Question E Strategic Options I would make as CEO Excerpts from Case i. Limit the number of attendees at GSC meetings. Corning should only permit key decision makers‚ employees who have had a long history with the company‚ and those with expertise on the business model being presented‚ to attend. Implementing this would help facilitate open discussion at the meetings as less people would be involved. While a large number of people attend GSC meetings‚ only a few engage in making the decisions. This
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© 2013 Corning Incorporated 2 1 Enabling healthier lives Environmental Technologies Life Sciences Emissions-control solutions Research & bioprocessing solutions © 2013 Corning Incorporated 3 Enabling healthier lives Environmental Technologies Corning® Celcor® flow-through substrates for gasoline & diesel vehicles Emissions-control solutions Corning® DuraTrap® particulate filters for diesel vehicles © 2013 Corning Incorporated 4 2 Corning Environmental
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Corning Incorporated – Reinventing new business model Corning Incorporated is an American manufacturer of glass‚ ceramic‚ and materials for the industrial and scientific applications. It was known as Corning Glass Works in 1875. Its strong commitment to innovation was known as the company’s roots. The company committed between four to six percent of its sales to Research‚ Development‚ and Engineering (RD&E). As of today‚ Corning has been primarily operating from Asia Pacific and North America
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UVA-F-1339 Version 2.6 CORNING‚ INC.: ZERO COUPON CONVERTIBLE DEBENTURES DUE NOVEMBER 8‚ 2015 (A) On November 8‚ 2000‚ Corning announced that it would issue $2.7 billion in zero-coupon convertible debentures priced at $741.923 per $1‚000 principal amount. The initial public offering (IPO) price yielded 2% per annum to maturity‚ compounded semiannually. A summary of terms is given in Exhibit 1. Concurrent with the offering‚ Corning also conducted a separate public offering of 30 million shares of
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Corning Incorporated: A Network of Alliances Background Corning Incorporated has established a strong reputation in the specialty glass market. Corning Incorporated helped pioneer the initiative for businesses to incorporated research laboratories in their business operations; and has been a leader in technology-based research for some year. Corning’s initial focus was on the U.S. market but it consistently makes strides to becoming a more international company. One of the major strides Corning
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Case Studies Corning Glass Background Corning Glass is a large‚ multinational organization involved in glass and related products with an increasing emphasis on high-value‚ technologically-specialized products‚ many of which are now part of joint-venture programmes and developments. Innovation ‘Claim to Fame’ This firm is another of the ‘100 club’‚ having been founded back in the mid-nineteenth century. It was a pioneer in process innovation enabling high-volume manufacture of glass‚
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Identify and discuss Corning ’s strategic predisposition toward a joint venture with Vitro. Because of long histories of successful joint ventures and had been an innovative leader in foreign alliances for over 73 years‚ Corning ’s strategy of establishing the joint venture relationship with Vitro seems to be a ideal combination and will lead to success. However‚ the joint venture became subject to a series of cultural and other conflicts that began to undermine this vision. According to company
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How has innovation been used for driving growth at Corning? What is the role of Houghton family? What are the financial results? Right from the days when Corning developed the bulbs for the electric lights designed by Thomas Edison‚ the firms had maintained a strong dedication to technology and innovation. About 4-6 percent of the annual revenue was set aside for research‚ development and engineering. In the 1990s‚ this figure became 10 percent. There was constant emphasis on R&D efforts. Even during
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Faculty of Business Administration Academic Year 2014-2015 MBA 6503 Organizational Studies Case Report: DOW CHEMICAL: INNOVATING FOR SUSTAINABILITY By Vi Nguyen Student # 3503832 Instructor: Prof. Doug Flint October‚ 2014 Background on Dow Chemical Company (Dow) Dow‚ a multinational corporation based in Midland of Michigan in the United State‚ was R&D-intensive and diversified-industry leader in chemistries‚ advanced materials‚ and agro-sciences with technology-based products and
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Dow Chemical - Business Analysis Part 2 Cherry Fugate-Lange Management 521 June 7‚ 2012 Dr. Albert Smothers Dow Chemical - Business Analysis Part 2 Historically‚ the chemical industry has operated in a competitive environment‚ which is not anticipated to change. Dow experiences significant competitions in each of its operating segments as well as in each of the geographic areas in which it operates. Dow competes globally on the foundation of quality‚ technology‚ price‚ and customer service
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