Category: General Motors

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 Introduction Organizational Modeling Leadership Theory Organizational Culture Insights and Conclusions References Introduction Organizations often change due to internal and external factors, and General Motors (GM) is one such company that has experienced a transformation. Kuppler (2014) describes the corporation as a major automotive manufacturer facing an ignition switch crisis that led 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…

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…

Table of Contents Supply Chain Management Advantages of Inventory Management System Disadvantages References Supply Chain Management Supply chain management is the control of all the processes involved in the production of goods and services to ensure that the end consumers meet their expectation. It starts from the raw material, work in progress, storage, and finally…

Introduction General Motors (GM) is an international motor vehicle company founded and currently based in the United States. Apart from designing and distributing vehicles, the company also owns a number of manufacturing facilities all over the world (GM, 2016). Due to the high competition in the automotive industry and the 2014 risk management failure that…

Introduction The recent global economic conditions have caused a lot of controversy in the business world and affected the global industry leaders in different ways. General Motors Corporation is one of the examples of the negative influence of both improper government policies and global economic recession upon a business company development. Background and History General…