...The Case: Merging Benefits at Huge Computer Company Two major high-tech companies, Huge Co. (HC and Computer Co. (CC), have recently merged to form Huge Computer Company (HCC) and are now starting to combine the operations of both. A key issue of the integration has been how to treat the benefit and retirement plans from the two-companies—in particular, how to blend the plans for the software engineers, who are key to the continued success of the new company. Read the following case and write an executive summary of your key findings for the partner of the Human Resources Consulting firm. Executive Summary: The Merging of Success Huge Computer Company is a result from a merger of Huge Company and Computer Company. Both well-renowned companies that specialize in the latest computer software and hardware. The merge is believed to be in the best interest of each company and will create an even more successful organization. The Mission: Combining business models and benefit plans Both companies have unique strengths to create an even more successful organization. Huge Computer Company combines older employees that have years of computer expertise and knowledge as well as younger employees that with a new outlook and edge when it comes to skillset. Background of Huge Company and Computer Company Huge Company has been in business for 20 years and has 22,000 employees worldwide. Many of the employees have grown with the company and have been accustomed to a formal corporate culture...
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...Change and Culture Case Study I Alesha Nesbeth HCS/514 September 9, 2013 Vinnette Batiste Change and Culture Case Study I The following paper will discuss the effects of merging a healthcare organization with a competitor. For the purpose of this paper the companies will be addressed as company A, company B, and company C. The following paper will discuss the merger in detail in regards to restructuring and the effect of the sale on the company as a whole as well as the culture and values of these two companies. A merger is the combining of two or more corporate entities to create one new organization with one licensure and one provider number for reimbursement purposes (Lielber & McConnell, 2008). In the case of company A and company B this is a Horizontal merger. Horizontal merger is a business consolidation that occurs between firms who operate in the same space, often as competitors offering the same good or service. Horizontal mergers are common in industries with fewer firms, as competition tends to be higher and the synergies and potential gains in market share are much greater for merging firms in such an industry ("Investopedia-Horizontal Merger", 2013). Mergers do not happen every day however; when they do it is for a variety of reasons. Such reasons as: the desire to increase size so as to have greater clout in negotiations with managed care providers who tend to bypass smaller enterprises; the desire to penetrate new markets to attract additional...
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...and Sprint merging would give each company strength in areas which they were lacking. Softbank would gain a strong foothold in a new market and Sprint would be more able to compete with larger corporations. Together these companies have the potential to grow in a corporate powerhouse. The Next Corporate Powerhouse Introduction The merger of Softbank and Sprint has the potential to launch the partnership into the category of a corporate powerhouse. The merging of these two already large corporations benefits both parties in a variety of ways. This paper will explore exactly how each company is benefited and what this means for future growth. Body The possible benefits of a merger between Softbank and Sprint are too much to walk away from. Although this deal is still awaiting approval, the future of Softbank and Sprint together looks bright. Both companies have the opportunity to for rapid growth and stand to gain a large percentage of market share. Softbank Benefits Softbank is a global company with large market claim in both Japan and Asia, as stated by Roger Cheng of CNET “In Japan, it's the third-largest mobile services provider, similar to Sprint's ranking in the U.S. But in Japan, it's an aggressive competitor and for several years made a name for itself as the exclusive provider of the iPhone…The company claims to own stakes in 960 mobile Internet companies around the world, primarily in Asia.” However, even with all of Softbank’s success, the company has yet to...
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...Cheryl has taken it from a small organization that hired only a small number of people to a large international organization. Cheryl is proud of her progress with the company but she is not satisfied with the current position. She wants to expand the company to be larger than it already is. In her quest to do this, however, she is faced with the problems and concerns that are highlighted above. Also, the fact that her main source of revenue comes from one customer puts her business at a lot of risk. Should anything happen to this customer, the company could find itself in serious financial difficulties. This customer could close down due to one reason or another of find another client to do the work. This would derive Banneker Industries over 60% of their main source of revenue. This could spell big trouble for the company whose only option may be to close down or go under receivership. This is something that Cheryl should address immediately and find other ways in which she can get more customers for the company and reduce her reliance on the one customer who provides the company with most of the work. One of the biggest sub-problems in this context is the economic downturn that America has been facing in the past couple of years. This problem may have had an impact on the willingness and ability of other companies to outsource their supply management work to Banneker...
