Premium Essay

Kelly Services Final

In:

Submitted By spruillster
Words 3071
Pages 13
Kelly Services, Inc.

Group 7

Has Kelly Services Inc. underperformed or outperformed its competitors? On what dimensions?

Financial ratios are great indicators to find a firm’s performance and financial situation. Most of the ratios are able to be calculated through the use of financial statements provided by the firm itself. They show the relationship between two or more financial variables that can be used to analyze trends and to compare the firm’s financials with other companies to further come up with market values or discount rates, etc.

After coming up with all of the financial ratios the financial statements are able to provide, management can figure out the trend analysis, cross-sectional analysis and industry comparables analysis.

Profitability ratios show how profitable and efficiently the company generates profits on its sales. They also indicate how efficiently a company controls its expenses, as well as how efficiently a company uses its assets in producing sales.

Looking at the financial statements in Exhibit 4, we were able to provide a concise analysis of the profitability ratios of Kelly Services Inc. while comparing them to the profitability ratios of Olsten.

|Kelly Services Inc. | | |Olsten | | |
| | | | | | |
|Profitability Ratios: |1984 |1985 |Profitability Ratios: |1984 |1985 |
|ROS: (NI/Sales) |3.60% |3.72% |ROS: |2.74% |2.78% |
|ROA: (NI/Assets) |17.93%

Similar Documents

Free Essay

Kelly Services Inc.

...Kelly Services, Inc. 999 West Big Beaver Road Troy, MI 48084 December 2, 2012 Mr. Laszlo Bock, Senior Vice President People Operations Google, Inc. 1600 Amphitheatre Parkway Mountain View, CA 94043 Dear Mr. Bock: You’re invited to join 90% of Fortune 500 companies that have streamlined human resource management while maintaining a high performing workforce. We at Kelly Services are making this offer because we know it’s hard for growing companies to process job applicants and continue recruiting top talent while controlling expenses. Adapting the hiring process to meet the needs of a large company requires a special approach. Recruiting efforts must be coordinated to avoid wasted endeavors. Outsourcing projects is a consideration to limit rising recruiting cost. To add complexity, offering a broad spectrum of products and services on a global scale requires workers with various skill sets in multiple countries around the world. It is necessary to fill specific positions, while juggling the need to maintain equal opportunities for individuals with diverse backgrounds. Geographic and cultural barriers can make it hard to source qualified workers. Kelly Services understands the issues facing Google and knows the difficulties involved in managing human resources in a large organization without an experienced partner. That is why we are offering our proven expertise, which has won multiple awards from successful companies such as Chrysler, Ford, Intel,...

Words: 710 - Pages: 3

Premium Essay

Team Project English 227

...Week 4 group project Nova Biomedical USA Final Draft You have asked me to research and analyze a company that we could potentially enter into a mutually beneficial business agreement with. According to research I have gathered from several different sources Nova Biomedical USA would be an excellent candidate. We have the potential to meet all of their staffing needs, just as they have the ability to become a profitable contract for us. Nova Biomedical develops, manufactures and sells advanced technology blood testing analyzers based on electrochemical and optical measuring techniques. They employ over 1,000 people and have sales and service subsidiaries in 7 countries and distributors in over 90 other countries. Nova has manufacturing facilities in Waltham and Billerica, Massachusetts, as well as Taipei, Taiwan (Unknown, 2012) “Nova is one of the 25 largest in vitro diagnostic companies in the world and the largest privately owned in vitro diagnostic company in the United States." (Unknown, 2012) As the above quote from Nova's website states they are a large company and are involved in a global industry. This is one reason Nova is a good fit for Kelly Services. In the past decade Nova had been through some trying times and a major change. They have been through two significant intellectual property lawsuits involving patents and trade secrets (Salzman, 2013). Though they came out victorious...

Words: 723 - Pages: 3

Premium Essay

Accounting

...(http://www.forbes.com/sites/joanlappin/2014/02/28/evolving-dupont-emerging-as-a-leading-dow-industrial/) Dupont is a company that truly cares about how to better the world one innovation at a time. ''It retains a robust patent portfolio but more importantly, it continues to find new uses for the things it has and continues to invent.'' It has created many new products and resources that are used around the world, while continuing to hire new scientists, technicians, and inventors to continue producing more environmentally friendly solutions. This is quite a large company with many hiring opportunities needing specialist in a variety of fields. We believe Dupont would be an amazing company to outsource our world class business staffing agency. Kelly services would be an...

