...000 people are employed. Customer base of Henry Schein is more than 775,000, which are being served directly or indirectly by Team Schein Members. Henry Schein continuously for 12 consecutive years has been selected as a FORTUNE World’s Most Admired Companies, ranked as number 10 in the Barron’s 500, and was chosen to Ethisphere’s list of World’s Most Ethical Companies in 2012 and 2013. The company had achieved inspiring growth under the impressive leadership of Stanley Bergman and his executive team, several members of the team had been with Schein for decades. Besides impressive growth, small family-owned businesses are the backbone of the company’s growth the company heavily depends on small family-owned businesses, both inside the U.S., and out of the country. Bergman and his team spent a lot of their time on developing and sustaining culture stand on care and esteem and considered it, as a key competitive advantage for the success of the company. The principles behind Schein's culture and current challenges of sustaining the culture as the company continues to expand internationally are examined in a given case, also its object to be the first national distributor of dental supplies in China. Simultaneously, Schein was developing strategic alliances with its suppliers and distribution network to evolve from being primarily a logistics company to manufacture components with a value-added service to transform their business practice from a company with a prime focus on...
Words: 1266 - Pages: 6
...the late 1890s on a joint and expeditionary footing. The U.S. Army has maintained a constant presence since then, fighting in more campaigns in that part of the world than anywhere else outside the Americas. The Asia-Pacific remains, as it was in the 1800s, one of the world’s most important, dynamic and challenging regions. Its importance was shown by a U.S. Defense Strategic Guidance, signed by President Obama in early 2012, directing a national refocus of effort or “rebalance” towards Asia Pacific, with special emphasis on preserving peace and stability. Implementing this Asia Pacific-focused strategy has increased the importance of military relationships, activities and the need to employ land forces in this region, placing U.S. Army Pacific (USARPAC) on the leading edge of demonstrating our nation’s continued commitment in the Asia-Pacific—a unique position replete with myriad challenges and opportunities. Land Forces Employment, Air and Naval Access The U.S. military has enjoyed unfettered air and naval access across the Pacific since World War II. Working with treaty allies in Australia, Japan, Republic of Korea, the Philippines, New Zealand, and Thailand, the United States has built a network of ports and bases that allows it to project and sustain military power. China’s recent investment in its military capabilities, especially in intermediate-range missiles whose range and capabilities pose a risk to the U.S. Navy as well as forces stationed nearby, has the potential...
Words: 1137 - Pages: 5
...the organization and when managed properly add value to the company in the areas of quality, profitability, and customer satisfaction, therefore sustaining a competitive advantage through strategic planning (Noe, Hollenbeck, Gerhart, & Wright, 2004). The roles and exact responsibilities of human resource departments vary from company to company; no two are identical (Noe, Hollenbeck, Gerhart, & Wright, 2004). Globalization and Diversity However, one human resource role remains the same from company to company. As a vital part of the organization’s strategic plan, HRM must also adapt with industry trends to maintain growth. Companies adjust to changes in marketing, supply, demand, legal, financial and environmental trends on a constant basis. HRM must also monitor, adapt and implement new strategies to combat trends within human capital to maintain a successful competitive advantage because every organization wants to hire, train, develop and retain the best employees within their industry. As companies strive to become globally competitive, human resources must leverage to the full capabilities of its work force in order to capitalize on its diversities (2007, Need to transform). Companies must prepare for completion in increasingly global markets by hiring from an international labor pool and training employees for global job assignments. HRM will have to identify and plan for legal, cultural and ethical issues that may arise from these new...
Words: 772 - Pages: 4
...Effects of Quality Management on Domestic and Global Competition Yudyth Vera MGT/449 January 23, 2012 Dr. George DeMetropolis Effects of Quality Management on Domestic and Global Competition Quality management is an essential factor in any commercial industry, regardless of the targeted customer segment. The effects of proper management and the measurement tools used are evident in successful airlines servicing both U.S. and international passengers. For U.S. domestic carrier, Southwest Airlines their focus on quality has provided three consecutive years of profitability. While international German airline, Lufthansa has attained longevity of ~90 years because of their ability to adapt to political and economical challenges. This paper will address various topics concerning the effects of quality management on domestic and global competition. First it will provide a definition of an airline and highlight company information for service providers Southwest Airline and Lufthansa. Second, it will provide a description of the processes similar between Southwest Airlines and Lufthansa and explain the processes from beginning to end. In addition, an explanation of the process and how it produces a competitive service in the domestic and global markets will be presented. Last, this paper will explain how quality management affects the position of the companies in the domestic and global market. Airline Industry and Overview of Southwest Airlines and Lufthansa ...
