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11 General Electric

11 General Electric HocusPocus Hocuspocus.cyworld.com 010-4521-3650 2 Contents 1.About GE 2.Why we chose GE? 3. Our interview & Answer 4.Results

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Page 1: 11 General Electric HocusPocus Hocuspocus.cyworld.com 010-4521-3650 2 Contents 1.About GE 2.Why we chose GE? 3. Our interview & Answer 4.Results

11

General Electric

Page 2: 11 General Electric HocusPocus Hocuspocus.cyworld.com 010-4521-3650 2 Contents 1.About GE 2.Why we chose GE? 3. Our interview & Answer 4.Results

HocusPocusHocuspocus.cyworld.com

010-4521-36502

Contents

1. About GE2. Why we chose GE?3. Our interview & Answer4. Results

Page 3: 11 General Electric HocusPocus Hocuspocus.cyworld.com 010-4521-3650 2 Contents 1.About GE 2.Why we chose GE? 3. Our interview & Answer 4.Results

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We are Hocuspocus Anica Kim( 김정아 )

Business Administration Senior

Joe Chae( 채수근 ) English Senior

Mark Cho( 조성일 ) Business Accounting Senior

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Financial Highlights

2004 Revenues: $152.4 billion2004 Earnings: $16.6 billion ($1.59

per share)2004 Cash Flow from Operating

Activities: $15.2 billion2004 Total Assets : $750.3 billion

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GE Growth

Page 6: 11 General Electric HocusPocus Hocuspocus.cyworld.com 010-4521-3650 2 Contents 1.About GE 2.Why we chose GE? 3. Our interview & Answer 4.Results

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Why GE Human Resource Management?

Human Resource Management is the policies, practices and systems that influence employees’ behavior, attitudes and performance.

-‘Fundamentals of Human Resource Management (McGraw-Hill)’ –

Page 7: 11 General Electric HocusPocus Hocuspocus.cyworld.com 010-4521-3650 2 Contents 1.About GE 2.Why we chose GE? 3. Our interview & Answer 4.Results

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GE Leadership ProgramFocuses on personal values,

communication skills and team work organizing activities

Based on participation, debating, and learning by practice

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Top Management ProgramManagers are encouraged to do the following

1. Thrive on competition2. Be hard working3. Be frank, honest4. Be self-evident

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5 Basic Global Strategies 1.GE conveys the core value and vision to

employees 2. Easy approach any information for

efficient communication 3. Emphasizing on employing the best brains 4. GE’s core process integrates and

manages the world 5. Authorities have to be delegated

downward to local branches

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Interview Questions

1. What kind of people would you like to select as employees of GE?

The person who is understanding, competitive, passionate and flexible

Interview date 2005. 05. 12

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2. With globalization and localization trends, does GE have a special HRM program which exists only in Korea?

Pursuing to build up a 'globalized company culture and set common and international criteria

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3. To promote employees, what kind of incentives do you prepare and what do you think is most effective?

VIS(Variable Incentive Compensation) system

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4. Why does GE put great efforts in developing leadership to help the growth of talented people?

Leadership training as the core strength of GE which leads a culture of excellence

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5. As a leader, when do you feel most satisfied with your position (as a leader) and when do you feel dissatisfied with your position?

Duty and responsibility

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Conclusion

Ceaseless efforts for change and innovation

BY LEADERSHIP

Are leader born or made?

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Thank you ^^

Thank you for your attention