Hosted in by Jeff Greenfields, the review sensitizes the role of CEO in the leadership and consequent transformations in an organization. This is in relation to the GE company models and transformations that a chief executive officer can employ to remain competitive in the global world, which is deliberated upon by the former electrics chairperson, Jack Welch. This is general review on the leadership initiatives that Jack Welsh embraced in enlightening the organization into the helm of global competition. Moreover, it engages interactions from students of Michigan business school, who try to launch the insight debate into the idea of creating both fear on one hand and edge on the other. In this context, students seek clarification from the CEO on whether it is possible to incorporate the models of leadership that helped to transform the GE into the governmental roles. This would include involvement of all the governmental agencies in models that helped to transform the GE.
Jack Welch in his own views defines transformation in terms of working like a leader and not a manager, where every resource entitled to power should seek the mandate of leading through the transformation process through participatory leadership. This form is influential, as it has seen the GE Company the most respected. Welch, who believes that for adoption of the Lean Six Sigma skills into government agencies, there should be a procedural mandate spanning from establishment to involvement, then to training and lastly to facilitation of the major projects that the agencies run. Establishment is the launch of the idea, which acts as the focal point, while involvement defines the participatory leadership. Moreover, training is for acquisition of knowledge while facilitation is a form of implementation. Moreover, it is a review on potentiality of the leadership skills for transformation in companies.
From the review it is evident that the higher management has jurisdiction of leadership by example. This is a form of management practice that defines participatory leadership. It is safe for one to work as an example in order to spark the lower management. This form of leadership arouses the responsibility of each member in the organization in that through participation, the knowledge of apprenticeship is passed from the trained staff to the untrained staff.
Participatory leadership is also a form of acquisition of experience in the field of management, where active leaders learn on the job. Moreover, it is a form of elimination of errors prior to vulnerability since it gives room for close supervision. Participatory leadership is also a form of mastery of concepts within the organization. This is a form of practice, which seeks perfection in the end, which aids in critical decision-making processes.
Leading by example is also a form of execution of duties, which would have been ignored. This is from the fact that project work forms the basis of most businesses. A good leader initiates the process of research into project work as a form of leadership by example, which defines the initiation process of a project. Moreover, this is the form of wastage of resources since it acts as a form of substitute labor. Offering a hand in projects reduces chances of the work overloads, which reduces the time of implementation.
Participatory leadership also helps in aiding the focus on strategic issues. This is a view of maximization of the expertise knowledge bestowed in the higher management and the streamlined human resource management. Participation from the higher management helps in overseeing through the most vital processes in line with the policies of the set project. This also helps in allocation of other resources apart from the human resources. The right allocation of resources helps in quick implementation of these strategic issues, which might be a solution to problems facing the organization. Moreover, it is a form of restriction into relevant plans.
Above all, the business practice of leading by example or participatory leadership is a form of welcoming ideas from all the human resource management, which is essential in transformation. It acts as the basis for analysis of the views of the participants, aiding in the best course of action through motivation, as opposed to control.
The other form of business management practice evident from the excerpt is evolution through macro-management as opposed to micro-management, which is the form of viewing the broader picture of the plan in the organization. This business management practice is definition of desisting from obsession over every detail making up the project. The manager should instead concentrate on inspiration of the participants in execution of the objectives. Macro management is essential in detailed management were every aspect of the plan is implemented.
This form of management practice is vital in prioritizing the values in the organization. For instance, the best values are addressed first through proper management. These values are essential in defining the future prospects in the organization. It aids in evaluation of the possibility of a certain course of action, which is a form of risk management and reduction of vulnerability to losses.
Macro-management as opposed to micro-management helps in building of the confidence between participants through the possible outcomes. It is obvious that management on the broader levels of the organization results in positive outcomes, which is the form of creation of cohesion between the visions and reality. When this reality presumes the visions, then it is a form of building the employee confidence and a form of boosting morale of the participants.
