Company Profile of Motorola

after years of being the worlds starring(p) provider of wireless communications, semi-conductors and advance(a) electronic systems and services, things do began to easily eat for Motorola, Inc. This go with was once known for its cutting-edge engineering science and level of quality. Motorola is now readyings to revamp its image and mates up with the competition.\n\nMotorola has not to that degree recovered despite restructuring efforts. The company attributes some of its problems to the weak U.S. miserliness and a slow down in telecommunications spending. Heavy cost-cutting has been through by the company. Since August 2000, 48,000 jobs-nearly a third of its workforce-have been eliminated. Over the succeeding(prenominal) nine to fifteen months, cardinal much semiconductor programmets entrust be shut down. This allow result in the departure of 2,500 jobs.\n\nMotorolas v-point strategicalal plan\n\nIn 1998, Motorola persistent to reshape the companys strategy. They decided to go back and search to change everything at Motorola withdraw their principles, characters, and ethics. This five-point strategic plan is as follows:\n\n1. Revitalize the management team up\n2. Stabilize the balance sheet and improve financial tractableness\n3. Reduce costs and manu incidenturing talent\n4. Produce revolutionary-made, innovative products and festering customer relationships\n5. Evaluate and re-evaluate trading plans in order to prevail competitive in the changing business climate\n\nHow has Motorola been doing in following its strategic plan? They are making make in all areas of their strategic plan. The company realizes they still have a lot of work to do.\n\n1. They have placed unfermented leaders in 70 of Motorolas 100 most all important(p) assignments within the last 18 months. They also hired a new president and boss direct officer.\n2. They generated more than $1.9 meg in positive operating cash flow in 2001 and reduced the rat io of net profit debt to net debt plus paleness from 27 percent to 18 percent.\n3. They reduced their employee population by one-third and closed five manufacturing facilities. In 2001, four spare facilities will be closed.\n4. They compound their position in telematics by design a programme wireless chipset.\n5. They launched a new China growth strategy.\n\nAlthough, Motorola communicate the need to add new innovative products in their five-point strategic plan, they did not address the fact that they need to be more aggressive to get on the...If you want to get a full essay, order it on our website:

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