It was during the beginning of Dell, Inc. that Dell had developed most powerful PC chip. In 1988, Dell had grown to earn $3.5 million in profits through marketing its products across the world and when Dell released its first Dell computer, “The Turbo,” it generated $73 million in profits from the release. In 1993, Dell astonished the world by releasing its first laptop model, which housed the most advanced technologies in the computer market and Dell continued to prosper with its technology innovations. I like Dell, Inc. because the company provides exceptional products and customer services, including myself, with the best experience. Dell’s goal is to meet customer’s expectations and satisfactions with many qualities, such as: “highest quality, leading technology, individual and company accountability, best in class service and support, flexible customization capability, superior corporation citizenship, and financial stability.” Apple is also one of my favorite companies.
Strategic Initiative Learning Team B FIN /370 26 February 2012 Farookh Syed Strategic Initiative Introduction. Technology creates opportunities for people and organizations achieve their dreams (Microsoft.com). Microsoft’s innovation has led to quality, high profile and dynamic products which many businesses and consumers desire in a product. In the past year Microsoft has launched products such as Xbox Kinect, Microsoft 365, Microsoft Phone, and Bing. While these products are highly successful Microsoft continue to push the envelope to create and improve products that are synchronized with tablets, PCs, game systems, and phones in businesses and consumers to increase their productivity.
Self Assessment I have worked for organizations developing next generation products using cutting edge technology. The products are extremely advanced and based on innovative ideas within the last 6 months. I have created many such next generation products specific to digital navigation and Advanced Driver Assistance Systems for the Automotive and trucking industry. I have over 250 patents to my credit. I am currently working on a new product that would revolutionize the appliance industry and change the way we look at consumption.
Best Buy stores also do car audio installation and have a Geek Squad for computer repairs and warranty services. (bestbuy.com) In attempts to keep growing as a company and finding better ways to service their customers Best Buy’s customer centricity campaign was created. Customer-centric is defined by the business dictionary as; “creating a positive consumer experience at the point of sale and post-sale” a customer-centric approach can add value to a company by enabling it to differentiate itself from competitors who do not off the same experience. This campaign is a way to understand the needs and behaviors of specific types of customers by breaking them up into five different categories; Barry: The professional who is seeking the best technology and entertainment and demands the best service. Jill: The typical “soccer mom” who is the busy suburban mom who is looking to enrich her children’s lives with technology and entertainment.
Quality refers to how well designed and made a product is and the expectations that people have of a business will influence the way that the products are designed and created for customers. Apple is known as a top technology manufacturing company due to majority of people having mobile phones being iPhones. Apple customers have high standards for quality expectations for new products. Because of the advances in technology, Apple needs to upgrade and adjust current models of their products to satisfy the needs of customers’ expectations. Every year or so Apple will bring out new models of their iPhone, iPods and laptops that live up to the hype of the customers’ expectations.
7/21/2015 Madoff Securities Case Summary Madoff used funds earned during summer of 1860 to establish Bernnard L.Madoff Investment Securites LLC after graduating. Madoff made the securities democratized as well as reduced transaction cost, and was the one of the first brokerage firms to use computers to speed up the transaction. The firm developed fast because of the large trading volume and the impressive growth made it to be the largest “market maker” on the NASDAQ. Even knowledgeable people didn’t know the strategies Madoff used to maintain the consistent return. However, on December 10, 2008, Bernie Madoff told his two sons that the impressive growth was fraudulent, which named “Ponzi scheme”.
Steve Jobs has paved the way for thousands of new electronics, and in the consumer business. Steve Jobs is the previous owner of Apple; The company of which you know has produced the iPhone, iPod, and iPad. Kids now a days, have their on iPad's, and iPod's, even possibly their own iPhone. The fact that Apple has marketed to the younger generation has been asstounding to me. Steve has been able to target the right audience to buy his products, therefore making him one of the weathiest people in the world.
This study aims to implement a novel approach to improve the quality (reducing the defects) of the warehouse by Six Sigma methodology on the selected projects. Introduction In 1987, Motorola developed and organized the Six Sigma process improvement Methodology to achieve “world-class” performance, quality, and total customer satisfaction. Since that time, at least 25% of the Fortune 200, including Motorola, General Electric, Ford, Boeing, Allied Signal, Toyota, Honeywell, Kodak, Raytheon, and Bank of America, to name a few, have implemented a Six Sigma program (Antony et al. 2008, Hammer, 2002). These companies claim that Six Sigma has significantly improved their profitability (Hammer, 2002).
Introduction Philips: As one of the world's largest electronics company, Philips which mainly produced lighting, household appliances, medical systems and equipment, was found in 1892. Philips always focuses on product quality, attentions to the treatment of employees, supports the development of education therefore it gets a good reputation from the society. Meanwhile, Philips continuously reforms and innovates during the past 100 years (e.g. development of technical capabilities and expansion geographically). The reforming experience is treasure.
With every new model introduced, management felt that the assembly lines had to increase productivity and lower costs, usually resulting in changes to the assembly production of existing models. Some of Toshiba’s key elements are product quality, continuous improvement, innovation, availability, competitive pricing, and superior product and process design. Toshiba had built its strength in the notebook PC market by beating its competitors to the market with aggressively priced, technologically superior products. Competition in the notebook PC market was fierce, and Toshiba could retain its position as market leader only by relentlessly improving its manufacturing processes and lowering cost. In addition, by forming partnerships and joint ventures with other industry giants, Toshiba could share the risk of developing expensive new technologies.