Case Analysis Of Garanti Bank And GE Company

1314 Words6 Pages
Today's organizations position themselves to innovate and change, not only to prosper but merely to survive in a world of increased competition. Because globalization felt deeply and sincerely in all around the world, there are huge environmental forces for companies and they should keep up with this changes via struggling forces. Considering Garanti & GE Case Reports, they can compare and contrast in terms of the way they struggle with environmental forces and its processes in these ways; the change processes of their strategies, environmental and global factors influencing them, relationships with others ( firms, stakeholders, suppliers, media etc. ) and also their effectiveness. First of all, considering strategic type of changes, they are done because companies want strategic advantage over others. Both of Garanti Bank and GE Company made prominent changes on their strategies and methods and…show more content…
Effectiveness is the degree to which an organization achieves its goals. Considering variables in both companies; resource inputs, internal activities and outputs, Garanti is more effective. Because Garanti build totally different culture and strategy, it is more effective to me. It changed its structure, culture. It created its own technology without anything. It overcome bloody processes and it became the best bank in Turkey. It growth remarkably. It was a national bank and became international. It is true that almost similar processes is taken by GE, however Garanti is better to me in terms of effectiveness. Therefore it is more effective to me. Considering both cases, it affected me especially in terms of adaptation. In fact, because in both cases I have witnessed the "fear of loss" as a barrier, I decide to train myself more. Because no one would be educated fully, there will be always something to learn. I afraid as employees in both cases. I will always follow news and adopt
Show More
Related

  • Financial Analysis of General Electric

    98175 Words  | 393 Pages

    GE Works 2011 Annual Report CONTENTS 2 Letter to Shareowners 10 Business Overview 29 Board of Directors 31 Financial Section 142 Corporate Information 2011 SUMMARY CONSOLIDATED REVENUES (In $ billions) 2007 170 NBCU 155 2008 180 163 154 139 150 133 2009 2010 financial and strategic highlights 2011 147 142 22% GROWTH CONTINUES 22% increase in Operating EPS excluding impact of the preferred stock redemption, and 20% rise in Operating earnings. $200B RECORD INDUSTRIAL

    Read More

  • Strategic Analysis of Bank Industry

    10438 Words  | 42 Pages

    growth of any country’s economy. India with its huge populations presents a huge scope for banking industry. State Bank of India is a public sector unit and enjoys the market leader position. HDFC is catching up on the back of its exquisite growth in last decade. And with the relaxation of government control, private players are in a much better position to compete. But both the banks have their own problems SBI has to undertake several government duties which lead to huge labour and high number

    Read More

More about Case Analysis Of Garanti Bank And GE Company

Open Document