face in 1981? How effectively did he take charge? When Jack Welch took over as CEO of GE in April 1981‚ the world was in a recession. GE needed to be restructured‚ and this involved restructuring‚ reduction of its payroll and modernization. Jack Welch adopted a strategy of “Fix‚ Sell or Close”. This strategy enabled GE to exit unprofitable businesses and restructure loss-making businesses into profitable businesses. Jack Welch’s management technique adopted the following philosophy
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Leadership In past few decades‚ globalization has had a significant impact on working individuals‚ corporations and consumers. In this process‚ generally an organization’s growth and expansion leads corporations to new challenges and opportunities. One of challenges is overcoming geographical and cultural differences to form an integrated leadership development program that bridges offices and cultures and adequately identifies‚ assesses and develops leaders. In doing so‚ organizations must ensure
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analysis of “GE’s Growth Strategy: The Immelt Initiative” Prior to year 2010‚ GE’s previous CEO‚ Jack Welch‚ had built GE into a highly disciplined‚ extremely efficient machine that delivered consistent growth in sales and earnings. However‚ after Immelt took over GE from Welch‚ Immelt recognized the necessity for strategic change in the GE when he took considering the situation of economic downturn. 9/11issue and Enron Scandal triggered a downturn in the economy‚ which in turn affected GE’s stock market
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Leadership Leadership is the art of leading others to deliberately create a result that wouldn’t have happened otherwise.” The Characteristics of a Good Leader What makes a good leader? Here are some of their most important characteristics: Self-Awareness. You have an intimate knowledge of your inner emotional state. You know your strengths and your weaknesses. You know when you’re working in flow and you know when you’re over worked. You know yourself‚ including your capabilities and your limitations
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The 1920’s was the best decade of the first half of the 20th century. In the 1910’s there was WWI‚ the 1930’s the great depression‚ and the 1940’s WWII. So much flourished economically and industrially during the 1920’s which made it the best decade. Even though there was so much good in the 1920’s there were some problems too‚ but not nearly as bad as any of the other decades in the first half of the 20th century. During the 1920’s‚ the economy was booming. A big factor of the economy prospering
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Human Resources Management General Electric Case study report 1. Introduction General Electric (GE) was founded 1878 by Thomas Edison. This American company is nowadays very well-known due to its multinationality‚ to its conglomeration of corporations and also to its excellent performance on the segments in which operates (infrastructure‚ capital finance and media). However‚ over the years this firm has also been outstanding when it comes to Human Resources (HR) practices having previously
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The ‘50s and ‘60s: Decades of Prosperity and Protest (DBQ) Historians tend to portray the 1950s as a decade of prosperity‚ conformity‚ and consensus‚ and the 1960s as a decade of turbulence‚ protest‚ and disillusionment. These stereotypes are largely true‚ though‚ as with everything in life‚ there are exceptions to this perspective. Therefore‚ the historians’ portrayal of the 1950s and 1960s is accurate for the majority of Americans‚ though some groups were clearly exceptions. The 1950s were characterized
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The Leadership of Jack and Ralph in Lord of the Flies Throughout the novel Lord of the Flies‚ Ralph tries his best to create a society based on survival. As time progresses‚ it is clear that Jack’s feelings are towards living life and having fun. Jack’s society eventually leads to corruption‚ killing innocent people‚ while Ralph’s prevails as the boys are rescued. Ralph uses a repetition of hope towards being saved while Jack’s technique with no thought clearly flounders creating savages
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Today Americans view Christopher Columbus and George Washington as heros and founders of the United States of America. I am going to start with George Washington because he was my favorite. Geroge Washington was our first president of the United States of America. He was born February 22‚ 1732‚ in Pope’s Creek‚ Virginia. He had equivelant of an elementary school education. Even though he didn’t have much of an education he still became the first president and led our nation for eight years in
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Jack Kevorkian or Jack the Ripper? The ending of one’s life‚ terminally ill or not‚ should not be done purposely by another man’s hands. If such procedures were considered acceptable‚ every ill person with no will to continue living would try to find ailments that deem assisted suicide. Jack Kevorkian‚ also known as “Dr. Death‚” was a lifelong activist for physician-assisted suicide. Kevorkian was said to have assisted in 130 suicides of terminally ill patients during his life and is looked
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