GE’s Two Decade Transformation Case Analysis 1. How difficult a challenge did Welch face in 1981? How effectively did he take charge? In 1981‚ Jack Welch became the CEO of GE‚ following on the heels of a well-respected leader whom the industry heralded as “CEO of the year” several years in a row. Welch needed to find a strategy for GE to succeed in this economy to avoid being the CEO that broke what Reg Jones had built. In fact‚ when Reg announced his retirement‚ The Wall Street Journal wrote
Premium Leadership Management General Electric
BUSINESS POLICY & STRATEGY Case Study – ’GE’s Two-Decade Transformation: Jack Welch’s Leadership’ Prepared by Group 12 – Div A Team Members 1. Aanad Menon 2. Adit Paul 3. Anirban Majumdar 4. Girish Patel Q.1) Jack Welch launched a number of initiatives on taking charge of GE in 1981. Was there a strategy driving the initiatives? Were the initiatives effective in accomplishing what Welch was aiming for? When Jack Welch joined the GE‚ there were many challenges
Premium Inflation Leadership
Electric The corporate culture of General Electric (GE) is a composite of its people‚ leadership‚ organization‚ structure‚ and processes from past to present. This paper will provide an assessment of the corporate culture of GE‚ and provide an insight into the dynamics‚ which have made it one of the world’s premier companies. The aspects of General Electric’s culture begin with its leadership‚ and progress through its management‚ workforce‚ policies‚ and objectives. GE leadership provides corporate
Premium General Electric Six Sigma Jack Welch
evolved in many ways while retaining many of its original values. Some examples of this can be found in the way China conducted its economy‚ its openness to other ideas‚ and its methods of leadership. Specifically‚ there were very large amounts of change that took place between the warring states period in China and the Yuan dynasty. China’s economy has varied throughout its history‚ some of the ways it has varied are in the types of currencies that they employed‚ along with the ideas of what
Premium China Tang Dynasty Han Dynasty
CCOT From 100 C.E to 1000 C.E there were many changes along with continuities in the political and cultural life of the Chinese peoples. For example a big change in the political life of China was a series of nomadic invasions. A large continuity in bureaucracy may have changed just a little bit but it was always present in China. Through its history a big continuity in Chinese culture could be Confucianism. Even though Confucianism does not disappear‚ Buddhism becomes very popular when the
Premium China People's Republic of China Qing Dynasty
Question 1: In what ways has Jeff Immelt redirected the strategy of GE? In 2001‚ shortly after Jeff Immelt became the CEO of GE‚ a series of events changed and impacted the corporate landscape. The immediate challenges that he faced included 9/11‚ and a subsequent series of high profile corporate scandals (Enron‚ WorldCom). In 2008‚ the financial crisis hit and had a severe impact on GE’s primary growth source‚ GE Capital causing it to accumulate bad debts and asset write-downs. These events caused
Premium Innovation Economics Strategic management
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
Premium Value added Management Jack Welch
CONTINUITY AND CHANGE IN JAPANESE SOCIETY One specific aspect of change in traditional Japanese society came about through an increased acceptance and regard towards the right of girls to be educated. In the past‚ traditional Japanese culture saw this as a threat‚ believing that it was a purely western thought which would jeopardise the traditional culture of that society. This movement not only increased educational opportunities‚ but was also a means by which gender inequality was reduced in Japanese
Premium Sociology
facing Immelt assuming the CEO role in 2001? What imperatives where there to change? What incentives to maintain the past? 2. What do you think of the broad objectives Immelt has set for GE? Can a giant global Conglomerate hope to outperform the overall market growth? Can size and diversity be made an asset rather than a liability? 3. What is your evaluation of the growth strategy (a strategy for a giant global conglomerate with a portfolio of mature industrial businesses) Immelt has articulated
Premium General Electric
All cultures are centered around belief structures that continue over a long period time‚ but some of the practices and rituals associated with these beliefs can become shuffled and this can drastically set two religions apart. The Mayans and the Aztecs of Mesoamerica are no different in this sense. Both cultures were “obsessed” with the stars and their movement in the heavens and they each built large observatories to watch and record what was happening‚ buildings that still exist to this day
Premium Mesoamerica Aztec Maya civilization