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BL - Case Jeff Immelt - Syndicate 3

Jeff Immelt rose through the ranks at GE, starting as a young MBA graduate recruited in 1982. He took on roles of increasing responsibility, such as regional sales manager and VP of consumer services. In 2001, Immelt was selected to replace Jack Welch as CEO. As CEO, Immelt focused on technological leadership, service acceleration, commercial excellence, and globalization as drivers of GE's future growth. He developed new leaders through longer assignments to allow strategic development and experience leading major changes.

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Andreas Nataniel
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447 views7 pages

BL - Case Jeff Immelt - Syndicate 3

Jeff Immelt rose through the ranks at GE, starting as a young MBA graduate recruited in 1982. He took on roles of increasing responsibility, such as regional sales manager and VP of consumer services. In 2001, Immelt was selected to replace Jack Welch as CEO. As CEO, Immelt focused on technological leadership, service acceleration, commercial excellence, and globalization as drivers of GE's future growth. He developed new leaders through longer assignments to allow strategic development and experience leading major changes.

Uploaded by

Andreas Nataniel
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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GEsJeffImmelt

TheVoyagefromMBAtoCEO

AloysiusRoyTantono AndreasNataniel Angga Pramana EvaParamitha Widyanto Margaretta Septyani Ariesta Yoyong

29111454 29111438 29111439 29111450 29111448 29111483

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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