GE Renames Prestigious Crotonville Learning Center In Honor of Outgoing Chairman and CEO John F. Welch.Business Editors NOTE TO MEDIA: Photo available on BW PhotoWire/AP PhotoExpress, NewsCom and on Business Wire's Web site at www.businesswire.com OSSINING, N.Y.--(BUSINESS WIRE)--Sept. 6, 2001 GE's 45-year-old corporate training facility in Crotonville, NY was renamed the John F. Welch Leadership Development Center at Crotonville in a ceremony at the center today. Jeffrey R. Immelt Jeffrey Robert Immelt (born February 19 1956, Cincinnati, OH) is the current chairman of the board and chief executive officer of General Electric. He was selected by GE's Board of Directors in 2000 to replace John Francis Welch Jr. (Jack Welch) following his retirement. , GE's incoming Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , and William Conaty, Senior Vice President, Corporate Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , presided over the rededication Noun 1. rededication - a new dedication; "the rededication of the Temple of Jerusalem" dedication - a ceremony in which something (as a building) is dedicated to some goal or purpose ceremony, which was held to commemorate Mr. Welch's pending retirement after 20 years of service as GE's Chairman and CEO. "Nowhere is Jack's imprint more obvious than in the spirit of Crotonville," said Immelt. "Jack recognized the value of Crotonville early on -- using it not only as a place to better educate GE employees, but as a medium to spread the changes in culture and thinking that have helped make GE what it is today. Crotonville has always had a special place in Jack's heart, and we are thrilled to be able to show him how much he means to us by renaming the Center in his honor." A commemorative com·mem·o·ra·tive adj. Honoring or preserving the memory of another. n. Something that honors or preserves the memory of another. com·mem bronze plaque, which has been placed in the primary residence building, includes this quote from Mr. Welch's 2000 GE Annual Report letter: "The GE of the future will be based on the cherished values that drive us today: mutual trust and the unending, insatiable, boundaryless thirst thirst, sensation indicating the body's need for water. Dry or salty food and dry, dusty air may induce such a sensation by depleting moisture in the mucous membranes of the mouth and throat. for the world's best ideas and best people." The Center opened in 1956, when GE embarked on a campaign to better train and educate it's managers. It began to take its present form in 1982 when Mr. Welch saw that the dramatic changes in culture and thinking he envisioned for GE would require a company-wide initiative. He saw the Center as the tool to implement and spread that change throughout GE. Today, it's mission is to create, identify and transfer organizational learning Organizational learning is an area of knowledge within organizational theory that studies models and theories about the way an organization learns and adapts. In Organizational development (OD), learning is a characteristic of an adaptive organization, i.e. to enhance GE's growth and competitiveness worldwide. Mr. Welch has taught at the Center for nearly two decades. The John F. Welch Leadership Development Center at Crotonville offers state-of-the-art classes to GE employees and customer in business management, leadership development, finance, sales and marketing. The Center also offers training for GE initiatives instituted by Mr. Welch such as Six Sigma Not to be confused with Sigma 6. Six Sigma is a set of practices originally developed by Motorola to systematically improve processes by eliminating defects.[1] A defect is defined as nonconformity of a product or service to its specifications. , Work-Out(tm) and Change Acceleration. The John F. Welch Education Building is equipped with advanced audio, visual and computer technology. The residence building has 188 guest rooms to accommodate participants during their courses, which last from one day to three weeks. Thousands of GE people and customers come together at Crotonville each year to identify opportunities and debate the issues facing business around the world. GE, with 2000 revenues of $130 billion, is a diversified technology, services and manufacturing company with a commitment to achieving customer success. GE operates in more than 100 countries and employs 313,000 people worldwide. For more information, visit the company's Web site at http://www.ge.com. Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.090601/bw1 |
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