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... The new direction of the company is one focused on a “solutions and service model” through the creation of “full-range service packages” that are designed to meet the individual needs of each client (University of Phoenix, 2012). In concurrence with the new strategic plan, Interclean has merged with Envirotech. InterClean has made a big decision by merging with EnviroTech, which will allow them to sell cleaning products and evolve them into an environment friendly full-service cleaning business. As with any merger, there will be the need to be an evaluation of the options available in relation to workforce planning that is aligned with the organizational goals of InterClean. Interclean will need to determine if rightsizing is a viable option. In the event of job elimination, a plan must be developed to ensure the process is conducted ethically and legally, and if there is an involuntary separation, what steps need to be taken. Viable Options Whenever there is a merger between two companies, it is up to the purchasing company to figure out a way to intertwine both workforces. In this case, EnviroTech has decided to shift their strategic direction to Interclean. The new strategic goal of InterClean requires a need to provide new training to the current InterClean sales force while incorporating 60 additional personnel from EnviroTech (University of Phoenix, 2012). There are 3 options they can choose from: 1) re-train the staff of both companies, 2) recruit new staff altogether...
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...Does it Drive Company Business In today’s society companies are fighting to keep their competitive edge. One of the main problems they are experiencing is how to hire the right people and keep the cost to the company down. A common solution to this problem is merging your most valuable resources……….your employees. With companies experiencing high turnover with little financial resources, it is sometimes beneficial to outsource your staff. When companies outsource staff, they save money in areas such as health benefits, training, and salary. In fact, depending on the industry, often time the outsourced employee will be familiar with the industry and may need little to know training. Furthermore, the outsourced employees tend to be just as focused because they look at work as a means to end; therefore they come in and satisfy the job requirements without some of those outside influences. When permanent and temp employees work together, it helps to drive the success of the organization. The permanent employees get the desired help they need therefore relieving some of the stressors they may have been experiencing in their current position. Plus, permanent staff members can get the much needed breaks they deserve by bringing in competent individuals to perform certain task in their absence. In conclusion, I feel if temporary and permanent employees are successful integrated it would only improve the company’s overall drive. Sometimes it’s hard for companies to satisfy...
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...InterClean, Inc. To: Sales Managers From: Sudent , Manager, Sales Division Date: December 13, 2010 Subject: EnviroTech Acquisition; Successful Sales Manager Steps for Merger InterClean is going through a very exciting time. As most have heard, we have purchased EnviroTech. This company has been one of our leading competitors. This acquisition will make our company the largest leader in the sanitation industry globally and domestically. This is a time of growth, and in the course of any growth, there comes change. We as managers have to show our support of the company’s mission and goals. Each new endeavor brings in new opportunities. Innovation is a part of change. We are entering a new vision by bringing these two companies’ together. We need employees to cooperate during this time of change. As we go through this cycle of transformation, we need to stay positive and open to the differences between the companies work styles. We also need to come up with processes that will help this acquisition transfer smoothly. During this time, there may be some downsizing when both companies become one. Here we will need to be sensitive of others differences and look at the strength that will help with the company’s new mission. We also have to be careful regarding not to play favoritism, to be fair when analyzing the workforce, and the new teams that this acquisition will gain. With this acquisition, we will be gaining new employees as well as new customers. We need to make...
