Training And DevelopmentThe GE way

History of GE

Started by Thomas Edison in 1872 as EELC

Merged with Thomas-Houstan Electric Company to form GE in 1892

Presence in 12 varied business with more than 304,000 employees.

Worlds Second Largest Company – 2010 (Forbes List)

T&D at GE

Took shape during Ralph Cordiner’s tenure as CEO in 1950

Company restructuring by decentralisation

Establishment of the Crotonville center in 1956

Unique Features

On the job assignments and tremendous exposure

Spent $1 bn per year on training

Inculcated the skill of coaching

Jack Welch Regime

Restructuring effort to cut red tapism, more than 100,000 jobs cut

Build a residential building in 1983

Action Learning replaced case-based approach

Introduced the concept of Work-Out in 1988

Six Sigma program introduced in 1995

Types of T&D Programs

Entry Level Leadership Programs

Experienced Level Leadership Programs

E-Learning

Implemented in 1998

Increased savings

Lack of in-person, face-to-face training

Implemented LMS (Learning Management software) in 2003

Virtual learning communities

Impact

Produced exceptional leaders

Brought global consistency

Generated additional revenues

Combination of formal and informal training