Andrea Jung’s Makeover of Avon Products‚ Inc. Problems Avon faces the strong competition within fields they are trying to expand into which is a nutritional product line called Wellness. Any effort to sell products via the Internet and through retail channels has been rejected by the representatives. How can Avon maintain its number one direct seller of beauty and beauty-related products in the future with current industry trends? How can Avon enter the teen line cosmetics and make
Premium Marketing Sales Customer service
Title: Andrea Jung orchestrates Avon’s Makeover Abstract Effective leadership must have certain personality traits and skills contribute to the effectiveness of leadership. General personality traits associated with personal leadership include self-confidence‚ humility‚ trustworthiness‚ authenticity‚ extraversion‚ assertiveness‚ enthusiasm‚ optimism‚ warmth‚ and sense of humor (Dubrin‚ 2010‚ p.34). Another aspect is the skills of leadership which important for leadership success. Cognitive skill
Premium Leadership Charismatic authority
University GB530 Unit 1 Project Avon‚ the company for women‚ is a leading global beauty company‚ with nearly $11 billion in annual revenue. As the world ’s largest direct seller‚ Avon is sold through more than 6 million active independent Avon Sales Representatives. Avon products are available in over 100 countries‚ and the product line includes color cosmetics‚ skincare‚ fragrance‚ fashion and home products‚ featuring such well-recognized brand names as Avon Color‚ ANEW‚ Skin-So-Soft‚ Advance
Premium Marketing Brand management Odor
decrease the total dividend payout from Avon. With PERCS in place‚ only up to 18 million PERCS holders would continue to receive a dividend of $2 per year. The remaining common shareholders would receive dividends of not more than $1.50 a share per year unless the PERCS were redeemed. Hence‚ Avon would be able to decrease its dividend payout per common shareholder by at least 50 cents a share for the next 3 years. Motivation of PERCS: Using PERCS allows Avon to offer a choice of investments to its
Premium Stock Stock market Bond
Describe Andrea Jung’s leadership style. How did her upbringing influence that style? What assumptions about human nature does she hold? Andrea Jung is the quintessential transformational leader. Jung showcases her transformational leadership style through her charisma‚ delegation of authority‚ consideration of subordinates‚ and her ability to constantly modify the organizational structure of Avon. Jung’s charisma is seen in the strong passion she has for Avon. This
Premium Leadership Management Organizational studies and human resource management
Andrea Jung’s Rise And Fall At Avon – Chapter 6 Case Janesy Dominguez Management and Leadership – MAN 3303 Professor Downey Broward College February 10th‚ 2015 Case Background: Andrea Jung went from being a lackluster student to attending the Ivy League’s Princeton University to going on to becoming the CEO of Avon products. Jung was born in 1959 in Toronto‚ Ontario Canada. She earned a bachelors degree in English literature in 1979. Recently graduated‚ she got a job in Bloomingdale’s as a manager
Premium Vice president President of the United States Neiman Marcus
February 6‚ 2011 Andrea Jung‚ Indra Nooyi‚ and Brenda Barnes are three remarkable women in the world of business but even more than that they are superior leaders in their field. Andrea Jung is the CEO of one of the largest woman based companies‚ Avon Products. Indra Nooyi is the CEO of PepsiCo a worldwide company with locations in over 70 countries. Brenda Barnes was the first women CEO of PepsiCo and went on to Lead Sara Lee until her recent stroke. The Concept of influence processes
Premium Management Leadership Indra Nooyi
~ IiItlEI Harvard Business School 9-289-049 Rev. August 5.1994 Avon Products‚ Inc. On June 1‚ 1988‚ Hicks B. Waldron‚ chairman and chief executive officer of Avon Products‚ Inc.‚ was reviewing a package of proposals that he and his financial advisors were to present to the Avon board of directors for final approval the following day. These proposals included (1) a public announcement that Avon would explore plans to divest two of its businesses‚ probably at a considerable book loss;
Premium Stock Stock market Preferred stock
How Andrea Jung Became Successful At your request‚ I have prepared an informal report about Andrea Jung‚ who has become a very successful business woman. I was surprised to find out how much I identified with her and found myself wondering how far in my career I would have been had I followed my parents’ advice. Andrea Jung was born in 1959 in Toronto‚ Ontario‚ Canada. Her parents moved to Massachusetts after her dad was offered a teaching job at the Massachusetts Institute of Technology
Premium Psychology English-language films Miranda Priestly
The strategy of international business The Avon Products Case Avon Products‚ Inc. is an international manufacturer and distribution of beauty‚ household‚ and personal care company that sells products through representatives in over 140 countries across the world. As Andrea Jung became CEO of the group in 1999‚ profits has grown constantly at a 10% rate until 2005. Subsequently‚ some weaknesses in the business strategy emerged as the company started losing profits‚ in particular those coming from
Premium Management Organization Strategic management