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The success of this initiative was largely due to a committed top management that monitored the activities and gave constant feedback about the individual’s strengths and development areas.
Culture: GE’s strong and tough culture where failure is allowed but making the same mistake twice is mortal allows its managers to take calculated risks. A manager’s independent decision making responsibility results in increased self-confidence. Further, exposure to managing diverse businesses, results in enhancing the business acumen of high-potential managers.
Instilling the ‘GE Attitude’: A personal contact between CEO and high-potential managers develops a in them an attitude that inspires them to re-define the game in addition to meeting targets...
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