Welch Vison for Ge

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Welch Vison for GE Cassandra Brown MGT/312 – Organizational Behavior for Managers 9/21/2014 Francis Fletcher Abstract In 1981 when Reginald Jones promoted Jack Welch to take over the GE (General Electric) little did the business world know that a once prosperous company would turn in to one of the largest companies in the world today. Welch’s three step process; his vision, increased the company profits from 26.8 billion dollars in revenues to 130 billion dollars in revenues in his 20 years at GE. With his primary focus on control, Welch took on quality, performance, productivity, cost control and enhanced GE’s technology which increased the overall profits in a depressing economic condition. Welch Vison for GE Jack Welch started working for GE (General Electric) in 1960 as a chemical engineer, and in was GE’s youngest VP in 1972; until Reginald Jones saw Welch’s potential and his drive in 1981, when Jones promoted him to run GE. Welch had a vision to create the largest company in the world to transform it into the greatest company in the world. Welch was considered to be a legendary leader that would end up surpassing Jones. Welch understood what it was going to take, the changes that had to be made, and how to put them all together to make his vision come true even in a poor economic situation by strategic execution. Welch did that by using a series of techniques and strategies. Welch knew what it was going to take to put GE on the map to be the most profitable company in the world. He focused on quality, performance, productivity, technology and cost control to fix the operational issues that GE was currently facing and with the use of the six sigma technique the company flourished. GE the Early Times While the company was doing very well under the control of Jones, there were still some issues that they faced. Poor economic

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