BL - Case Jeff Immelt - Syndicate 3

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GEsJeffImmelt

TheVoyagefromMBAtoCEO

AloysiusRoyTantono AndreasNataniel Angga Pramana EvaParamitha Widyanto Margaretta Septyani Ariesta Yoyong

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Syndicate 3 | Business Leadership | BLEMBA 11 | 2013-02-02

Background
Founded:1878inMenloPark,New Jersey.Founder:ThomasAlvaEdison In1981,eraofJohnWelch,he concentratedonimprovingperformance bydrivingbusinesstobecomenumber one/twoinbusiness,aggresivelycutting costbutalsoinvestinmanagement development Rankofperformancemanagement:top 20%,highvalued70%andtheleast effective10%.

Syndicate 3 | Business Leadership | BLEMBA 11 | 2013-02-02

TheRiseofJeffImmelt
GraduatedfromHarvardMBAandhasbeenrecruitedon1982.
Immeltenteredonacommercialleadershiptrack. Aftercompletingthetrainingprogram,Immeltbecomeregionalsalesmanager forGEPlasticinDallasandresponsiblefor15directreports.

1987,ImmeltwastappedtoattendtheExecutiveDevelopmentCourse (EDC)atCrotonvilleastheyoungesttoexpandhisprofessionalnetwork. In1989,hewasappointedasVPConsumerServiceforGEAppliances.


GaryRogers,CEOofGEAppliances,thinkshighlyofImmelt. Hehasanexceptionalenergyandresultsbutalsocounseledtolisten better,to empower hissubordinateandtochannelhisappetiteforactiontobringhis organizationalongwithhim.

Syndicate 3 | Business Leadership | BLEMBA 11 | 2013-02-02

TheRiseofJeffImmelt
In1992,Immelt appointedasheadofPlasticsAmerica
ToughcompetitionfromDowDuppont &Bayer

In1997,hewasappointedtorunGEMedicalSystems
Developingthebusinessandalsoexpandinghismanagementnetwork Spotfortalent:GregLucier doublethesalesofGEMSinITBusinessto 1.8billionUSD GEMS salesdoubledto$8.4billion

HewasselectedbyGE'sBoardofDirectorsin2001to replaceJackWelchfollowinghisretirement

Syndicate 3 | Business Leadership | BLEMBA 11 | 2013-02-02

JeffImmelt asCEO
JeffImmeltfocusongrowthstrategy
1. Technologicalleadership coredriverofthecompanysfuturegrowth 2. Serviceacceleration 3. Commercialexcellence buildenduringrelationshipswithcustomers andcreatingaworldclasscommercialsculture 4. Globalization expandingGEssourcingandmarketingworldwide 5. Growthplatform createmajornewplatformsforfuturegrowth.

ThewayheledGE:
Inspiring Daretotakethechallenge Hardworking Provenperformance

Syndicate 3 | Business Leadership | BLEMBA 11 | 2013-02-02

SuccessionPlanning
Jeffstrategytodevelopnewleaders:
Insteadofrotatingthepotentialleaders,potentialleadersare developedthroughlongerassignments inkeycustomer facingorchangeorientedpillarjobs.56yearsexperiences mightallowaleadertheopportunitytomakestrategicbets& livewiththeconsequences CollapseGEs11corebusinessesintohalf,eachledbyan experiencedleader spendmoretimeoncoaching, developing andsupporting youngerleaders

Syndicate 3 | Business Leadership | BLEMBA 11 | 2013-02-02

T H A N K Y O U
Syndicate 3 | Business Leadership | BLEMBA 11 | 2013-02-02

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