IB40 SPRING 2012 Philips vs Panasonic: Facing the 2008 economic crisis MSc. IBS CPR 160989 – 3679 4/25/2012 1. Introduction Panasonic and Philips are two of the main consumer electronics companies in the world with different origins but similar international path. Several hurdles were faced by both companies in their evolution. This paper will analysis how the administrative heritage of Philips and Panasonic caused problem in the changing of their strategy‚ causing problem in the implementation
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their entirety by reference to the printed version of the Philips Annual Report 2011. The information in this PDF has been derived from the audited financial statements 2011 of Koninklijke Philips Electronics N.V. KPMG has issued unqualified auditors’ reports on these financial statements. This is the employee selection from the Philips Annual Report 2011 Contents Grey text indicates parts not included in this selection from the Philips Annual Report 2011. 15 16 Reconciliation of non-GAAP
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Questions for reflection 1. Describe the vertical and horizontal structuring of corporate communication within Philips. What can you say about the effectiveness of these structures in the light of the company`s repositioning around sense and simplicity and its increased focus on managing its corporate reputation with different stakeholder groups? When it comes to the vertical corporate communications within Phillips‚ it comes down to the idea of Prast and colleagues selecting a communication
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References: Agarwal‚ S. (2005) Environmental Monitoring‚ APH Publishing. Bensoussan‚ B. and Fleiser‚ C. (2008) Analysis without Paralysis: 10 Tools To Make Better Strategic Decisions‚ FT Press. Berger‚ A. (2011) Ads‚ Fads‚ and Consumer Culture: Adfvertising’s Impact on American Character and Society‚ Rowman & Littlefield. Bohm‚ A. (2009) The SWOT Analysis‚ GRIN Verlag. Bose‚ C. (2010) Modern Marketing: Principles and Practice‚ PHI Learning Private Limited‚ New Delhi. Bootwala‚
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Matsushita (Panasonic) and Japan’s changing culture 1. What were triggers of cultural change in Japan during the 1990s? How is cultural change starting to affect traditional values in Japan? Cultural change in Japan during the 1990s has a few factors. One of them was the richer society. The society being richer than the previous times made the new generation feel that they had greater opportunities rather than being tied to a company for life and being a “salary-man”. The western culture was also
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Philips versus Matsushita: The Competitive Battle Continues Throughout their long histories‚ N.V. Philips (Netherlands) and Matsushita Electric (Japan) had followed very different strategies and emerged with very different organizational capabilities. Philips built its success on a worldwide portfolio of responsive national organizations while Matsushita based its global competitiveness on its centralized‚ highly efficient operations in Japan. During the first decade of the 21st century‚ however
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affect traditional values in Japan? During the 1950s -1980s Matsushita was able to benefit from traditional Japanese culture because the business was able to hold onto personnel through period of extreme growth‚ hence retaining acquired knowledge‚ experience and skills. This meant that Matsushita never needed to relearn tasks only to improve on what they already knew. From the 50s through the 80s during periods of extreme growth Matsushita could rely on employees to encourage their sons and daughters
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d’eye now.. You’ave now done widout d’eye what I couldn’t do wid my whole body” (Taylor 99) Philip has learned and grown through the conflicts he has faced on the Cay. In the Philip’s character reveals that personal growth comes from overcoming obstacles and challenges in life. Phillips character has changed throughout the story from innocent to brave it from brave to Independent. In the exposition Philip can best be described as innocent. “Then I began to wonder if the Germans would send soldiers
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On Tuesday‚ 01/03/207‚ at 1442 hours‚ I‚ Deputy Stacy Stark #1815 was dispatched to take a telephone report for a theft. I spoke to the victim‚ Philip B. Royster (M/W‚ DOB: 05/04/1961). Royster stated someone stole numerous tools from his shop trailers parked on Boat Dock Rd. I requested to meet Royster in person at the location to take the report‚ he agreed. I left the Jackson County Sheriff’s Office and drove to Boat Dock Rd‚ Pomona‚ Jackson County‚ Illinois. I located Royster at the Abbey
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Philip Morris International Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Philip Morris International Inc. - SWOT Analysis examines the company’s key business structure and operations‚ history and products‚ and provides summary analysis of its key revenue lines and strategy. Philip Morris International (PMI) is one of the world’s leading tobacco companies. It is engaged in the manufacture and sale of cigarettes and other tobacco products
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