Saturday, February 15, 2020

Main plans to turn Motorola around Essay Example | Topics and Well Written Essays - 750 words

Main plans to turn Motorola around - Essay Example As set forth by Crockett and Reinhardt, the first element of his plan was to bolster management, by reviewing performance and then firing the bottom 10% of managers. He then targeted the product line for new development within the mobile phone and semiconductor departments. When Zafirovski came to the company, Motorola had a wide variety of products distributed among its six businesses. His third move was to reassess the portfolio with the objective of determining whether the company should retain all of the businesses or reposition the mix. With those operational and product strategies moving forward, he turned to fiscal concerns. In an obvious move for a company with financial troubles, he sought to cut costs. By reducing the workforce, shutting down some factories, and trimming the number of cell phone platforms, he increase the cash flow of the organization. Finally, he targeted the company's long-term debt for reduction (58). By employing these five broad strategies, Zafirovski was able to increase performance and product lines, focus his team on what was working, and increase the cash-flow and gross profit margins of the organization. As a member of the board of Motorola, the first question is how I would approach the hiring of a successor. With Zafirovski's duties being transferred to the CEO for the moment (Haley 1), it is important that the board move swiftly to replace the operations officer. That said, however, succession planning is an "ongoing and complex endeavor that is necessarily broad in scope. It therefore presents significant barriers to both implementation and long-term maintenance" (Bowley, 6). The board cannot afford to rush the process and take the chance of putting the wrong person in such a key position. Zafirovski's well-planned moves put Motorola into a state of good transition, and the right candidate must be able to consolidate the internal an external relationships of the company. Using key industry contacts and networking with other members of the business community, I would conduct research into finding a pool of qualified candidates. Once I had identified five or six qualified and avai lable people, I would arrange in-depth interviews with them to determine their compatibility with the CEO, mid-level management, and all strategic partners of Motorola. I would also ascertain the candidates' management philosophy and style, as well as ask their opinions of Zafirovski's strategies. I would request that they confirm whether they would maintain the focus set by Zafirovski or, if not, what their strategies might be. Predicated upon the answers I received, I would vote to hire the candidate that presented the best mix of strengths within the parameters I had set. As to keeping Zafirovski's reforms, my answer is an unqualified yes. In two years, his strategies had turned the company around from losses to profits, and positioned Motorola ahead of some of its key competitors, Lucent Technologies and LM Ericsson (Crockett and Reinhardt, 58). The shareholders of the company have to be happy with that

Sunday, February 2, 2020

Congestive Heart Failure Research Paper Example | Topics and Well Written Essays - 2000 words

Congestive Heart Failure - Research Paper Example When the situation happens, the heart is not capable to provide adequate blood to visceral organs including; the kidneys, brain, and liver. This condition can be caused by the failure of either the left ventricle or the right ventricle or both to function. This ineffective functioning of the heart muscle can be caused by: 2. Diseases that cause the inflexibility or more particularly the stiffening of the heart muscle. These infections of the cardiac muscles are called Myocarditis, additionally; heart attacks can weaken the heart muscles; 6. High blood pressure, on the other hand, reduces the effectiveness of the heart muscles and therefore people suffering from hypertension are at more risk of suffering from CHF than their healthy counterparts. High thyroid hormone level (hyperthyroidism) and vitamin deficiency are rare causative agents of CHF; Apart from affecting the cardiac muscles, the body may be affected by diseases that increase the oxygen demand of the body, therefore, limiting the heart from satisfying the high oxygen demand (McKee, 137). There are various symptoms that characterize or define that one may be suffering from Congestive Heart Disease and therefore likely to develop CHF. These symptoms range from the abnormal morphology of some organs of the body to psychological disturbances. Some of the morphological symptoms include unintentional weight gain, swelling of the feet, the ankles and the abdomen and visible veins in the neck region. Other symptoms include anorexia and indigestion, vomiting and nausea, lack of breath with or without activity, lack of sleep, general body weakness, and increased frequency of micturition especially at night, coughing and low level of concentration at work.  Ã‚