Leadership Development Essay

Submitted By pukky17pukky
Words: 786
Pages: 4
Open Document
EXECUTIVE SUMMARY
General electric company (GE) is a very diverse firm involved with technology and financial services ranging from engines, power generation, water processing, and household appliances to medical imaging, business and consumer financing. It is one of the worlds most admired corporation.
GE was founded by Thomas Edison who was succeeded by other leaders as the years passed. Among these leaders were Charles Coffin, Ralph cordiner, Fred Borsch, Reg Jones, jack welch and Jeff Immelt. Various methods were implemented by these capable CEOs, which is responsible for the on-going success of GE. More Issues will be discussed in this study as to what some of these leaders contributed to the growth of the company and as well as their system of sustaining growth.

INTRODUCTION
GE is particularly known for its talent management, training programs and their system of using their human resource for growth, The purpose of this report is to critically examine the GE’s system of leadership development based on its talent machine and also how to evaluate the Leadership, Innovation and Growth (LIG) program has helped the company to manage change situation drawing on relevant journal articles and literature.

LITERATURE REVIEW

BACKGROUND OF GENERAL ELECTRIC (GE)
General electric (GE) is one of the worlds most admired corporations, apart from the fact that it’s a valuable business organization, the company is known for its production of talented and capable leaders as wells as its continuous development of top management. These practices were deeply rooted in the cultural values laid out by Charles Coffin (CEO) who succeeded the founder, Thomas Edison. The GE’S practice of making the development of top management a top priority placed their human resource practices under the most sophisticated in the world even though it experienced significant changes in the last half of the 20th century.

Coffin dedicated his time in the organization to creating a system within the organization to measure performance and reward employees based on the performance. The expansion of their business into other areas put strains on their centralized management structure so the structure was changed to a decentralized form. With this, various responsibilities were transferred to managers of 100 department level businesses which led to the efficiency of the company management. He also built the first corporate university for the education and development of management. Fred Borsch succeeded Coffin, he worked towards strengthening the decentralized management structure to implement another round of diversification which gave GE room to expand into other business areas, and his approach to strategic planning was by creating a corporate Manpower staff to give him reports as the CEO. A formal and structured approach was introduced to strategic planning by Reginald Jones who succeeded Borsch, he introduced this system by creating strategic business units which was an upgrade from the systems created by his predecessors. He was succeeded by Jack Welch who introduced a dialogue system where managers could discuss problems about GE and to make their work more effective, it
Show More

Related Documents: Leadership Development Essay

Leadership Development Plan

Leadership Development Plan After adding up all the scores, I found that I scored the highest on the honesty and integrity competency. The competency companion that I feel most enthusiastic about is trustworthy. If a person excels at this competency companion, the person will be considered extremely reliable, honest and truthful. Trustworthiness is a competency that is essential for an individual in order to be successful in the field of Human Resources field. Trust is a basic element of a functioning…

Words 637 - Pages 3

Leadership: Management and Leadership Development Program Essay

Leadership Development and Rotational Programs As you finish your degree program, you may be looking for ways to build leadership potential as you gain experience in your field. Leadership development and rotational programs provide you with in-depth experiences, ongoing mentorship, and targeted training across a range of business areas within a company. Companies usually use these types of programs to hire interns or post-graduates and train them through rotational programs (i.e. rotating through…

Words 840 - Pages 4

Leadership Development In The Army 2020

develop your leadership skills. The instructors/facilitators provided you with the basic tools to do what is expected to be an NCO. However,…..this do not finish here. This is the beginning of the most challenging and rewarding career, within the Army....the NCO Corps, the Backbone of the Army. The Army NCO 2020 Strategy recognized that: Leaders development is fundamental to the readiness of the U.S Army. The NCO 2020 strategy outlined three efforts: The first one is….. Development: We, as NCOs…

Words 447 - Pages 2

Leadership: Management and Leadership Development Plan Essay

Leadership Development Plan Anthony Lopez Hodges University MAN 2010 Professor Ahern December 12, 2012 Table of Contents Abstract……………………………………………………………………………………3 Overview/Introduction…………………………………………………………………….4 Leadership Role in Career Planning………………………………………………………5 Insights from Self Assessment……………………………………………………….....6-8 Development Plan……………………………………………………………………...8-10 Personal Reflection………………………………………………………………………10 Further Research……………………………………………………………………..11-14 References………………………………………………

Words 3634 - Pages 15

Leadership Development WA Essay

Leadership Development Morgan Crawford July 5, 2015 W.A.2 Vision and Mission Statements A common question asked is “How and why is developing an effective vision and strategy essential to an organization's success?” Change in an organization can often be difficult and requires time. Many organizations are now turning to vision and mission statements to help clarify and communicate their purpose. Using these two key elements can make or break your strategies when it comes to obtaining and achieving…

Words 431 - Pages 2

Symposium: Leadership and Leader Development Essay

ARI Research Note 96-63 1996 Army Symposium: "Leadership Challenges of the 21st Century Army" Executive Summary James G. (Jerry) Hunt and Robert L. Phillips Texas Tech University Army Trends Analysis Group Alma G. Steinberg, Chief May 1996 19960815 145 United States Army Research Institute for the Behavioral and Social Sciences Approved for public release; distribution is unlimited. U.S. ARMY RESEARCH INSTITUTE FOR THE BEHAVIORAL AND SOCIAL SCIENCES A Field Operating Agency…

Words 7670 - Pages 31

Leadership Development: The Early Years Summary

• “Leadership Development: The Early Years”, pg. 157-170. In John Gardner’s On Leadership, 1990. Once again, the debate about whether leaders are born or made is brought up. John Gardner rejects claims that leaders are born and insists that leaders are made. I believe that a good middle ground that incorporate both sides is that people’s talents and leadership potential are stimulated and developed through challenges. However, I was a bit confused when Gardner differentiated between explosive and…

Words 670 - Pages 3

Drury Leadership Development Program Analysis

My freshman year, I started the Drury Leadership Development Program (LDP) which includes extra coursework, leadership experiences, and experiential learning requirements. Participating in the LDP at Drury has put me in a notable leadership roles on campus and helped me gain entrance to much sought after leadership and program slots including: Drury Enactus (formerly SIFE), Alternative Spring Break, Summit Park Residential Leadership Community, Drury Student Senator, Presidents’ Roundtable…

Words 425 - Pages 2

Leadership and Professional Development Plan Essay

Objective To develop skills for my team members so they are able to: Identify each personal leadership style, their strengths and opportunities. • Draw specific improvement actions to reach a more effective leadership style. • This progress will be measured and reinforced through personal or group mentorship. Learn their personal role as a leader and promoter of teamwork which is the guide to improve the productivity and achieve team objectives. • Improve communication with the team • Increase…

Words 874 - Pages 4

Personal Leadership Development Plan Paper

Personal Leadership Development Plan Kasha Christopherson Baus University of Mary Personal Leadership Development Plan Results from a 360-degree evaluation contribute to the generation of a Personal Leadership Development Plan. Research indicates that these 360-degree feedback results influence positive changes in behavior for the promotion of growth and self-improvement (Caruso, 2014). A Personal Leadership Development Plan constructs specific and measurable activities…

Words 4473 - Pages 18