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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1559 |
Essay's paper body
Personnel developed distrust of Welch's motives and the overall direction of the company which CEO had engaged in. Moreover, Welch's changes to compensation and reward program created even more dissatisfaction among the personnel. More recognition and higher rewards were given to those individuals who achieved superior performance and generated exceptional results but many people felt overloaded with work and new responsibilities...
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More recognition and higher rewards were given to those individuals who achieved superior performance and generated exceptional results but many people felt overloaded with work and new responsibilities. In the eyes of employees Welch's redesigned bonus system was much more discriminating. When all of the above concerns would be solved, a major issue presented in the text would also be resolved to a large extent which is the challenge of GE in becoming a truly boundary-less company, trying to link "GE's 13 businesses through "integrated diversity," the ability to transfer the best ideas, most developed knowledge and most valuable people freely and easily across businesses in a boundary-less company"...
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