Creating the Spirit of a Start-Up Firm in a Large and Complex Enterprise

 

Jack Welch advice business quotes

The idea flow from the human spirit is absolutely unlimited. All you have to do is tap into that well.

→ 25 Lessons from Jack Welch  Download PowerPoint presentation, pdf e-book

Jack Welch

GE

 

 

 

The Work-Out program was a way to reduce bureaucracy and give every employee, from managers to factory workers, an opportunity to influence and improve GE's day-to-day operations.

Ultimately, the goal of the Work-Out program was to "clean up" GE, to make workers more productive and processes simpler and more clear-cut. Work-Out was also designed to reduce, and ultimately eliminate all of the waste hours and energy that large organizations typically expend in performing day-to-day operations.

In Jack Welch's words, Work-Out is meant to help people stop "wrestling with the boundaries, the absurdities that grow in large organizations. We're all familiar with those absurdities: too many approvals, duplication, pomposity, waste."

 

 

4 Major Goals of the GE Work-Out

❶  Build Trust

Encouraging employees to speak out critically inside the company about GE and the way they perform their jobs without negative consequences to their careers.

❷  Empower Employees

Capitalizing on employees' knowledge and their unique perspective through granting them more power in exchange for expecting them to take more responsibility for their jobs.

 

 

❸  Eliminate Unnecessary Work

Getting employees work smarter, not harder.  >>  Examples

❹  Create a New Paradigm for GE

Letting GE employees define and create a boundaryless organization in which the entire workforce works toward common goals. Encouraging employees to identify → problems and come up with → solutions  Download PowerPoint presentation, pdf e-book.