Words: 1162 - Pages: 5
...Cultural Challenges When Entering the Global Market Prepared by: Dennis M. Reilly, Regent University, LDSL 724, Cultures & Values I. Executive Summary Globalization can be defined as the inevitable integration of markets, nation-states, technologies and people in a way that is enabling individuals, organizations and nation-states to reach around the world farther, faster, deeper, and cheaper than ever before. Culture has become a highly significant factor in determining the success in today's international business environment. In particular, organizations entering the foreign markets either by expansion or mergers and acquisitions (M&A’s) are known to suffer at a high failure rate due to not understanding and preparing for cultural differences. Studies suggest that failure is due to different and often controversial relationships between cultural differences, integration and performance. The purpose of this white paper is to examine the cultural concerns when American corporations/organizations enter foreign markets and the impact cultural understanding or the lack thereof has on their success or failure. II. Culture “Culture is not only all around us but within us as well”. Each individual within an organization comes with a unique background and culture. Culture can be defined as the blending of values, politics, beliefs, behaviors, customs and attitudes that distinguishes one society from another. Since culture is a learned behavior that encompasses...
Words: 3281 - Pages: 14
...Nestle: Sustaining Growth in Mature Markets Describe the characteristics of each of the following elements in the Current Competitive Landscape: Globalization, Technology, Knowledge, Strategic Flexibility, Quality, and Profit Pool. Nestle’ recognizes that increasing globalization is leading to the development of more and more international recommendations. Although, as a general rule, these recommendations are addressed to governments they inevitably impact on business practices. [ (Brabeck-Letmathe, 2004) ]. The internet is changing the way of doing business. It concerns business-to-business relations and also the Company’s interaction with consumers. In this respect nestle’ S.A. has an Internet Privacy Policy which is available on the Corporate Website. This policy aims to protect the privacy of the users; it covers, for instance, the accessing, deleting or correcting of information, the security of information, and relates also to tracking technologies [ (Brabeck-Letmathe, 2004) ]. Nestlé’s broad known of their products and laws that are required in order to design different product are impeccable. Needless to say one company has to know about water, using raw materials, nutrition for not only infants but everyone including animals. Nestlé’s knowledge of human rights gives them a strong understanding of strategic flexibility. Nestle’ recognizes that governments are ultimately responsible for the establishment of a legal framework for protecting human rights...
Words: 1293 - Pages: 6
...Global leadership Development Ways in which IBM engages into global integrated enterprise (GIE) International Business Machines Corporation, or IBM, is an American multinational technology and consulting corporation with headquarters in Amonk New York, United States IBM operates in five segments: Global Technology Services (GTS), Global Business Services (GBS), Software, Systems and Technology and Global Financing. GTS provides IT infrastructure services and business process services. GBS provides professional services and application management services. Software consists of middleware and operating systems software. Systems and Technology provides clients with business solutions requiring advanced computing power and storage capabilities. Global Financing invests in financing assets, leverages with debt and manages the associated risks. The company was founded in 1911 as the Computing Tabulating Recording Company Computing (CTR) through a merger of three companies: the Tabulated Machine Company, the International Time Recording and the Computing Scale Company. CTR adopted the name International Business Machines in 1924.In 2012, Fortune ranked IBM the #2 largest U.S. firm in terms of number of employees (433,362), the #4 largest in terms of market capitalization, the #9 most profitable, and the #19 largest firm in terms of revenue. In December 2012, it acquired Kenexa. In February 2013, it acquired StoredIQ Technology advancements have forever changed the way business...
Words: 2536 - Pages: 11
...Shell, is incorporated in England and Wales. Shell is engaged in oil and gas exploration and production, transportation and marketing of natural gas and electricity, and marketing and shipping of oil products and chemicals (www.itcilo.org). Shell’s strategic plan is to impose their status as a global power in the oil and gas industry. Providing a profitable shareholder return and meeting global demands for energy is a top priority. Shell’s core values are honesty, integrity, and respect for people. Global Corporation Types of Businesses “Shell is one of the world’s largest independent oil and gas companies in terms of market capitalization, operating cash flow and oil and gas production” (www.static.shell.com). The company consists of a global group of energy and petrochemicals companies. The number one goal of Shell are to engage resourcefully, reliably, and beneficially in oil, oil products, gas, chemical, and other selected businesses. Market Share For the past five years, Shell has been the industry leader in lubricant suppliers. During these years, Shell has gained 13% of the market volume in the United States and 23% in Mexico, the fastest growing North American market. Global demand for lubricants has grown around 6% since 2009 signifying a gradual recovery from these economic hard times. “The strongest growth is predicted to come from the BRIC countries--Brazil, Russia, India and China--plus South Korea. Predicted continued growth for South America bodes well for...
