Jeffrey R. Immelt is an ethical leader which fits the quote‚”…. leaders are not responsible for making other people ethical. Rather they are responsible for enabling their organizations to be aware of ethical meaning and reflect on it as a core part of the organization.” Immelt is the ninth chairman of General Electric a post he holds till now since September 7‚ 2001 after his predecessor Jack Welch. Immelt is also nominated‚ not once but three time by Barron’s as “World’s Best CEO”. Furthermore
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Study: GE: Jeffrey Immelt – Change in Strategy‚ Style and Culture Sandra Armenta South University Online Dr. Patrick Udeh January 30‚ 2012 Case Study: GE: Jeffrey Immelt – Change in Strategy‚ Style and Culture In all companies changes in strategies‚ style and culture are experienced when management changes occur. This was no different with GE. As Jack Welch stepped down as CEO after 20 years‚ Jeffrey Immelt was chosen as his successor. He had some big shoes to fill. “Immelt became the
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organization - Jack Welch stated the above objective into a 3 circle concept. Business were categorized as core (with the priority of “reinvesting in productivity and quality”)‚ high-technology (challenged to “stay on the leading edge” by investing in R&D)‚ and services (required to “add outstanding people and make contiguous acquisitions”). 4. More focus on service sector (shift from product to services). Services contribute more than 70 % revenue. 5. Going global through mergers and acquisition
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interview with Jeffrey R. Immelt May 21st‚ 2015 Henry Bösken-Diebels‚ Veronika Larina & Philipp Vinzenz 1 Agenda 1 2 3 4 Changes in GE’s corporate strategy brought by Jeffrey Immelt and the reasons behind them New set of management tools to pursue ambitious organic growth goals Key lessons and managerial implications Q&A May 21st‚ 2015 Henry Bösken-Diebels‚ Veronika Larina & Philipp Vinzenz 2 Agenda 1 2 3 4 Changes in GE’s corporate strategy brought by Jeffrey Immelt and the reasons
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Is Jeffrey Immelt unethical Carlos Anthony Ramon MGMT 5305 Organization Theory Wayland Baptist University MGMT 5305_VC03 Winter‚ 2013 “At GE‚ the only things that move the culture are ones that show up in our income statement. It’s just the way we were raised.” -Jeff Immelt Abstract/Introduction The tenure of Jeff Immelt as CEO of General Electric has been nothing short of interesting. With accusations of unethical practices by his firm (allegations of cooking their books)
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Resources Capabilities Core Competencies How does it help Healthymagination? Did it fit? Jeff Immelt • Possess excellent leadership skills to provide a clear direction for the company in the expansion of Healthymagination. • Is decisive in making important decisions. He is competent in managing GE. • Is adventurous to come out with Healthymagination even though he knew that healthcare is not strength of GE. He has succeeded in utilizing GE’s available resources to promote Healthymagination.
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sophisticated. It consists in a strong focus on human potential through executive development to the top ranks of the firm: this performance based meritocracy has made GE a “CEO factory” for the company and for all corporate America. In 2001‚ Jeff Immelt‚ the company’s new leader was faced with the problem of how to keep this talent machine humming. ________________________________________ In the last half of the 20th century‚ four CEOS made GE’s HR management one of the most successful in the
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General Electric (GE) did when it launched its Ecomagination strategic initiative in 2005. According to Jeffrey Immelt‚ Chairman and CEO: Ecomagination is GE’s commitment to address challenges‚ such as the need for cleaner‚ more efficient sources of energy‚ reduced emissions‚ and abundant sources of clean water. And we plan to make money doing it. Increasingly for business‚ “green” is green.1 Immelt announced in a May 9‚ 2005‚ conference call that the company planned to more than double its spending
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that matter. Person Interviewed Biography Jeffrey Immelt‚ CEO of General Electric Company‚ has been with the company since 1982. Mr. Immelt received his B.A. degree in applied
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within a company which tends to break the company down over time. General Electric has learned to watch for issues like this and works to keep its employees as a major part of the company’s decisions. It was best stated by the company’s CEO Jeff Immelt back in 2005‚ “At the top‚ we don’t run GE like a big company. We run it like a big partnership‚ where every leader can make a contribution not just to their job‚ but to the entire Company” (GE‚ 2005). The company learned to listen to its leaders
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