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Decision Making Analysis Discussion Summary

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Decision Making Analysis Discussion Summary
MGT/230
November 2, 2015

Anne Mulcahy, former president, current CEO of Xerox, started out earning a degree in English from Marymount College in New York. Anne originally wanted to be an editor like her father. However, her older brother, who worked at Xerox, convinced her to join there instead. After years of dedicated work, she looked at her company like it was a family. Needless to say, this caused her to make some hard choices over the years. When it looked as if the company was going under. When the company was knocking on bankruptcy's door, then things got worse when the SEC began investigating accounting practices, which caused Xerox a fine of Ten million dollars. Action had to be taken and Anne stepped up to do so. She cut one billion dollars by cutting jobs and selling off divisions, and ending certain projects. This obviously was a hard decision to make. This company was a family to her, it was important to save it. Save the jobs of the entire company, but cutting only a portion. This includes the even shutting down the Deskjet printer division she started. With hard work, progressive thinking and decision-making, Anne was able to save the company through a risky gamble. She saw this company needed to change, she knew the best way was for a complete transformation. She sorted out the printers and functions nobody wanted, she started putting money into new technology, like color digital printing and consulting services and released the line of new high-end digital color printers and copiers. These were the printers people wanted and needed and she knew it. She knew this was the only way she could save the company from closing and everyone loosing their job. Her risky decision to this day seems to have saved the company. Still the company is facing its own set of troubles, with its competition of

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