CONSULTING GROUP 101 Madison Avenue New York‚ New York April 24‚ 2010 John F. Lundgren President & Chief Executive Officer Stanley Black & Decker 1000 Stanley Drive New Britain‚ CT 06053 Dear Mr. Lundgren‚ In response to your request‚ an evaluation of your firm‚ Stanley Black & Decker‚ was conducted to determine the strategic issues and problems within and surrounding your firm. This consisted of a review of the external environment‚ a SWOT (Strengths‚ Weaknesses‚ Opportunities
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Despite maintaining a very strong brand name and being #1 in the Consumer & Industrial segments of the power tools market‚ Black & Decker (B&D) was being significantly outsold by Makita Electric of Japan‚ who had taken over the Tradesmen segment with 80% market share in cordless drills and 50% overall share in this segment. Tradesmen appeared to perceive the B&D brand as a household product unworthy of their usage given B&D’s success in the Consumer segment and Makita’s dominance
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I. Background and Problem Identification Black and Decker (B&D) was founded in 1910 by Duncan Black and Alonzo Decker. By 1917‚ B&D had world’s first patent in portable power drills. Since then‚ B&D has been the world’s largest producer of power tools and power tools accessories. The power tools market in 1990 in the US mainly comprised of three segments-Professional Industrial Tools (PI)‚ Professional-Tradesmen (PT) Tools and Consumer tools. B&D was a market leader in America power
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Stanley Black & Decker‚ Inc. February 7‚ 2013 Introduction From the start‚ the merger announced November 2‚ 2009‚ looked good on paper. Stanley Works agreed to buy Black & Decker for stock valued at a 22 percent premium in exchange with $3.6 billion in its stock. That was justified because Stanley got management and board control‚ and its shareholders were to own more than half of the stock‚ with the 50.5% of the stock in the combined company. This case not only explores shareholder
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The Black & Decker JUS500IB is a top contender for the most reliable portable battery jump starter. It’s compact in size. It can revive the most stubborn dead car battery. This battery boost is equipped with 500 amperes of power‚ which is plenty sufficient for regular car batteries‚ and even the larger one on used trucks and tractors. It comes with a portable air compressor you can use continuously to maintain proper tire pressure. The Black & Decker JUS500IB added a standard safety switch that
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Stanley Black and Decker is a provider of tools and storage‚ commercial electronic security and engineered fastening systems. Stanley Black and Decker is a world-leading provider in its field and it does so with growth platforms and sustained profitable growth. Black and Decker is a part of the Stanley Black and Decker organization. Ecological sustainability means using natural resources wisely in the short run‚ now‚ so that there are still natural resources available in the long run‚ later. This
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April 1996‚ Bill Lancaster‚ president of Black & Decker – Eastern Hemisphere‚ faced a difficult decision. He must choose one of two performance appraisal and management development systems for Eastern Hemisphere. One was introduced by Anita Lim‚ manager of Human Resources or ADP‚ US – who designed the Appraisal Development Plan (ADP) which provided each employee with feedback from subordinates‚ peers and supervisions. ADP had the positive impact on Black & Decker in the US‚ but some of the managers were
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Organizational Change: Downsizing: It’s Not Easy BUS610: Organizational Behavior Organizational Change: Downsizing: Its’ Not Easy There are a lot of different changes that can arise throughout the growth of a company. There can be changes to the structure‚ positions revised‚ hours cut and people losing their jobs. Organizational change can happen at the beginning of a business and even after a few years of success‚ change can happen. While building an organization to strengthen its
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date: 7 June 2010 Read the case ’ Strategic and Organizational Change at Black & Decker ’ and answer the questions below. Each question carries 25% of the marks for this assignment. Questions How would you characterize Black & Decker ’s international expansion during the 1950s and 1960s? What strategy was the company pursuing? What was the key feature of the international organization structure that Black & Decker operated with at this time? Did Black & Decker ’ s strategy and structure make sense
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Introduction There is indications that in the coming years the business environment will change more frequently‚ with higher speed and with greater intensity than before. To remain competitive in the long run the enterprises needs to meet these environmental changes. However‚ the changes in the environment will become increasingly difficult to foresee. A multitude of management concepts has been developed to provide managers with better receipts to meet this changing business environment and the
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