Essay about Welch Case Study - 1466 Words

Welsh Case This particular case discusses whether General Electric fulfilled its Corporate Social Responsibility under the leadership of Jack Welsh or if it just met basic obligations. It also displays the evolving idea of social responsibility in a corporation by contrasting the corporation’s actions during Welsh’s leadership and after Welsh retired. It is shown that Welsh had a classical economic view of social responsibility. General Electric followed a traditional business model while Welsh was working and a progressive business model after he retired. He used a cutthroat ranking system based off of social Darwinism in order to sort out the â€Å"best† of his employees. Lastly, it displays that norms and principles are always†¦show more content†¦Then they change the evaluation system by â€Å"loosening the reigns† and making the system less callous. This would prevent any unnecessary pressure from being forced onto employees. This change would imp rove teamwork and decrease backstabbing. It will also allow for more diversity at the top and would help prevent any once middle range managers from being cut. GE could have evaluated employees and then restructured their hierarchy by placing the more talented managers at the top instead of solely using a â€Å"firing† system. Finally, Welsh should have also kept his personal opinions separate from his business world. Though Welsh could have disliked overweight people, he should not have treated overweight people differently in the workplace. 2. Yes, I think that GE under Welsh displays a view of corporate social responsibility that is closer to Friedman’s view. Welsh shared Friedman’s view that spending corporate funds on social projects diverts shareholder’s dollars to programs they may not even favor. Welsh consistently gave back to GE’s shareholders but neglected to create any funds for social projects. GE under Welsh’s era only focused solely on the first inner circle of responsibilities. The inner circle includes responsibility for efficient execution of the economic function resulting in products, jobs, and economic growth. GE clearly executed this inner circle of responsibility by being extremely profitable, payingShow MoreRelatedA Case Study Looks At The Transformation Created By Jack Welch Essay1591 Words   |  7 Pagespinpoint exactly what the core problem would be, because the case study looks at the transformation created by Jack Welch over two decades. The case study explains the changes made overtime that made the company become what it was by the end of the two-decade transformation. That leads readers to look at what could have had the most impact on the company, and for this particular case study the impact came from the drastic changes made by Welch when he became CEO in 1981. 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Although Welch remains humble regarding his Theory’s drawbacksRead MoreWolfgang Keller at Konigsbrau-Tak Essay example1048 Words   |  5 Pagesat the Konigsbrau subsidiary. Keller, desirous of attention by the firm’s Vorstand for his business success now finds himself noticed by the Vorstand for his inability to solidify his leadership skills. Wolfgang Keller at Konigsbrau-TAK (A) Case Analysis The black cloud following Wolfgang Keller at Konigsbrau is a product of insufficient time to develop leadership skills. Keller rapidly moved into a general manager role six months’ postgraduate school and experienced swift and lastingRead MoreWelch And Shankland Case Analysis1511 Words   |  7 Pagesinterview transcripts, both Welch and Shankland s views are not dissimilar, in that they both want to deliver a successful strategy. However, Welch s focus is on the execution of strategy, whereas Shankland focuses on the understanding and what not to do to become successful. 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