August - 01, 2011
Management & Leadership Paper
Tyco International Ltd. is a global company with great diversity and it provides many essential products and services to customers all over the globe. With more than 100,000 employees worldwide, Tyco is a leading provider of electronic security products and services, fire protection and detection products and services, and valves and controls.
The company provides thousands of products and services vitally important to customers around the world and their ingenious products range from electronic security and alarm monitoring to fire-fighting equipment and breathing apparatus, water purification and flow control solutions.
Despite the weak economic conditions that persisted globally throughout fiscal 2010, Tyco says its teams performed well. They attribute this to being ‘disciplined in cost focus, delivering solid operating results and improving financial strength and flexibility while actively funding a range of targeted growth opportunities. (www.tyco.com, 2011)’
Tyco continued to generate strong cash flow and improved their working capital, finishing the year with $1.8 billion of cash. This enabled them to invest in their businesses, make selective acquisitions and return capital to their shareholders. The company actually completed a $1 billion share repurchase program and authorized a new $1 billion program.
It is important to note here that the strong, well planned discipline that Tyco utilized as an organization allowed them to optimize their financial resources, even in a bad economy, so much so that they were able to return capital to share holders and authorize a share repurchase program of up to $1 billion. In a time where most companies are going under due to consumer spending and a weak economy made worse by a prolonged recession, Tyco not only made profits but they managed to make... [continues]
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(2011, 12). Descartes and John Searle Mind and Body Debate. StudyMode.com. Retrieved 12, 2011, from http://www.studymode.com/essays/Descartes-And-John-Searle-Mind-And-861846.html
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