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  • GE Case

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    jahir_441
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    Jack Welth faced many challenges as the new CEO of a company during a recession, with high interest rates and unemployment. To address operational inefficiencies early on, he restructured the organization by fixing or selling underperforming business units, downsizing employees according to the three circle concept, and implementing best practices, which helped increase earnings and reduce the total number of employees over time.

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    GE Case

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    Jack Welth faced many challenges as the new CEO of a company during a recession, with high interest rates and unemployment. To address operational inefficiencies early on, he restructured the organization by fixing or selling underperforming business units, downsizing employees according to the three circle concept, and implementing best practices, which helped increase earnings and reduce the total number of employees over time.

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    9 views2 pages

    GE Case

    Uploaded by

    jahir_441
    Jack Welth faced many challenges as the new CEO of a company during a recession, with high interest rates and unemployment. To address operational inefficiencies early on, he restructured the organization by fixing or selling underperforming business units, downsizing employees according to the three circle concept, and implementing best practices, which helped increase earnings and reduce the total number of employees over time.

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    © All Rights Reserved
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    of 2

    JACK WELTH CHALLENGES AS CEO

    RECESSION
    INTEREST RATE
    UNEMPLOYMENT
    JACK WELTH EARLY CHALLENGE
    Reducing Operational inefficiency
    #1 or #2 : Fixed ,Sell or close.
    Organizational restructuring.
    Downsizing, De-staffing and
    Delayering
    Three Circle Concept.
    Workout
    Best practice
    0 2000 4000 6000 8000 10000 12000 14000
    1986
    1991
    1993
    1995
    1997
    1999
    Earning from Continuing Operations (Exhibit 1)
    0 50000 100000 150000 200000 250000 300000 350000 400000 450000
    1981
    1990
    1992
    1994
    1996
    1998
    Total Employee (Exhibit 1)

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