Case Analysis Report Elektra Products‚ Inc. I. Introduction Elektra Products‚ Inc. is an 80 year old publicly held company that had once been a leading manufacturer and retailer of electrical products and supplies. In recent years‚ the company experienced a host of problems: market share was declining in the face of increased foreign and domestic competition; new product ideas were few and far between; departments such as manufacturing and sales barely spoke to one another; morale was at all
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Elektra Case Study 1. How might top management have done a better job changing Elektra Products into a new kind of organization? What might it do now to get the empowerment process back on track? As the new CEO‚ anyone who is not there to give their support should be given a boot. Offer early retirement package to those not supporting the plan. 2. Can you think of ways Barbara could have avoided the problems her team faced in the meeting with department heads? Communication. Involve all other
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Elektra Products‚ Inc. Statement of the relevant facts Barbara Russell is a new CEO. She still has to earn the respect of her subordinates. Changes in the company has to be made. The company experienced many problems in the previous years. As stated in the case the problems are: Declining market share Increased foreign and domestic competition Few new product ideas Rare coordination between the sales and manufacturing department Low morale Employees are seeking other jobs C.Many
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Case Analysis: Elektra Products‚ Inc. Problem/Issue Analysis: This case details the change in the Elektra Products‚ Inc. company into an employee involved and empowered organization. It discusses how Martin Griffin and the rest of the department heads deal with the implementation of the empowerment campaign. Primarily‚ majority of the company employees upon hearing of the plan have shown disinterest and skepticism to the idea. The negative response towards Griffin’s speech supports such and is
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Principles of Management Case Study “Elektra Products Inc.” PROBLEM: 1. Company Sales – The Company has been declining over the years due to multiple reasons such as market competition and Lack of Product Innovation. 2. Employee Problems - Internal Conflicts within departments‚ low employee engagement which leads to some employees seeking other jobs. 3. The Management – Resists changes proposed by the problem solving teams. OBJECTIVE: 1. The Company
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Question 1 How might top management have done a better job changing Electra-Quik into a new kind of organization? What might they do now to get the empowerment process back on track? Elektra Products‚ Inc. is facing problems such turn down of market share‚ weak internal communication among departments‚ low morale‚ and employees were seeking other jobs. Therefore‚ the organization has to create a solution which can solve or reduce the problems. Decline of the market share was one of the external
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Grupo Bimbo continuous expansion with an ambition to become one of the five-largest bakers in the world‚ while the company ’s performance in existing foreign markets should be improved so fore made profitable and keep company away from financial hazard due to acquiring losses and lack of substantial profit from foreign markets. Almost 70% of Grupo Bimbo ’s sales came from Mexico‚ where the company had built a 90% market share in the packaged bread segment‚ the business was very profitable and the
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Norbert Guery Gupo Bimbo Case Summary: Bimbo is one of the world’s leading baking companies. Founded in Mexico‚ Bimbo is a house-hold name in its native country. Today‚ the company’s wide product range includes sliced breads‚ buns‚ cookies‚ snack cakes‚ pre-packaged foods‚ tortillas‚ salted snacks and confectionery products. Profitability in Mexico is optimal‚ partly due to its vending distribution through small‚ independent mom-and-pop stores. In addition‚ its product development and incorporation
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110093 | KENNETH EDWARD T. ROJAS Case Analysis Report: Elektra Products‚ Inc. June 16‚ 2011 Case Analysis Report: ELEKTRA PRODUCTS‚ INC. RECOGNITION OF DECISION REQUIREMENTS Elektra Products‚ Inc.‚ an 80 year old publicly held company‚ had once been a leading manufacturer and retailer of electrical products and supplies. In recent years‚ it had experienced several problems such as declining market share‚ increasing competition against foreign and domestic markets‚ necessity for innovation of products
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CASE ANALYSIS I ELEKTRA PRODUCTS‚ INC. CASE PROBLEM The declining market share of Elektra products in the market. OBJECTIVE The objective of the case is the effective and efficient implementation of the empowerment campaign of the company to arrest the management’s problem on product sales ‚ and low morale of employees Determine what went wrong in the empowerment campaign and what strategies should managers employ if in a similar situation. ANALYSIS 1.Barbara Russell had a hard
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