What type of performance measurement based process was used to determine Jack Welch's successor,Jeffrey Immelt,as CEO of GE?
A)Ratings compression
B)Merit ratings system
C)360-degree peer review system
D)Promotion tournament
E)Management-by-objective system

Question

Quizplus · Accepted Answer

The promotion tournament process was used to determine Jack Welch's successor, Jeffrey Immelt, as CEO of GE. In a promotion tournament, potential candidates are evaluated based on their performance, and the most promising candidates are promoted to higher positions. This process allows for a fair evaluation of multiple candidates and ultimately selects the best-suited candidate for the job.

What Type of Performance Measurement Based Process Was Used to Determine