How Jack Welch structured organization best practices and his executive team:
At GE when speaking about best practice Jack Welch used the Trotter Matrix to measure best practices. The Trotter Matrix is a scorecard method, each attribute had a score. The Matrix is as follows (Schlieder):
Aware of best practice: no plans to adopt
Plans to adopt: no current activity
Current activity on best practice
Best practice implemented on some product lines
Best practice implemented on all product lines
Model site for best practice
When Jack Welch became CEO at Chairman of GE he knew the challenges he had ahead of his, because major restructuring was needed. Some of his restructuring included a new operating structure. Not only did he implement a new operating structure he also applied new techniques when choosing his executive team. Jack hand picked his team and become very intimate with the executives. He sought his team vs. the usual promoting within, took them in trained them to his methods and oversaw everything they were doing. He took a very hands on approach which was miles different from the old GE. Beyond the new operating structure and executive team, he also, "treated GE as a smaller organization and had the exact knowledge of wh...
... middle of paper ...
... for the company, it open up teams to make this happen. This became a very large project for the company and continues to be an ongoing opportunity for teams.
Jack was a big believer of training programs. He had an special executive team training procedure. This executive training procedure. Jack had a very special hand in training employees for his executive positions. He kept tabs on over 3000, developed successive planning and had his own institute.
In conclusion, we can find from this look at Jack Welch, he utilized several different techniques when it came to communication, structure and team building. It never seemed that Jack Welch was the kind of leader who stuck with one specific style or techniques. Using these different methods, really helped the employees feel free to explore their surroundings, making GE a very successful company.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- ... VMOSA stands for Vision, Mission, Objectives, Strategies and Action Plans (Nagy 2015). The reason why I think it might have been good for GE to adopt this model because, it really helps fellow employees really understand what kinds of changes are being brought to their company. Jack was making so many changes, and some felt blindsided by it all, perhaps this VMOSA plan might have helped ease that transition. Jack Welch 's Personal, Political, and Positional Power and Culture Organization. There is no doubt that Jack Welch was all about the power, and this power helped structure GE and it 's culture in a way never seen before.... [tags: Strategy, Management, Best practice]
1522 words (4.3 pages)
- What Makes Jack Welch an Effective Leader. ---ideas from the article “Will Legacy Live On?” Before I talk about what makes Jack an effective leader, I want to explain briefly why I chose him as my study subject. Why do I like him. Jack Welch created a new model for business leaders everywhere. His genius leadership and management techniques are an example to anyone aspiring to a successful career. Why is he so famous. He became the youngest CEO and Chairman of one of America's biggest and most respected companies (General Electric) at age 44, and successfully rewrote the rules of what an incredibly profitable and successful company should be, and had fun in the process.... [tags: GCSE Business Marketing Coursework]
966 words (2.8 pages)
- ... And the best way to play your hand is to face reality-see the world the way it is-and act accordingly." (p.3). Welch 's idea is not different from Peter Senge 's assumption, he referred it as "Creative tension." Senge discussed in his article The learning organization that “creative tension comes from seeing clearly where we want to be, our vision, and telling the truth about where we are, our “current reality”. (Page 4) Senge continues to say that “Creative tension cannot be generated from vision alone; it demands an accurate picture of current reality as well”.... [tags: Management, Leadership]
1138 words (3.3 pages)
- Career Biography of Jack Welch Management guru Jack Welch, former CEO of General Electric, has been instrumental in forming today’s top business management leaders by imparting effective knowledge in leadership management; he is widely credited with transforming GE into a multibillion-dollar conglomerate. I. Jack Welch – Who is the man. A. Biography – 1.Born in Salem, Massachusetts, in 1935. a. Growing up – The family lived in one of the poorer neighborhoods of Salem, Massachusetts.... [tags: General Electric Business Management Essays]
2767 words (7.9 pages)
- Jack Welch and the GE Way When Jack Welch was named CEO of General Electric, Welch saw a company in trouble even though the business world saw GE as an intrinsically healthy corporation, secure in its position as a world industrial leader. Welch knew that the company was too large to fail yet GE was too unwieldy to adapt for further growth. The changes he instituted restructured and revolutionized GE and made Welch the most respected CEO in business today. After reading the book there were three parts that really stood out for me.... [tags: Managing Case study business Essays, solution]
1597 words (4.6 pages)
- Jack Welch a great leader. As it is always stated, leaders are not always from birth but they are made too. Jack Welch is a glimmering example of the latter. The leaders also have high level of empathy, vision, ethics, hard working mentality and a respect for past. While going through the passage, it was found that Jack Welch’s immaculate leadership did have some flaws. Strength of any strong building lies in its foundation and so does leadership. It can be seen from the passage that Jack was very competitive and could not stand a raise of $1000, the same amount given to his colleagues and to prove this point he quit.... [tags: Biography]
1029 words (2.9 pages)
- Early life and career Jack Welch was born in Peabody, Massachusetts to John, a Boston & Maine Railroad conductor, and Grace, a housewife. Welch attended Salem High School and later the University of Massachusetts Amherst, graduating in 1957 with a Bachelor of Science degree in chemical engineering. While at UMass he was a member of the Alpha chapter of the Phi Sigma Kappa fraternity. Welch went on to receive his M.S. and Ph.D at the University of Illinois at Urbana-Champaign in 1960. Welch joined General Electric in 1960.... [tags: GE General Electric CEO]
1161 words (3.3 pages)
- Jack Welch (CEO of GE) John F. Welch, Jr yang kemudian dikenal dengan nama Jack Welch lahir pada tanggal 19 November 1935 di Peabody, Massachusetts, dari keluarga buruh Katolik dan dibesarkan di Salem. Ayahnya bernama John Welch ( bekerja sebagai seorang mandor pada pembangunan rel kreta api ) dan ibunya bernama Grace Andrews. Welch adalah seorang yang berkebangsaan Amerika. Sebagai seorang anak dia menerima perhatian penuh dari orangtuanya secara khusus untuk hal-hal yang baik dan juga hal-hal yang terburuk.... [tags: Foreign Language Essays]
1464 words (4.2 pages)
- Jack Welch was born on November 19, 1935 in Salem, Massachusetts. After graduating high school, he studied at the University of Massuchusetts and received a bachelor's degree in chemical engineering in 1957. He immediately moved to Illiois, where he receive his Master's degree and Ph.D. in chemical engineering. In 1960, Jack started working at General Electric for a starting salary of $10,500. He was very unhappy working for GE due to the low wages and the bureaucracy of management. When Reuben Gutoff, an executive above him, learned that Jack was thinking of leaving GE, he took him out to dinner and convinced him to stay after a four hour conversation.... [tags: essays research papers]
447 words (1.3 pages)
- Jack Welch - Leadership Secret 1- Harness the Power of Change It is important in today’s changing economy that business leaders are not afraid to make necessary changes to succeed. When Jack Welch became CEO of General Electric in 1981, it was a lethargic business, satisfied with its output and entangled in bureaucracy. He understood the competition that overseas markets presented and the need for a new global strategic plan. He was able to envision the true potential of his resources and implemented drastic changes such as the Stretch, Work-Out, and Number One, Number Two business concepts (which will be discussed later) to achieve his goals.... [tags: GCSE Business Marketing Coursework]
2605 words (7.4 pages)
- Categorization As A Manifestations Of Governmentality. Edward Said 's Orientalism
- An Investigation Discharged Toward The Urban Foundation For Walk 6
- The Search For Healthy Living
- The Between Plato And Socrates
- Victorian Health And Wellbeing Plan 2015
- The Effects Of Recycling On The Environment And Natural Habitat