Words: 470 - Pages: 2

Free Essay

Management

...Customer satisfaction and identify the key factors determined sales of Skoda A Proposal Prepared for Kelly Services By Nabina Shrestha Kathmandu, Nepal 1. BACKGROUND Skoda European premium and luxurious car is one of the largest car manufactures in Europe and also famous automobile manufactures in Europe. 2. RESEARCH OBJECTIVES Conduct Quantitative interviews among existing consumer groups to evaluate/ assess the satisfaction level of customer and identify the most determined factors made sales of car. ← Identify the most determined factors made sales ← Consumer satisfaction (quality and convenience) ← Most effective Communication campaign ← Suggestion for further improvement etc.. RESEARCH DESIGN 1 Target Segment Respondent details Will be provided by Skoda ... 2 Sample Size : 48 |Age Group |Sample Size | | | | | | | | | | 3.3 Area Coverage Kathmandu Valley 5 Overall Survey Methodology The study will be quantitative in nature. The structured questionnaire will be canvassed to respondents selected. The investigator will be trained to be able to administer the set questionnaire. INFORMATION AREAS To avail...

Words: 397 - Pages: 2

Free Essay

Dollar General Analytical Report

...The Dollar General Informal Analytical Report Professor XXX DeVry University June 1, 2014 999 West Big Beaver Road Troy, Michigan (USA) 48084 kfirst@kellyservices.com Dollar General is widely regarded as one of the chief discount vendors in the United States. Based in Goodlettsville, Tennessee, it has over 11,000 stores across 40 states, serving to customers with the idea of making shopping easier, and convenient, by carefully sorting out the goods, and selling them at spectacularly low prices, the store’s growth rate saw a decline Because the targeted audience of Dollar General looks for buying everyday household good at the lowest prices, they are suspended to growing more in periods of recessions. Such stores find themselves under pressure at times because they cannot increase the prices of their goods even when the costs of operations are on the rise. By analyzing the average earnings of household in the West of the country, as well as Upper-Midwest, there is room for growth courtesy of new stores. Opening of their stores in California could well be stressful for them, as the market is challenging, and there is little room for newcomers, unless they come up with impressive deals. On the other hand, their plan of having a merger with their rivals Family Dollar is on the cards, though it is hard to figure out the impact it would have on the two parties/the newly formed company. Also, Dollar General does not cater all departments...

Words: 660 - Pages: 3

Free Essay

Kelly Services

... From: Kelly Services Acquisition Date: October 5, 2013 Subject: Talent Acquisition Partnership Dear AT&T Decision Makers, At Kelly Services, we understand the importance of hiring qualified, customer-focused individuals to fill crucial positions and key roles in an organization. We know how time consuming this process can be and we are here to help. Kelly Services has been connecting employees to companies since 1946. The name has changed a few times, but the excellent service has not. “Kelly Services has been recognized for its quality processes, management practices, supplier diversity, and community involvement with many awards.” (Kelly Services Inc., 2013). “We are an international company that provides employment for 560,000 employees every year which include many Fortune 500 companies.” (Kelly Services Inc., 2013) “Kelly Services offers a comprehensive array of outsourcing and consulting services as well as world-class staffing on a temporary, temporary-to-hire, and direct-hire basis.” (Kelly Services Inc., 2013). With our years of experience, we are confident that we could provide qualified professionals to AT&T and contribute to the growth of your organization. The chart below is from our supplier engagement survey and reflects the business assistance that we offer to our suppliers, to increase the bottom line. As you can see, 62% of suppliers indicated that they would be ‘highly likely’ to provide services as a supplier to another Kelly program...

Words: 1034 - Pages: 5

Free Essay

Karl Marx

...Carleton University Department of Political Science Winter 2016 PSCI 3600B International Institutions Thursdays - 11:35am to 2:25pm Please confirm location on Carleton Central Instructor: Office: Office hours: Telephone: e-mail: James Milner Loeb A629 Thursdays, 3-4pm and Fridays, 10-11am (or by appointment) (613) 520-2600 x2211 James.Milner@carleton.ca Please use your Carleton e-mail address or the e-mail function of cuLearn to send an email to the instructor or TA and always include the course code in the subject line. First class: Last class: 7 January 2016 7 April 2016 NOTE: No class meeting on 18 February 2016 due to Reading Week cuLearn: On-line components of this course will be managed through cuLearn. Please visit the cuLearn site at least once a week to receive the most current information pertaining to the scheduling of the course and required readings. Course objectives: International institutions have come to play an increasingly important role in global politics in the last century. Arguably the most prominent of these institutions is the United Nations (UN). Established in 1945 and in the immediate aftermath of the Second World War, the UN’s Charter set out the rights and obligations of Member States, and pledged to: “save succeeding generations from the scourges of war”; “reaffirm faith in fundamental human rights”; promote “respect for the obligations arising from treaties”; and “promote social progress and better ...

