Analysis Of Jack Welch's ' Winning '

After its mission statement, the company enumerates its values in support of the mission statement. The values are the following:

The company has mission, vision as well as core values. Its mission focuses on creating a conducive environment where guest satisfaction is its highest priority. Its vision focuses striving hard in order to surpass its own accomplishment for the purpose of recognition in the industry as the leader. Lastly, its values are passion of excellence, integrity, respect and responsibility, people, service-Mindedness, Dynamic leadership and high performance (Kliman, 2006). The company's mission, vision and core values help in bringing together all the employees towards achieving a common goal. In addition, they help them to remain focus to certain objective (Gabriel, 2008). This has

The degrees to which these values are upheld also pose as a challenge to management and employees. Although both parties may agree to these established values, employees may be faced by situations where their personal and cultural values may contradict with the degree as to which the organizational values are upheld. The main challenge here is setting priorities among the values and objectives of the organizations or the people involved. Making the best decision suitable for the situation and the people concerned requires critical analysis of the factors (values, objectives, and people) involved.

The fundamental ideologies of a capitalist corporation can vary from company to company, but typically all have the same underlying purpose – to make a profit. Often, a business’ ideologies are expressed in the form of an organisational vision or mission statement – a simple statement demonstrating to the public, and reminding the employees, the goal of the organisation. These vision or mission statements usually look at the ‘bigger picture’ of what an organisation wants to achieve. Examples being:

Our mission is to be successful and profitable, but will not do so by unethical means. We will operate responsibly and honestly. Our company strives to be socially and economically responsible, and these goals can only

The values of the organization express its culture and act as guiding tenets for influencing thoughts and behaviors. Values define the character of the team. In crafting a values statement for my organization, I must consider the following: loyalty, duty, respect, selfless-service, honor, integrity, personal courage ethical behavior, relationships, success, and

A quote that relates to organizational values or mission comes from the article "A general model of organizational values in educational administration": "the phrase ‘‘organizational values’’ could be applied in reference to groups or organizations, such values are thought of as being known, understood, and expressed in context of the behavior and experience of individuals."(Mueller, 2014, pg.649) The reason why I picked this quote is that it agree with the fact that people derive their workplace values from the behavior and experiences of those that lead them. What this means is that the leader and their actions does determine what the behaviors of the organization are.

In examining the correlation between the manner in which we conduct business and the principles to which we personally ascribe, it is undeniable that we are inextricably impacted by our respective familial upbringings, social environments and academic influences. Because values play such an important role in our lives, being able to recognize, understand and articulate one’s own values set becomes critical in sound decision making. Additionally, the ability to identify an employer’s corporate

Values define what the organization does, what it aspires to be, how it will grow, and what it considers important

It does not define the entire plan but is recognized as “…an essential first step in the strategic management process” (Cochran, David, & Gibson, 2008). My mission statement is also not a one-and-done but evolves as I evolve in life and career. It is, in fact, a living document (King, Case, & Premo, 2010). My mission statement, furthermore, reflects my goals and answers the core question, “What do [I] want to become” in terms of my personal conduct and behaviors, and in how I touch and enrich the lives of those I interact with on a daily basis

Answer: Three main characteristics of the winner have succeeded as a successful company they are:

Detailed examination of the impact Jack Welch has had as CEO over the past twenty years reveals a leadership style that is the driving force behind a

Jack Welch’s vision of what GE was possible of gave the company a vision for twenty years while he was the CEO and chairman. He states, “leaders make sure people not only see the vision, they live and breathe it.” (Winning, pg 67) He not only allowed for employees to stretch, but demanded it. In teaching workers to stretch Welch knew that workers “may fail. In fact, they probably will fail. But stretching, and stretching the business, is going to improve performance results.” (Jack Welch on Leadership, pg 105) He also states that “only by setting the performance bar high did it become possible to discover people’s capabilities.” Jack Welch’s emphasis on candor and breaking the bureaucracy of modern business separated him from his contemporaries. He excited others of the possibility of being the biggest and best company in the world and rewarding his best employees that shared the values of GE. According to FORTUNE Editorial Director Geoffrey Colvin In "The Ultimate Manager, Welch leads the annals of management history not for anticipating the new world's changes ahead, but for acting on them: "His great achievement is that having seen it, he faced up to the huge, painful changes it demanded, and made them faster and more emphatically than anyone else in business. He led managers into this new world, which we still inhabit, and just as important, he showed business

A company 's values are the beliefs, traits, and behavioral norms that company personnel are expected to display in conducting the company 's business and pursuing its strategic vision and strategy.

An individual’s effectiveness in the workplace often depends on his/her personality, attitudes and values, along with his/her motivation to succeed. Concurrently, the perception, attitudes and values of colleagues in the workplace play a role in determining the individual’s effectiveness. Understanding these characteristics of employees can be very crucial for organizations to operate successfully. At the same time, it is essential that employees understand the values associated with the organization in order to avoid any conflicting feelings toward the work they are employed to do. By recognizing and appreciating each other’s characteristics and constraints, employees and the organizations they are part of, form a highly-beneficial