The purpose of the assignment is to identify quality indicators and measurement. The selected company is General Electric, which adheres to extremely high quality standards. To achieve this it applies 6( disciplines to all its operations. In this way it achieves all the objective of quality control.
The assignment is to first identify quality indicators and goal measurements used in your organization's plan. Then to identify whom in the organization is responsible for the quality improvement plan. The company in question is General Electric. The company has no mission statement. ""GE does not have a mission statement, per se, but its operating philosophy and business objectives are clearly articulated each year in the Letter to Shareowners, Employees and Customers in the Annual Report." (General Electric, 2006) What this implies is that the company's mission is dynamic and responds to the environment in which it is operating. The entire company is businesslike, not dedicated to none business-investment related goals. This does not imply that it is not a good corporate citizen or lack good governance. Simply that it is focused on achieving strong business and financial performance. To the contrary, GE has long been a model of the modern socially responsive corporation. It simply does not see the necessity of producing elaborate rhetoric to promote its humanity.
For a company focused on benefiting its shareholders it used the following metrics in it annual report for the year 2007:
Top Ten 2007 Growth Facts About General Electric
1. Third straight year of organic revenue growth of 2 to 3 times GDP growth
2. Earnings per share (EPS) of $2.20, an increase of 18%
3. Global revenue growth of 22%, more than half of revenues outside the U.S.
5. Equipment backlog of $49 billion, an increase of 54%; service backlog of $
...