The history of GE starts by Thomas Edison in 1878, in early they focus on distribution, generation and electric power and in 1978 GE diversified in to aircraft engines, diesel locomotives and medical system.GE was undergoing change in 1930 they welcome opportunities and agile to be change.
Reg johns:
Become CEO in 1973 and selected to be CEO of GE 3 times by his peers. GE become benchmark for companies due to his SBU structure units and sophisticated planning process. John was unable to reviewing and approving massive volume so in 1977 he divides business SBU units into layers macro businesses.
Jack Welch:
His period start in1981 when U.S was economy was in problem in recession period. He challenged to be better than the best. And to be the …show more content…
Workout employees are software of your company you need give attention to employees every one can raise voice, Encourage employees, develop self confidence create new way to deal each other, employees were allowed to discuss their problems with boss. Best practices internally restructure but also analyse the market. Study other firms to increase productivity. ability to things do the things by scanning external factors see how market is changing and take corrective actions. Going global at first you have to build your base and make it strong then go for expansion because it is very difficult to in to world there are more competitors in market. Developing leaders Welch were implementing new cultural activities he was adopting human resource to fix his goal he introduced 360 degree feedback process changed mind of employees, build loyalty in …show more content…
He introduced notion of sketch to change directions for achieving targets. Everyone has dream where they want to be target is like a vision he set objective to change way of targets in which performance is measured by creating atmosphere he asked from every one that how good can you be? Set your performance target.
Service business: in 1994 jack introduced initiative designed to reinforce one of his earlier goals too dependent on traditional industry products through acquisition of financial services and to add value in services to increase profits.
Six sigma quality initiative:
In 1995 survey of company show that general electric employees were dissatisfied with quality of its products at that time G.E need to take an action Welch take help from his old friend to know about six sigma adoption techniques then after one year in 1996 he introduces well developed program six sigma in order to increase productivity and to improve quality at lower coast.
A Players with four Es:
When Welch was closer to his retirement he said that we don’t want those players who don’t want to make our company best GE want A players who have vision , leadership style, courage and energy to do the things and done the things.
He categorised A players in 4 E’s
1. Exection, 2.edge, 3. Energy, 4. Energize
Reg johns:
Become CEO in 1973 and selected to be CEO of GE 3 times by his peers. GE become benchmark for companies due to his SBU structure units and sophisticated planning process. John was unable to reviewing and approving massive volume so in 1977 he divides business SBU units into layers macro businesses.
Jack Welch:
His period start in1981 when U.S was economy was in problem in recession period. He challenged to be better than the best. And to be the …show more content…
Workout employees are software of your company you need give attention to employees every one can raise voice, Encourage employees, develop self confidence create new way to deal each other, employees were allowed to discuss their problems with boss. Best practices internally restructure but also analyse the market. Study other firms to increase productivity. ability to things do the things by scanning external factors see how market is changing and take corrective actions. Going global at first you have to build your base and make it strong then go for expansion because it is very difficult to in to world there are more competitors in market. Developing leaders Welch were implementing new cultural activities he was adopting human resource to fix his goal he introduced 360 degree feedback process changed mind of employees, build loyalty in …show more content…
He introduced notion of sketch to change directions for achieving targets. Everyone has dream where they want to be target is like a vision he set objective to change way of targets in which performance is measured by creating atmosphere he asked from every one that how good can you be? Set your performance target.
Service business: in 1994 jack introduced initiative designed to reinforce one of his earlier goals too dependent on traditional industry products through acquisition of financial services and to add value in services to increase profits.
Six sigma quality initiative:
In 1995 survey of company show that general electric employees were dissatisfied with quality of its products at that time G.E need to take an action Welch take help from his old friend to know about six sigma adoption techniques then after one year in 1996 he introduces well developed program six sigma in order to increase productivity and to improve quality at lower coast.
A Players with four Es:
When Welch was closer to his retirement he said that we don’t want those players who don’t want to make our company best GE want A players who have vision , leadership style, courage and energy to do the things and done the things.
He categorised A players in 4 E’s
1. Exection, 2.edge, 3. Energy, 4. Energize