GE’s Talent Machine: The Making of a CEO - Case Study Report of Findings and Recommendations For: Professor Ernest Jewell MGT 500 Human Behaviorin Organizations 11/28/2011 Table of Contents Executive Summary 1 Analysis 2 Human Resource Management for Growth 2 Communication 3 Recommendations 4 The Vitality Curve 4 Recruitment 5 Executive Brands 5 Lessons Learned 6 Meritocracy 6 Recruiting 6 Communication 7 Executive
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GE’s Talent Machine: The Making of a CEO General Electric (GE) is a true global company with attendance in more than 100 countries. Clearly‚ with a workforce of more than 320’000 employees‚ GE also has to have proper human resources processes established. Its energetic Business Operation Model and sophisticated and evolved human resources strategy are results of the steady growth over more than 130 years of corporate history. Since its incorporation in 1878‚ many CEOs have shaped the company’s products
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General Electric -Talent Machine | | Human Resources | General Electric (GE) is a true global company with presence in more than 100 countries. Clearly‚ with a workforce of more than 320’000 employees‚ GE also has to have proper human resources processes established. Its dynamic Business Operation Model and sophisticated and evolved human resources strategy are results of the steady growth over more than 130 years of corporate history. Since its incorporation in 1878‚ many CEOs have shaped the
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Electric Case study report 1. Introduction General Electric (GE) was founded 1878 by Thomas Edison. This American company is nowadays very well-known due to its multinationality‚ to its conglomeration of corporations and also to its excellent performance on the segments in which operates (infrastructure‚ capital finance and media). However‚ over the years this firm has also been outstanding when it comes to Human Resources (HR) practices having previously been referred to as a CEO factory.
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how has GE been able to create a surplus? What philosophy policies and practices have made it a “CEO factor6y” as Fortune and Economist call it? Really producing sufficient quality top executives is very difficult task for companies‚ but if we see case of General Electric‚ it was producing managers not only for own‚ GE was producing these executives in enough quantity to meet the need of industry. The philosophy adopted by GE includes some techniques‚ policies and practiceswhich enable GE to fill
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development is a heavy priority for GE. The company put a great emphasis on building leaders. Four successive CEO each made contributions to the development of management talent. The CEO Cordiner implemented a decentralization practice that broke the company into various departments. The new company structure was more manageable but required more delegation. As a result of the decentralized structure‚ GE put a great emphasis on developing organizational learning. GE spent a lot of money on management
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Case Study GE’s Two-Decade Transformation: Jack Welch’s Leadership By For BUS 463 - AE Contents Summary of Background and Facts General Electric General Electric (GE) occupied the eighth spot on Fortune 500’s list of companies at the close of 2013. While number eight was a slide from 2012’s number six GE maintains its position‚ as one of the world’s largest and most influential corporations. Today‚ GE’s operates in over 160 countries and is led by Jeffery Immelt. During
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GE’s Two Decade Transformation Case Analysis 1. How difficult a challenge did Welch face in 1981? How effectively did he take charge? In 1981‚ Jack Welch became the CEO of GE‚ following on the heels of a well-respected leader whom the industry heralded as “CEO of the year” several years in a row. Welch needed to find a strategy for GE to succeed in this economy to avoid being the CEO that broke what Reg Jones had built. In fact‚ when Reg announced his retirement‚ The Wall Street Journal wrote
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enhance societal assets. Did GE in the Welch era fulfill this duty? Could it have done better? What should it have done? I believe that Welch only fulfilled one portion of his corporate social responsibility duty. Financial results for GE show that Welch was very effective in directing a highly profitable company‚ but he did so at the expense of many of the employees of the business. Over the years‚ employees were assigned a ranking system comprised of 1’s‚ 2’s‚ and 3’s. Each year‚ the bottom ten
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General Electric Case Study Thanks to international markets‚ General Electric (GE) has created international revenues which have been contributed to growth of the company. During the 1980s and 1990s‚ GE made huge foreign investments in Europe‚ Latin‚ and Asia to expand their market. As a result‚ from 20 percent in 1985‚ the revenues from international sales increased to 40 percent in 2001. They realize that China‚ and India have been potential markets which purchase more wide-body jets than United
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