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General Electric Case Study: What were the problems Jones faced in selecting his successor?

General Electric Case Study: What were the problems Jones faced in selecting his successor?
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Answer #1
  • He created a list of essential qualities, skills, and characteristics an “Ideal CEO” should possess.
  • Submitted a list of 23 candidates to GE Board
  • Organized informal events to look at potential CEO candidates
  • The original list narrowed down to 8 serious candidates.
  • Developed “Eight Basic Objective for Selecting CEO Successor”.

The new CEO needs to be dynamic to lead this complex organization, and sustain the rate of growth realized during the Welch era.

How GE will encounter will be how to transition from Jones as the CEO to the new individual. balance. The new CEO has to commence the job and have the ability to act and make decisions

GE has to minimize the disturbance when this transition occurs not only at the top but throughout the entire organization. The firm as a whole must be able to continue to operate as if nothing has changed

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