MARRIOTT RESTRUCTURING A Written Analysis of a Case by Lloyd Ty Brief Synopsis of Data On October 5‚ 1992‚ Marriott Corporation announced their plan to restructure the company by splitting itself into two separate companies. The first of the two companies‚ Marriott International (MI)‚ would manage and franchise over 700 hotels and motels. In addition‚ it would manage food and facilities for several thousand businesses‚ schools‚ retirement homes and health-care providers. On the other hand‚ Host
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NBER WORKING PAPER SERIES HOLDOUTS IN SOVEREIGN DEBT RESTRUCTURING: A THEORY OF NEGOTIATION IN A WEAK CONTRACTUAL ENVIRONMENT Rohan Pitchford Mark L. J. Wright Working Paper 16632 http://www.nber.org/papers/w16632 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge‚ MA 02138 December 2010 While all errors are our own‚ we thank Rui Esteves‚ Daniel Klerman‚ Lee Ohanian‚ Christoph Trebesch‚ the editor‚ three anonymous referees‚ and numerous seminar participants for comments
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Caterpillar Inc.--Early 1990s The assessment of opportunities and threats is the foundation upon which planners develop strategies. The Caterpillar case illustrates some of the problems associated with the identification of opportunities and threats‚ especially in a situation where previous successes are notable. Attempting to pattern long-term growth on the basis of previously valid assumptions is one of the classic dilemmas facing the strategic planner whether in consumer or organizational markets
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The Forest Tent Caterpillars latin name is Malacosoma disstria Hubner and is native to North America. They can be found through forests that contain hardwoods and are most prolific in the eastern parts. Trees that the Forest Tent Caterpillar attacks in New York are basswood‚ ash‚ sugar maple‚ alder‚ cherry‚ elm‚ apple‚ aspen‚ birch‚ and oaks. Trees that are not hosts for this pest are conifers‚ red maple‚ and sycamore. The New York State of Department of Environmental Conservation also says that
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➢ The alignment also introduces three new regional Distribution Services Divisions within Caterpillar‚ replacing the company ’s current marketing arms. They will have responsibility for Caterpillar ’s total portfolio of business with each dealer‚ the dealer relationship‚ dealer development and ensuring the most efficient and effective distribution of Caterpillar machines‚ engines and parts. ➢ Caterpillar ’s current Motion & Power Control Division will be expanded and reorganized into two new
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the crisis period as an opportunity for a healthier growth. After analyzing CAT’s social‚ political and economical environment‚ new technologies‚ the competitive situation‚ and the company’s capabilities and limitations‚ the teams concluded that Caterpillar could best achieve its long term objectives by building on its core business rather than diversifying. However due to slow growth of industry‚ they decided to develop additional‚ related products and services. There were plenty of actions to take
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‘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
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1. Description of Company and Industry Founded and headquartered in Peoria‚ Illinois‚ Caterpillar‚ Inc. is one of the world’s leading manufacturers of construction & mining equipment‚ diesel & natural gas engines‚ industrial gas turbines‚ and diesel-electric locomotives. It operates in five segments. The construction segment provides machinery‚ such as backhoe‚ loaders‚ small track-type tractors‚ and mini excavators for use in infrastructure and building construction projects. The resource segment
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other locations. Because the Oxford plant is the only one owned by Caterpillar that produces these couplings‚ he needs to find outside sources that can produce the couplings to Caterpillar’s standard and get them contracted and trained so they can get couplings to the manufacturing plants and keep production running while Caterpillar rebuilds the Oxford plant. While other plants are gearing up to produce the couplings‚ Caterpillar needs to begin “cross-distributing” whatever couplings are on hand
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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
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