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Jack Welch and Immelt Jeffery Case
Jack Welch and Immelt Jeffery Case
Jack Welch and Immelt Jeffery Case
SUBMITTED BY:Abhishek Singh Mithilesh Sharma Raghav Kumra Abhinaya Das Ansuman Dash Ankita Nagarkoti Sagar Godhani Kanika Goswami
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GE was already a hugely successful company before Welch became CEO, with a tradition of strong and able leadership. Did Welch make GE a great company, or did GE make Welch a great leader ?
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Welch foresaw danger of becoming COMPLACENT Welch created a flatter structure which helped in improving communications. Number one Number two Strategy. Master of large business deals. Importance to Strategic Planning. Provided Autonomy of decision making to individual business units. Launched WORK-OUT program.
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Reduction of production defects. Invested heavily in training. Three levels of Six Sigma:
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Small Company environment with Big company resources. Welchs unique ability to communicate & motivate at all levels. Surprise visits at different locations. Personal Notes.
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Hard Task-Master
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Welch was never satisfied with GEs performance. Good performers were rewarded well. Promotions were mainly for within. Also highly responsible tasks were given. Peoples were classified into 3 categories:
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Welch himself taught regularly at Crotonville Autonomy to good-performers, but personal leash to underperformers Open to adopt best practices
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