgrounds, then this brings about cultural differences. Due to these cultural differences, then these experts need to be managed in a different manner. However, the perplexity at GE feels that their well-established processes are capable of adopting all these people and make sure that they fit into the organizations processes and hence ensure that it has continued success. However, this has not been the case and the companys shares have been plummeting since the exit of Jack Welch, the companys former CEO who was credited with introducing numerous watchfulness practices that insured success for the organization (Hill, 2010). Since the exit of Welch, the company has tried to come with a one fit all strategy to handle its staff. With the business environment becoming more complex in th e United States, GE has been forced to turn to China where there is a guarantee of constant business for the conglomerate. However, this has not borne many fruits since the management did not try to come up with new management practices but rather adopted its traditional way of doing business in America. This was not genuinely what the management expected (Morrison, 2012). In order to deal with the arising changes in its Chinese firm, GE sacked all the expatriate managers since it felt like they were not performing. Naturally, when GE replaced the expatriate executives, the new ones that they exported also failed to deliver the expected results and it took so long for the company to get on its own feet. However, the Chinese firm has not been successful and in the next few years after inception, it experienced numerous unwarranted expenses that drove up the operating cost significantly.