Change Management at General Electric
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This paper analyzes the leadership of Jack Welch and highlights his successful approach to managing General Electric. The paper then focuses on the succession of Jeffrey Immelt to GE's management and predicts the future of GE under his management. The paper considers the management theory behind Welch's approach to change management and discusses whether this approach will work in the days ahead for GE.
From the Paper:"When Jack Welch succeeded Reg Jones as General Electric's CEO in 1981, he had many strategic plans to change the management at GE. After 26 consecutive improved financial quarters and guiding GE through two recessions, no doubt Welch has proved himself an innovator in managerial design and organization. Welch's approach to change however, did not take the laid back "calm water" approach, where change is about unfreezing permanent management practices, induce change and then freezing the changed organization for permanency. Welch differed from his predecessors in the sense that he changed GE operation by operation, management layer by management layer and people group to people group. The basic vision is to leave the GE inherent structure in tact while changing business organization to accommodate the foreseeable change in the environment. Welch anticipated environmental change and hence geared his company to accommodate it accordingly. This could only be done through a Six Sigma model and innovative business model that Welch devised. [Bock, 2001]."
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Change Management at General Electric (2003, October 09) Retrieved December 08, 2022, from https://www.academon.com/analytical-essay/change-management-at-general-electric-36497/
"Change Management at General Electric" 09 October 2003. Web. 08 December. 2022. <https://www.academon.com/analytical-essay/change-management-at-general-electric-36497/>