jack welch: general electric's revolutionary

Jack Welch General

Electric’s

Revolutionary

Range of Business

Generators

Transformers

Wire and

Cable

Lightning

Home

Appliances

Aircraft Engines

Computers

Nuclear

Power

Plastics

Engineering

Size and Complexity

CHALLENGE

WIDELY IMITATED INNOVATIONS

SBUs Divisionalization

PIMS and Portfolio Strategic Planning

The Jones Legacy

Competitive Position Profit

Balkanization Corporate Review

Jack Welch Takes Charge

Japan No Overall Theme/

Single Strategy

To be no. 1 or 2 in EVERY Business

Quality and Excellence

THREE CIRCLE CONCEPT

Services Technology

Core Housewares Central Air Conditioning

TV & Audio Cable Mobile

Radio Stations

Outside

GECC Information Construction and

Engineering Nuclear Services

Ind. Electronics

Medical Systems Materials

Aerospace Aircraft Engines

Lightning, Motor Major Appliances

Motor, Turbine Transportation Construction

Equipment

DESTAFFING

Lean

Agile

PROBLEM STATEMENT

Had Jack Welch presided over the invention of a new

approach to managing a complex organization?

CULTURAL CHANGE

“going for the leap”

Pr

od

uc

tiv

ity

Restructuring

Removing Bureaucracy

Downsizing

Changing Attitude

CULTURAL CHANGE “people”

Establish Strong Vision and Spread It Build Good Communication

Anticipate the Resistant

Simplify

CULTURAL CHANGE

“organization” Bureaucracy

People

Add Value Ability

Organization

Recognition

Corporate Executive

Council

Training and Development

WORK-OUT 1988

Identify and

Eliminate

“Waste”

Identify Need

of Improvement

and Better

Methods

Low Hanging

Fruit

Involve

Customers

and Suppliers/

Partners

BEST PRACTICES

Learn from other successful companies.

Focus more on how things got done.

Implement.

Blurs the divisions between internal functions.

Has the ability to transfer the best ideas, knowledge and people.

THANK YOU

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