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...Controls Inc. (FVC), and Tom Eliot, the Chairman and CEO of RSE International are currently in the midst of negotiating a merger of FVC and RSE. Both companies are aware of the benefits, but also remain apprehensive due to the risks of completing an acquisition in the struggling economy. Prior to 2008, the U.S. manufacturing industry had experience a decrease in consumer demand because of tighter borrowing standards and a weak housing sector in the past year, according to a recent analyst. However, before May 2008, the U.S. began to experience better economic conditions, which provided FVC a better environment to introduce its new, hydraulic-controls system called the “widening gyre,” which can be used in the military industry. With this expensive program still under development, Bill Flinder realized the importance of merging with another company that was financially stable. Other factors contributed the negotiation. In addition to nearing retirement, Flinder also believe a merger with RSE would help the transition years for his employees. FVC and RSE should follow-through and complete the negotiation because one company’s strengths make up for the other’s weaknesses. Tom Eliot had recently proposed to the board of RSE to focus on diversification. FVC would help diversify RSE; they had the reputation of opening up opportunities for companies looking to diversify, plant capacity, management efficiency, financial resources, or to even counter the effect of a cyclical business. Also,...
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...savings. By merging, the companies hope to benefit from the following: * Staff reductions - As every employee knows, mergers tend to mean job losses. Consider all the money saved from reducing the number of staff members from accounting, marketing and other departments. Job cuts will also include the former CEO, who typically leaves with a compensation package. * Economies of scale - Yes, size matters. Whether it's purchasing stationery or a new corporate IT system, a bigger company placing the orders can save more on costs. Mergers also translate into improved purchasing power to buy equipment or office supplies - when placing larger orders, companies have a greater ability to negotiate prices with their suppliers. * Acquiring new technology - To stay competitive, companies need to stay on top of technological developments and their business applications. By buying a smaller company with unique technologies, a large company can maintain or develop a competitive edge. * Improved market reach and industry visibility - Companies buy companies to reach new markets and grow revenues and earnings. A merge may expand two companies' marketing and distribution, giving them new sales opportunities. A merger can also improve a company's standing in the investment community: bigger firms often have an easier time raising capital than smaller ones. That said, achieving synergy is easier said than done - it is not automatically realized once two companies merge. Sure...
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...in the mission for the company’s success. Google is a company that continue to grow and development thru the innovative process of change. The company has developed a mission statement designed to motive and encourage future success and longevity. Google’s mission is “to organize the world’s information and make it universally accessible and useful” (Google.com, 2011). The mission statement is positive, motivational and long-term which definitely gives the company a future to strive towards. The mission statement helps develop the company as a resource that would be used by anyone who was doing research or just asking a question in general. The mission statement allows Google to use any means possible to organize information. This means the company is not limited to a certain amount of searches or internet usage. The company goal is to “to organize the world’s information” and become “universally accessible” (Google Website, 2011). This goal gives the mission statement direction and flexibility as it does not specify the means, leaving penalty room to speculate how much the company will produce. However, the worlds information could never be made searchable or categorized because some data is private and other data is not defined in a computer readable form. Google’s mission statement is quite distinctive and original because the scope of the project is much larger and more long-term than most other companies would aspire towards. It is complete in the sense that...
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...assigning them several vital responsibilities. By doing this, many employees were able to key in their ideas towards innovation of new products. On the other hand, Jager was an individualistic leader who could not seek his staffs’ opinion when it came to decision making. He instead divided them and managed to make them oppose the company’s culture. Secondly, Lafley was a manager who had the consumers’ mind at heart when making new products. His philosophy was that the more important persons to the company were its consumers because they were the ones who would use the products at the end of the day. In fact, he even advocated for the manufacturing of cost effective products as compared to his predecessor who introduced very expensive products which were not affordable. In the long run, the company became profitable and it now enjoys dominance over her fellow competitors. 2. What were the intangible resources Lafley focused on? Lafley introduced a reliable communication channel within the company. He went against the company’s culture of separation of the management from the other employees by bringing the executive managers closer to their respective staff. This ensured a free and first flow of information which eventually hastened decision making as compared to the earlier arrangement. In addition, he used market intelligence to reach out to his objective of improving the company’s profitability. He always had the customers’ need in mind when he...
