solved Managing the multi-business corporation to meet high performance expectations is
Managing the multi-business
corporation to meet high performance expectations is problematic. Publicly
traded companies are pressured to return favorable quarterly results and as
corporations grow larger and more complex, it becomes harder to manage such corporations
effectively. General Electric (GE) was once one of the most admired
corporations in the world. Today, GE is facing a much-reduced outlook. For this
week’s assignment, read the case study found in your textbook (Case 20): Restructuring
General Electric.Remember, a case study is a
puzzle to be solved, so before reading and answering the specific case and
study questions, develop your proposed solution by following these five steps: 1. Read the case study to
identify the key issues and underlying issues. These issues are the principles
and concepts of the course area which apply to the situation described in the
case study. 2. Record the facts from the
case study which are relevant to the principles and concepts of the course area
issues. The case may have extraneous information not relevant to the current
course area. Your ability to differentiate between relevant and irrelevant
information is an important aspect of case analysis, as it will inform the
focus of your answers. 3. Describe in some detail the
actions that would address or correct the situation. 4. Consider how you would
support your solution with examples from experience or current real-life
examples or cases from textbooks. 5. Complete this initial
analysis and then read the discussion questions. Typically, you will already
have the answers to the questions but with a broader consideration. At this
point, you can add the details and/or analytical tools required to solve the
case. Case Study Questions: 1. Why was GE considered to be
such an exemplary organization? (Discuss GE’s management systems and
performance.) 2. Discuss the nature of GE’s
corporate portfolio under Welch and Imelt. Did the nature of GE’s portfolio
under Welch and Imelt provide superior results? 3. If GE’s portfolio mix gave
superior results, why was it necessary to restructure the portfolio? 4. Why is GE’s performance no
longer superior? What are the reasons for the collapse in GE’s financial
performance during 2016-2018? 5. What should be done to
return GE to higher levels of performance? Does GE need to refocus? Which
businesses or products would you recommend abandoning or divesting, if any?
Does GE need to make additional acquisitions to supplement existing GE assets?