The General Electric method to instill change
The method used by Jack Welch to make General Electric one of the world's most responsive companies, by betting on the development of employee leadership skills.
The ability to adapt is now essential to compete successfully. Companies must be quick on their feet to cope with an increasingly mercurial market. To react speedily, people must be empowered and accountable. Companies need leaders at all levels of the organization to initiate and manage change.
Although most organizations are aware of this imperative and clearly state their desire to be more flexible, few actually achieve this goal. Inertia and skepticism make it very difficult to change people's behavior.
General Electric stands out as an exception in this domain. In just a decade, Jack Welch managed to transform a sprawling bureaucratic behemoth into a model of agility. The cornerstone of this achievement was the “Work-Out” program.
Written by leadership development experts, “The GE Work-Out” delivers the secrets to implementing this program successfully. In addition to practical how-to advice, readers will discover the fundamental principles that make Work-Out so effective:
– Get people to make speedy decisions to start change rolling.
– Engage the entire organization by showing that change is necessary and possible.
– Train leaders at every level of the organization to decide and act quickly.
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See also
The Toyota cultural exception
How did Toyota take global leadership in the automotive industry? In addition to its "lean" production system, Toyota owes its exceptional success to the specific culture of the group.