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Leadership Styles and Strategic Management: A Case Study of General Electric under Jack Welch

   

Added on  2024-05-31

16 Pages3866 Words101 Views
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BUSINESS STRATEGIC MANAGEMENT
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Leadership Styles and Strategic Management: A Case Study of General Electric under Jack Welch_1

Executive summary
This report focuses on the concept of leadership styles on the strategic management of the
General Electric organization. The report helps in revealing about the different leadership styles
that were adopted by Jack Welch in order to improve the business of the company. As leaders he
implemented a number of organizational changes that helped in enhancing the employee relation
of the company and increased its productivity. This report provides details about the significance
of leadership for the growth and development of organization. With implementing the
appropriate business strategy and leadership style Jack Welch was able to enhance the business
of the company.
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Leadership Styles and Strategic Management: A Case Study of General Electric under Jack Welch_2

Table of Contents
Introduction......................................................................................................................................4
Main analysis...................................................................................................................................5
Driving and managing the changes at General Electrics.................................................................9
Efficacy of strategies and actions implemented by Welch............................................................11
Recommendation...........................................................................................................................13
Conclusion.....................................................................................................................................14
Reference List................................................................................................................................15
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Introduction
Strategic management is necessary for the growth and development of business organization. it
helps in achieving the objectives and goals of a business firm. It is based on the assessment of a
number of resources and influence of policies on the business environment of the company. In
order to maximize the profit revenue private firm apply a number dynamic business strategy.
This report provides details about the strategic management analysis of General Electric (GE).
This company operated under the leadership of its CEO and chairperson John Francis “Jack
Welch Jr.” the leadership approaches used by the organization is based on strategic approaches
including empowering employees, setting goals, and effective communication.
Company overview
General Electric is an American organization that has their headquarters based in Boston,
Massachusetts. this company is operational in a number of segments such as Healthcare, Global
research, Aviation, Definable energy connections, power, gas, oil, transportation, renewable
energy, capital investment and lighting that helps in enhancing business of different industries. In
the list of Fortune 500 companies for the 2017 General Electric was able to secure 13th position
(Fortune.com, 2018).
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Leadership Styles and Strategic Management: A Case Study of General Electric under Jack Welch_4

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