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Ge Sucession planning
1.
2.
-- ChiragKanani
3.
-- PalakSheth
4.
-- AshfaqMemon
5.
6.
7.
Succession planning
has started from the CEO’s after T.A Edison
8.
rotation and
selection of candidates within the organization.
9.
3 categories
of A,B,C were differentiated for the employees across the company
10.
involvement of
top management in monitoring top 3000 executives.
11.
CEO’s and
HR heads used to develop strategies for the Employee development.
12.
individualistic approach
for every candidate to develop him to fullest.
13.
Annual performance
reviews were done twice a year.
14.
$1 billion
was invested [ so money was flown for human development]
15.
16.
8 criterions
were selected for the CEO post.
17.
18.
Identify leadership qualities-
major tools
19.
Management & leadership
development
20.
Manager development,
21.
Executive development,
22.
Business development
23.
Importance of values
24.
25.
Restructuring of GE’s
Business.
26.
Focus on customer
service.(ACFC)
27.
Different management styles.
28.
Focus on long-term
strategies.
29.
30.
Selecting player
as players for different tiers of the company
31.
HR reviews
and audits helped them to plan in a much better way.
32.
33.
34.
Different kind
of Business lines requires experience from within and exposing a new person from outside make friction within the organization.
35.
Developing skills through
different sorting system and selection criterion.
36.
It makes a
organization more flexible in terms of adaptation of ideas and strategies getting implemented at a smooth phase.Thank You
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