GE's Two-Decade Transformation  : Jack Welch's Leadership A Presentation by - Nayan Bhatia (1711) - Deekshant Kumar (1716)...
The GE History <ul><li>Founded:1878 in Menlo Park, New Jersey </li></ul><ul><li>Founder: Thomas Alva Edison </li></ul><ul>...
Reginald H. Jones(1972-1981) <ul><li>Joined the company's Business Training Course in 1939  </li></ul><ul><li>In 1972 he b...
Jack welch as a person   <ul><li>VISIONARY </li></ul><ul><li>MOTIVATOR </li></ul><ul><li>CHARISMATIC / TRANSFORMATIONAL LE...
Jack welch as a person (Contd..) <ul><li>Achievement oriented </li></ul><ul><li>Unconventional behavior </li></ul><ul><li>...
 
<ul><li>BORN OR MADE LEADER ? </li></ul>
 
IDEOLOGIES
STRATEGIES <ul><li>LEGITIMATE PLAGIARIGM </li></ul><ul><li>FIGHT BUREAUCRACY </li></ul><ul><li>BOUNDARY LESS ORGANISATION ...
PROCESSES <ul><li>#1 OR #2: FIX,SELL, OR CLOSE </li></ul><ul><li>DESTAFFING </li></ul><ul><li>SIX SIGMA </li></ul><ul><li>...
Effectiveness of Processes <ul><li>Destaffing & Divestiture: (Neutron Jack phase) </li></ul>
Effectiveness of Processes (contd…) <ul><li>Work out & Best practices : </li></ul>
Effectiveness of Processes (contd…) <ul><li>Globalization: </li></ul>
Effectiveness of Processes (contd…) <ul><li>Stretch & other measures: </li></ul>
Effectiveness of Processes (contd…) <ul><li>Six Sigma: </li></ul>
GE- Present Leader <ul><li>Jeff Immelt  is the current chairman of the board and chief executive officer of General Electr...
Current Trends
Current Trends <ul><li>Growth as a Process  </li></ul><ul><li>Technology </li></ul><ul><li>Customers </li></ul><ul><li>Glo...
Current Trends (contd…) <ul><li>Ranked ninth on Fortune Magazine's &quot;50 Most Desirable MBA Employers&quot; list. (Apri...
Evaluation of different Leaders CEO
Evaluation of different Leaders (contd…)
The prevailing culture in GE <ul><li>Innovation: a place for creating and bringing big ideas to life  </li></ul><ul><li>Pe...
GE’s tribute to Jack welch
Our Sources & References <ul><li>Harvard Case </li></ul><ul><li>Organizational Behavior-Robbins </li></ul><ul><li>Jack Wel...
 
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This presentation is about leadership skills of Jack Welch In General Electric

