Sunday, January 5, 2020
Essay on General Electric Training Effectiveness - 1097 Words
The Leadership Development GE-Style case study offers a glimpse in to the management and leadership training provided by General Electric to its seasoned executives (Kreitner, 2008). The history of General Electric dates back to the days of Thomas Edison, with the formal company forming in 1892 (GE, 2010). General Electric is a successful company, which spans a history of over a century of time. They have grown from a company primarily concerned with electricity to one that competes globally in diversified markets such as finance, television production, aircraft engines, medical imaging, and power generation (GE, 2010). In addition, they employ roughly 300,000 people in over 100 countries (GE, 2010). Accomplishing such successâ⬠¦show more contentâ⬠¦The company provides a training venue with its people in mind, where status is secondary to learning. GE obviously grooms their people to meet their own internal expectations and provides real GE problems to solve. Magnifyin g this point further is that only one-third of all lecturers come from external sources (Kreitner, 2008). In addition, after each course, the teams are required to report their findings back to the company CEO (Kreitner, 2008). Taking all of this into consideration, I think GE provides its executives with a good mix of management theory, research, and hands on experience to make the manager training programs successful internally for General Electric. Conversely, can GEââ¬â¢s manager-training courses span to external applications? The jury may still be out regarding this question. Embedded very deeply in their training programs is GEââ¬â¢s corporate philosophy and culture that applying the skills learned at Crotonville to other environments may be difficult. In a 2005 Fortune magazine article, the magazine found an even split down the middle when it compared the performance of thirty-four previous GE executives now occupying executive positions of other large corporations against the SP 500 (Kratz, 2005). Half of the previous GE managers out preformed the SP 500 while half faltered. Those who faltered had a difficult time understanding the culture of their new companies. GEââ¬â¢s human resources chief, Bill Conaty, put itShow MoreRelatedThe Effects of Cultural Intelligence on Leadership Effectiveness in Multinational Organizations1354 Words à |à 5 PagesA Study on Cultural intelligence and its effect on leadership effectiveness and behavior in multinational organizations in Asia Introduction The success of corporate sector is the critical element for the sustained growth and prosperous economy of any nation. 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