Company background and History Johnson Controls, is my current company and they acquired us (Detcon) towards the end of 2016. Before Johnson Controls, we were part of Tyco Inc. which acquired us at the end of 2015. Detcon was found by brothers, Dan and James Alpha in 1983 in their garage. In 1985, they started their commercial sales and it took off from there. Until 2011, Detcon only manufactured fixed gas monitors. In 2011, the company acquired two additional gas detection companies, GMI and Oldham. After the acquisition, we sold and repaired a variety of equipment that included portable gas detection (GMI), fixed gas detection (Oldham and Detcon). At this time, our brand began to grow with the ability to sell to more companies in more …show more content…
All of this in turn actually costs the company so much money and makes us look bad to the customers and the shareholders. Within my department (Service Center) we do the repairs on returned/faulty equipment. There are multiple stages to complete the repairs. The first stage is to Estimate the equipment; this is supposed to be done within 5 business days of receiving the equipment. From the estimate stage, it goes to either waiting for parts (warranty repairs) or pending approval (customer needs to pay for the repairs). Once the customers pay for the equipment, we will then order the parts required to repair their equipment. After the parts have been received, it then goes to work in process; we are supposed to get this completed in 7 business days. With all of these time restraints, it makes it hard to actually complete everything with the amount of equipment that is sent in. With this, it causes our processes to be broken and ignored. We are being told to get the work done in the time-frame even if it is not exact standards. When this happens, it causes problems with the equipment that is being sent back to customers which is supposed to be fixed correctly.
Quality of Culture
When I first started with Detcon in May 2014, the culture that existed is far different than what it has morphed into now. Before the merger with both Tyco and Johnson Controls, Detcon was considered to be a good family environment. The
The corporate structure of Lowe’s is like many other large corporations. Having a Board of Directors that the CEO must answer too. Then having the other officers under the CEO in charge of other sections of the firm. Under them is the managers and presidents of the subsections. The CEO of Lowe’s is Robert A. Niblock; he has held this position since January 2005. In 2016 he was compensated by $12,670,019; this was in the form of stocks and salary. The portion of the compensation that is from stocks is $9,241,654; this means that 73% of the compensation for the CEO is in the form of stock (in 2016).
Question 1: Using budget data, how many motors would have to be sold for Waltham Motors Division to breakeven?
Intellectual Property: Johnson & Johnson have the rights to many products including: JOHNSON’S® BEBE® PENATEN® PRIM’AGE® JOHNSON’S® BEDTIME™ JOHNSON’S® SOOTHING NATURALS™ DESITIN® NATUSAN® NEUTROGENA® SHOWER TO SHOWER®PIZ BUIN® AVEENO® LUBRIDERM®AMBI® SKINCARE VENDOME® CLEAN & CLEAR® PURPOSE® ROC® ROGAINE® BAND-AID® Brand Adhesive Bandages BENGAY® CALADRYL® PURELL® NEOSPORIN® CORTAID® SAVLON® COMPEED® TUCKS® DAKTARIN® LISTERINE® EFFERDENT® LISTERINE® WHITENING REMBRANDT® REACH® STAYFREE® MONISTAT® CAREFREE® e.p.t.® K-Y® O.B.® TYLENOL® SUDAFED® ROLAIDS® DOLORMIN® MOTRIN® MOTILIUM® MYLANTA® ZYRTEC® and ZYRTEC-D®12-HOUR® BENADRYL® IMODIUM® PEPCID® NICORETTE® SPLENDA® LACTAID® BENECOL® SUN CRYSTALS™ VIACTIV® VISINE® ACUVUE® CONCERTA® REMINYL® /RAZADYNE® TOPAMAX® HALDOL® RISPERDAL® INVEGA® RISPERDAL® CONSTA® DORIBAX™ PREZISTA™ INTELENCE™ RETIN-A MICRO® LEVAQUIN®ORTHOCLONE OKT-3® REMICADE® DURAGESIC® AXERT® ORTHOVISC® ULTRAM® ER Tylenol® with Codeine DITROPAN XL® TERAZOL®ORTHO TRI-CYCLEN®ELMIRON® ORTHO-CYCLEN® ORTHO TRI-CYCLEN® LO ORTHO EVRA® ORTHO-NOVUM®RhoGAM® DACOGEN® PROCRIT® DOXIL® VELCADE® LEUSTATIN® ACIPHEX®/PARIET® REGRANEX® NATRECOR® REOPRO®. They also have the patents and copyrights to a wide array of drugs and medical equipment.
Home Depot is the fastest growing retailer in the U.S. by some accounts. It has a fascinating history of innovation and entrepreneurship. The company had some difficulties in the mid-2000s that some attribute to cultural clashes. However, during this period the company was able to take full advantage of the housing boom. Yet when the bubble burst, Home Depot was forced to claim substantial losses. Despite these loses Home Depot has weathered the storm fairly well and is in prime position to take advantage of an economic recovery; if it ever comes.
