Case study overview. General Electric

Jack Welch glowed with pride at General Electric’s Annual Meeting in March 1’999. For the first and, time, GE’s revenues exceeded $100 billion, operating margins were at an all-time high of 1’6. 7″/”, earnings per share had increased1/% over 197’s record level. In recognition of this outstanding performance and the company’s transformation over the previous two decades, the Fortune poll of “Most Admired Company” for the second year U. S. corporate executives had voted GE the countqr’s “Most RespectedCompany in the World. “