Microsoft also has a great mission statement: our mission and values are to help people and businesses throughout the world realize their full potential. Today, both of these business giants have a very innovative vision for the future. Goggle is putting all of its efforts into cloud computing where it will offer a toned down version of Microsoft Office online. It believes that it can provide consumers with everything at a fraction of the cost as compared to Microsoft. For example, Goggle is providing the Premier edition subscription for their Apps for $50 per user per year, whereas Microsoft can cost approximately $500 per person per year.
This number expanded to store number 2,000 in 2005. The corporation consists of several entities, including Home Depot, Home Depot Supply, Home Depot Landscaping Supply, EXPO Design Center and Home Depot Floor Store with a combined total of 345,000 associates. Annual sales reached $81.5 billion in 2005 with earnings per share more than doubling from $1.10 in 2000 to $2.72 in 2005. After co-founder Arthur Blank retired as President and CEO in 2000, Robert L. Nardelli took over the reins as the new CEO. Nardelli was a successful executive at General Electric and appeared to be a great fit with Home Depot’s culture.
Their annual net income is $23.15 billion. Within the entire company, they have 92,000 employees. Microsoft’s mission statement says the company was created “to enable people and businesses throughout the world to realize their full potential”. (Jones, p.1) Microsoft, the largest software company in the world, sells computer software, online services, as well as video games. Throughout the life of the company, they have produced amazing products.
Confront the Brutal Fact ………………………………………………………..5 V. The Hedgehog Concept ………………………………………………………….5 VI. Conclusion ……………………………………………………………………….6 VII. Reference ...………………………………………………………………………7 SUMMARY: Jim Collins has written an interesting book as he interpreted the research finding into simple, understandable managerial lesson. According to him and organization can significantly improve its height’s and performance, or even becomes greater, if the organization applies the framework of ideas that are found in Good to Great book. Collins and his team of researchers used various types of research methodology for extensive 5 years to reveal the secrets of good to great companies and stayed on a strict standard’s to identify a group of eleven elite companies that made the jump from good to great for at least fifteen years.
Henry Ford instituted a forty-hour workweek, with the minimum salary being five dollars per day. All of the 26,000 workers in the factory were guaranteed the right to earn this payment. Many other companies and manufacturing plants adopted similar policies, which gave hundreds of thousands of people an opportunity to increase their quality of life. To this day, the forty-hour workweek that Ford set is still in place in most of the United States’ industries. With low prices from the massive jump in factory efficiency, a middle class citizen could now purchase the latest and greatest piece of technology in decades.
iRobot Financial Statement Analysis iRobot Corporation: iRobot designs and builds robots that make a difference. iRobot was founded in 1990 when Massachusetts Institute of Technology robot cists Colin Angle and Helen Greiner teamed up with their professor Dr. Rodney Brooks with the vision of making practical robots a reality. In 2010, iRobot generated more than $400 million in revenue and employed more than 600 of the robot industry’s top professionals, including mechanical, electrical and software engineers and related support staff. iRobot stock trades on the NASDAQ stock market under the ticker symbol IRBT. Current Ratio: Current Assets 2011 206,593 = 2.72 Current Liabilities 75,840 2010 159,011 = 2.55 62,376 2008 123,995 = 3.13 39,558 2007 146,605 = 2.50 58,865 From current Ratio, we can see that basically, it increased gradually from 2.50, in 2007, to 2.72, in 2011, except in 2008, 3.13.
Also, their competitors are developing software outside the US, which is lowering the competition’s cost. Major software developers are developing competing platforms at the expense of the Bernoulli, which in turn is hazardous to Working’s market share. Another problem for the company is their PDA is “behind the times” and a “drain on the rest of the corporation.” According to Ms. Sobiesk, Bernoulli lab will need $18 million of upgrades to compete and regain market share. However, Stewart Workman, CEO of Working Computers, believes the funds would be better if used to rebuild market share in computer sales. Data Analysis Looking at the cash flow of the division (with and without the investment): A capital
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.
The five forces framework The five forces framework helps to identify the company’s attractiveness regarding five competitive forces: the threat of entry, the threat of substitute, the power of buyers, the power of suppliers and finally the rivalry between competitors. Figure 2: Porter's five forces framework The threat of entry – Low Scale and experience: Microsoft has been developing operating systems for ages. The company is the pioneer on micro-computing. The Microsoft windows products are used in almost 90% of all the personal and professional computers. It will be very expensive and difficult for new entrants to match them and reach the same production volume.
They believe they are equally or even more efficient than a robot in the surgical process. They also highly believe that the robots are an expensive addition, or possible downfall, to the American healthcare system. Too many risks are at hand, they think. They believe that they are more reliable that a piece of machinery. Robotic surgery is opening multiple windows to different opportunities in the future.