MANAGING ORGANIZATION
GROUP ASSIGNMENT
GE’s Two Decade Transformation: Jack Welch’s
Leadership by Christopher A. Bartlett (2005)
Team Members
Ong May Ling
ST1409MD0020
Paul Lim Guo Yang
ST1409MD0021
Ang Sueh Fang
ST1502MD0027
Muhammad Zaini
ST1502MD0028
Noor AzzahAzzirah
ST1502MD0029
Nyeoh Cheng Kin
ST1502MD0030
Introduction
CEO of GE, Jack Welch
management skill became legendary
acquiring new business and ensuring each business unit one of the best in its field
The “Software” Initiatives, Globalization,
Redefining Leadership, Stretch Objectives,
Service Business Development and Six
Sigma Quality.
Issue in the Case Study current CEO of GE will be retiring
Will GE be able to sustain the success under
Welch twenty years leadership once he departs from the acting CEO?
No suitable candidate yet to replace
transition from Welch as the CEO to the new individual concern to the shareholders who wants the same return they have been receiving
Managerial Decision
Making
PLANNIN
G
How did Jack Welch make critical decisions? Did he based his decision using bounded rationality, rationality or from intuition?
Rationality
- Wise and experienced
Example:
- Bureaucracy : unnecessary & unproductive
: reducing hierarchical level from 9 to 4
: 1984-1989 no. of employees fall from 404,000 to 330,000
:1981-1985 operating profits rise from 1.6 billion to 2.4 billion
Organizational
PLANNIN
Planning
G
What was Jack Welch’s short term and long term planning?
Short Term Planning
Training programs
Redefining GE’s business model: destroyyourbusiness.com
Integrations
Boundaryless company
Long Term Planning
- Communications among employees
- GE remain competitive: unique services
- Push for initiatives among employees
Strategic
PLANNIN
G
Management
What was Jack Welch future strategy for GE to ensure sustainability and growth?
Say no to breaking up GE’s multi-business while others do so introduces the Six Sigma