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Prestigous status and got set back

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The most cost efficient company

Over the years, GE(General Electrics) was respected as one of the most admired company in America under the leadership by Mr. Jack Welch. One time Dell and Wal-mart tried to take over the prestigous status and got set back.

Fortune: America's most Admired companies 2016 (Top 10)

  1. Apple
  2. Alphabet
  3. Amazo.com
  4. Berkshire Hathaway
  5. Walt Disney
  1. Starbucks
  2. SouthWestern Airlines
  3. FedEx 
  4. Nike
  5. GE

1) In your opinion, which corporation is the most cost efficient, best managed, and most admired company in America nowadays? GE, Proctor Gamble, Johnson & Johnson ,Dell ,Wal-mart or some other , lately Apple? why?

2) One time mighty companies such as IBM, or GM etc have been declining in their powerful staus. What lesson can we learn from those cases? Is it due to complancency problem, fear for change ,lack of hungry spirit, bureaucratic red tape, big is ugly, diseconomy scale or lack of micro management? or you name it.

3) What are your ideas to keep a world class company such as GE or etc. stay at top with continuous success in expanding market share, cost cutting efficiency or prosperous profits? possibly new creative leadership, thinking outside of box, without fear of change, maintaining a hungry spirit to be better? Give your own idea.

Reference no: EM131548378

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