Purchased plant for good price…with new equipment and deleted marginal product lines as they expanded nationally
The company that we as a group are consulting is Little Caesars. When looking to similar fast food restaurants, we can single out the In-N-Out burgers. This fast food company has the highest ratings among its competition, where the employees feel appreciate and rank their work place as a very good place to work. By comparing this two companies, we can see that the difference is that In-N- Out makes its employees be happy and love the place they work. When doing our research we found out number of tactics that this company is doing differently.Number one difference is that, the pay is the most high playing company among same food chain.It also offers access to group healthcare, vision and dental for even part-time employees. In-N-Out
Harrison & Moberly, LLC is a full service law firm that is located in Indianapolis, Indiana. Their diverse range of legal practice groups include alternative dispute resolution and mediation, environmental, litigation services, real estate, insurance services, estate planning, wealth transfer, and tax, plus more. Harrison & Moberly, LLC is an Indianapolis Bar Association Green Legal member. They are also a member of the International Lawyers Network.
“Only one reporting entity, if any, is expected to be identified as the primary beneficiary of a VIE. Although more than one reporting entity could have the characteristic in (b) of this paragraph, only one reporting entity if any, will have the power to direct the activities of a VIE that most significantly impact the VIE’s economic
Lot of our customers at Emerson (now Vertiv) were complaining about response time of addressing complaints. Meanwhile studying field service reports for technical assessments, I discovered gaps in standard operating procedures of customer service process. So, I volunteered to resolve the short-comings. I found that high hold time of phone lines, because of slow internet speed, was causing the problem. I recommended increasing Internet bandwidth. Management opposed this recommendation. So, as a work-around, I changed the structure of the call center and reduced hold time by 25% in 4 months. Management readily approved my recommendations when I showed them the improvements. Within 6 months, average complaint response and turn-around time increased
Andrews Corporation is a multimillion dollar company that was designed when the parent company was mandated by the SEC in a monopoly settlement. This action resulted in six smaller companies. Along with the other five companies when the government split a monopoly into identical competitors, Andrews manufactures and sells sensors in five diverse market segments. As a monopoly, operating inefficiencies and poor product offerings were not addressed because increasing costs could be passed onto customers. Secondly, mediocre products would sell because customers had no other choices. Although last year’s financial results were decent, it is now our job increase product sales, marketing strategies, efficient production, and proper financial management to achieve financial greatness.
The amount of cash that Ford is carrying on its balance sheet is too much considering that additional money not used for the advancement of the company belongs to the owners of the firm, the shareholders. Having too much cash on its balance sheet will be a disincentive to Ford’s employees who consequently will feel not feel an urgency to perform and add value to the company. Notwithstanding the fact that the company is always on the lookout for acquisition targets even after already purchasing Jaguar Cars, Volvo Cars, and Land Rover in the past ten years, it is imperative that the company does not engage in such activities for the sole purpose of “empire
In order to achieve its goals clear guidelines were set that specified the degree and timing of acquisitions – focusing only on companies that exhibited stable earnings or earnings countercyclical to the gas transmission industry. Cooper focused on acquisition targets that possessed strong assets with high quality manufacturing and market-leading positions. Cooper continued to refine this acquisition model seeking companies with stable earnings using well-known technologies that served a broad customer base. Furthermore, Cooper focused on firms with high quality products and recognized brand names.
Tricorbraun was established in 1902, by Samuel Kranzberg in St. Louis as a used bottled company. Over the years Tricorbraun has evolved by successfully acquiring and integrating businesses to become the largest company in rigid packaging. Tricorbraun is currently ran by CEO, President, Vice president, and several Regional Operational Managers and over 2000 employees. Tricorbraun has three design centers in the United States, forty offices internationally and creates over one billion in revenue. Tricorbraun is one of the largest suppliers of rigid packaging worldwide making it a leading force in the packaging industry for the past three decades. Tricorbraun knowledge, skills, and innovations provides leverage over competitors.
Dixon is raising debt capital by issuing long3 and short term bonds; an interest rate of
Nuplex Industries Limited develops, manufactures, and sells resins used in decorative, industrial, automotive, and protective coatings. The company offers resins and additives, such as liquid, waterborne, and solvent borne resins and additives, as well as solid powder resins for a range of industries comprising paint, automotive OEM, vehicle refinish, building and construction, transportation, infrastructure, consumer electronics, and white goods, as well as furniture and flooring industries; and supplies resins used in adhesives, inks, and textiles. It also provides composites, including polyester and vinyl ester resins, gel coats, and flow coats; distributes specialty chemicals and raw materials to various markets and industries; and produces resins and chemicals used in the production of pulp and paper products in Australia and New Zealand. In addition, the company manufactures and distributes resin-based flooring systems.