Charismatic Leadership Essay Example

productivity equation.

One such point—in the minds of many, the point of greatest leverage—is the full utilization of people, the human resource. In the last 100 or so years, the evolution of a manager career program at GE has grown from just simply recruiting from top colleges and universities to training them, to continuously monitoring managerial performance and evaluation.At present, the development of talent in the company is now closely integrated with its operations, and will always be tied up to such. Strategic Techniques of Welch at GE According to Jack Welch decentralization prepares managers for positions requiring greater judgment and increased responsibility. (Tichy &Charan, 1989, pp. 112-121).

Moreover, holders of lower level positions may not be considered suitable replacements for higher-level jobs.In that event, gaps in a firm’s replacement chart—positions for which there are no suitable replacements—point to the need for better management development programs or, perhaps, outside recruiting. Jack Welch, CEO of General Electric, says that one of his assessment practices is to have each vice-president name a potential replacement. He believes that a vice-president who cannot name a successor has not spent enough time grooming subordinates for advancement.

Conclusion

GE seems like an old archaic company, with bosses who are stern and old fashioned.What Welch has done so far for the firm is to pull it into the 21st century with more innovative products and services, and to create a learning environment not only for the customer, but for its employees as well.

GE’s Jack Welch’s dynamism and passion has given the company the boost it needed from the very beginning until he retired.

REFERENCES

1. Case Study: Jack Welch’s Creative Revolutionary
2. Transformation of General Electric and the Thermidorean
   

Reaction (1981-2004).