Category: General Motors

GM process analysis with Womack and Jones lean thinking principles Lean philosophy is the approach to process improvement that sees the elimination of all types of waste as its primary objective. It can be whether the excess lead time, using the excess amount of inventory or number of workers for producing a unit of the…

Introduction The following essay is concerned with the strategic implementation aspect of organization. The essay examines the strategic implementation of the General Motors Company where I work. The essay determines as to whether it is true that the implementation is the most difficult aspect of strategic management. The main objective of this argument is to…

GMs portfolio of projects with project type matrix and project life cycles Project portfolio is also referred to as the companys aggregate project plan. Its primary purpose is to define whether the organization succeeds in managing all the projects it has. It is made to see whether the company is good at achieving it long-term…

Analysis of the process using the DMAIC Six Sigma Methodologies The Six Sigma approach was designed by Motorola in 1986. The primary objective of the concept was to develop a tool for tallying the process defects and, as the result, improving business operations. The foundations of the approach are the customer needs, statistical analysis of…

Supply chain management can become another tool for improving the companys performance. It is especially advantageous in the case of financial activities, as it has been proved that the companies that learned to exploit it effectively as well increased their revenues, became more competitive, and gained more customers. The concept of supply chain refers to…

Table of Contents Return on Equity (ROE) Return on Assets (ROA) Profit Margin Asset Turnover Equity Multiplier (EM) Return on Equity (ROE) Return on equity, also known as ROE, is a measure of a companys financial performance that is determined by dividing net revenue by the total amount of stock owned by stakeholders. ROE is…

Table of Contents Introduction Effectiveness of GMs Leadership Competitive Advantage and Potential Challenges Recommendable Growth Strategies Conclusion References Introduction The history of General Motors (GM) is characterized by periods of growth, stagnation, bankruptcy, and renewal. Between 2000 and 2014, GM encountered one of its worst moments when several recalls were reported. The corporation recorded unprecedented…

Operational effectiveness, in general, refers to the way an organization sees the importance of operations in achieving strategic objectives and economic success. There are four stages of operational effectiveness, i.e. coming to a realization that processes are the key to high levels of performance and competitiveness. Organizations in stage 1 are known as internally neutral.…

Table of Contents Introduction Background Summary Theoretical Analysis Conclusion and Recommendation References Introduction There are a number of actions that a manager can take to achieve certain goals and objectives. The process by which people choose the cause of action they need to take from a number of other alternatives is called decision making. This…

GMs use of forecasting and the way it drives the capacity planning strategy Forecasting is necessary for generating the strategy and the plan for carrying it out because it is close to impossible to design the companys development plan without trying to figure out the future prospects. The company might want to estimate the possible…