4. What is the primary problem for the company/organization in this case? 5. Why

Question

4. What is the primary problem for the company/organization in this case? 5. Why have the problem (s) you cite emerged? Identify the causal chain (the events or circumstances that caused the problem-Some will be Internal Weaknesses, others EXTERNAL Threats). 6. What are the characteristics of the industry that the company is in and how is the industry changing over time? 7. What is the firm's strategy for differentiation, enabling them to compete within the context of their industry? 8. What are possible solutions to the problems you have identified? 9. What are the advantages and possible disadvantages of your solution(s)? 10. Are there any possible problems with your suggested recommendations? What contingencies need to be accommodated?

Please see attached PDF file of "GE's Two-Decade Transformation:Jack Welches Leadership" By Christopher. A. Bartlett and Meg Wozny

Explanation / Answer

4. Primary problem of company is to mange its diverse businesses and make each of them profitable.

5. The problem has started from the time when there was environment of recession and global competitiveness. The problem is caused by inaccurate planning system and inability to understand and timely respond to market dynamics. In order to manage with existing problem, the company has caused major restructuring because of which there was cultural shock and management exhaustion. The problem of new change and its acceptability is another challenge which impacts the organization deeply like increase in usage of software, globalization of business, introduction of services as new profit center.

6.The industry is greatly affected by business environment specifically recession which causes decrease in demand thus company incurred losses. The companies are open to new trend and continuously modify its processes and offering accordingly. With the emergence of IT, company has to move to latest technology just to maintain its competitiveness in market. Globalization is another wind that changes the way business has been done.

Author's Note: Please be specific to questions that need to be answered.

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