when firms such as General Accident and Commercial Union make an announcement that they are merging? 2 Downsizing means ‘shedding’ employees from an organization. (a) What are the main reasons for companies downsizing? (b) Provide examples of companies who have made a decision to downsize their organisation. 3 Downsizing often leads to “de-layering”. What is meant by the expression “delayering”? 4 List 4 external factors that can affect business activity. 5 In July 1988 the UK banned the use
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GSGM 7223 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
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1 Discuss the distinguishing characteristics of‚ as well as the pros and cons of the earlier models for organizing of nursing services that were in use (during the 1970s onwards)‚ namely: Answer: A The ‘Team Nursing’ model: “Team Nursing” model emerged from the British model of a single Head Nurse after the Second World War. It had the following distinguishing characteristics: Characteristics: 1 A Head Nurse oversaw two or three teams of registered nurses RNs and non-licensed personnel
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GE’s Case analysis Jack Welch 1. He has adopted 3 D’s (Downsizing‚ destaffing and delayering). He has made hierarchical changes across the organization by reducing hierarchy level from 9 to 4. 2. Fix‚ Sell or close the business in which GE is not either No.1 or No.2. Between 1981 to 1990 they had sold more than 200 businesses which has accounted for 25% of 1980 sales. 3. Restructuring the organization - Jack Welch stated the above objective into a 3 circle concept. Business were categorized
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Chapter 3‚ Flexible‚ by Richard Sennett‚ “The Corrosion of Character” As a whole‚ Richard Sennett’s book The Corrosion of Character: The Personal Consequences of Work in the New Capitalism discusses the effect of the flexible capitalist economy on the lives of workers during the 1990s. Chapter 3 focuses mainly on flexibility. Sennett compares the flexibility of a human being to that of a tree‚ whereby‚ the tree has the capacity both to yield and to recover‚ from both the testing and the restoration
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Resource-based perspective: Acquire‚ develop and manage resources. Welch was successfully managing the firm resources by reallocating firm’s capital by selling poor performing businesses and acquiring more successful ones. Through downsizing‚ destaffing and delayering GE Welch releases resources that set
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are good or bad depending on how well they are applied. You know the names of the most recent batch. We have all been impacted‚ in one way or another‚ by downsizing‚ re-engineering‚ restructuring‚ delayering and so on. Re-engineering is a solid business management tool‚ but applied incorrectly it can cause more harm than good. Downsizing‚ when done improperly‚ is appropriately called dumb sizing. The latest management buzzword isn’t really a trend. It is more a reaction to the last few trends
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greater empowerment of the workforce. Do you think that this is a good idea? Justify your view. Delayering is the action or process of reducing the number of levels in the hierarchy of employees in an organisation. One reason why I believe this will be beneficial to Electric Dreams (ED) is because Peter has declared himself that he aims to reduce costs and improve the speed of decision-making. Delayering should allow for both of these goals to be achieved. Although the business will have to pay redundancy
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of 200 people was reduced by 50% and the remaining were replaced with “real time planning” and built around a five page strategy playbook. * He reduced the number of hierarchical levels from nine to four. He adopted strategy of downsizing‚ destaffing and delayering and eliminated 12450 jobs. Through divestiture he again eliminated an additional 122700. The initiatives were remained very much effective as evident from the numbers. During this period‚ GE’s performance improved in terms of revenues
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Changing the Culture at British Airways Question #1 Life at “old” British Airways lacked a unifying corporate culture. The 1971 merger of British European Airways (BEA) and British Overseas Airways Corporation (BOAC)‚ by the British Airways Board‚ only succeeded in putting an umbrella over two separate mature entities. The focus of the BEA had been to build a European airline infrastructure. BOAS was an innovator and pioneered the first jet passenger service. Neither company was concerned with
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