b2b group 4 presentation_ge case
TRANSCRIPT
GE’s two-decade transformation
Case AnalysisGroup 4
Ajay Chandar – DM 16103Akash K- DM 16104
Esha Agarwal – DM 16116Shorya Umang Jain – DM 16143
Either #1 or #2 – or Sell or Close
Simultaneous divestitures ($11 bn) and acquisitions ($21 bn).
Strategic Playbook: - Current market dynamics - Competitors’ key activities - GE’s business response - Greatest competitor threat
Redefining the budgeting position Flattening the organization
Restructuring at GE– early 1980s
Best practices adopted by employees.
GE went to global markets.
Developed Leaders through 360 degree feedback
Second stage – late 1980s
An organization without boundaries
Quality was put into practice
A-players (had courage, energy, vision and leadership)
The third wave – 1980s
The Internet was the biggest change.
E-commerce was supported.
Last phase
To have a leaner and more efficient organization
The earnings and profit of the organization will rise as a result of the restructuring.
Learning and unlearning is an important aspect of any restructuring process.
It’s important to keep abreast of changing business trends.
Key points