Essay on "General Electric Under Jack Welch"
Essay 3 pages (1020 words) Sources: 0 Style: MLA
[EXCERPT] . . . .
Welch's corporate social responsibility during his tenure at General Electric. Jack Welsh is a legendary manager who came in and "cleaned house" at General Electric in an attempt to make the company more profitable and effective. Welch attained his financial goals, but at a very strong social cost to the company and its people.GE in Welch's era did not use means that did not harm their social assets. In fact, Welsh was ruthless in his reorganization of GE, and he cut jobs and companies without regard to the people and communities this affected. His only goal was to make GE profitable for the shareholders, and he certainly did this. However, his methods were brutal and heartless, and could in no way be defined as social corporate responsibility. The text notes that one in four GE employees lost their jobs during Welch's tenure, and there was no longer any corporate loyalty or responsibility to the employees, in fact, they were under constant threat of being fired, which is a terrible environment to work in and under. In addition, GE outsourced many jobs to foreign countries, where workers make much lower wages, and forced their suppliers to do the same to cut costs. They eliminated as many as 150,000 jobs in this way, leaving communities that relied on GE as their major source of employment bereft. In no way did Welch protect the company's social assets, he was ruthless in his manner, in the way managers and employees were evaluated, and in chopping people and businesses that he did not deem profitable. Welch could be the poster child for anti-social responsibility, an example of what not to do.
GE under Welch does illustrate the narrower view of corporate social responsibili
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Some of the principles of corporate responsibility include following the laws that guide the corporation and its operations. They should be run to make a profit, they… READ MORE
Quoted Instructions for "General Electric Under Jack Welch" Assignment:
I am going to send out to you resource materials " The Jack Welch Era at General Electric". On the very last page (pg 146)you will find 4 questions. Use those 4 questions to write an essay. So basically you will have to answer 4 questions in the essay format. It should be just like a REGULAR essay with introduction, body and conclusion. DO NOT WRITE FOR EXAMPLE: 1)What is your name ? Answer: .... 2) How are you ? Answer: good. If you will have any problems or questions contact me. *****
How to Reference "General Electric Under Jack Welch" Essay in a Bibliography
“General Electric Under Jack Welch.” A1-TermPaper.com, 2009, https://www.a1-termpaper.com/topics/essay/welch-corporate-social-responsibility/56688. Accessed 5 Oct 2024.
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