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Question: What factors contribute to the success of Work-out? What are the possible negative consequences? Elaborate your answer briefly. Introduction General Electric’s Work-out process began in 1989, as an effort of Jack Welch, GE’s CEO
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GE's Work-Out Process Question: What factors contribute to the success of Work-out? What are the possible negative consequences? Elaborate your answer briefly. Introduction General Electric's Work-out process began in 1989, as an effort of Jack Welch, GE's CEO, to transform the corporate culture. Welch plays important managerial roles in the whole process, namely: interpersonal, informational and decisional. Originally, Work-out process begun as an effort to eliminate waste and redesign processes to take out unnecessary work. In 1990, GE Annual General Meeting, Welch's language and description for the Work-Out process was action oriented: "a relentless, endless company-wide search for a better way to do everything we do." Increasingly, the focus of Work-out process shifted to business processes, then to customers and suppliers, then to change acceleration. (Locke, 2002, p11) "By the late 1990s, Work-Out process had become the basis for the company's push into Six Sigma and has since served as the foundation...
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