GE's Restructuring by Jack Welch- Revolution
{"Image DocumentName": "GE\u2019s Restructuring by Jack Welch- Revolution", "Image ImageDescription": "Jack Welch became CEO in April 1981 at the age of 45 when US was undergoing recession. He brought the culture of \u2018 better than the best\u2019 He had a vision and he would let it be known to everyone. He set the standard of being No.1 or No.2 in the industry or it would disengage. He insisted on being lean and agile through de-staffing process and hence he was known as \u2018Neutron Jack\u2019. He brought in the concept of \u2018How do I add value\u2019 and curtailed bureaucracy in the system by removing various layers . His five page strategy playbook comprised of following :- 1) Current market dynamics 2) Competitors key activity (recent) 3) GE\u2019s Business response 4) The greatest competitive threat over next 3 years 5) GE Business\u2019s planned response. He stressed on growth by leap rather than being incremental and hence wanted the organisation to stretch itself.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}