Organizing Paper
Essay Preview: Organizing Paper
Report this essay
Organizing is assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals. (Bateman, 20) General Electric has developed a great system of organizing their massive company into different areas that create an excellent set of checks and balances. GE has made great advancements in being able to manage their human resources and physical assets since the start of the company.
GE asses advances in human resources by providing meetings and planning for their managers. GE has a four-day program for their managers called Leadership, Innovation, and Growth. (LIG) It was the first time, in 2006, that every one of the senior managers were brought together to come up with new ideas. The company felt that they needed to bring everyone together to try to stay ahead of the competition. There were a few factors that helped the managers in their meetings. Team training sped up the rate at which the managers could change or come to an agreement on how to solve an issue. Managers were asked to look at hard barriers (organizational structure, capabilities, and resources) as well as soft barriers (how the members of the management team individually and collectively behave and spend their time). The challenge of balancing long and short term goals, as a manager, is addressed directly. The company provides new ideas of how leaders should look at their issues and how they should talk about these issues. This program has been developed so people would not just learn, but would be able to create a new consultant team to come to their solutions more quickly and efficiently. All these ideas were put in place so that the company could evolve more quickly. (How GE, 2009)
The LIG was put into place so GE could step ahead of the competition. GE wanted its managers to be constantly looking for new ideas and to make inspirational strategic visions that would be able to convince their employees to do what was necessary. GE wanted new ideas and growth to be a huge part of everyday leadership in the managers. They did not want the managers to look at the individual numbers, structures, resources, capabilities, and deployment of resources. They wanted the managers to look at how everyone is individually and collectively led. (How GE, 2009)
The best way to stay ahead of the competition is to be able to see the trends before they happen. This can be done by being able to see around the corner, and predict what the market is going to do before it does it. Being able to see future trends of the market can help you stay on top. Organizing your disposable assets to spend towards growth is an excellent way to stay ahead.
GE has structured their plans so they can restructure the infrastructure of their business. Rebuilding the company from the inside out is a good way to get rid of unnecessary expenses and costs. Having the proper management structure is an essential key and having a business that can run smoothly. The ideals of the leaders trickle down to their employees, if everything is set up properly.
An increase in productivity or growth is essential to a companies success. Measures must be taken to rearrange the company so more jobs can be done. Productivity means finding the balance between spending the least amount of money combined with getting the most amount of work done. This can also be known as efficiency. Creating more product or services in the least amount of time will help your company grow over the years. Synergy within the company is essential because everyone will start to work as one cohesive unit to get the job done.
GE has come up with many techniques that help manage and organize their physical assets. Managing the physical assets of a company is