Abstract This Economic Analysis of General Motors is presented to Doctor Lester Hadsell, at Capella University on March 31, 2012. The author will examine the economic forces on General Motors Corp at the Macro level, micro level, and, talent retention, and risks of outsourcing for the Federal Employment Industry and through analysis provide a recommendation for future HR alignment within the industry One of the world’s largest automakers, General Motors can be traced back to 1908. After the General Motors Company was founded, it soon became known as one of the largest car manufacturers in the world. The company manufactures cars and trucks in 34 countries, and employs 205,000 people in every major region of the world and sells and services vehicles in over 157 countries worldwide. The General Motors Company ranked as the largest U.S. automaker and the world’s second-largest for 2008, having the 3rd-highest 2008 revenues among global automakers on the Fortune Global 500.
Decisions Made Fundamentally, the issues surrounding the Ford Pinto case were that various workers advanced through the company’s management very quickly because they shared similar views with top-level decision makers of the time. It seemed that this management team did not care about the customers’ wellbeing. The effect that this vehicle had on the public was not very good, especially because the public did not discover the problems with this vehicle until after the media uncovered various issues with the Pinto. Publicizing the possibility that the Ford Pinto could explode upon rear impact alarmed consumers and stakeholders alike. At the time, Ford tried feverishly to keep up with foreign auto makers that were marketing cars at a cheaper price and better fuel mileage.
In October 2008, Porsche announced that it had increased its stake in Volkswagen to 42.6% and held cash settled options on a further 31.5%, which means it had positions on up to 74.1% of all Volkswagen shares. Porsche pursued this action in order to achieve its long-term goal of taking over the car making giant Volkswagen. A takeover of Volkswagen would mean access to its huge production facilities, its technology and most importantly, its cash. As a consequence of this step, Porsche was able to take advantage of the credit crunch that was hitting the car manufacturers hard during that time which was leading to drops in their share values around the world. After the takeover, traders believed that the share prices of VW would not hold their current levels and would eventually drop, so they started short selling the stock hoping that they will make profit when prices go down at the time when they buy the shares back at the lower price.
External and Internal Factors: Ford Motor Company University of Phoenix MGT-330 Management Theory, Practice, and Application Ronald Stirpe May 16, 2011 External and Internal Factors: Ford Motor Company Ford is one of the best-known brands in the automobile industry. According to ConsumerReports.org, when people are thinking of buying a new car, a Ford is the most common choice (ConsumerReports, 2011). This American-born company is the fourth largest automaker in the world and has met the demand of automobile drivers since 1903 (Bullard, 2009). Many of their achievements and much of their longevity can be accredited superior leadership and management strategies and techniques (Bullard, 2009). The four functions of management, planning, controlling, organizing, and leading, may seem like simple tasks, but how does Ford Motor Company master these tasks in light of the many external and internal factors that it faces daily?
3) And launching an economy electric car to target the masses. Including their strategies for growth, namely how they opened their patents to the world so as to become mass produces of a component (electric batteries) so as to achieve economies of scale and how they squandered away their first mover advantage with competition fast catching up to them. Tesla Motors believe that electric cars should not be perceived as a sacrificial mode of transportation. They has brought the best of both automotive and technological worlds together by permananently etching the image of electric cars being a step backwards in performance, efficiency and design. Tesla Motors key is the 100% electric power terrain, which not only propels us in the present, but simultaneously establishes a strong foundation for the future.
Since India is a third world country and a large market, Union Carbide wanted to partner with them so they could achieve first mover advantages of developing petrochemical plants. Even though profits from Indian operations were only 2% at the time they established the plant, there was potential to increase that revenue significantly over time. 2. How could Union Carbide have planned for an event such as the accident in Bhopal? Since the chemicals they were producing were highly toxic and posed serious threats to human life, Union Carbide could have built the plant in a more isolated area of Bhopal.
Implementation of Key Performance Indicators as a Means of Corporate Learning: The Porsche Case Strategic issues: * Declining international sales * To get competitive advantage over other car companies Background of the case: Porsche AG is one of the world’s leading sports car manufacturers and was facing immense competition from its rivals in the same industry. The company executives were working hard to find ways to stay competitive and successful in the industry. They realized that the huge amount of data that they have with them through the network of dealers can be of great use. The company decided to convert these data into profits by implementing an innovative tool which would help in providing sufficient knowledge and learning. Company decided to use the term Porsche Key Performance Indicators (KPI) instead of the original name “Balanced Scorecard”, since the company tried the tool at a different department before and failed to introduce.