Company Profile of Motorola

After historic period of being the worlds leading supplier of wireless communications, semi-conductors and advanced electronic systems and services, things have began to slow have for Motorola, Inc. This follow was once cognize for its cutting-edge technology and aim of quality. Motorola is now working to revamp its image and catch up with the competition.\n\nMotorola has non yet healed despite restructuring efforts. The company attributes whatever 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 thirdly of its workforce-have been eliminated. Over the next ennead to fifteen months, four much semiconductor plants depart be shut down. This will sequel in the loss of 2,500 jobs.\n\nMotorolas five-point strategicalal plan\n\nIn 1998, Motorola decided to reshape the companys strategy. They decided to go back and seek to change everything at Mot orola except their principles, characters, and ethics. This five-point strategic plan is as follows:\n\n1. revitalize the management team\n2. change the balance sheet and purify financial flexibility\n3. take costs and manufacturing capacity\n4. cite natural, in advance(p) products and growing guest relationships\n5. Evaluate and re-evaluate melodic line plans in order to remain agonistic 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 leading in 70 of Motorolas ampere-second most important assignments at bottom the last 18 months. They likewise hired a new president and chief operating(a) officer.\n2. They generated more than $1.9 billion in positive operating property flow in 2001 and bring down the ratio of terminate debt to net debt plus equity from 27 percent to 18 percent.\n3. They reduced their employee population by trinity and closed five manufacturing facilities. In 2001, four additional facilities will be closed.\n4. They enhanced their stead in telematics by externalise a platform wireless chipset.\n5. They launched a new chinaware growth strategy.\n\nAlthough, Motorola addressed the contain to add new innovative products in their five-point strategic plan, they did not address the fact that they remove to be more assertive to get on the...If you desire to get a liberal essay, order it on our website:

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