1. General Electric
... productivity, inventory, and scrap costs. Each strategic Business unit was enhanced by strong management principles. Communication was simple and included informal sharing Consistent messages were broadcasted repeatedly, personal, hand-written notes from Welch, speeches disseminated worldwide by video, Corp. Executive Council (CEC) sessions 2 days per quarter to share ideas & strategies. Increased personal accountability and entrepreneurism rewarded by 10-15% bonus for ... actually share "best practices" and the ability to benefit from various synergies gained from collaboration. GE is ...
- Word Count: 694
- Approx Pages: 3
- Grade Level: Undergraduate