jack welch: general electric's revolutionary
DESCRIPTION
TRANSCRIPT
![Page 1: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/1.jpg)
Jack Welch General
Electric’s
Revolutionary
![Page 2: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/2.jpg)
Range of Business
Generators
Transformers
Wire and
Cable
Lightning
Home
Appliances
Aircraft Engines
Computers
Nuclear
Power
Plastics
Engineering
![Page 3: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/3.jpg)
Size and Complexity
CHALLENGE
![Page 4: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/4.jpg)
WIDELY IMITATED INNOVATIONS
SBUs Divisionalization
PIMS and Portfolio Strategic Planning
![Page 5: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/5.jpg)
The Jones Legacy
Competitive Position Profit
Balkanization Corporate Review
![Page 6: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/6.jpg)
Jack Welch Takes Charge
Japan No Overall Theme/
Single Strategy
To be no. 1 or 2 in EVERY Business
Quality and Excellence
![Page 7: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/7.jpg)
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
![Page 8: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/8.jpg)
DESTAFFING
Lean
Agile
![Page 9: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/9.jpg)
PROBLEM STATEMENT
Had Jack Welch presided over the invention of a new
approach to managing a complex organization?
![Page 10: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/10.jpg)
CULTURAL CHANGE
“going for the leap”
Pr
od
uc
tiv
ity
Restructuring
Removing Bureaucracy
Downsizing
Changing Attitude
![Page 11: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/11.jpg)
CULTURAL CHANGE “people”
Establish Strong Vision and Spread It Build Good Communication
Anticipate the Resistant
Simplify
![Page 12: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/12.jpg)
CULTURAL CHANGE
“organization” Bureaucracy
People
Add Value Ability
Organization
Recognition
Corporate Executive
Council
Training and Development
![Page 13: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/13.jpg)
WORK-OUT 1988
Identify and
Eliminate
“Waste”
Identify Need
of Improvement
and Better
Methods
Low Hanging
Fruit
Involve
Customers
and Suppliers/
Partners
![Page 14: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/14.jpg)
BEST PRACTICES
Learn from other successful companies.
Focus more on how things got done.
Implement.
![Page 15: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/15.jpg)
Blurs the divisions between internal functions.
Has the ability to transfer the best ideas, knowledge and people.
![Page 16: Jack Welch: General Electric's Revolutionary](https://reader036.vdocuments.us/reader036/viewer/2022081816/54858c885806b5b3588b47cf/html5/thumbnails/16.jpg)
THANK YOU
Group 1