Sunday, January 5, 2020

Organizational Behaviour a Look at Ge - 2236 Words

Organizational Behavior: A look at General Electric In the history of corporations few companies have demonstrated the staying power and tenacity as General Electric (GE.). Of the companies that originally appeared when the Dow Jones Industrial Average was rolled out in 1896 only GE is still doing business today. (General Electric, 2007) GE’s 125 year run has not been spotless. GE, like any long lasting organization, has had many ups and downs. GE’s past has at times been glorious and at other times has been dark and manipulative. â€Å"GE traces its beginnings to Thomas A. Edison, who established Edison Electric Light Company in 1878. In 1892, a merger of Edison General Electric Company and Thomson-Huston Electric Company created General†¦show more content†¦The fundamental problem could have been summed up by the idea of trying to squeeze orange juice from the rind. Individual employees and managers could not keep up and the company was quickly digging a deeper hole. By 1988 the problem could no longer be ignored. Jim Baughman, the head of GE’s management development center was charged with the task of correcting the problem. â€Å"In a memorable conversation, Welch and Baughman said to each other, ‘Let’s find a way to get work out of the system.’† (Ashkenas, 2002) The innovative system seemed clear: Teams. Teams would help to reduce the individual work load and get work through the system. The new team approach was aptly named, â€Å"Work-Out.† The â€Å"Work-Out† team approach created by Welch and Baughman utilizes small cross-functional teams that investigate problems. The teams generate ideas and solutions that are presented to the decision makers in an informal â€Å"town meeting† The informal nature of Welch and Baughman’s team approach was created with the clever notion that GE should be run not like a huge conglomerate, but rather like a small company. The vision (which is still being pursued by GE today) was to create a team environment that was not restricted by departments, business units or company leadership. By the mid-1990s it was clear that the â€Å"Work-Out† system was having a profound positive impact on GE. Teams, innovating and working without traditional limitations was saving the company.Show MoreRelatedGe’s Two Decade Transformation: Jack Welsh’s Leadershipge’s Two Decade Transformation: Jack Welsh’s Leadership1377 Words   |  6 PagesIntroduction GE was founded in 1878. It has grown multi folds since the time of inception. It has been named as â€Å"Most Admired Company in Us† and â€Å"Most Admired Company in the World†. It has companies in the field of electricity production, electric appliance, lighting, aircraft engines, medical system, and diesel locomotives. GE has 43 independent SBU (Strategic Business Unit). Despite all these variations available there was steadfast growth in the company. The management practices in GE were consideredRead MoreBusiness1501 Words   |  7 PagesGeneral Electric (GE) was founded in 1892 from the merger of Thomas Edison’s Electric Light Company with the Thomas Houston Company. Their business was based upon exploiting Edison’s patents relating to electricity generation and distribution, light bulbs, and electric motors. In 2005 and 2006 GE was Fortune’s â€Å"Most Admired Company.† Now it is an advanced technology, services and finance company de dicated to innovation in energy, health, transportation and infrastructure. GE operates in more thanRead MoreJack Welch and Transformational Leadership Essay3401 Words   |  14 Pagesuseful in identifying the personal characteristics, the leader and follower values and the situational factors that contributed to his success. This paper will analyse Welch’s leadership of GE using the framework of transformational leadership. 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For the purpose of analysing strategic management in action, this report focuses on its Aircraft Engines (hereinafter referred to as â€Å"AE†) and Medical Systems (hereinafter referred to as â€Å"MS†) business units – a subset of its ‘Technology’ segment.    Its macro-forces (sluggish economyRead MoreOrganisational Behaviour - Essay3682 Words   |  15 PagesORGANISATIONAL BEHAVIOUR – ESSAY Essay Topic: One set of authors state that â€Å"An organisation’s ability to manage change will have a significant effect on its performance and prosperity† (Graetz. F., et al, 2006, p2 in Grates F. et al, 2006, Managing Organisational Change, John Wiley Sons, Australia), whereas another author claims that few corporate change efforts have ever been successful (Kotter, J.P., 2005, ‘Why Transformational Change Efforts Fail’, Harvard Business Review, March-April

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