Ge Transformation
1 GE’s Two Decade Transformation
Team Globalization Case Analysis GE’s Two Decade Transformation: Jack Welch’s Leadership
Yasmine Abdo Al-Kouraishi Muhammad Howard Steven D. Johns Kenneth V. Oliver Kimberly N. Lomax
AMBA 670 Managing Strategy in the Global Workplace July 25, 2012
2 GE’s Two Decade Transformation
Executive Summary Team Globalization has conducted an in depth analysis on General Electric 's (GE) two decade transformation achieved by the company’s former Chief Executive Officer (CEO) Jack Welch. This report consists of a reflective examination performed by the team, incorporating perspective gained through professional experience and key concepts gleaned from selected course reading selections. As CEO of GE, Jack Welch 's management skills became legendary, with little tolerance for bureaucracy and archaic business processes. Acquiring new businesses and ensuring that each business unit under the GE umbrella was one of the best in its field was a primary concern for Mr. Welch. Under his guidance, the company expanded dramatically from 1981 to 2001 (GE, 2012). The culture of innovation and learning, which included incorporation of measures related to new product development, technological leadership, and rates of improvement, aided Welch and the company in defying the critics as the company continued to profit.
3 GE’s Two Decade Transformation
Introduction Surviving in today’s challenging business environment necessitates innovative thinking in terms of crafting strategies to enable the establishment and sustainment of a competitive advantage. Through an established strategy, structured options and decision making processes, organizational leaders will be able to facilitate organizational development and growth. Overcoming the odds and competitive pressures sometimes requires defying critics and popular views to develop initiatives that not only streamline the organization, but create profitable business operations and human
Team Globalization Case Analysis GE’s Two Decade Transformation: Jack Welch’s Leadership
Yasmine Abdo Al-Kouraishi Muhammad Howard Steven D. Johns Kenneth V. Oliver Kimberly N. Lomax
AMBA 670 Managing Strategy in the Global Workplace July 25, 2012
2 GE’s Two Decade Transformation
Executive Summary Team Globalization has conducted an in depth analysis on General Electric 's (GE) two decade transformation achieved by the company’s former Chief Executive Officer (CEO) Jack Welch. This report consists of a reflective examination performed by the team, incorporating perspective gained through professional experience and key concepts gleaned from selected course reading selections. As CEO of GE, Jack Welch 's management skills became legendary, with little tolerance for bureaucracy and archaic business processes. Acquiring new businesses and ensuring that each business unit under the GE umbrella was one of the best in its field was a primary concern for Mr. Welch. Under his guidance, the company expanded dramatically from 1981 to 2001 (GE, 2012). The culture of innovation and learning, which included incorporation of measures related to new product development, technological leadership, and rates of improvement, aided Welch and the company in defying the critics as the company continued to profit.
3 GE’s Two Decade Transformation
Introduction Surviving in today’s challenging business environment necessitates innovative thinking in terms of crafting strategies to enable the establishment and sustainment of a competitive advantage. Through an established strategy, structured options and decision making processes, organizational leaders will be able to facilitate organizational development and growth. Overcoming the odds and competitive pressures sometimes requires defying critics and popular views to develop initiatives that not only streamline the organization, but create profitable business operations and human
References: Anonymous. (2009, p. 9). Beware: Cost cutting can be deadly. Principal 's Report, 9(6), 8-9 Bartlett, C.A., & Wozny, M. (May 3, 2005). GE 's two-decade transformation: Jack Welch 's Leadership. Harvard Business School. GE, 2012. Past Leaders. Retrieved from http://www.ge.com/company/history/bios/john_welch.html Grant, R.M. (2010). Contemporary strategy analysis (7th Ed.). Malden, MA: Blackwell.