‘Mature product markets drove Caterpillar’s restructuring during the 1990s’. Critically examine this statement. With 2004 sales revenue in excess of $30 billion and profits of $2.03 billion Caterpillar is the worlds leading manufacturer of construction‚ mining and earth moving equipment. Caterpillar operates in three key areas; machinery‚ engines and more recently financial products. Mature product markets are an aspect of all product lifecycles once the initial rapid growth stage is complete
Premium Marketing Strategic management Management
1. What “story” does management at Caterpillar recount as a way of communicating the company’s redesigned values? Why are these stories important? 2. Caterpillar uses the “story” of the School Bus Project‚ “Embark‚” to recount the way they communicate the company’s redesign value. This story is important because the company knows that a healthy environment helps shape the growth and depicts valuable attributes within the company. It decided to retrofit school buses to have all students ride
Premium High school School bus Bus
Dell Situation Analysis and SWOT By: Nicole Saathoff History Dell was started in 1984 by a college student‚ Michael Dell. Dell started the company off out of his college dorm room. He bought IBM compatible computer parts at wholesale prices and built computers that resembled IBM models. He sold them to people looking for a PC but not wanting to pay the retailer prices. After making $80‚000/mo‚ he dropped out of college and started Dell Computer Corp.(Free Encyclopedia of Ecommerce) He started
Premium Personal computer
Abstract: Long the pride of Peoria‚ Illinois‚ Caterpillar‚ Inc. has established itself as a premier global manufacturing powerhouse whose commercial construction‚ transportation and engine solutions have come to symbolize durability‚ quality‚ and economic progress. This project paper examines the operational and financial numbers resulting from the company’s global sales reach. This paper reviews the publically available corporate financial results for the last decade. This financial data review
Premium Cash flow Free cash flow
recession and caused UAW workers to strike for 205 days. The crisis lead to a very strong dollar and in return CAT’s strong profits turned into heavy losses‚ while its rival Komatsu was enjoying increasing market shares. George Schaefer knew that the situation was not just a consequence of the crisis‚ but also Caterpillar’s inefficient working style when he took charge of the company as the new CEO in 1985. His first years passed with cost reduction by closing more plants and reducing employees and inventories
Premium
Baylor HealthCare System: Efforts in Reducing Turnover Rate Background Baylor Health Care System is one of the premier health care systems in the United States. Located in north Texas‚ U.S.‚ Baylor employs approximately 16‚000 people who serve more than 110‚000 patients annually in 12 hospitals and 85 clinics. For 103 years Baylor has not only provided quality healthcare‚ but has been a major contributor to the community by supporting programs through the Dallas Chamber of Commerce‚ The United
Premium Medicine Management Skill
SITUATION ANALYSIS REPORT Uber Technologies Inc. Group 3: Student 1 Student 2 Student 3 Student 4 Student 5 Student 6 Situation analysis Company description Uber Technologies Incorporated‚ commonly known as Uber‚ is a privately held multi-national company providing transportation network. Transportation network company (TNC) serves to connect paying passengers and drivers using non-commercial vehicles through the use of apps or websites. In Uber’s instance‚ services are exclusively provided on the
Premium Harvard Business School Ho Chi Minh Ho Chi Minh City
Caterpillar Case Analysis EXTERNAL ENVIRONMENT ANALYSIS Global . In 1915‚ the British military invented the armor tank and modeled it after Benjamin Holt’s steam tractor‚ Caterpillar. Also during World War I‚ the United States and its allies used Holt’s track-type tractors to haul artillery and supply wagons. Shortly after it formation‚ during World War II‚ Caterpillar served as the primary supplier of bulldozers to the US Army. Although it was a successful company for many years‚ for three consecutive
Premium
and insurance to customers via a worldwide dealer network. Caterpillar is the world ’s largest manufacturer of construction and mining equipment‚ diesel and natural gas engines and industrial gas turbines. With more thanUS$7 billion in assets‚ traces its origins to the 1925 merger of the Holt Manufacturing Company‚ the inventor of the crawler tractor‚ and the C. L. Best Tractor Company‚ creating a new entity‚ the California based Caterpillar Tractor Company In 1986‚ the company re-organized itself
Premium Diesel engine
Situation Analysis and Problem Statement InterClean‚ a cleaning product solution company‚ is one of the leaders in the sanitation industry. David Spencer‚ InterClean¡¯s CEO‚ believes that for the company to stay as a major player‚ it needs to meet the new regulations and change their selling point from cleaning products to customized solutions. In order to find the best solution for InterClean to succeed in aligning organizational structure around the new model‚ current issues and opportunities
Premium The Current Bureaucracy Change