The paper "General Electric Company: IHRM Analysis" is a great example of a case study on management. The analysis of international human resource management practices is truly a complex approach. The success of this analysis lies in the effectiveness of tools of study used in the research. It also relies upon the success of the choice of methodologies in the study. This is in relation to either theoretical or empirical approaches. Similarly, enough information must be gathered in relation to the company under study. In this particular case, the focus is on the human resource department of the company.
Therefore, all practices of the company in relation to international human resource practices will have to be analyzed. The focus is to get the practices of the company that cannot only be identified and analyzed but also put on a scale with other practices elsewhere. In achieving this, the effectiveness of these practices will be of great importance. At the same time, looking at some of the challenges the human resource department and the company, in general, have faced in relation to these practices may also be very profitable.
In our case, the focus is on the General Electric Company. More details extending to the mission, vision will also be analyzed in the light of drawing reliable conclusions Background of the Company Contribution of Founder Thomas Edison to the Success of the Company The success of General Electric Company is majorly accredited to its founder, Mr. Thomas Elva Edison. It began its operations in 1890. By that time, the only competition the company faced was from Thomson-Houston Company led by Charles Coffin. The two companies continued growing together.
They kept on exchanging ideas until it came a time when the two founders saw it fit to merge. This took place in 1892 and after the two companies combined is when the name General Electrical was given. Edison made significant inventions that formed the core products around which the company is built. These included lighting, industrial products, power transmission systems, medical appliances, etc. The company was involved in the search for the first engine booster. In 1930, General Electric launched the plastics department. The growth of General Electric has been overwhelming from then.
Their portfolio management has been outstanding over the years and it has contributed immensely to its success. They have diversified their innovations to make sure they fully tap into the mass of opportunities around them.
Briscoe, D., Schuler, R. & Claus, L.(2008). International Human Resource Management (Global HMR). New York: Routledge.
Dowling, J.P., Festing, M. & Engle, A.(2007). International Human Resource Management: Managing People in a Multinational Context. London: South-Western College Pub.
Garg, A, Sharma, A & Pandey, M.R. (2010). Emerging Trends of Human Resource Management. Lachoo Management Journal 1(1), 1-53.
Harzings, A.K., & Ruysseveldt, J.(2003). International Human Resource Management. California: Sage Publications.
Linebaugh, K.(2012). General Electric Feels Its Own Cuts. Wall Street Journal, 23(4), p5-11.
Linebaugh, K.(2012). General Electric Weighs Cuts to Lending Unit. Wall Street Journal, 17(6), p23-19.
Mathis, R.L & Jackson, J.H. (2010). Human Resource Management, 13th Ed. Mason: South- western Cengage Learning.
Ruona, E.A. (2012). Insights on Emerging Trends and Future of Human Resource Development. Sage Journal 14(3), 33-37.
Snell, S.A & Bohlander, G. (2012). Managing Human Resources. Mason: South-western Cengage Learning.