Case Study Highlights Southwest Airlines case: 1993 (A) Behnam Tirandazi History In my opinion for operating management of a system like this three categories is important: geographic‚ economic and politic. Reason of Geographic category is locations and weather forecasting. The first thing I interested about that is location of Southwest’s corporate offices. It were located at Dallas’s Love Field. Love Field was located six miles from downtown Dallas. All Southwest flights out of Dallas originated
Premium Airline Southwest Airlines Flight attendant
Gary Kelly High Profile CEO of Southwest Airlines Stephanie Bleam October 19‚ 2011 Mr. Gregory Haughton Introduction Gary Kelly serves as the Chairman of the board‚ President‚ and Chief Executive Officer at Southwest Airlines. A 23-year veteran who becomes CEO in 1989‚ Gary has worked closely with southwest legendary cofounder and Chairman Emeritus Herb Keller and
Premium Southwest Airlines
5% in 2010 and by 1.7% in 2011. A fragile labor market‚ tight credit conditions‚ and fiscal tightening will create economic difficulty over the next few years. Economic Risk Moderate Low High Very Low • The Country Risk Tier (CRT) reflects A.M. Best’s assessment of three categories of risk: Economic‚ Political and Financial System Risk. Very High Political Risk • A.M. Best considers the majority of countries pictured below to be categorized as CRT-1 and CRT-2. The
Premium Economics Insurance Gross domestic product
As a result of our research of Southwest Airlines methods for developing leaders in their respective industry we were able to prepare a profile of several different types of training and techniques. All of Southwest Airlines training is conducted in accordance with the appropriate and respective federal agencies that outline and govern each aspect of the training (southwest one report/training 2011). Southwest Airlines maintains its own training facility in Dallas‚ Texas‚ better known as the
Premium Southwest Airlines Airline Texas
Analyzing Southwest Airlines using the Congruence Model Company’s Strategy: Southwest’s strategy is to improve efficiency in its operations and pass cost saving to its customers by offering them low and competitive prices. Southwest Airlines is dedicated to providing the highest quality of Customer Service delivered with a sense of warmth‚ friendliness‚ individual pride‚ and company Spirit. Analyze each key element of the company separately based on the congruence Model Organization Structure
Premium Southwest Airlines Decision making Airline
Economic Profile: Airline Industry Introduction The airline industry provides services for passenger and cargo transport. Over the years the airline industry has faired fairly decent. That is‚ until the September 11 tragedy in 2001. From 1995 through 2000‚ the airline industry earned about $23 billion then lost about $35 billion from 2001 through 2005 (McCabe‚ R.‚ 2008). There are many factors that indicate the economic downfall of the airline industry after the September 11 incident. The purpose
Premium Supply and demand Airline
interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the bondissuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal. Bonds guide. Boom: A state of economic prosperity‚ as in boom times. Break even: This is a term used to describe a point at which revenues equal costs (fixed and variable). Bretton Woods: An international monetary system operating from 1946-1973. The value of the dollar was fixed
Premium Economics Monetary policy Macroeconomics
Sociocultural Tradition According to Theorizing Communication‚ "Society would be impossible without communication… communication would be impossible without or severely limited in the absence of shared patterns of action and meaning that enable mutual understanding- that is‚ in the absence of society and a common culture…. sociocultural approaches range across fundamentally different theoretical styles" (Craig‚ Muller 2007). The main idea of the sociocultural tradition is communication produces
Premium Reality Social constructionism Social construction
of Southwest’s competitive advantage? Southwest Airlines’ successful and profitable business model has been driven by several strategies: high aircraft utilization; standard fleet; charismatic leadership; low fare carrier; excellent customer service practice; attractive frequent flier program; innovative and creative marketing program; performance focused organizational culture; strategic human resources management and a lean operations. Southwest fleet is made up of mainly Boeing 737 fuel
Premium Airline Southwest Airlines Human resource management
Weaknesses of Southwest Airlines Company Overview Southwest Airlines began operations in 1971‚ with the company’s initial service taking place between Dallas‚ Texas‚ Houston‚ Texas‚ and San Antonio‚ Texas (Southwest Airlines‚ 2006). Rollin King and Herb Kelleher started the company with a simple mission focused on being different than other airlines; their chief focus was to provide on time flights at a low cost‚ along with a bit of fun (Southwest Airlines). As Welch (2005) argued‚ Southwest Airlines
Premium