Corning Inc.: Technology Strategy in 2003 Summary Corning Inc. got its start in the mid 19th century as a top producer of glass. Early on in the history of the company they had been able to achieve much success through their ability to innovate and come up with new and better uses for glass. Other companies whose products relied on innovation‚ like Thomas Edison and the railroad industry‚ used Corning as their go to supplier for high end glass products. Through a continued commitment to research
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Corning Incorporated: A Network of Alliances Background Corning Incorporated has established a strong reputation in the specialty glass market. Corning Incorporated helped pioneer the initiative for businesses to incorporated research laboratories in their business operations; and has been a leader in technology-based research for some year. Corning’s initial focus was on the U.S. market but it consistently makes strides to becoming a more international company. One of the major strides Corning
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1.0 INTRODUCTION The reason for this research is to carry out an analysis of eBay Inc. with concentration on the relationship between its information technology and its strategy. The research contains an analysis of the company’s e-Business activities and its business operations. The report started with a general overview of eBay Inc. where the company’s history was briefly stated. Its resources‚ products and competitors were also described. The company’s general environment were described and analyzed
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Management Instructor From: Craig Norcross Date: November 28‚ 2012 Subject: Corning Summary Corning was founded in 1851 and quickly became known as an innovator. One of Corning’s first orders came from Thomas Edison for his light bulbs. Over the next 20 years‚ Corning was able to produce glassware that would be used for railroad signals and specialty glassware used for semaphore lenses and lantern globes. Corning also was able to produce glassware that was used for medical supplies such as
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Question E Strategic Options I would make as CEO Excerpts from Case i. Limit the number of attendees at GSC meetings. Corning should only permit key decision makers‚ employees who have had a long history with the company‚ and those with expertise on the business model being presented‚ to attend. Implementing this would help facilitate open discussion at the meetings as less people would be involved. While a large number of people attend GSC meetings‚ only a few engage in making the decisions. This
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no. 2-0020 Corning Microarray Technologies Greg Brown‚ general manager of Corning Microarray Technologies (CMT)‚ finished delivering the bad news to his team. Through the first half of 2001‚ demand had plunged in the telecommunications sector‚ which accounted for 73% of Corning’s revenue. As a result‚ Corning could not sustain funding for the nascent CMT venture. He instructed the group that they would have to identify options for keeping the program alive with half or less of its current budget
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CORNING INCORPORATED: THE GROWTH AND STRATEGY COUNCIL Company Background : Corning Glass Works was founded in 1851 by Amory Houghton‚ in Somerville‚ Massachusetts. The company was known as Corning Glass Works until 1989‚ when it changed its name to Corning Incorporated. Corning Incorporated is an American manufacturer of glass‚ ceramics‚ and related materials‚ primarily for industrial and scientific applications. In 1998 Corning divested itself of its consumer lines of Corning Ware and Corelle
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Case: Corning Inc.‚ Zero coupon convertible Bonds Cornhill needs funds to the order of $ 3.6 billion in cash to complete the acquisition of Pirelli. The company currently is planning to come up with an equity issue to raise $ 2.1375 billion at $ 71.25 per share. The remaining part of the fund requirements is furbished using zero coupon convertible debentures due in 2015‚ priced at $ 741.923 per $ 1‚000 principal amount. This offering price yields 2% p.a. compounded semi-annually. Corning is raising
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How has innovation been used for driving growth at Corning? What is the role of Houghton family? What are the financial results? Right from the days when Corning developed the bulbs for the electric lights designed by Thomas Edison‚ the firms had maintained a strong dedication to technology and innovation. About 4-6 percent of the annual revenue was set aside for research‚ development and engineering. In the 1990s‚ this figure became 10 percent. There was constant emphasis on R&D efforts. Even during
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Case Studies Corning Glass Background Corning Glass is a large‚ multinational organization involved in glass and related products with an increasing emphasis on high-value‚ technologically-specialized products‚ many of which are now part of joint-venture programmes and developments. Innovation ‘Claim to Fame’ This firm is another of the ‘100 club’‚ having been founded back in the mid-nineteenth century. It was a pioneer in process innovation enabling high-volume manufacture of glass‚
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