Words: 3716 - Pages: 15

Premium Essay

Planning for Growth

... BMGT 110 (6981) – UMUC Final Project Professor S. Goyal Abstract Kelly has a well established lunch business and is ready to take the next logical step with her company, expansion. She will need to develop and implement a strategic addendum to her business plan, that will focus primarily on the growth of the company, in order to meet her range of goals. The proper business plan will entail more than just demonstrating how her revenue will grow by the numbers; Kelly’s growth strategy must attest to her capability to responsibly bring her food services to new customers and new markets, perhaps even introducing new products. Growth Strategy The first step that needs to be taken to in the organization and prioritization of Kelly’s growth strategy is for her to diagnose the health of her business. This preliminary step involves gathering the detailed information about each of Kelly’s four business divisions (finance, human resources, marketing, and operations), so that she is able to measure exactly how well the business is doing and pinpoint where changes will be needed. Kelly, preferably with an advisor, should scour through the business information, cash flow and income statements, balance sheets and statements of owner’s equity, analyzing her company SWOT (strengths weaknesses opportunities and threats) in order to better assess the company’s capabilities and expansion needs. The value of a SWOT analysis is two-fold, as not only does it allow Kelly to evaluate her own company...

Words: 1763 - Pages: 8

Premium Essay

Strategic Planning

...France Osias started “La France Boutique” in 1980 as a clothing retailer in Sand Bank, Treasure Cay, Abaco, Bahamas. “La France Boutique” has since grown and has started retailing clothing, cosmetics, cooking items, shoes and perfumes. La France Boutique was the final destination for purchasing any item. In the year 2011 during the down falls of the recession “La France boutique” a decrease in client. Introduction In the year 2011 during the down falls of the recession “La France boutique” a decrease in client. And survey said that customer service and technology Is the problem. What curses this problem I believe it is the lack of training of employee and also not updating our technology and keeping up with the latest trends in the industry. Planning to plan Members of Strategic Plan Sheila Petit-Phar Claudette Kelly France Osias Mark James Joe Peterson Jessica Davis Katie Nolan Why they are choose those persons France Osias………….Owner/CEO Joe Peterson ………… Very influent, well known Jessica Davis………… Great with electronics & Technology Sheila Petit-Phar…… Creative Katie Nolan……………Boldness & Opinionated Mark James……………Thinking Skills Claudette Kelly……… Adaptability Positions members of the Strategic holds within the organization/company France Osias………….Owner/CEO Joe Peterson ………… Supervisor Jessica Davis………… Customer...

Words: 1868 - Pages: 8

Premium Essay

Management

...Business Law 201 Spring 2007 Makeup Final Professor Steven Isler, Spring 2007 Exam Instructions: There are sixty questions on this exam and five extra credit questions. You have seventy minutes to complete it. This exam will make up forty-five percent of your overall grad. In the True/False section indicate whether the sentence or statement is true (A) or false (B). In the multiple choice section identify the letter of the choice that best completes the statement or answers the question. Each question is worth .75. Notes: I will update the grade sheet to include your score by 10:00 p.m. Pacific Time on May 30th. If you have been identified as a student being considered for a grade increase, your final grade will be available on Web Smart by May 28, 2007 ____ 1. The rights under a contract for personal service normally can be assigned. ____ 2. An intended beneficiary can sue directly to enforce a promisor's promise. ____ 3. A donee beneficiary can never sue to enforce the promise of a promisor. ____ 4. The vesting of contractual rights in a third party will always prevent the original parties to the contract from modifying it. ____ 5. If a contract does not require that performance be rendered directly to a third party, the third party will be considered an intended beneficiary. ____ 6. Conditions precedent are more common than conditions subsequent. ____ 7. Concurrent conditions occur only when the parties to a contract are required to perform their...

Words: 2780 - Pages: 12

Premium Essay

Club It Part 2

...Club IT Part II Ernesto Alcala University of Phoenix Business Information Systems BIS/219 Anthony Isom August 10, 2010 Club IT Part II Over the last few months after the business’ opening, Club It improves its systems to keep the business running such as intranet and strategy for competitive advantage. But, a recent study show to Lisa and Ruben; the company’s owners another kind of problems or topics who requires their attention: The company’s resources, customer’s relationship, and supply system. The Club IT’s owners, Ruben Keys and Lisa Tejada followed the first recommendations to keep their business ruling. Now the company still using the intranet system but, every employee use his/her own password to see his/her own information. Only the Ruben and Lisa can check the company’s information such as the company’s sales, stock, or, supply. The new intranet system allows the owners to evaluate their employees, how they manage their time and their efficiency. The customer’s feedback allows the owners to know their clientele’s likes and dislikes, music preferences, food and drink’s preferences. These issues allows Club It to take a competitive advantage over its competitors. However, a recent study shows that Club IT still need to improve three fields to keep and improve its success. The first one: the company resources as the technology. Currently, the intranet technology that Club It use allows the owners to know the currently issues inside the company. But, each department...

