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Herman Miller Case

In: Business and Management

Submitted By bendenardo
Words 276
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TO: BUS 470 Consultants
FROM: Brian Walker
RE: Comparison of financial performance with rivals
DATE: April 4, 2012

Herman Miller is reviewing the adequacy of our current strategy and we are requesting your services for a specific part of the analysis. Please conduct an analysis of our financial performance to determine how well our strategy is working. Include in your analysis comparisons with our principal rival(s), an analysis of the strategic factors leading to the financial performance, and, if relevant, an analysis of the strategic implementation. Please provide make specific, actionable recommendations based on your analysis of the facts.

Provide a physical copy of your memo on or before April 18, 2012.

As part of your analysis, please complete the following tables and append them to your two page memo in response to this request. Please use percentages for each of the criteria. Fiscal year ending | | 2010 | 2009 | 2008 | 2007 | 2006 | Net sales | 100% | 100% | 100% | 100% | 100% | Cost of sales | | | | | | Gross margin | | | | | | Operating expenses | | | | | | Selling, General and Administrative | | | | | | Restructuring | | | | | | Design and research | | | | | | Total operating expenses | | | | | | Other expenses (income) | | | | | | Interest expense | | | | | | Interest and other investments | | | | | | Other, net | | | | | | Earnings before interest and taxes | | | | | | Income tax expense | | | | | | Minority interest | | | | | | Net earnings | | | | | |

Fiscal year ending | | 2010 | 2009 | 2008 | | HM | Steelcase | HM | Steelcase | HM | Steelcase | Revenue | 100% | 100% | 100% | 100% | 100% | 100% | Cost of sales | | | | | | | Gross profit | | | | | | | Operating expense | | | | | | |...

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