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Essay

GE's HR Policy

Essay specific features

 

Issue:

Business

 

Written by:

Bruce L

 

Date added:

October 14, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 838

 

Was viewed:

6459 times

 

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Essay content:

It consists in a strong focus on human potential through executive development to the top ranks of the firm: this performance based meritocracy has made GE a “CEO factory” for the company and for all corporate America. In 2001, Jeff Immelt, the company’s new leader was faced with the problem of how to keep this talent machine humming...
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Confronted to a strong diversification (due to World War II), Ralph J. Cordiner (1950-1963) implemented a thorough decentralization of the business decisions, created the first corporate management university and heightened GE’s dialogue with its executives (self-evaluation, performance evaluation, career forecasts, succession plans…)...
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