Company Profile of Motorola

After long time of being the worlds leading supplier of piano tuner communications, semi-conductors and advanced electronic systems and services, things go began to slow down pat(p) for Motorola, Inc. This go with was once cognise for its cutting-edge technology and train of quality. Motorola is now working to re advanced its image and catch up with the competition.\n\nMotorola has not yet cured despite restructuring efforts. The company attributes virtually of its problems to the weak U.S. economy and a slow down in telecommunications spending. Heavy cost-cutting has been done by the company. Since August 2000, 48,000 jobs-nearly a terzetto of its workforce-have been eliminated. Over the next 9 to fifteen months, four more than semiconductor plants ordain be shut down. This will head in the loss of 2,500 jobs.\n\nMotorolas five-point strategicalal plan\n\nIn 1998, Motorola indomitable to reshape the companys strategy. They decided to go back and seek to diverge ev erything at Motorola except their principles, characters, and ethics. This five-point strategic plan is as follows:\n\n1. renew the management team\n2. becalm the balance sheet and correct financial flexibility\n3. tighten up costs and manufacturing capacity\n4. puzzle new, advanced products and growing customer relationships\n5. Evaluate and re-evaluate profession plans in order to remain warring in the ever-changing business climate\n\nHow has Motorola been doing in pursuance its strategic plan? They atomic number 18 making progress in all areas of their strategic plan. The company realizes they still have a lot of work to do.\n\n1. They have placed new leaders in 70 of Motorolas blow most important assignments inwardly the last 18 months. They in any case hired a new president and chief operational officer.\n2. They generated more than $1.9 billion in positive operating specie flow in 2001 and trim back the ratio of illuminate debt to net debt plus equity from 2 7 percent to 18 percent.\n3. They trim their employee population by trinity and closed five manufacturing facilities. In 2001, four additional facilities will be closed.\n4. They enhanced their mooring in telematics by send off a platform wireless chipset.\n5. They launched a new mainland China growth strategy.\n\nAlthough, Motorola addressed the ingest to add new innovative products in their five-point strategic plan, they did not address the fact that they fatality to be more warring to get on the...If you indispensability to get a beneficial essay, order it on our website:

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