Ge, Jack Welch's Leadership Essay

3077 words - 12 pages

1. IntroductionLeadership is motivating and guiding people to reach a shared goal, and it influences them while operating to meet organizational requirements and improving the organization through change. The end of the 20th century saw economic boundaries between countries crumble, as businesses became more complex, global, and knowledge driven. Leaders should realize that if their companies are to survive in this environment, they must make decision quickly, and they have to continue to make change.This study examines leader, leadership, and leadership styles through study in the two decades of change at GE, while led by its CEO Jack Welch from 1980's until end of twenty century. Even it not completely, yet, Jack Welch's charismatic leadership is very much admired; the way of his management is worshipful that should to learn by us. I found that there is no ideal leadership style could fit in any organization; it should refer to different situation.2. Lecture Review2.1 Management Theories2.1.1 Organizational Structure: Tall versus Flat OrganizationBureaucracy is a form of organization characterized by a rational, goal-directed hierarchy, impersonal decision making, formal controls, and subdivision into managerial positions and specialization of labor. Bureaucratic organizations are tall consisting of hierarchies with many levels of management.Flat structure with only one or two levels of management, it emphasizes a decentralized approach to management that encourage high employee involvement in decisions. The purpose of this structure is to create independent small businesses or enterprises that can rapidly respond to customers' needs or changes in the business environment. (DuBrin, J., Andrew, 2006).2.1.2 Quality Program- Six SigmaSix Sigma simply means a measure of quality that strives for near perfection. "Six Sigma is a disciplined, data-driven approach and methodology for eliminating defects in any process -- from manufacturing to transactional and from product to service. To achieve Six Sigma, a process must not produce more than 3.4 defects per million opportunities. A Six Sigma opportunity is then the total quantity of chances for a defect. Process sigma can easily be calculated using a Six Sigma calculator."(Available from: http://www.isixsigma.com, [June 26, 2006])2.1.3 Family valued vs. performance based cultureFamily valued based culture is refers to the original culture of the company accumulated through long term, organizations are managing by stick up on certain rules and basic strategies move step by step and instill family values as the corporate culture. These organizations claim "people first". Most of organizations provide life-time employment, the leaders tend to paternalistic.Management in performance based culture organizations is strongly committed to creating conditions and consequences that sustain strong performance. Desired performance is fostered and rewarded; poor performance is not tolerated. "Organizations with...

Find Another Essay On GE, Jack Welch's leadership

"Jack: Straight from the Gut" A book review

4934 words - 20 pages ) in that period generally performed exceptionally well. For all the hype and hoopla, GE managed to rank only fifty-fifth in the list of exceptional annual rates of returns to investors in the 90's- Jack Welch's tenure. Considering that the performance, though good, had been outdone by some of the previous CEOs (if we must persist in giving the credit to the CEOs only) and was outshined by many companies in the same period, the human costs at which

Bounderyless Leadership Essay

958 words - 4 pages ’s Leadership. Harvard Business School, 9-399-150, p. 8.Byrne, A. (2007) Jack straight from the gut. Interview with Jack Welch. http://www.straightfromthegut.com/meet/meet_qa.htmlKrames, J. A. (2000). Welch's Successor Is Likely to Succeed. Wall Street Journal (Eastern Edition), p. A.26. Retrieved from ABI/INFORM Global database.Hoggarth, J. (2005) Talk is cheap, but poor communication costs companies real money. Retrieved from http://www.comensa.org.za/Articles/article1.htmWelch, John F. Jr. (1996). Big is beautiful. Executive Excellence, 13(10), 5. Retrieved from ABI/INFORM Global database.

GE and Jack Welsch

968 words - 4 pages business sectors.Early GE Restructuring EffortsWhen Jack Welch became CEO of GE, he implemented a new set of standards throughout the organization. Accordingly, each business had to become #1 or #2 in its industry or disengage. Thus, a "fix, sell or close" strategy was put in place. In Welch's words, GE needed to become lean and agile in order to compete effectively in the market. Therefore, between 1981 and 1990, 200 businesses were divested, 370 were

GE Case Study

1798 words - 7 pages calmed things down a little from the Cordiner years. (Crainer, 2009).Jack Welch, former CEO of GE became famous for many aspects of his business career. He introduced the theory of forced ranking or forced distribution. Under Welch's leadership, employees were stretched to the brink of impossible hence the nickname "Neutron Jack." Managers were pushed to produce or moved to another suitable position, and sometimes they were fired altogether. There was

General Electric's Quality Gamble

2848 words - 11 pages goal of six sigma in the year 2000 they will add between 8 to 12 added to the bottom line. In conclusion, GE has decided to ride Six Sigma into the next century. The year 2000 is the deadline for reaching Six Sigma, which is also around the time its CEO Jack Welch plans to retire. If GE's quality gamble pays off, Jack Welch will go out a winner, leaving behind his most admired company on top. Reference "The Enigma of Six Sigma." (1999, May). Business Today. Online Romeo, Mary. Six Sigma Quality. GE Capital FMP Conference, Stamford, 1999. Curran, John. "GE CAPITAL: JACK WELCH'S SECRET WEAPON." Fortune July 1999.

