Jack Welch: General Electric's Revolutionary

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Jack Welch: General Electric's Revolutionary

  1. 1. Jack Welch General Electric’sRevolutionary
  2. 2. Range of Business Plastics Engineering Generators Lightning Wire and NuclearAircraft Engines Cable Power Home Transformers Appliances Computers
  3. 3. Size and ComplexityCHALLENGE
  4. 4. Divisionalization SBUs WIDELY IMITATED INNOVATIONS PIMS and Portfolio Strategic Planning
  5. 5. Competitive Position ProfitThe Jones Legacy Balkanization Corporate Review
  6. 6. No Overall Theme/ Japan Single Strategy Jack Welch Takes ChargeTo be no. 1 or 2 Quality and in EVERY Excellence Business
  7. 7. THREE CIRCLE CONCEPT Technology Services Ind. Electronics GECC Information Medical Systems Construction and Materials Engineering Aerospace Nuclear Services Aircraft Engines Outside Core Housewares Lightning, Motor Central Air Conditioning Major Appliances TV & Audio Motor, Turbine Cable Transportation Mobile Construction Radio Stations Equipment
  8. 8. LeanDESTAFFING Agile
  9. 9. Had Jack Welch presided over the invention of a new approach to managing a complex organization?PROBLEM STATEMENT
  10. 10. CULTURAL CHANGE “going for the leap” Productivity Restructuring DownsizingRemoving Bureaucracy Changing Attitude
  11. 11. CULTURAL CHANGE “people” Establish Strong Vision and Spread It Build Good Communication Anticipate the Resistant Simplify
  12. 12. CULTURAL CHANGE “organization” Bureaucracy Organization Corporate People Executive Council Add Value Ability Training and Development Recognition
  13. 13. 1988 WORK-OUT Involve CustomersIdentify and and Suppliers/ Eliminate Partners “Waste” Identify Need of Improvement and Better Methods Low Hanging Fruit
  14. 14. Learn from other successful companies. Focus more on how things got done. Implement.BEST PRACTICES
  15. 15. Blurs the divisions between internal functions.Has the ability to transfer the best ideas, knowledgeand people.
  16. 16. THANK YOU Group 1

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