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Essay Details:
Essay text:
Some of the issues that GEMS had to deal with were the following:
• The business did not have the right configuration of assets and resources to maintain and sustain international growth outside the United States.
• The GPC philosophy permeated through Research and Development (R&D), causing product design to be outsourced into countries with unutilized talent (i.e. Eastern Europe engineers with master degrees that after the cold war was only earned about $1.5 per hour)
• Lastly, it was recognized by top management that the GPC needed to evolve as it moved into the future.
B) The Company Background:
GEMS was founded in 1923 and set up as a wholly-owned subsidiary of the General Electric Company...
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