Final answer:
General Electric, under CEO Jack Welch, led a major shift in corporate strategy from strategic planning to strategic management in the 1980s, becoming a model for corporations globally. The correct option is false.
Step-by-step explanation:
General Electric is indeed recognized for its influential role in the transition from strategic planning to strategic management during the 1980s. Under the leadership of CEO Jack Welch, GE redefined its approach to business strategy and operations, emphasizing flexibility, streamlined decision-making, and a greater focus on competition and the external business environment. This shift became a model for corporations around the world, representing a significant change in how businesses approached long-term planning and management.
False. General Electric did not lead the transition from strategic planning to strategic management during the 1980s. This transition was actually led by a management consultant named Peter Drucker. Drucker introduced the concept of management by objectives (MBO), which focused on setting specific goals and aligning them with the overall strategy of the organization. General Electric did, however, adopt strategic management practices in the 1980s, but it was not the pioneer in this area.