University of Edinburgh Case Studies (UEBS)_ Summary of Bartlett, Mclean's _GE's Jeff Immelt_ the Voyage From MBA to CEO

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Universi ni versity ty of Edin burgh bur gh Case Stu Studies dies (UEBS (UEBS)) Course work and notes from E. B. Holmes at the University of Edinburgh Business School (MBA, 2011-2012)

Thursday, September 15, 2011

Summary of B artlett, Mclean's Mclean's " GE's GE's Jeff Imm elt: The Voyage fr om MBA t o CEO" CEO" 1. This case is a rewrite of a larger case: "GE's Talent Talent Machine: The Making of a CEO" HBR 304049 2. Article is titled: titled: "GE's Jeff Immelt: Immelt: The Voyage from from MBA to CEO" HBC 307096 1. Chris A. Bartlett 2. Andrew N. Mclean 3. Input provided by: Jim Ettamarna Harvard Harvard MBA 2003 3. Introduction: 4. GE promotes CEO from within the company by tradition 5. Exhibit 1 is incorrect: Should be the exhibit 1 from original article. (see HBR 304049 page 14) 14) 6. GE CEO List: 1. Edison-> 1892 Charles Coffin 2. ->1951 Cordiner (establishes Crotonville in 1956, establishes Session C) 3. ->1963 Borsch (Nuclear power, plastics, computers) 4. ->1972 Jones (introduced the sector) 5. ->1981 Welch (Crotonville changed from "rite of pa ssage" to talent search, implemented employee survey) 6. -> 2001 Immelt (Took over the day before 9/11, began to bring outside talent in, focused on shifting management overseas for GE India, China) 7. Crotonville- place where managers are educated within GE. A sought after privilege. 8. Session C assessment- personnel development assessment (GE)

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University of Edinburgh Case Studies (UEBS): Summary of Bartlett, Mclean's "GE's Jeff Immelt: Th...

http://uebs-cases.blogspot.in/2011/09/summary-of-bartlett-mcleans-ges-jeff.htm

9. Reference 1, describing GE vs. McKinsey 10. Reference 2, describing GE CEO Charles Coffin 11. History of HR at GE: 12. Reference 3, Cordiner's Book on Professional Managers (open source) 13. Welch consolidated the 29 personnel levels (established by Cordiner) to only 7, leading to less frequent promotions 14. Welch used a method dubbed "the vitality curve" to drop the lowest 10% of employees. 15. Immelt entered GE in 1982 and was selected for Crontonville 6 years later. 16. Immelt's initial experience was in Plastics, and his progress was tracked by Dammerman at various stages. Later he moved to medical devices, and began to cultivate talent around him, tracking and promoting others just as Dammerman had tracked him. 17. Discussion: Can GE's culture be applied to other companies? 18. Unique Culture of Edinburgh MBA 19. K. Andrews 1987. The Concept of Corporate Strategy 20. SWOT analysis- strengths and weaknesses 21. Mintzberg's Emergent versus deliberate strategy 22. Semester 1: Accounting, Business Ethics, Statistics, Macoecon, Finance, Marketing, OM, OB SM, Leadership & Personal Development 23. Semester 2a: Corporate Strategy, Critical Inquiry for business 24. Semester 2b: Leadership (Full time MBAs only) 25. Tom Peters, Management consultant 26. The Immelt Revolution (Bloomberg) Posted by E.B. Holmes at 4:25 AM

Labels: Brad Mackay, GE Case Study

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