Words: 949 - Pages: 4

Premium Essay

Club It Part 2

...Club IT Part II Ernesto Alcala University of Phoenix Business Information Systems BIS/219 Anthony Isom August 10, 2010 Club IT Part II Over the last few months after the business’ opening, Club It improves its systems to keep the business running such as intranet and strategy for competitive advantage. But, a recent study show to Lisa and Ruben; the company’s owners another kind of problems or topics who requires their attention: The company’s resources, customer’s relationship, and supply system. The Club IT’s owners, Ruben Keys and Lisa Tejada followed the first recommendations to keep their business ruling. Now the company still using the intranet system but, every employee use his/her own password to see his/her own information. Only the Ruben and Lisa can check the company’s information such as the company’s sales, stock, or, supply. The new intranet system allows the owners to evaluate their employees, how they manage their time and their efficiency. The customer’s feedback allows the owners to know their clientele’s likes and dislikes, music preferences, food and drink’s preferences. These issues allows Club It to take a competitive advantage over its competitors. However, a recent study shows that Club IT still need to improve three fields to keep and improve its success. The first one: the company resources as the technology. Currently, the intranet technology that Club It use allows the owners to know the currently issues inside the company. But, each...

Words: 934 - Pages: 4

Premium Essay

Critical Thinking Case Study

...the reason. Chris Martinas, VP of Product Development and Pat Lambert, the new Director of Marketing have been collaborating on a new product that has to be initiated by the final part of the year. The new product happens to be the iScanner, which they have previously promoted except it will have new features, which makes it new and more advanced. The two of them have been figuring out a way to lower the budget by 15% and try not to not dismiss current employees. They have the funds of 400 K to use and have to convene with the right departments to launch the project. There was a problem through the emails among Pat Lambert and Kelly Thomas, Chief Engineer of Product Software. Kelly designed the original iScanner that was the groundbreaker in the developing retinal scanning security business. After discussing with you about the making of the product and not going outside 400K, Chris emailed Pat and Kelly on the way to do that and the way they could reach the deadline in August. The initial reply to that email was from Pat Lambert, the email was very optimistic and stated how Lambert did not think that it was going to be an issue to generate. The email after that was from Kelly saying that the team was placing themselves in a bad area with this project. Kelly asked Pat, “How can we maintain our existing service with our already short staff, and find time to make up something new”? She stated that “product development just doesn’t work that way”. The next email was from Chris and...

Words: 1321 - Pages: 6

Premium Essay

Marketing a Business

...Creating, Financing, and Marketing a Business BUS 100 March 3, 2013 Creating, Financing, and Marketing a Business A partnership is a voluntary agreement under which two or more people act as co-owners of a business for profit (Kelly & McGowen, 2012, p. 76). There are some advantages of this form of agreement whereas each partner has the right to participate in the company’s management and share in profits and losses, but also has unlimited liability for any debts the company incurs. A partnership is easier to establish compared to a corporation. Each partner will share start-up cost, and reciprocate support and motivation. Partnership earnings that pass through the business are taxed only as the partners’ personal income. In contrast to, unlimited liability, partners are jointly and individually liable for the business activity of the other. If a partner withdraws from the partnership, he is still responsible for any debt the business had at the time of withdrawal, it does not matter who created the obligation. Decisions are shared and differences of opinion can lead to disagreements, which can lead to one partner buying out the other. The various funding options for small businesses offer an individual an alternative to partnership. Federal, state, and local governments have all created government subsidy or incentive programs try to facilitate small business funding. Commercial banks and private investors also play a key role in funding small businesses...

Words: 1761 - Pages: 8

Premium Essay

Reflection Assignment

...having worked in “back-office” functions since graduation, I have always been very detail oriented and focused on the minutia of operations. As I progress on the career ladder, I want to develop a more holistic view of the business place. I know the Kelly program can develop the view for me. I want to advance my strategic skills, marketing skills, negotiating skills, and especially forecasting skills. I have realized I have difficulty seeing the big picture and that is necessary in management. My realizations were solidified when I took part in the Granola Project. During the project, I was very comfortable with taking on the financial analysis portion of our report/presentation. However I found that I was resistant to taking on a leading role, besides support research, in the other aspects. Since my overall goals are harder to measure, the gaps that I discovered while being involved in the Granola Project can be converted into more measurable and specific goals. One such goal is to be promoted to manager around this time next year. Currently I have the technical skills, but I would like to enhance my managerial capabilities. I find myself resistant to want to embrace the soft skills side of business. I am hoping the Kelly program will broaden my horizons and give me the tools I need to be able to see the big picture. I know...

Words: 932 - Pages: 4