BL - Case Jeff Immelt - Syndicate 3
BL - Case Jeff Immelt - Syndicate 3
BL - Case Jeff Immelt - Syndicate 3
TheVoyagefromMBAtoCEO
AloysiusRoyTantono AndreasNataniel Angga Pramana EvaParamitha Widyanto Margaretta Septyani Ariesta Yoyong
Background
Founded:1878inMenloPark,New Jersey.Founder:ThomasAlvaEdison In1981,eraofJohnWelch,he concentratedonimprovingperformance bydrivingbusinesstobecomenumber one/twoinbusiness,aggresivelycutting costbutalsoinvestinmanagement development Rankofperformancemanagement:top 20%,highvalued70%andtheleast effective10%.
TheRiseofJeffImmelt
GraduatedfromHarvardMBAandhasbeenrecruitedon1982.
Immeltenteredonacommercialleadershiptrack. Aftercompletingthetrainingprogram,Immeltbecomeregionalsalesmanager forGEPlasticinDallasandresponsiblefor15directreports.
TheRiseofJeffImmelt
In1992,Immelt appointedasheadofPlasticsAmerica
ToughcompetitionfromDowDuppont &Bayer
In1997,hewasappointedtorunGEMedicalSystems
Developingthebusinessandalsoexpandinghismanagementnetwork Spotfortalent:GregLucier doublethesalesofGEMSinITBusinessto 1.8billionUSD GEMS salesdoubledto$8.4billion
HewasselectedbyGE'sBoardofDirectorsin2001to replaceJackWelchfollowinghisretirement
JeffImmelt asCEO
JeffImmeltfocusongrowthstrategy
1. Technologicalleadership coredriverofthecompanysfuturegrowth 2. Serviceacceleration 3. Commercialexcellence buildenduringrelationshipswithcustomers andcreatingaworldclasscommercialsculture 4. Globalization expandingGEssourcingandmarketingworldwide 5. Growthplatform createmajornewplatformsforfuturegrowth.
ThewayheledGE:
Inspiring Daretotakethechallenge Hardworking Provenperformance
SuccessionPlanning
Jeffstrategytodevelopnewleaders:
Insteadofrotatingthepotentialleaders,potentialleadersare developedthroughlongerassignments inkeycustomer facingorchangeorientedpillarjobs.56yearsexperiences mightallowaleadertheopportunitytomakestrategicbets& livewiththeconsequences CollapseGEs11corebusinessesintohalf,eachledbyan experiencedleader spendmoretimeoncoaching, developing andsupporting youngerleaders
T H A N K Y O U
Syndicate 3 | Business Leadership | BLEMBA 11 | 2013-02-02