Words: 1205 - Pages: 5
...Q2. Globalization of L’Oreal After spreading as a sought after brand in Europe, L’Oreal decided to become global and its first stop was the United States. L’Oreal was indeed good at studying its new market. Soon enough it was competing well with the top local brands in America and the reason for its success was the acquisitions that it underwent in order to grow internationally. The acquisitions of companies such as Maybelline Kiehl’s and Redken acted as the thway for the growth and success of L’Oreal. The acquisition strategy implemented by L'Oreal guide them to be the world leader company in the beauty industry; all these US acquisition they made created a sub division within their products catalogue, consumer, professional, and luxury, L'Oreal's success is a clear example of how to implement a corporate strategy and manage a brand internationally to achieve a massive growth even when the market they sell their products in isn't very steady, the key was to understand and successfully satisfy the needs of every customer through its products like they did with the Wet Lipstick in Japan, or the Research and Development process they carry out to satisfy the Afro-American customer needs. L'Oreal has the capacity to reach more people across the world than any other beauty company thanks to their distribution channels and also is able to generate a bigger income rather than other companies due to their big products catalogue. The prospect of increasing profitability and market...
Words: 2603 - Pages: 11
...← The United States Coast Guard (USCG) ← The United States Coast Guard (USCG) is a branch of the United States Armed Forces and one of the seven U.S uniformed service. Their role is critical to national security. Its mission is to protect the public, the environment, and America’s economic interests in the nation’s ports and waterways. The Coast Guard values diversity, teamwork, and responsiveness. Their mission in valuing diversity is to build a positive and respectful work environment for all personnel, regardless of their similarities or differences, to enhance our mission capabilities. Their values embody selfless service achieved through the contributions of each individual. The Coast Guard core values are honor, respect and devotion to duty. Honor: Integrity is our standard. We demonstrate uncompromising ethical conduct and moral behavior in all of our personal actions. We are loyal and accountable to the public trust. Respect: We value our diverse workforce. We treat each other with fairness, dignity and compassion. We encourage individual opportunity and growth. We encourage creativity through empowerment. We work as a team. Devotion to Duty: We are professionals, military and civilian, who seek responsibility, accept accountability, and are committed to the successful achievement of our organizational goals. We exist to serve and we serve with pride. In regards to the Coast Guard form of communication they use what is called a chain...
Words: 663 - Pages: 3
...disarmament that has seen many successes and challenges since the 20th century. The two terms have at some point been differentiated where disarmament agreements are often deemed as direct prohibition of weapons possession and production, while arms-control agreements often start by limiting testing, deploying, or using of some types of weapons. Arms-control efforts especially between the Soviet Union (U.S.S.R.) and the U.S. during the Cold War were crucial to limitation of the nuclear arms race, and by the 20th century’s end, arms control as a term started denoting any arms-limitation or disarmament agreement (Browne, Shetty and Somerville 377). The most important are the NPT (Non-proliferation Treaty) and the CTBT (Comprehensive Test Ban Treaty). The main benefit or importance of the NPT is that of ensuring that international peace and security are enhanced. Nonproliferation is built on the belief that there is international consensus regarding the further spread of nuclear weapons as occasioning weakening to security in all states, as well as leading to regional and global instability (Jones 5). The NPT has indeed been the bedrock for the international nuclear nonproliferation regime that includes safeguards, legal restrictions frameworks,...
