Saptarshi Dutta (11DM-140) The General Electric Turnaround (1981-2000) Ranked at number 6 in the fortune 500 list‚ GE is the world’s most valuable and admired company. This status is attributed to the changes made by the company in the two decades from 1981 to 2000 under the leadership of CEO Jack Welch. In the 20 years that Jack led GE’s‚ revenues rose from $30 to $130 billion and company value went from $14 to $410 billion. Jack Welch’s entire strategy took place in 3 waves- First Wave (1981)
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TATA MOTORS & JLR- THE SUCCESSFUL TURNAROUND The story of IBM was always considered to be the greatest turnaround stories of all times but wait‚ have you heard how an Indian MNC Tata has turned it around for itself through its acquisition and revival of the global luxury brand ‚ Jaguar-Land Rover(JLR). In the past few years‚ Tata motors have gone from a sheen losing family business to a global profitable brand. In April 2012 share price of Tata motors surged 90 % (6 months data) when the BSE rose
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Samsung Electronics Company: Global Marketing Operations 1. What are the ingredients of SEC’s corporate turnaround strategy? Samsung Electronics Company originally started as a product-driven company that focused on manufacturing commodity products at lower costs than its competitors. It was established as a top OEM supplier and highly efficient manufacturer of value brands. The "new management initiative" launched by Chairman Kun Hee Lee in 1993 aimed to change SEC’s direction of growth: once
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different areas of operations‚ from maintenance and training to turnaround efficacy. For example‚ Southwest trains its crew only for Boeing 737‚ the only model in the fleet‚ which gives the airline flexibility regarding the scheduling and the trainings. Also OTIS provides the necessary information for better efficacy of the ground operations team before the plane arrives‚ so they can turn around the plane in just 25 minutes or less. The company focuses on the gate turn-around time and invests in different
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“The Prince” originally written for princes and rulers is a book written with monarchies in mind‚ describing how to rule in all different varieties of monarchies; from dynasties to newly developing monarchies. This book also goes into great detail of how to maintain existing monarchies or how to conquer and keep them under your rule. Older monarchies or dynasties are tougher to conquer and keep because if you cannot win the hearts of the people they will rebel to restore power to their beloved
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History of Indian Railways Introduced in the country in 1853 by the British. 53 kms between Mumbai and Thane The Indian Railways (IR) has a network spread over 63‚000 route kms. and 7000 stations 12 million passengers and more than 1.2 million tonnes of freight daily 40 per cent of the freight and 2- per cent of the passenger traffic in the country. 8.5 per cent of the organised employment of the country either directly or indirectly. Transport output of both passenger and freight traffic
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In the book Turnaround by William Bratton‚ the event that struck out the most is right when the narrator was about to become commissioner and before truly being commissioner was faced with an issue. Media tends to play a big role in our perspectives of the world‚ even if we deny it. Police commissioners usually do not back up their cops with the media because at times it can get very messy and in this book the narrator informs his police force that “If you do your jobs‚ I will back you to the hilt
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“The Prince” Nicolo Machiavelli wrote The Prince‚ which has been used by many to learn and understand his realistic political theory. In the text‚ Machiavelli depicts his very flagrant and stark outlook of human nature. He also goes into explaining why he feels that most human beings are wretched‚ selfish creatures. Hence his political theory‚ being is for a prince to control his people is to have them fear him. With my own personal experiences in life‚ I would have to agree with Machiavelli’s
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STEPS TO LEGO GROUP FINANCIAL TURNAROUND Easy‚ Fast & Quick Results EXECUTIVE SUMMARY Rivkin‚ Thomke and Beyersdorfer (2013) suggested in 2004‚ the market size of the toy industry is worth $61% billion in the wholesales revenue‚ with a steady growth of 4% per year in the retail market for toys. Thousands of toymakers flourish the market to serve global demand while keeping track of the 3 new trends in the industry which are toys demand rise while product life cycles decline‚ children has less
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The Prince Guiding Questions 1. Why did Machiavelli write The Prince? Machiavelli wrote The Prince because he wanted Lorenzo de’ Medici‚ who was the current ruler‚ to be impressed by him and show him that he was intelligent and a useful advisor to him. Machiavelli also wrote it for Princes to read and comprehend how to be successful in power. 2. Name the three major themes of The Prince. (HINT: Look at the chapter titles) One of the major themes in The Prince was Statesmanship and Warcraft.
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