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...information form several key employees within the organization in order to determine whether the merger will be profitable and allow the company continued growth. This analysis will include supporting calculations regarding the two companies becoming one. | Ladies and gentlemen I have been given the task of providing my recommendations as to our company (Merck), acquiring Medco. An evaluation of both companies will be completed so that I can provide accurate feedback as to the pros and the cons of the proposed merger. There will also be an analysis performed to determine the cost effectiveness and the potential synergy of the combined companies. Included in this recommendation you will find a (DCF) discounted cash flow, this will determine whether or not the post-merger company will have the ability to overcome any opposition that be in question. I will also be discussing the proposed strategy that we intend to take, should we agree to the merger. We will explore what works well for each organization and the best way to combine those efforts to maximize on continued growth for the organization. We here at Merck, being the world’s largest drug manufacturer and leader of research and development efforts, have determined that there has been tremendous growth in the area of managed care. Medco is the leading prescriptions benefits Management Company and marketer of mail order pharmaceuticals. It is noted that, experts predict that “90% of Americans will have drug costs included...
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...Best Snacks has become a company that is reluctant to change and their issues with familiarity issues are becoming costly to business. The ability to innovate and remain creative in all aspects of the company is an integral part of success. “In the long run, the only reliable security for any company is the ability to innovate better and longer than competitors” (Davila, Epstein, & Shelton, 2006, p. 3). Best Snacks 100 plus years of operations is proof that an innovative culture is necessary to remain a business leader in its market. Change is usually met with resistance, but it is the responsibility of the management team to foster an accepting culture of employees. Best Snacks will develop ways to involve employees and management in the creative and innovative method of business by inspiring a culture to increase creative thinking and progress, to regain industry leadership. Describe the Situation Issue and Opportunity Identification Best Snacks have been an industry leader for numerous years but recently management has not created an environment conducive to innovation and strategic organizational change. When employees and the research and development team increases their skills through experimentation with products and service offerings, the culture is more creative and performs at a higher level. Best Snacks management drive to innovate was not strong because the company has been in the number one spot for many years. As other companies began to innovate, Best...
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...Family, tradition, innovation and quality: how to succeed during recession The case of an excellence in the province of Piacenza: Molino Dallagiovanna Srl Università Cattolica del Sacro Cuore - Piacenza Entrepreneurship and Small Business Management – Professor Ghezzi Second-level degree in International Management Albertario Gianluca Di Paolo Federica Matrà Giuseppe Resmini Riccardo Rodondi Francesco Terdich Andrea March 20, 2014 TABLE OF CONTENTS Introduction…………………………………………………………………………………...2 Scarcity of resources: a limit for SMEs, but not for Molino Dallagiovanna.......................5 a. Research and Development……………………………………………………....….5 b. Communication and Internationalization……………………………………………7 Expansion of product lines and customization: Premium value delivered........................10 a. The production process……………………………………………………………..10 b. A Mental Approach…………………………………………………………….......12 c. Quality Certifications and Partnerships…………………………………………….13 d. Great attention towards clients’ needs………………………………………...…...14 Family is strength....................................................................................................................15 a. The organizational chart............................................................................................15 b. Theories.....................................................................................................................19 c. Molino Dallagiovanna does not follow theories...
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...MACRO FACTORS AFFECTING BUSINESS ENVIRONMENT SUBMITTED BY: AAYUSH VERMA INTRODUCTION A business firm is an open system. It gets resources from the environment and supplies its goods and services to the environment. There are different levels of environmental forces. Some are close and internal forces whereas others are external forces. External forces may be related to national level, regional level or international level. These environmental forces provide opportunities or threats to the business community. Every business organization tries to grasp the available opportunities and face the threats that emerge from the business environment. The term business ‘typically’ refers to the development and processing of economic values in society. Normally, the term is applied to portion of economic activities whose primary purpose is to provide goods and services for society in an effective manner. It is also applied to economics and commercial activities of institutions which having other purposes. Business may be defined as “the organised effort by individuals to produce goods and services to sell these goods and services in a market place and to reap some reward for this effort.” Functionally, we may define business as “those human activities which involves production or purchase of goods with the object of selling them at a profit margin”. Business organizations cannot change the external environment but they just react. They change their internal business components...
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