Macro-management is also vital in shunning ownership of projects, where it acts as a form of building accountability. It ensures that projects are for the benefit of the organization as opposed to individual beneficiaries. It also ensures that the right person and tool for the right job principle is applicable in that the most expected outcome is achieved. Consequently, it ensures communication between participating agents in that every individual in the organization oversees through the process. Above all, it acts as a form of security to the firm, since no complete chain process can proceed to implementation without involvement of the right protocols.
Macro-management is also a form of involvement of the brains of those bestowed with leadership. The entire cacophony of organizational mandate involves an articulation of grate think tanks, whose potentiality depends on the best forms of utilization. It is a form of remaining competitive without extra costs of expertise labor since it enables the human resource management to gain experience on deliberations without the need of external interference. Moreover, it helps in analyzing of specific aspects of the human resource management, which is the form of minimizing the wastage on the vital resource.
Besides, the macro-management practice is a form of recognition of the performance and categorization levels for possible rewards or penalties. For instance, organizations show ineffective leadership skills through micromanagement of the top performers, which is a way of crucifixion of their motivation. This might culminate in underperformance or overall relinquish of duties, which might affect the labor structure within the organization. Therefore, it acts as a form of human resource management through aiding in recruitment, training and firing of employees basing on their competencies.
The other business management practice evident is transformation of visions into reality. This is through enlisting of visions and working towards achievement of those visions, which in real essence are the form of implementation of all the other management practices. This is realization of the competitive spirit, where the organization focuses on the achievements. For instance, the global market is like the global world, which is constantly warming up. This implies that the global world has the green house as a form of obscuring vulnerability to this effect. Consequently, the global markets need green products to remain successful in the global market. This is attainable through focusing on the set goals within the organization.
Working towards attaining the reality is also a form of creation of customer confidence through adding value to the products without increase in the cost of production. This is from the fact that every organization has major vision of the profit making. However, turning this into reality proves unattainable. Moreover, organizations that turn their visions into reality have the advantage of continued production. This competitive advantage is influential towards creation of the customer confidence due to uniqueness in the eventual products.
Turning visions into reality is also the way of attaining the peak that the business has set. An organization is defined in terms of the foundation on which it is set. The continuity of the business is determinable through implementation of these values set in the foundation. An organization that does not stand by its visions is termed as one chasing after nothing. Moreover, it is due to extinction.
Basically, turning visions into reality helps the higher management in assessment of performance, which might aid in vital adjustments in cases of deviation from the norm, which can lead to correction of problems while still at hand, thus reducing the vulnerability to more harm. These correctional steps act as transformational foundations of the association, which is a form of rehabilitation to the best ways of management. Consequently, it is a form of assurance of the prevalence of the organization. Once the organization transforms its visions into reality, it has the assurance of remaining competitive in the global market.
Conclusively, the review of the “icon of leadership” by Jack Welch is a form of sensitization into leadership qualities. It is a view of the steps incorporated in the GE Company led by the world renowned CEO, where it gives the best leadership skills. The ensuing issue is how government agencies can incorporate business models of the organization into its operation. This is possible only through four steps, which include establishment to initiate the transformation, involvement to engage participatory leadership, training to ensure continuity of the profession and facilitation for the right resource allocation.
The leadership practices are essential for continuity of organizations and should be emulated by other leaders through engagement of initiatives that embrace control as opposed to management. Welch defines leaders in terms of their participation, rather than delegation of duties, which gives the right protocol and alignment of resources within organizations. This form of leadership is also vital in the global markets, which need greener products. In reference to greener products, the view is that the customer confidence is built on grounds of uniqueness in the end product without increased cost of production. Consequently, the best leaders oversee through the attainment of core values within the business.
This implies that the best management practices are evident within the review, which includes turning visions into reality, macro-management as opposed to micromanagement and participatory leadership might lead to transformations within the organization to result into being a globally competitive tool of business.