GE Global Coursework Example | Topics and Well Written Essays - 1750 words

GE Global - Coursework Example Though, the competitive advantage is tangible and many aspects of competitive advantage can be evaluated easily. In addition, competitive edge is the most important gauge for a business environment. Moreover, it is a significant aspect to maintain and achieve organizational success (Pietersen, 2012; Turban, Leidner, McLean, & Wetherbe, 2005). This paper outlines some of the major areas and aspects of GE Global Research Corporation for the assessment of its innovative capabilities. This paper also discusses that how this organization can achieve distinctive competence in the area of innovation. The basic aim of this research is to determine â€Å"how the company has bundled its technology resources to contribute to competitive advantage in its businesses. GE Global Research: An Overview GE Global Research is one of the world leading industrial research and analytical centers, which offers ground-breaking technology for all GE’s businesses. ... n is located in Niskayuna and New York along with three other corporate management and organizing multidisciplinary facilities in Shanghai (China), Bangalore (India) and Munich (Germany). Moreover, more than 2800 researchers are working at GE Global Research Corporation, with the purpose of bringing the next technological advancements that will transform the environment of GE businesses. Furthermore, GE Global Research Corporation possess a wide-ranging set of technology expertise varying from biosciences to computing, electronics to chemistry, materials to imaging, metallurgy to fluid mechanics and everything in between (General Electric Company, 2012). GE’s Deployment of Resources Attaining a competitive edge over other competitors and distinctive position in market and improving corporate performance in relation to their competitors are the major objectives that GE business especially wants to achieve. In this scenario, the competitive edge is an idea that turns out to be a main research area as far as strategic management is concerned. In order to strive successfully, organizational polices either locally or globally and standards must meet a long run policy as compared to policy formulation for a short term. Although this task is not simple to perform, in fact it requires ample efficiency, detailed overview or regulations and comprehensive analysis of policies. Thus, in an attempt to compete and maintain effectively, locally and internationally, GE businesses should not simply do extremely well in their area but as well continue in the long run. However, the accomplishment of such a â€Å"ground breaking and sustainable competitive advantage† and market position is not a possible without an appropriate road map or policy implementation. In addition, the