GE Performed Exceptionally Well Under Jack Welch, the Former CEO

question 106

Multiple Choice

GE performed exceptionally well under Jack Welch, the former CEO of GE. Jeffery Immelt, the current CEO, has made changes to the firm's corporate-level strategy and structure. These changes were necessary because the competitive landscape had shifted significantly. Immelt's actions resulted in

• A) a smooth transition to the new organizational strategy because of the organizational slack generated by Jack Welch.
• B) replacement of the entire top management team because once individuals commit to a core ideology and an envisioned future, they are unlikely to change.
• C) some resistance by organizational stakeholders who are accustomed to Jack Welch and the high performance which he brought to GE.
• D) acceptance by GE's stakeholders as Immelt inherited the "iconic aura" surrounding Jack Welch.

Familiarize with concepts of group technology and its benefits like reduced setup times and improvement in production processes.

Recognize the importance of rapid product development and strategies to achieve it, such as time-based competition.

Understand the environmental considerations in product design and the rise of environmental awareness.

Grasp the concept of system perspective in product design management and the need to view products in terms of their overall impact.

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Definitions:

Bureaucratic Reform

Efforts aimed at improving the efficiency, effectiveness, and accountability of administrative agencies and public sector organizations.

Republican Administrations

Periods of governance in the United States where the executive branch is controlled by the Republican Party.

Democratic Administrations

Periods of governance in the United States where the Democratic Party controls the presidency and/or has significant influence in the legislative branch.

Committee on Administrative Management

A committee established to study and improve the organization and operations of the federal government.