Business Management Article Dell’s new retail business and supply chain approach Dell is taking steps to turnaround its business and recovering from losses and decline in its profit margins. Dell had first announced cost-cutting measures as early as May last year. In 2007, Dell changed its direct-sales model to offer computers in retail outlets, after [...]
Turnaround Strategy
GE’s Turnaround and Jack Welch’s straight talk
January 26, 2008 – Business Management Article “Jacked Up: The Inside Story of How Jack Welch Talked GE into Becoming the World’s Greatest Company” is a 315-page book written by author Bill Lane. Bill Lane is none other than Jack Welch’s former speechwriter. In his book Bill recounts how John Francis Welch Jr. (Jack Welch) [...]
Will restructuring help Starbucks Turnaround?
Case Study Contents Introduction Exhibit I: Stock performance graph of Starbucks for past five years The Starbucks Story Starbucks – Early Days and Background Note Building of the Starbucks Brand Entry into International Markets Starbucks – Quick facts Starbucks – Timeline The Restructuring Moves Reorganization No warm breakfast sandwiches but new beverages Transforming the in-store [...]
Jamie Dimon – The man behind JPMorgan’s Turnaround
Jamie Dimon (Dimon), president of JPMorgan is referred to as one of the best numbers men around, a Wall Street legend or the right-hand man to Sandy Weill – the titan of banking behind Citigroup. He is also known as an aggressive banker, savage cost-cutter, direct boss who eschews excessive wealth ($44.4 million or £22.2 [...]
Restructuring at Sears – Can the Retailer Turnaround its business?
Sears – Moving from centralized to decentralized management structure In 2005, Sears Holdings was formed with the merger of Kmart and Sears. When the merger took place, a centralized managed structure was essential to control costs and focus on integrating the two companies. But recent profit declines and its struggle to win customers from its [...]
AOL-Time Warner Turnaround Strategy
AOL-Time Warner Turnaround Strategy The problem faced by Time Warner after its merger with AOL is an issue which merits discussion. The AOL-Time Warner merger in 2001 resulted in the largest media company in the world. AOL joined hands with Time Warner (TW) to create synergy between its online businesses and Warner’s media business. Two [...]