Transcript Document

The 2006 Forte Corporate Best Practices
Summit
Cathy Frierson
GE Energy Financial Services
May 3, 2006
GE…
• Intense Performance Culture
• Shared Values and Growth Traits
• Disciplined and Rigorous Process
GE Operating System…Performance Culture
Core business processes
GE
Opinion
Survey
S-II
Operating
Plan
Growth
Playbook
Session C
Follow Up
February
January
Session C
Development
& Succession
Session D
Compliance
April
March
June
May
August
July
C-II
Follow Up
October
September
December
November
Corporate
Officers
Mtg
(COM)
Global
Leadership
Mtg. (GLM)
Corporate
Executive
Council
(CEC)
Leadership meetings
CEC
C-Debrief
CEC
CEC
SEB
Orientation
Meeting
Key Development Process … Session C
Focuses both on the individual + the company
Individual
Company
– Feedback
– Organization
– Development
– Career
– Leadership
– Initiatives
The Session C Process
Who
• GE Leaders own the process ... HR leaders deeply involved
• Leaders committed to developing themselves and others
What
• Review of individuals and organizations
– Individuals > accomplishments, strengths/development needs, career
– Organization > structure, succession plans, pipeline
• Progress on key initiatives
When
1Q
• Bottom up
• EMS reviews
• Org. reviews
2Q
• CEO visits/Leadership
reviews
• C Wrap up
• CEC debrief
3Q
• Follow up reviews
• BOD Committee
review [MDCC]
Where
• At the business location ... significant leadership interaction
How
• Company wide digitized process
4Q
• C-II prior to S-II
• Full BOD review
Business Session C Agenda
1. Business Leadership
•
•
•
•
Direct Report organization chart
Overall rating/promotability - Officers & SEBs
Succession Plan for direct reports
Organization restructuring plans
2. Pipeline
•
•
•
•
•
Overall rating/promotability - EBs
VP and SEB potentials
Diverse representation and trend
Retention initiatives
Training nominations
3. Growth & Culture
• Commercial Excellence
• Globalization
Consistent agenda…
Discussion varies by
business needs
Session C Begins With 2 Forms
EMS-2
EMS-3
People have an obligation for
continuous improvement as well
as the organization
9 Block
POTENTIAL
High
OVERALL RATING
Top
Talent
Highly
Valued
Less
Effective
Medium
Low
Driving Growth … leadership, capability
& process
Growth … As a Person & GE
Leader
Growth … As a Business
Process