It has also developed a strong brand based on a high quality of customer service and low-fare air tickets. Management was able to keeps its operating costs low (fuel efficient fleet and only one model of aircraft) and profits high. The strong financial performance caught investors’ attention leading an excess of demand for the 5.5 million shares planned for the IPO. Analysis: Despite all the problems in the US airline industry, JetBlue managed to significantly increase its profits. JetBlue was able to grow its revenues to over 320 million in 2001, compared with a $21.2 million operating loss on $104.6 million in revenue the year before.
Coinstar, Inc. – Analysis of an Automated Retail Trailblazer Ranked 15th in Fortune’s Fastest-Growing Companies for 2012, Coinstar continues to ride a wave of success through its innovative self-service automated retail solutions. The company has experienced exponential growth with revenue increases of 39% and 29% in 2010 and 2011 respectively. This growth can be attributed to a growing number of kiosk installations, existing kiosk sales growth, and a continued effort to expand automated retail sales enterprises (Cacace, 2012).
A CRO industry publication listed 18 top players in North America with total contract research revenues of 1,7 billion. The top 5 public companies comprised in 1,5 billion in revenues in 1996. Kendle is still able to keep up with the main industry peers. Its CAGR revenue and net income growth rate is 71.8% and 39.1% respectively compared to the 46.8% and 12.9% total CAGR revenues and net income of the largest 6 companies. Kendle Net Income margin of 5.3 % in 1996 is much higher than 1.6% of the Quintiles which is considered to be the “golden standard” of the industry and more than double more than 2.2% net income margins average.
Impossible, most would assume, but not if you are Michael Dell. His aim was to beat out all competitors by building computers and selling them to the customers. However, his main success started when he was a young entrepreneur. Michael has also established along with his wife, Susan the Michael and Susan Foundation in 1999. It is estimated that this endowment is worth more than $1 billion (From the Archives - Michael Dell 2012).
Case analysis of “Louis Gerstner jr-The Man who turned IBM around.” 1. Introduction for Strategic Profile of the Case (IBM) Without a diligent leader a firm can’t keep its existence whatever it is the world largest or prominent business hub. Like that the turnaround of IBM under Louis V. Gerstner's leadership is considered to be one of the most noteworthy turnarounds in corporate history. The strategic measures taken by Gerstner to transform IBM from a loss making company to a profit generating company; and to transform a hardware vendor to a complete IT solutions provider were remarkable. The case also reveals how he continuously reinvented the business model of IBM amidst rising competition and changes in the business environment.
By the end of 1989, Nordstrom department stores sales were close to $3 billion with one of the highest profit margins in the industry. Nordstrom which went public in 1971 (NYSE: JWN), has been managed by the Nordstrom family, who until present day still own about half of the company. The family has maintained the philosophy of the company’s founder: “offer the customer the best in service, selection, quality, and value”. This philosophy has helped Nordstrom gain a considerable market share while enjoying over 20 years of uninterrupted earnings growth [Stevenson 1989]. During
Location advantages, highly skilled workers among the 18,000 employees at that time, an appealing level of engineering. For the Czech government it was a contribution to the transformation process of the economy. The common objective was to transform Škoda, a company previously characterized by socialist structures, into a customer oriented, learning organization and, thus, to "best-in-class" level. Škoda in the 1991 – 2001 period Although VW had not yet reached the promised investment level, Škoda's first decade of VW ownership has been a success story. In 1991, Škoda built 172,000 cars.
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.
It was founded in 1972. Great Northern American is oriented to provide high quality products and services to big corporation and small business enterprises, state agencies and other organizations in US and (Great North American Companies Incorporated, 2013). The company has a wide range assortment of goods for office, schools and home. Great Northern American salesmen showed great results: they retailed office supplies and other goods for more than $200 millions this year (Hellriegel & Slocum (2011). Indeed telemarketing and online retailing business are very profitable and beneficial today.
Industry: Grocery # of Employees: 38,000 Revenue: $5.15 billion in annual sales Country: USA Case Study: Wegmans Leadership Development: The recipe for success October 2010 THE SITUATION Wegmans, a chain of grocery stores located primarily in the North eastern part of the United States, is at the top of their game. They have been one of Fortune Magazine’s 100 Best Companies to Work For since the list’s inception in 1998, including being # 1 in 2005. Wegmans continues to expand their reach into other regions, most recently into the greater Boston area, despite the weak economy. And anyone who has lived near a Wegmans store knows the devotion the brand quickly evokes in their customers. None of this happened by accident.