Words: 1285 - Pages: 6
...INTRODUCTION The present global socio-economic-political and technological landscapes have undeniably pose serious challenges and opportunities to the United States as the only super power in the world at the present. It is not only globally superior in terms of military might and technology but also the biggest economy in the world. Such epitome of global success and leadership for more than a century has been the very beneficial to the U.S. and its economy particularly in the pre-9/11 and pre-2007 global financial crisis eras. But these events particularly the 9/11 attack for example have created serious blow to the U.S. global leadership and its image. Like in the area of the U.S. foreign policy in which its global image defends upon that has also significant implications on its economy, global economic and political interest. Hypothesis The evolution U.S. Foreign Policy for example has been intertwined with the changes of the socio-economic-political and technological landscapes. But for the first time in U.S. History, Terrorism has become the major cause of the abrupt changed in its Foreign Policy which has some serious implications on its national security, political and economic interests in different regions of the globe including West African region which composed of countries like Angola, Benin, Cameroon, Cape Verde, Democratic Republic of Congo, Côte d'Ivoire, Equatorial Guinea, Gabon, Gambia, Ghana, guinea, Guinea-Bissau, Liberia, Mauritania, Namibia, Nigeria...
Words: 3410 - Pages: 14
...International Business Section 8457 Professor: Dr. Bennett Very Successful Global Firm August 24, 2015 Fresenius Medical Care is a company that manufactures dialysis machines and products for chronic kidney disease patients. This company is recognized for their innovative technology that has taken over the world. This is why Fresenius Medical Care is a successful global firm. Fresenius Medical Care was started in Frankfurt, Germany by Hirsch Pharmacy, which was owned by the Fresenius family (fresenisumedicalcare.com). This family found innovative ways to turn their small pharmacy into a worldwide business. According to the company’s website, the Fresenius family started marketing dialysis machines to gain substantial marking shares. Once they started manufacturing dialysis machines and products this Germany based company took the world by storm. Fresenius Medical Care, is now the world’s leading provider of products and services for people with chronic kidney disease. Fresenius Medical Care has been around for hundreds of years according to history page of the company. In the 1960’s this company discovered that they had an invention that was needed around the world to help preserve the quality of life. This is when Fresenius Medical Care started focusing on sustainable growth so they could improve the quality of life for their patients with kidney disease. They would do that by continuing to offer innovative products and treatment concepts of the highest quality...
Words: 1387 - Pages: 6
...Internal Analysis Constant changes in management – 1995-2006 CEO Replacements, Shrontz, Condit, McNerny Condit developed the 2016 vision but was McNerny able to keep momentum going. There were too many re-orgs which change management could affect operations and perspectives. There did not seem to be IT involvement/inclusion in the Technical Advisor Council, who was responsible for its oversight, and IT did not seem to be part of the council. Boeing did not seem to have strategic focus and leadership. • Boeing realized that they could no longer focus on airplane manufacturing to be successful • Boeing realize that they were dependent on a cyclical airline market • Boeing shareholders were it executive leadership, shareholders, employees, customers, suppliers and partners, secondary stakeholders were airline customers • in 1994 Boeing's earnings shrank by nearly half then they laid off 9300 employees. • In 1997 Boeing lost the 178 million, 90% drop in profits due to production delays. • 1999 Airbus outsold Boeing for the first time. Problems • Boeing had change management problems incurred from the M&As, and did not effectively integrate business practices/processes to produce cohesive collaboration, communication, processes, integrated networks from all the acquisitions. “the biggest challenges and risks we face are cultural and organizational – not technical” o “But there was no systematic, holistic view of how to add them together. Our Task is to take these...
Words: 1725 - Pages: 7
...Toyota | | Lean Changed the Auto Industry Introduction In order for any business to succeed, the business needs a strong leader. Taiichi Ohno, Toyota’s businessperson and engineer, led the implementation of Lean during the 1950’s and 1960’s. Prior to Ohno leadership, he learned the auto industry from Toyota founder Kicchiro Toyoda. In the post World War II recession, Toyota was near bankruptcy, and workers went on strike. In 1950, Toyota began to restructure their company and settle the strike. In the settlement, Toyoda and other top executives resigned (1). After the strike, Toyota utilized Lean to save their company from bankruptcy. In the process of developing Lean, Toyota became a leader in the auto industry. They sold 10.23 million vehicles in 2014, which ranked them number one in global sales (15). The report show and pinpointed how Toyota developed and used Lean Accounting and Manufacturing to become the number one seller of automobiles. The Development of Toyota Production System Taiichi Ohno, the primary architect, and his consultant Shigeo Shingo designed the Toyota Production System (TPS). The TPS emphasizes on avoiding any waste. Toyota lacked resources to invest in new production equipment or carry inventory. The TPS concept is the anti economies of scale. Cho and Taiichi preached this concept to their employees as they transformed into a lean organization. They could only afford to purchase the exact amount of materials needed to produce...
Words: 2471 - Pages: 10
