Leadership & Strategy Strategic Leadership Case Study

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" (Ying-Feng, 2006)

As mention earlier, the leadership at GE was able to pull of years of having the best leadership; for instance, in September 7, 2001, when 44-year-old Jeff Immelt was picked as being the company's twelfth leader after Edison, he faced an intimidating challenge. Not only would he be guiding a $130 billion global company managing businesses from lighting to aircraft engines to monetary services, nonetheless he would do so following Jack Welch, a legendary CEO who, over two decades, had generated an average annual total return to shareholders of more than 23%.

As Immelt took on one of the biggest management jobs in the world, some wondered whether GE's vaunted management development process had prepared him to lead such a complex organization.

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But for the new CEO, the bigger question was, how could he ensure that GE's talent machine kept developing executives who could continue driving the company's superior performance?

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Latest APA Format (6th edition)

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"Leadership & Strategy Strategic Leadership" (2012, November 26) Retrieved May 3, 2024, from
https://www.aceyourpaper.com/essays/leadership-strategy-strategic-leadership-76632

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"Leadership & Strategy Strategic Leadership" 26 November 2012. Web.3 May. 2024. <
https://www.aceyourpaper.com/essays/leadership-strategy-strategic-leadership-76632>

Latest Chicago Format (16th edition)

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"Leadership & Strategy Strategic Leadership", 26 November 2012, Accessed.3 May. 2024,
https://www.aceyourpaper.com/essays/leadership-strategy-strategic-leadership-76632