DPC was a Joint venture with General Electric and Enron in India. 2nd slide Bechtel has strong corporate culture, values and ethics and it shows a great discipline in project management. It has a performance-based leadership and its latest performance-based leadership program is called ‘Employee Engagement,’ which says that if you engage employees effectively in a good relationship with a supervisor, you will create a highly satisfying environment. Employees who are happy and believe they are treated well by the leaders, they perform well too.
One of the ain organizational goals is the motivation and satisfaction of the employees and as Riley Bechtel has claimed “Give Bechtel’s people a challenge and they’ll make history’. Finally, Bechtel provides equal opportunities for everyone. However, employees usually complain about the fact that the majority of Jobs are in Asia and Middle East, which makes them relocate every so often. 3rd slide Bechtel’s Corporation core goal is to strengthen local economies, helping its customers, wherever their facilities are found, to achieve their objectives.
It creates usiness-building opportunities for local firms, employing area workers and professionals, and advancing its customer’s vision. Also, the company supports local growth, skills training, and supply chain development; The Company supports the protection of the environment and that’s why it minimizes its construction footprint; lastly, it operates to maximize resource efficiency. 4th slide Let’s talk about the Similarities and differences between Bechtel and GE. First, we will discuss the similarities.
Both Bechtel and GE are decentralized companies, which ean that the power and the authority to make decisons delegate from head office to lower and local levels [Less uniformity, Decisions made in relation to local circumstances]. [Centralised: 1) Keep decision making power at the top of the hierarchy, 2) Don’t delegate to local or lower levels]. Also, Bechtel adopts the Six Sigma approach; indeed, it was the first EPC (engineering, procurement and construction) company to launch Six Sigma in 2000.
Moreover, both companies want to foster and reinforce the performance of its employees as well as the working nvironment and so, they create projects teams. Another similarity is that the give emphasis on the cultural exchange, thus they work with local firms trying to provide them with the required knowledge on construction and engineering. Finally, both companies promote diversity. the employment of more than 350,000 people in both companies prove that they try to help and occupy local people, giving them the opportunity to produce, create and innovate; all these factors contribute to one of the Let’s see the differences.
Bechtel unlike GE alters its policies for local requirements, or example, through performance reviews as well as the employees have significantly influenced the cultural change. Another difference is the size of the company, since GE is much bigger employing more than 305,000 people, while Bechtel has 53,000 employees. Finally, the last difference concerns the type of projects, since Bechtel adopts projects mainly to reinforce its employees, such as “Toward 2001”, while GE adopts different approaches to foster its working and corporate environment, such as Work-out and Six Sigma.
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