Contingency planning - from Welch GEs Adjustment of prosperity under the crisis Gree.docVIP

 PAGE \* MERGEFORMAT 29 Contingency planning - from Welch GE’s Adjustment of prosperity under the crisis Gree August 29, Midea has released the first half of 2010 earnings, reported a first half of the U.S. electrical appliances income 39.025 billion yuan, an increase of 56.72%, net profit of 1.789 billion yuan, up growth of 56.06%. Among them, the air conditioner and parts revenues of 25.855 billion yuan, an increase of 39.85%. these two figures are both more than a semi-annual report released recently Gree air-conditioning and 22.972 billion yuan in parts sales, and 24.8% year on year growth rate. Although Griffith said the semi-annual report does not explain what, win or lose the annual report and then go to see the outcome, and, industry analysts believe that, given the off-season market in the second half Gree consistently strong performance, it may ultimately win again, or Gree air conditioner market in 2010, but this does not change the strength of the United States to catch up this year, Gree is constantly shaken the world for many years has maintained air supremacy fact. Gree performance of the current status of the industry’s vulnerability, so I think the early 80s of last century GE, in fact in my opinion, Gree and now the early 80s of last century, GE has a lot of similarities The Department, through the comparison between the two, and through Welch on GE’s transformation and adjustment of the analysis, may be able to present Gree provide some useful reference and inspiration. April 1, 1981, 46-year-old from its predecessor, Reggie Welch took over GE #8226; Jones, a token, since GE began a large-scale structural changes, 10 years later, he became the Age legend. According to lt;lt;Fortunegt; “Magazine said, he is” recognized as a leading contemporary master of business change. “ Please do not misunderstand, Welch is not inherited management of severe misconduct, deep heavy plight of GE. On the contrary, when the GE looks too good, too strong,