Ge Case Study

Introduction In September 7, 2001 Jack Welchs unyielding travel life at GE came to an end, evidence that a mod leader would dumbfound to come in to GE to go on its successful status. Unfortunately, the 20 geezerhood of history GE experienced under Welch had come to an end. At the end of the century, the providence was in a recession. The bursting of the dot.com bubble in 2000 had even and battered the economy. Then, in 2001, hijackers crashed passenger airliners into the Pentagon and World mint core to weaken the status of the economy further. Jeffrey Immelt became CEO at a very difficult cadence for the company. Corporate scandals left(p) numerous a(prenominal) people not feeling secure slightly GE. Immelt would have to restructure the organization to appeal to stakeholders externally and stay off the accusations that GE relied on acquisitions for growth. Every decision made by Immelt would be compared to his predecessor, making it more of a challenge for him. Acquisitions and different Strategies for increment Throughout the better part of 2003, GE was seen as an acquisition giant having completed several acquisitions within a brief period of quantify. Out those most notable were the trio peculiar(a) deals for French media giant Vivendi Universals, Instrumentarium, and Amersham, that incurred an estimated value of nearly $25 billion. However despite what some analysts viewed as an over solution on acquisition based growth, Jeffery Immelt was slowly, but rapidly incorporating a completely new and innovative strategy that shifted its reduce from stringently quantifiable performance based results, to more abstract nonphysical aspects such as customer satisfaction and value. The first of some(prenominal) major steps taken by Immelt was one focus on changing the form of executive compensation by moving the primary focus which was at one time simply meeting performance goals to factors like emphasized the splendor of gen erating innovative ideas that removed a focu! s away from bottom-line results, towards a focus...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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