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Act 563 Course Project

In:

Submitted By LionRock1985
Words 5861
Pages 24
Course Project General Electric (GE)

Table of Contents
Phase 1 Initial Survey and Engagement Development Pages 1-4
Phase 2 Planning Phase Pages 4-8
Phase 3 Work Program Phase Pages 8-12
Phase 4 Field Work Phase Pages 12-19
Phase 5 Findings and Recommendations Pages 19-20

General Electric (GE) seems to be a very high profited company which seems to be growing in profitability based on the way they do business and how they train their employees to be the best at what they do. Based on the articles I have read GE prides itself in training and leading its employees to grow and mature. The culture seems very open to smart and talented business professionals. “If businesses managed their money as carelessly as they manage their people, most would go bankrupt.& The authors believe that for a CEO it is in your and your company's best interest to know what your employees are capable of. This is done by having a file on each employee - not just the basic information, but having interviews with colleagues and superiors. An example is the CEO of General Electric's appliance wing, Larry Johnston. When he decided to quit, the heads of General Electric knew exactly who the candidates were to replace him. On the same day General Electric announced his resignation they also announced his replacement. This is done through what Conaty explains as General Electric's Operating System which has three main phases: people; strategy; and operations and budgets.” (2) This shows to me that General Electric believes in its employees and gives them training and leadership skills as they grow with the company. “Talent masters have six principles: (1) enlightened leadership starting with the CEO; (2) meritocracy through differentiation; (3)working values; a culture of trust and candour; (4) a business partnership with human resources; and (5) continued

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