Jack Welch

1213 words - 5 pages . Another step easily implemented to energize individuals and the organization as a whole is to create an informal work environment. Welch believes that formality stifles energy and creativity. Our organization just announced an "innovation award" which aligns with Welch's belief that achievements are reached and increased by the ability of leaders to recognize and celebrate great accomplishments.The third "E" in Welch's leadership qualities is "E

Do Leaders Matter?

1512 words - 6 pages dissimilar authors have differing opinions on who is, or how to become a leader. Jack Welch, former General Electric CEO, believed that in every leader should personify his qualities that he called the 4E’s of leadership. He even created a management training institute in order to give all his managers the proper training in his techniques. “Crotonville, served as a forum for the sharing of the experiences, the aspirations, and, often the

Foundation Schools Project

764 words - 3 pages managers to deliver results, those that did not would not be with the company over the long-term (W.P. Carey, 2007). This approach was not unique to Jack Welch as this was and is the expectation of many corporate CEO's, what set Jack Welch and General Electric apart from the rest was that Jack expected those results to be achieved while treating people with respect and dignity (W.P. Carey, 2007).Jack Welch's idea of gaining results through the

Jack Welch

602 words - 2 pages What is Jack Welch’s mission and how did he approach it?An employee of General Electric [GE] since 1960, and CEO since 1981, Jack Welch became a business icon in his strategic revamping of the GE Corporation. Welch quickly advanced GE into a true total quality management style. He whittled 29 levels of bureaucracy to six levels, streamlined processes, cut expenses, and implemented the Six Sigma training program to their personnel at all

What Makes Jack Welch an Effective Leader?

962 words - 4 pages retired last year is what is called wealth creation – big time.” Without Jack, GE couldn’t have today’s accomplishment. What makes Jack be a leader? • Personality According to the “trait theories of leadership” in the textbook, six traits have been identified as being consistently associated with leadership: 1) ambition and energy; 2) the desire to lead; 3) honesty and integrity; 4) self-confidence; 5) intelligence; and job-relevant

Customers and CRM in GE.

4642 words - 19 pages Executive Summary.Business today has evolved to become more customer oriented. Companies are shifting towards the customer segment focusing on customer relationship management, customer lifetime value and customer retention.General Electric (GE), a diversified company and already so successful in the old economy, was not spare from the shift either. Its former CEO, Jack Welch, executed a series of changes in the company to prepare GE for the

Similar Essays

Ge's Two Decade Transformation: Jack Welch's Leadership

823 words - 3 pages CENTRAL ISSUEHow to sustain the dynamic change and growth of GE after Jack Welch's tenure as CEO?II. AREAS OF CONSIDERATIONA.Jack Welch's leadership - aggressive, demanding and effective management style as articulated in his four (4) strategic initiatives namely:1.Globalization - by acquisition of foreign corporation and divestiture which in turn made GE earn global revenues which are three times higher than its domestic US sales.2.Services

Ge's Two Decade Transformation: Jack Welch's Leadership

530 words - 2 pages ," or "hourly," which he thought only got in the way of people working together. He had an intense focus on people. Jack Welch led with integrity and had a true passion for GE. With Welch's retirement approaching fast, GE found itself asking the question, "Where do we go from here?"The Issue at HandIn September 2001, Welch resigned his seat as CEO of General Electric. The company's performance during his tenure was astonishing. Looking back, he

Ge's Two Decades Essay

4284 words - 17 pages present under the leadership of two very different but equally influential CEOs-Jack Welch and Jeff Immelt. The essay is organised in four sections. The first section describes GE's corporate strategy from 1981 to 2001 with Jack Welch as CEO, followed immediately by a critical analysis of Welch's strategic approach in the second section. The third section then describes GE's corporate strategy from 2001 to present with Jeff Immelt as CEO, followed

Jack Welch Human Resource Leader Essay

2658 words - 11 pages had passion and integrity for GE. Of the Ten Commitments of Leadership, laid out by Kouzes and Poszner (2002) in the book, "The Leadership Challenge," serving as a guide on how leaders get extraordinary things done in an organization, I will examine the seven I see as the most important. The strengths and style of such a remarkable leader like Jack Welch compare to these commitments with great accuracy, as he has followed them throughout his