GEs Talent Machine Solution Essay Example for Free

GEs Talent Machine Solution Essay?Question NO 1While most companies invite clog producing sufficient quality candidates for top management succession, how has GE been able to create a redundance? What philosophy policies and practices have made it a CEO factor6y as Fortune and Economist call it? Really producing sufficient quality top executives is very difficult task for companies, unless if we see case of General Electric, it was producing managers non only for own, GE was producing these executives in enough quantity to meet the need of indus cause. The philosophy adopted by GE includes some techniques, policies and practiceswhich enable GE to postulate vacant top positions.Following are these techniques that wehave analyzed in this case study. Continuous ImprovementManagement training process of GE was very stiff in which employees aredeveloped step by step. Every manager was continuously involved in diversified andinnovative task in which every employee is rotate in divergent departments which enablethe employees to be expert in almost every field. The company was providing on jobtraining to its employees through training programs conducted in university which wasestablished by GE. Self succession plan and school term C was also good for improving and polishing talent.Focus StrategyTo fill the vacant top positions GE was focusing on internal source. For this GE wasconducting a lot of training programs for its employees because when these were trained by company, it was easy for company to adjust existing employees at top positions. Emerging CultureCompany is try not only to gain objectives but also to merge the new employees withthe existing culture followed at GE. New employees are encouraged to adopt the cultureof GE which was very helpful in transferring the culture and value from senior executivesto junior executives. Company StrategyCompany was considering the employees as the asset of the GE.Company was notonly focusing on business dev elopment but also on employees development. It wasspending 10% of its pre tax income on employees development. It was also givingtraining to employees in university established by GEMeritocracyIn GE employees performance was measured by quantitative and qualitatively andthe basis of this evaluation the employees were promoted. While concluding we analyze that actually GEs policies and practices were so goodthat it was producing the surplus managers. Values, culture, training programs, and performance appraisal measures are factor that help GE in exposing and polishing thetalent of employees.Question No2How generalizable are GEs , management development policies and practices? Howtransferable across cultures? Across industries ? Aross companies ? Overall policies and practices are very good and fulfill the requirement and need of management development. These policies and practices are generalizable in every wherein world up to some extent not completely. Their extent of generazibili ty depends uponthe circumstances and situation and environment of geographical areas, laws andregulations of state because these factors vary from culture to culture.E. g. moral valuesand ethics followed in American culture are not followed in Pakistan so we cannot saythat policies adopted by HR department in American organizations fully implemented inHR department of Pakistani organizations. Transferability across Culture, Industries and CompaniesOf course policies and practices are implemented in European culture but it seemsvery difficult to implement these policies in Asian culture because HR policies have todeal with human behavior and culture.Human behaviors are different in differentcountries in same situations. In GE employees are recruited which are fresh graduate. Then these employees were shine by GE by taking into account future requirements. Employees at GE have onlyand only experience in GE company but This situation may not happened in other organizations because the y do not have such employees who are trained and developed by only peerless company because almost all organizations are involved in external hiring, so policies to develop employees cannot be implemented in those companies.How we transfer policies and practices to other culture, industries and companies. For transferring these policies it is infallible to change and create the circumstances andsituations according to that of GE. HR departments have to deal with factors like value,culture and behavior and these things are different from culture to culture, company tocompany.