Group III Presentation Final

8/12/2019 Group III Presentation Final

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Introduction of group Ram Krishna Voices of innovation summary - Prabin

Discussion questions:

Ans. 1. Prabin Ans. 2. Bhagwati

Ans. 3. Jeetendra

Ans. 4. Bhagwati

Ans. 5. Prabin

Conclusion - Ramesh

Q/A session Ram Krishna


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Aspirational leader mindset for innovation Calculated risks to be taken as a bet

Carrying that innovation for growth

External focus needed resources aplenty Good innovations towards growth & company

image is well respected globally

Chinese market infrastructure & rule of law

Huge focus on fnancial system(China)


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Targeting slower paced places like Europe not been good experience in Germany

Research center Marketing & Research tool

Part of big industries healthcare, energy,infrastructure, finance (30 total)

GE of the future determined by how integralGE is globally

Investors seek consistency energy &insurance, a volatile combination


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Ans.1. Aspirational leader

Visionary in his passion to take GE to another level

Focused, commited to the task at hand

Determined, focused and dedicated towardsimproving organizational culture to fit globalstandards


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Ans.2. GEs past CEO Jack Welch hired & fired differently

Immelts selection is similar to Welch but not sodirect

Takes employees in pursuit of the organizationalgoal through by rewards system like directely andindirectly motivating them

Changed the way employees are handled regarding

any bad news like dismissal but tries to convey it bybeing empathetic to employees grievances


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Ans. 3. It depends on many factors such as language,

culture, customs, society etc

They will not be embraced, the reason is that older

employees perceive the newer ones as directcompetitors and not welcomed with both hands

It might have a detrimental effect on the workingstandards, as conflicting obligations towards workmay occur resulting in delays and not beingconducive towards the reaching of theorganizational goal


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Ans. 4. Changing organizational culture by instilling belief

in the minds of employees towards achieving thegoals of organization by using motivational tools

and grievances control through appropriatefeedback from employees

Also, the global organizational culture of GE insome areas not so profound e.g. Germany forsuch regions, design a proper marketing strategy tocompete with the likes of Siemens and Philips andchallenge them for share of German market


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Ans. 5. Hardest task will be to manage the conflict arising

in organization with the added pressure ofmanaging them but at the same time not hurting

their sentiments in the process. Immelt must possess good assertive skills

learning how to say NO in such a manner as to nothurt the feelings of others

Managing different SBUs so that targets arefulfilled and deadlines dont get postponed


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Ans. 5. Yes, we think he does so.

All of his statements seem to be very direct, likehaving a hidden motive or agenda e.g. even in

comparison with Jack, he shortens the reply to suchan extent that it has hidden meaning

He is not transparent because only the financialfigures are revealed by him whereas the otherfigures are omitted, maybe on purpose


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Immelt portrays himself as a mix of anautocratic and Laissez faire leader

His traits and attributes do not suit him as aleader

He should have been a manager as hisresponsibilities as a leader and his actions asa leader are in conflict


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His vision for the company is good, but thepathway to get there is very muddled orconfusing

He does have a plan for getting there, but needssupport from other top level management sothat the mission, vision, strategy(corporate &HR) go side by side toward the betterment of

the company both financially as well asstrategically in an effective manner


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Group III Presentation Final