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Ge Final1

  1. 1. GE's Two-Decade Transformation : Jack Welch's Leadership A Presentation by - Nayan Bhatia (1711) - Deekshant Kumar (1716) - Sunil Zalke (1761)
  2. 2. The GE History <ul><li>Founded:1878 in Menlo Park, New Jersey </li></ul><ul><li>Founder: Thomas Alva Edison </li></ul><ul><li>Slogan: we bring good things to life </li></ul><ul><li>The company was incorporated in 1892 </li></ul><ul><li>Established an industrial research laboratory in 1900 </li></ul><ul><li>1930’s- Highly centralized </li></ul><ul><li>1950’s- Towards decentralization </li></ul><ul><li>1960’s- Profitless Growth </li></ul><ul><li>1970’s- Strategic planning systems. </li></ul>
  3. 3. Reginald H. Jones(1972-1981) <ul><li>Joined the company's Business Training Course in 1939 </li></ul><ul><li>In 1972 he became president, then chairman and chief executive officer of General Electric </li></ul><ul><li>Introduced the new strategic planning systems. </li></ul><ul><li>43 SBU’s, 10 groups, 46 divisions & 190 departments </li></ul><ul><li>The company's sales more than doubled ($10 billion to $22 billion) and earnings grew even faster ($572 million to $1.4 billion ) </li></ul><ul><li>The Wallstreet Journal proclaimed him a “ MANAGEMENT LEGEND” </li></ul>
  4. 4. Jack welch as a person <ul><li>VISIONARY </li></ul><ul><li>MOTIVATOR </li></ul><ul><li>CHARISMATIC / TRANSFORMATIONAL LEADER </li></ul><ul><li>GIFT OF GAB </li></ul><ul><li>FRAMING </li></ul><ul><li>RISK TAKER </li></ul>
  5. 5. Jack welch as a person (Contd..) <ul><li>Achievement oriented </li></ul><ul><li>Unconventional behavior </li></ul><ul><li>Self-confidence </li></ul><ul><li>Not boasting </li></ul><ul><li>Agog </li></ul><ul><li>Ethical </li></ul><ul><li>Energy </li></ul>
  6. 7. <ul><li>BORN OR MADE LEADER ? </li></ul>
  7. 9. IDEOLOGIES
  8. 10. STRATEGIES <ul><li>LEGITIMATE PLAGIARIGM </li></ul><ul><li>FIGHT BUREAUCRACY </li></ul><ul><li>BOUNDARY LESS ORGANISATION </li></ul><ul><li>LEARN AND AGILE LIKE A SMALL COMPANY </li></ul><ul><li>SPEED,SIMPLICITY,SELF-CONFIDENCE </li></ul><ul><li>QUALITY </li></ul><ul><li>SERVICE </li></ul><ul><li>GOING GLOBAL </li></ul><ul><li>LEADER CATEGORIZATION </li></ul>
  9. 11. PROCESSES <ul><li>#1 OR #2: FIX,SELL, OR CLOSE </li></ul><ul><li>DESTAFFING </li></ul><ul><li>SIX SIGMA </li></ul><ul><li>STRETCH </li></ul><ul><li>BEST PRACTICES </li></ul><ul><li>WORK OUT </li></ul><ul><li>360 DEGREE FEEDBACK </li></ul>
  10. 12. Effectiveness of Processes <ul><li>Destaffing & Divestiture: (Neutron Jack phase) </li></ul>
  11. 13. Effectiveness of Processes (contd…) <ul><li>Work out & Best practices : </li></ul>
  12. 14. Effectiveness of Processes (contd…) <ul><li>Globalization: </li></ul>
  13. 15. Effectiveness of Processes (contd…) <ul><li>Stretch & other measures: </li></ul>
  14. 16. Effectiveness of Processes (contd…) <ul><li>Six Sigma: </li></ul>
  15. 17. GE- Present Leader <ul><li>Jeff Immelt is the current chairman of the board and chief executive officer of General Electric. He took over the role on September 7, 2001 </li></ul><ul><li>New slogan- imagination at work </li></ul><ul><li>Barron's twice named Mr. Immelt one of the &quot;World's Best CEOs&quot; </li></ul><ul><li>Mr. Immelt earned a B.A. degree in applied mathematics from Dartmouth College in 1978 and an M.B.A. from Harvard University in 1982 </li></ul><ul><li>Spends 25 days a year on succession planning and cultivating future GE leaders </li></ul>
  16. 18. Current Trends
  17. 19. Current Trends <ul><li>Growth as a Process </li></ul><ul><li>Technology </li></ul><ul><li>Customers </li></ul><ul><li>Globalization </li></ul><ul><li>Commercial excellence </li></ul><ul><li>Innovation </li></ul><ul><li>Growth leaders </li></ul>
  18. 20. Current Trends (contd…) <ul><li>Ranked ninth on Fortune Magazine's &quot;50 Most Desirable MBA Employers&quot; list. (April 2004) </li></ul><ul><li>In 2005 GE launched its &quot; Ecomagination &quot; initiative in an attempt to position itself as a &quot;green&quot; company </li></ul><ul><li>In Fortune Magazine's 2005 &quot;Global Most Admired Companies&quot; list, GE ranked first overall. (February 2005) </li></ul><ul><li>In Fortune Magazine's 2006 &quot;America's Most Admired Companies&quot; list, GE ranked first overall. (March 2006) </li></ul><ul><li>Revenue as on 31-3-2006 -$163.391 billion </li></ul><ul><li>Net Earnings as on 31-3-2006 - $20.829 billion </li></ul><ul><li>No. of employees (2004) – 315000 </li></ul>
  19. 21. Evaluation of different Leaders CEO
  20. 22. Evaluation of different Leaders (contd…)
  21. 23. The prevailing culture in GE <ul><li>Innovation: a place for creating and bringing big ideas to life </li></ul><ul><li>People attributes: vision, passion and deep sensitivity to the big issues that challenge the world around them </li></ul><ul><li>Work environment: an invigorating place to work </li></ul><ul><li>Leadership & learning: developing skills and energizing employees </li></ul>
  22. 24. GE’s tribute to Jack welch
  23. 25. Our Sources & References <ul><li>Harvard Case </li></ul><ul><li>Organizational Behavior-Robbins </li></ul><ul><li>Jack Welch & the GE way. </li></ul><ul><li>Wikipedia </li></ul><ul><li>Britanicca, the encyclopedia </li></ul><ul><li>Fortune magazine </li></ul><ul><li>www.ge.com </li></ul><ul><li>Google images </li></ul>

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