Management of Haier Muzi HE Anglia Ruskin University‚ UK (MBA1) Oxford Brookes University‚ UK (BSc. Hons) CICPA2 PO Box 117‚ Geylang Post Office‚ Singapore 913804 Tel: +65-83300960 E-mail: muzihemba@gmail.com Dr. K. C. Wong MBA Project Supervisor / Mentor Abstract: Qingdao Haier has been the world ’s largest white goods manufacturer since 2010. Haier has built a portfolio of unrelated diversification through mergers and acquisitions and had decentralizing its operational risks. Haier is confronting
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Haier Group Company Zengyu Xiao MGMT 335 Prof. J McDaniel October 9th 2014 Catalogue The Company 3 Company Name 3 Company History 3 Company Background 7 Nature of the Business 9 Company’s Vision Statement 11 The Customer 15 Company Mission Statement 15 Organizational Goals 16 Order Qualifiers 18 Order Winners 19 The Environment 23 Company SWOT Analysis 23 Porter’s 5 Forces Analysis 24 Environmental Scan 28 Organizational Strategy 29 Research 30 1 THE COMPANY 1.1 Company Name: Haier Group
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Introduction Haier is the world’s 4th largest white goods manufacturer. The business scope of Haier is technology research‚ product development and manufacturing‚ trade and financial services. The key products are refrigerators/freezers‚ commercial air-conditioners‚ microwave ovens‚ washing machines‚ dishwashers‚ televisions‚ mobile phones‚ and computers‚ etc. Haier has 240 subsidiary companies and 30 design centers‚ plants and trade companies and more than 50‚000 employees throughout the world. Haier specializes
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The Haier Group is one of the world’s largest whitegoods manufactures with over 50 000 employees worldwide. The group was founded as “Qingdao Refrigerator Co.” in 1984 in Qingdao‚ Shandong Province‚ China. Haier Group has become a multi-billion dollar multinational with presence in over 100 countries (The Haier Group‚ 2007). Throughout the course of Haier Group’s history‚ the firm has pursued an aggressive globalization strategy. Over the past twenty years‚ the group has expanded from its origins
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Haier appliances group enters New Zealand market: analysis of its strategy’s suitability with resource based view and SWOT Ma Jinxiao SUN:109028310 News story summary Haier is a Chinese electronical appliances producer and it decided to take a 20 per cent stake in Fisher & Paykel Appliances Company (F&P) which is a New Zealand company. According to their agreement‚ besides the stake‚ Haier will also take two seats on F&P’s board and also they will cooperate in various business functions‚ including
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marketing strategies and performing marketing analysis related to planning and analysis of portfolio of products and services (market offering). The portfolio of market offering analyzed with the BCG Matrix Tools is generally portfolio of products and services offered by the company and company’s competitors. The BCG Matrix is also used for strategic analysis of company’s SBUs or strategic business units. In both cases the purpose of the BCG Analysis or BCG Chart Matrix is to visually presents the
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HAIER: TAKING A CHINESE COMPANY GLOBAL Group: 9 Hunny Agarwal (102) Hakim Datawala (115) G. H. Krishna (118) Sushant Mondal (137) Abhishek Parekh (142) Anirban Sengupta (150) Haier Group: Highlights Number one company by Asian Wall Street Journal China’s largest Home Appliance Manufacturer Largest Player in the compact refrigerator market worldwide Brand “Haier” is recognized worldwide Haier Group: Challenges Declining Profit Margins; from 9.4% to 2.6% Overcapacity of white goods in Chinese Markets
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1. Why was Haier so successful in China? Since 20 years ago‚ 1984‚ Haier was founded and quickly became the largest white goods factory from a little and nearly bankruptcy company. Without a doubt‚ Haier is very successful in china. As we look through Haier’s history‚ they have many factors make their success: 1) Good Reputation of high quality: After Haier was setting up‚ it began to develop a reputation for its refrigerators. It build up the best quality system and get the highest reputation
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to other offers. One of the companies considering a bid was China ’s largest home appliance maker‚ Haier. Pros: Cons: Chinese government policy encouraged its large companies to acquire overseas brands and combine them into a single corporate global brand name. The Maytag bid would fit well with this national goal and with Haier ’s own stated goal of trying to make Americans feel like Haier was an established US brand instead of an imported Chinese brand. There was a growing backlash in the
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Case 4: Haier Performance management (A) 1. What are the specific practices of Haier’s performance management system? What are the guiding principles behind those practices? Haier‚ being the world’s sixth largest maker of large kitchen appliances‚ had 4% global market share and strong positions in the production of washing machine and refrigerators. The key success behind was Zhang‚ the CEO who brought the company fortunes. Several innovative human resource management practices were introduced
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