Tecnologías de Información en la Estrategia de Negocios IBM’S DECADE OF TRANSFORMATION: TURNAROUND TO GROWTH 1.- INTRODUCCIÓN: Hemos analizado el caso IBM´s Decade of Transformation: Turnaround to Growth‚ en el que podemos visualizar la transformación de la empresa a través de décadas‚ en las cuales la compañía ha tenido sus alzas y bajas y los ajustes que cada Dirección General ha tenido que implementar para efecto de sacar a la empresa del hoyo en que se ha sumido y el volverla a posicionar
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Ge’s Two Decade Transformation Jack Welch’s Leadership Change Management GE’s Two Decade Transformation: Jack Welch’s Leadership Answer 1 In April 1981‚ when Jack Welch became the CEO of GE‚ US was in recession. There were high interest rates. Strong dollar resulted in country’s highest unemployment rates. In this rapid changing and uncertain environment it was extremely difficult task for him to handle a conglomerate as big as GE and ensure that general confidence among the investors is not
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Case 1: GE’s Two Decade Transformation: Jack Welch’s Leadership-HBS # 9-399-150 1. How difficult a challenge did Welch face in 1981? How effectively did he take charge? Jack Welch became the CEO of GE back in April of 1981 when the economy was in a recession. He faced the highest unemployment rate during that time due to the high interest rates during the depression. Several other challenges came along with this position from the increase in competition and also being overshadowed by a longtime
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Ge’s Two Decades Transformation GE’S Two-Decade Transformation 1.How difficult a challenge did Welch face in 1981? How effectively did he take charge? When Jack Welch assumed as CEO of GE in April 1981‚ he had the challenge of revitalizing the competitiveness and productive competency of the company. In 1981 the economy was in a recession and high unemployment combined with high interest rates exacerbated GE’s problems. GE needed to be restructured and this entailed the modernization and streamlining
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GE’s Two-decade Transformation Jack Welch’s Leadership Managing Konwledge and Learning (#9-399-150) ANALYSIS of GE Advantage‚ Problems and risks including my suggestion/ * (1) GE *Key factors*: Hardware restructure*: When Reg Jones‚ Welch’ Predecessor‚ became CEO in 1973‚ the company organization was just completed to be centralized‚ but Jones could not able to keep up with reviewing massive volume of information generated by 43 strategic plans. Finally in 1977‚ he capped GE’s departments
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References: Bartlett‚ C. 2005. GE’s Two Decade Transformation: Jack Welch’s Leadership. Harvard Business School Bennot‚ W Byrne‚ J‚ “How Jack Welch Runs GE‚” Businessweek‚ June‚ 7‚ 1998 Blanchard‚ K.‚ et Cherry‚ K. (2013). Transformational Leaders: How These Leaders Inspire and Motivate. Retrieved November
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GE’s Two Decade Transformation: Jack Welsh’s Leadership Introduction GE was founded in 1878. It has grown multi folds since the time of inception. It has been named as “Most Admired Company in Us” and “Most Admired Company in the World”. It has companies in the field of electricity production‚ electric appliance‚ lighting‚ aircraft engines‚ medical system‚ and diesel locomotives. GE has 43 independent SBU (Strategic Business Unit). Despite all these variations available there was steadfast growth
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Explain steps required in turnaround strategies. Justify with an example. Emphasis is on speed of change and rapid cost reduction and/or revenue generation. Managers must prioritise things that give quick and significant improvements. Although used interchangeably‚ restructure is different from turnaround. Operational Turnaround The focus is on ways of improving the operation of the business and designed to halt the decline. Strategic Turnaround The focus is on adjusting
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AIR INDIA In recent past‚ Air India is suffering from heavy losses. They are undergoing a turbulent time in there operation. Global Aviation Industry is currently going through the most difficult phase. Airlines have collectively lost over US $10.4 billion last year‚ and are estimated to lose a further US $9 billion this year‚ of which US $2 billion (Rs 10‚000 crores) will be the share of Indian carriers. With Air India operating in a global environment‚ the national carrier has been impacted as
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GE’S TWO DECADE TRANSFORMATION: JACK WELCH’S LEADERSHIP 1. How difficult a challenge did Welch face in 1981? How effectively did he take charge? When Reg Jones retired and Jack Welch became GE’s CEO in 1981‚ the country was facing a major recession‚ with high inflation and unemployment rates‚ reminiscent of those 50 years earlier during the Great Depression. Thousands of businesses were failing‚ not only affected by the national economic conditions but also
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