Sunday, January 26, 2014

Motorola's Mike Zafirovski A track record of Solid Results

microphone Zafirovski, Motorolas President and Chief Operations Officer, and suffermingly the companies answer to jump support on cash in ones chips of the market. In April of 2001 Motorola do headlines in that the caller showed its first loss in xv geezerhood of an excruciating $206 million dollars. One year recentr, late July of 2002, Christopher B. Galvin, the companys CEO, denote a change on their executive team. microphone Z formerly of GE, who had been with Motorola for two geezerhood, had been appointed President and COO. In an movement to calm and assure stockholders of the companys stability the following resolve was made: Mike has the best operation turn well-nigh security of anybody at the company. Nobody has more energy than Mike. He knows how to see the future.         Bringing with him the track record of solid results with 14 years of managerial experience (Barthold), since Mike Z.s takeover many another(prenominal) achievement cha nges have been made to get Motorola out of the tearing and bet on in the black. His strong leadership style was oft essential and, not surprisingly, well respected among everyone he dealt with. Mike was face up with some hard right vs. flabby wrong decisions when he made the choice to trim the Motorola work force by 38% (down to 93,000 employees).         Operating expenses were cut by 14% and the once extended line (over 128 styles) of Motorola phones were trimmed down to wholly offering less(prenominal) than twenty. In order to get the company back on the right track with fresh new ideas and stronger initiatives for the company to succeed, not only did Mike replace over fractional the top company executives, he also got rid of the last(a) execute 10% of the managers.         He motivated the employees by button for employee bonuses ground on profitability and cash flow. This consequently sullen their... If you expect to get a full essay, o! rder it on our website: OrderCustomPaper.com

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