Synopsis of the project Title: Benchmarking of non monetary benefits at Haier vis-à-vis other consumer durable companies Introduction :- Purpose/objective of the project: The purpose of the project is to do a benchmarking study so as to compare and contrast non-monetary benefits offered/provided by Haier as compared to to that provided by the industry. Target companies will include:Whirlpool‚Samsung‚Videocon‚LG‚Sony‚Godrej‚Voltas‚Onida.(The list is for illustrative purposes and may vary from
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Haier: Taking a Chinese Company Global 1. Why was Haier so successful in China? What differentiated it? Haier group is a multinational company specializing in the production of home appliances and customer electronics. It was founded by Zhang RuiMin at 1984 and has been very successful in China. And its succe Haier: Taking a Chinese Company Global 1. Why was Haier so successful in China? What differentiated it? Haier group is a multinational company specializing in the production of home
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Comparison between Great Wall Motor and Qingdao Haier Huagang Su Melinda Sonia Sims EDUTL 108 Winter‚ 2012 Comparison between Great Wall Motor and Qingdao Haier The industry profile ("Consumer Durables & Apparel Industry Profile: Global"‚ n.d.) reports the worldwide development and market condition regarding consumer durables and apparel industry. To begin with‚ the industry profile defines the consumer durables industry as “The global consumer durables and apparel industry group
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what Haier is. Initially‚ he positioned Haier is a manufacturer with high quality. Moving on‚ he pushes himself to re-position Haier as a service provider. Therefore‚ under his strong desire for innovation‚ Haier not only produces home appliances‚ but also provides services to provide a better life for consumers in China‚ even in other countries globally.
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Haier Background In 1920s China‚ a small factory opened in Qingdao‚ Shandong province‚ to manufacture refrigerators. Though the Qingdao factory survived for more than sixty years‚ by the early 1980s‚ poor management and heavy debt nearly forced it to declare bankruptcy. At the same time‚ the opening of the Chinese economy to the international market saw an influx of foreign companies seeking investment opportunities. One such company was Liebherr Haushaltergäte (Liebherr)‚ a leading German appliance
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Whirlpool History Whirlpool is a company that has been around for 100 years. They are best known for their household appliances including washer/dryer and dishwashers. Corporations such as Whirlpool would not be able to make it without being able to analyze positive and negative aspects that help them either penetrate a market or continue in a current market. The aspects analyzed would be items out of there control. At the basic level‚ these items would include opportunities and threats.
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China is leading in the quantities of selling refrigerators (Kerin & Peterson‚ 2010). Any how‚ the market is showing great opportunity so is the competitiveness; there are many monster home appliances producers such as Matsushita Electric Industrial‚ Haier‚ and Whirlpool etc.... 2) How do consumers buy large household appliances? Consumers buy large household appliances most likely for replacement of the existing and/or broken one which has very high rate (70%) and the rest 30% for first time buyers
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MANAGING PERFORMANCE AT HAIER (A) Group E2 Problem Statement How to improve Haier’s performance management system and make it adaptable or applicable in other regions of the world? Environmental Analysis (PESTC) Political: In 2006 company exported to 160 countries valuing to $ 1.7 billion‚ however they have not established their manufacturing base outside the China. While venturing to different geographies they would be exposed to different labour and wage laws. Different political setups
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HAIER Strategic Implementation Assignment Mandeep Singh Grover 3/12/09 # 317 Question 1: Mention the defying strategic perspectives at Haier over the years. What have been the salient and meritorious points in the implementation of such strategic initiatives at Haier in China? Answer1: Haier is one of the world’s largest manufacturer of home appliances. Haier started off as a defunct refrigerator factory in 1984. Its development from a small Chinese producer to Global player has
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Haier: Taking a Chinese Company Global in 2011 Haier‚ started as a defunct refrigerator factory in Qingdao‚ China‚ was China’s largest white-goods maker before its expansion to foreign countries and was named the leading refrigerator manufacturer worldwide after expansion. Generally speaking‚ it is successful both in China and abroad using its unique and leading managing concepts. Haier’s CEO knows well about the company he founded and is now looking for more achievements. For its further development
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