Succession planning at GE involved identifying and developing internal candidates for key leadership roles. GE categorized employees into A, B, and C tiers and closely monitored the top 3,000 executives. The company invested $1 billion in employee development programs that provided training, global exposure, and rotations across business units. This elaborate process helped GE smoothly transition leadership, such as when Jack Welch selected Jeff Immelt as his successor based on Immelt's focus on innovation, cost-cutting, and long-term strategies.

2. -- ChiragKanani

3. -- PalakSheth

4. -- AshfaqMemon

7. Succession planning has started from the CEO’s after T.A Edison

8. rotation and selection of candidates within the organization.

9. 3 categories of A,B,C were differentiated for the employees across the company

10. involvement of top management in monitoring top 3000 executives.

11. CEO’s and HR heads used to develop strategies for the Employee development.

12. individualistic approach for every candidate to develop him to fullest.

13. Annual performance reviews were done twice a year.

14. $1 billion was invested [ so money was flown for human development]

16. 8 criterions were selected for the CEO post.

18. Identify leadership qualities- major tools

19. Management & leadership development

20. Manager development,

21. Executive development,

22. Business development

23. Importance of values

25. Restructuring of GE’s Business.

26. Focus on customer service.(ACFC)

27. Different management styles.

28. Focus on long-term strategies.

30. Selecting player as players for different tiers of the company

31. HR reviews and audits helped them to plan in a much better way.

34. Different kind of Business lines requires experience from within and exposing a new person from outside make friction within the organization.

35. Developing skills through different sorting system and selection criterion.

36. It makes a organization more flexible in terms of adaptation of ideas and strategies getting implemented at a smooth phase.Thank You