Leadership/General Electric

Leadership/General Electric

Table of Contents
Leadership/General Electric............................................................................................................1
INTRODUCTION...........................................................................................................................3
MAIN BODY..............................................................................................................................3
1. Specific Situations where managerial qualities and leadership skills were demonstrated by
company’s Top Managers............................................................................................................3
2. Identification an Analysis of Strength and Weaknesses of Respective Leaders.....................4
3. Theories and Models of Approach..........................................................................................4
REFERENCES................................................................................................................................6

INTRODUCTION
Leadership is the practice of leaders through which company influence and motivate
others which are either followers of leaders and in business context they are employees who are
working for the organisation leaded by the leader. This report includes discussion over leadership
and management attribute of managers and leaders of General Electric.
MAIN BODY
1. Specific Situations where managerial qualities and leadership skills were demonstrated by
company’s Top Managers
Managers and leaders are required to play their role all the time but there are various
situations which are specific and which require leader to show their specific qualities. CEO and
people placed at top position in General Electric have seen many rise and falls in a company
which is more than 100 year old (Wild, 2016). In 1981 Jack Welch was appointed as CEO of
General Electric, in relations with Jack Welch who started his career in General Electric as a
junior chemical engineer and this is very important to consider that Jack Welch had really some
specific qualities and attributes through which he completed his journey from a junior Engineer
to CEO of the company. Jack Welch started his journey as CEO in 1981 at that time market
value of GE was $12 billion which increased to $410 billion when Welch retired from is CSE
position. This shows competence of the CEO and their tactics to convert the company into a
conglomerate with around 600 acquisitions. This shows transformational leadership of Jack
Welch in which leader goes beyond managing day to day operations and craft strategies and
tactics to for taking the company to next level of performance and success.
Another CEO of General Electric Jeff Immelt, who took position of CEO in 2001 and just
after few days terrorist attacks on US. In this two employees were killed and insurance business
of General Electric was cost $600 million. This also affected aircraft engine sector of the
company. In this situation journey of Immelt in General Electric was started at low note. But
leadership style of Jeff Immelt was also transformational as he did not continued practices which
were started by Jack Welch and took decisions to establish General Electric as per his choices.