GE’s Talent Machine Case Submission AKESH KHANDELWAL (159278005) BOOPATHI RAJA P R (159278021) CHANDRAKANT KHETAN (159278022) JAYESH PARDESHI (159278053) SANDEEP PATTANAIK (159278084) Q1: Do HRM SWOT? Answer: HRM SWOT Analysis Strength Weakeness •Promoted its top leaders from its own rank •Meritocracy-based practices •Emphasis on education (on/off-the-job training) at all levels •Decentralization of authority and responsibility •Ease of switching division/business, location
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Jack Welch Biography Jack Welch was CEO of General Electrics for 20 years and known as one of the best business leaders of all time. He made GE one of the most profitable companies in the world. Jack Welch was born in Salem, Massachusetts in 1935. During his schooling life he attended Salem High School and after graduating moved on to study for a Bachelor of Science degree in chemical engineering at the University of Massachusetts. Next Welch moved on to the University of Illinois to complete
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1.) How difficult a challenge did Welch face in 1981? How effectively did he take charge? When Jack Welch accepted the position of CEO of GE in 1981 he faced a number of looming challenges which firstly included taking the reins of the company following a complete reorganization by a strong, successful predecessor. The second major challenge he faced was the new globalized marketplace in which GE had to compete. Welch had to act fast before GE's territory was taken over by global growth from foreign
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The Revolution that Began from the Top Jack Welch planned to launch a revolution at GE from the day he took over the company and wasted no time in executing his plan. No one in American business had the vision to transform a basically healthy major company, to fix something that wasn't broken. Welch's revolution began from the top. He made GE leaner, tougher, faster more competitive – with fewer people, fewer business units, few managers, and more leaders. Though to many GE had been an icon, a
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Entrepreneurial School of Thought This school sees strategy formation as a visionary process and is fell under the descriptive school of strategic management. The chief architect of the strategy is the CEO of a company. This school took formal leadership seriously and CEO is responsible for strategy formulation. It stressed on mental state and processes such as instinctive knowledge, belief, wisdom, experience and insight of a single leader. The leader should be visionary in formulating strategy
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consumer Finance, GE healthcare, GE Industrial, GE Infrastructure and NBC universal) each of which contained different units. There are numbers of divisions under each unit. Each business has global responsibility for its operations meaning there are no general management roles in the country operations and each business or function managers of specific business
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Guidelines for Course Paper: General Electric in Australia (60 points) This paper must be e-mailed to me as an MS-Word document before June 14, 2015. You may use any reference materials that you wish and consult with other people for help, but the document must be written by you. Write the answers in your own words. Do not cut and paste sentences from Internet sources. Answer the questions as if you were the Country Manager in Australia for the General Electric Corporation. You decide which
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Managerial Analysis General Electric Company (GE) . Principles of Management (MGT 1120) Name: Caleb M Bruce Date:11/30/2015 Company Background 1. General Electric Company (GE) international headquarters is located in Fairfield, Connecticut 06828 at 3135 Easton Turnpike. Being among the largest multinational corporations, it conducts business internationally in Angola, Australia, Brazil, Canada, China, Indonesia, Korea, and the United States of America as well as in six of the seven continents
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Introduction Company description General Electric Co. is a technology and financial services company that develops and manufactures products for the generation, transmission, distribution, control and utilization of electricity. Its products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products. The company operates through eight segments: Power & Water, Oil & Gas
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The Dream Liner September 20, 2011 AVS 2150 The Boeing 787 is perhaps the most advanced commercial airline of its type ever developed. Boeing has incorporated many improvements in its design making it a very economical and beneficial investment for any airline company. Boeing included several advanced technologies that enhanced the performance of the 787, allowing a takeoff weight of 545,000 pounds, which allows for 290 passenger occupancy
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