Case Study Acm Corporation
ACM CORPORATION
ACM CORPORATION
OB/HRM
Submitted to: Prof Fareedy
Submitted by: * Hira Khalid * Khawar Nafees * Nida Rasheed * Sehrish Atta
OB/HRM
Submitted to: Prof Fareedy
Submitted by: * Hira Khalid * Khawar Nafees * Nida Rasheed * Sehrish Atta
Lahore School of Economics
Lahore School of Economics
ACM CORPORATION
INTRODUCTION
An overview of the organization
ACM was a highly diversified firm with operations extending across the broad areas of defense, producer durables, and consumer durables. Initially it was a small medium sized one-product firm , diversification resulted to multidivisional organization of 17 major operating units , which were acquired during the period ranging from (1957-1968), that was roughly estimated as 1 acquisition per year. These included Indiana Frame, Prichard Engineering , Bay City Controls , Hartwell-Farmer , LJW Aero , LJW Division , Michigan Metal Products , Wing field products , Bradford Fibers , Wallace Engineering , Construction Supply ,American Casting , Industrial Casting, Industrial Castings, T.N.X, Western Foundry, Under shaft & Short, Commercial Castings. In 1968, about 32% of ACM’s total sales went to automotive industry, 31% in capital, 11% in rail road equipment, 12% in construction supplies, 7% consumer goods and 7% in aerospace and defense.
Early in 1969, Mr. Harold S. Briggs was elected as the president. He recognized that maximum divisional autonomy was what characterized the management and perceived that better divisional planning and more effective communication between divisions and corporate office might have helped to avoid operating problems that were currently faced by the firm. Later, diversification presented the top management with the problem of guiding a diverse set of divisions, the markets and technologies of which were by and large unrelated to one another. All corporate and group level managers had their own offices which were located in 14
ACM CORPORATION
OB/HRM
Submitted to: Prof Fareedy
Submitted by: * Hira Khalid * Khawar Nafees * Nida Rasheed * Sehrish Atta
OB/HRM
Submitted to: Prof Fareedy
Submitted by: * Hira Khalid * Khawar Nafees * Nida Rasheed * Sehrish Atta
Lahore School of Economics
Lahore School of Economics
ACM CORPORATION
INTRODUCTION
An overview of the organization
ACM was a highly diversified firm with operations extending across the broad areas of defense, producer durables, and consumer durables. Initially it was a small medium sized one-product firm , diversification resulted to multidivisional organization of 17 major operating units , which were acquired during the period ranging from (1957-1968), that was roughly estimated as 1 acquisition per year. These included Indiana Frame, Prichard Engineering , Bay City Controls , Hartwell-Farmer , LJW Aero , LJW Division , Michigan Metal Products , Wing field products , Bradford Fibers , Wallace Engineering , Construction Supply ,American Casting , Industrial Casting, Industrial Castings, T.N.X, Western Foundry, Under shaft & Short, Commercial Castings. In 1968, about 32% of ACM’s total sales went to automotive industry, 31% in capital, 11% in rail road equipment, 12% in construction supplies, 7% consumer goods and 7% in aerospace and defense.
Early in 1969, Mr. Harold S. Briggs was elected as the president. He recognized that maximum divisional autonomy was what characterized the management and perceived that better divisional planning and more effective communication between divisions and corporate office might have helped to avoid operating problems that were currently faced by the firm. Later, diversification presented the top management with the problem of guiding a diverse set of divisions, the markets and technologies of which were by and large unrelated to one another. All corporate and group level managers had their own offices which were located in 14