Creating
the Spirit of a Start-Up Firm in a Large and Complex Enterprise
GE Work-Out Success
Stories
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GE Capital
GE Capital used to give vehicle fleet leasing
customers a 500-pages report of monthly usage with all backup detail. No
customer read this huge report however. This problem was brought up at a
Work-Out session. It was decided to give customers much shorter 30-page
summary reports – not all backup detail. Implementation of this decision
resulted in less paper, postage, labor savings from less handling,
reductions in computer processing time and customer queries, and
US$100,000 in savings. |
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GE Airspace: Surplus
Furniture Sale
For years, GE discarded their slight used, but
still in good working condition, office furniture by paying to ship it to
dumps & landfills. A software project engineer, trying to find
→
"a
better way , every day" in the spirit of Work-Out,
suggested putting the furniture
up for sale through an intermediary company. He called several 3rd
party companies, and they said they would love to take the shipment from GE
and would pay cash to GE for the furniture and even allow the employees to
buy the furniture at favorable rates vs. the general public. Once the
employee heard that a solution was possible, he called a GE facilities
manager and told him what he had discovered. The facilities manager got
excited by this opportunity and went off to discuss details with a 3rd party
firm. Shortly, a win/win solution for all was finalized. |
Work-Outs in Other
Companies
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Leominster Credit Union,
USA
Gagnon Associated helped Leominster Credit
Union to implement Work-Out. "Since this was a process that directly
involved employees in helping us find better ways to do the work they are
closest to every day, Gagnon Associates worked with and through
cross-functional, problem-solving teams of LCU people," says Barbara
Mahoney, Vice President, Human Resources, Leominster Credit Union. "As a
result, this process broke down silos within the company, and improved
teamwork and collaboration across the credit union. Just as importantly,
perhaps, it has brought understanding among our people of how changes they
make can impact other areas of the Credit Union and, based on this, how
important it is to share information / policy / process changes across
functions. In short, it has made us a more aware and better-functioning team
as an organization." |
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Asia Pacific Philips Consumer
Electronics, Singapore
Asia Pacific Philips Consumer Electronics,
Singapore, used the GE Work-Out Process to bring greater transparency to
their supplier relationships and to support a seamless working method within
their supply chain. Within two years,
the company conducted over 20 sessions, giving double-digit % savings from
every event. |
Main source of information: GE Work-Out: Accelerating Decision-Making and Effective Execution,
Gagnon Associates
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