Company Profile of Motorola

After years of being the worlds leading supplier of radiocommunication communications, semi-conductors and advanced electronic systems and services, things hire began to slow protrude for Motorola, Inc. This club was once know for its cutting-edge technology and take aim of quality. Motorola is now working to vamp up its image and catch up with the competition.\n\nMotorola has non yet corned despite restructuring efforts. The company attributes whatever of its problems to the weak U.S. economy and a slow down in telecommunications spending. Heavy cost-cutting has been done by the company. Since August 2000, 48,000 jobs-nearly a 3rd of its workforce-have been eliminated. Over the next baseball club to fifteen months, four more(prenominal) semiconductor plants impart be shut down. This will conduct in the loss of 2,500 jobs.\n\nMotorolas five-point strategicalal plan\n\nIn 1998, Motorola heady to reshape the companys strategy. They decided to go back and seek to mis cellany everything at Motorola except their principles, characters, and ethics. This five-point strategic plan is as follows:\n\n1. regenerate the management team\n2. modify the balance sheet and advance financial flexibility\n3. abbreviate costs and manufacturing capacity\n4. put up bare-assed, forward-looking products and growing guest relationships\n5. Evaluate and re-evaluate communication channel plans in order to remain emulous in the ever-changing business climate\n\nHow has Motorola been doing in chase its strategic plan? They are making progress in all areas of their strategic plan. The company realizes they still have a lot of work to do.\n\n1. They have placed new leaders in 70 of Motorolas coke most important assignments in spite of appearance the last 18 months. They too hired a new president and chief in operation(p) officer.\n2. They generated more than $1.9 billion in positive operating silver flow in 2001 and minify the ratio of discharge debt to net debt plus equity from 27 percent to 18 percent.\n3. They reduce their employee population by terce and closed five manufacturing facilities. In 2001, four additional facilities will be closed.\n4. They enhanced their bearing in telematics by initiation a platform wireless chipset.\n5. They launched a new china growth strategy.\n\nAlthough, Motorola addressed the hire to add new innovative products in their five-point strategic plan, they did not address the fact that they extremity to be more assertive to get on the...If you want to get a unspoilt essay, order it on our website:

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