Case Study GE’s Two-Decade Transformation: Jack Welch’s Leadership By For BUS 463 - AE Contents Summary of Background and Facts General Electric General Electric (GE) occupied the eighth spot on Fortune 500’s list of companies at the close of 2013. While number eight was a slide from 2012’s number six GE maintains its position, as one of the world’s largest and most influential corporations. Today, GE’s operates in over 160 countries and is led by Jeffery Immelt. During
1 GE’s Two Decade Transformation Team Globalization Case Analysis GE’s Two Decade Transformation: Jack Welch’s Leadership Yasmine Abdo Al-Kouraishi Muhammad Howard Steven D. Johns Kenneth V. Oliver Kimberly N. Lomax AMBA 670 Managing Strategy in the Global Workplace July 25, 2012 2 GE’s Two Decade Transformation Executive Summary Team Globalization has conducted an in depth analysis on General Electric 's (GE) two decade transformation achieved by the company’s former Chief Executive
9-399-150 REV: MAY 3, 2005 CHRISTOPHER A. BARTLETT MEG WOZNY GE 's Two-Decade Transformation: Jack Welch 's Leadership On September 7, 2001, Jack Welch stepped down as CEO of General Electric. The sense of pride he felt about the company 's performance during the previous two decades seemed justified judging by the many accolades GE was receiving. For the third consecutive year, it had not only been named Fortune 's "Most Admired Company in the United States," but also Financial Times ' "Most
1 GE’s Two Decade Transformation Team Globalization Case Analysis GE’s Two Decade Transformation: Jack Welch’s Leadership Yasmine Abdo Al-Kouraishi Muhammad Howard Steven D. Johns Kenneth V. Oliver Kimberly N. Lomax AMBA 670 Managing Strategy in the Global Workplace July 25, 2012 2 GE’s Two Decade Transformation Executive Summary Team Globalization has conducted an in depth analysis on General Electric's (GE) two decade transformation achieved by the company’s former Chief Executive Officer
This case study follows General Electric, and the transformation that company made over two decades of business. General Electric was founded in 1878 by Thomas Edison, and according to the case study, “[GE] grew from its early focus on the generation, distribution, and use of electric power to become, a hundred years later, one of the world’s leading diversified industrial companies” (Wozny, 2005, p.1). General Electric grew its name in business through their work in power generation, lighting, and
Introduction General Electric (GE) is one of the most successful companies in the world and a large diversified multinational conglomerate. GE is broken into 9 business sectors, Global and Growth Operations, GE Capital, Healthcare, Oil & Gas, Power & Water, Energy Management, Appliances & Lighting, Aviation and Transportation. Once regarded as the most valuable company in the world in terms of market capitalization, GE’s performance has recently started to decline. We recommend that GE divest underperforming
INTERNATIONAL JOURNAL OF BUSINESS, 12(1), 2007 ISSN: 1083−4346 General Electric Performance over a Half Century: Evaluation of Effects of Leadership and Other Strategic Factors by Quantitative Case Analysis Richard H. Frankea, Anthony J. Mentob, Steve M. Prumoc, and Timothy W. Edlundd abc Department of Management and International Business, The Sellinger School, Loyola College; 4501 North Charles St., Baltimore, MD 21210 rfranke@loyola.edu, amento@loyola.edu, steve.prumo@verizon.net
three words Dismal, Denial, and Diswoned! Mr. Jack Welch’s, reigned as Chairman and CEO of GE during the years of 1981-2001, taking over from his predecessor Reginald H. Jones. Regarding the case of GE’s dumping of PCB’s into the Hudson, a rather frosty Welch negotiated with the state of New York, settling to pay a mere $3 million dollars for the damage caused to the Hudson River. According to Cray (2001), “GE executives probably hoped the deal would bury the issue forever, and that everyone concerned
Overview General Electric Company (GE), founded on April 15, 1892, as a result of the merger of American Inventor Thomas Alva Edison 's Edison General Electric Company and Thomson-Houston Electric Company is an American Multinational Conglomerate. The diversified infrastructure and financial services company produces products and services that consist of oil and gas production equipment, household appliances, power generation, medical imaging, industrial products, business and consumer financing
Mini Case Study Can GE Remake Itself as a Digital Firm? General Electric (GE) is the world 's largest diversified manufacturer. Fortune named GE "America 's Most Admired Company" in 1998, 1999, and 2000. Jack Welch, GE 's CEO and Chairman since 1981, is often cited as the most admired CEO in the United States. Headquartered in Fairfield, Connecticut, the company consists of 20 units, including Appliances, Broadcasting (NBC), Capital, Medical Systems, and Transportation Systems. With the acquisition