For over three decades‚ BMW built its brand to be synonymous with performance and the driving experience. The brand character and tone (serious‚ focused‚ and engaged) remained unwavering for the most part‚ while drivers enjoyed innovative‚ high-performance-yet-accessible vehicles that connect them with the road‚ rather than isolating them from it. | | | | | BMW created a highly coveted brand franchise by successfully cultivating an extremely loyal following of luxury-performance automobile
Premium Automotive industry BMW Brand management
[pic] BUSINESS STRATEGY EVALUATIONS OF BMW Prepared by |Mr. Yi Ze‚ Li ( Tommy ) |ID. 5237802 |SEC. 471 | |Ms. Kidtaya C. |ID. 5225103 |SEC. 471 | |Ms. Meng-Chien C. |ID. 5135116 |SEC. 471 | IN PARTIAL FULFILMENT OF THE REQUIREMENTS
Premium BMW
volatile than it ever was. We’ve seen dramatic shifts between the euro and the dollar in recent years. The only real solution here is to op y manufacture and buy components in the currencies where we sell cars.” Norbert Reithofer‚ CEO of BMW BMW Legend No tC BMW‚ the world-famous auto and motorcycle manufacturer‚ was founded in Munich in 1916 as “Bayerische Flugzeugwerke AG” (Bavarian Aircraft Works). The company concentrated initially on the development and production of aero engines. Gustan Otto
Premium United States dollar BMW Germany
BMW Type Aktiengesellschaft Traded as FWB: BMW Industry Automotive industry Founded 1916 Founder(s) Franz Josef Popp Headquarters Munich‚ Germany Area served Worldwide Key people Norbert Reithofer (CEO)‚ Joachim Milberg (Chairman of the supervisory board) Products Automobiles‚ motorcycles‚ bicycles Revenue €60.48 billion (2010) Operating income €5.094 billion (2010) Profit €3.218 billion (2010) Total assets €108.87 billion (end 2010) Total equity €23.10 billion
Premium BMW
Background: The Munich based Bayerische Motoren Werke AG(BMW)automobile company grew into one of the leading automobile producers in the world by the 1990s‚ and radically changed the way BMW was handling “innovation process management” at its automobile division. Goals: To develop and demonstrate exceptional skills in constantly creating and capturing value‚ through its innovations and development of new products. Actions(Actual Ideas): The new innovation management system was developed and
Premium Innovation
on “what makes a BMW a BMW”. In fact‚ there was no product launch to advertise and BMW was able to use this time to shift its strategy from ‘push’ to ‘pull’. The goal of this advertisement was to “produce the most exciting‚ fun thing people had ever seen come out of their computer”. In terms of numbers‚ this campaign was used to maintain growth and sales‚ which had been growing excessively since 1992: from 60 000 units sold to 180 000 units (exhibit 1). In terms of target‚ BMW wanted to attract
Premium Super Bowl BMW Target market
Resource based analysis of BMW: RESOURCES CATEGORIES BMW RESOURCES PHYSICAL RESOURCES BMW’s technology‚ conventionally designed and styled‚ effective segmentation according to the market‚ supply chain and dealership management FINANCIAL RESOURCES Turnover of € 41.53 billion in 2003‚ gross margins of € 3.2 billion in 2003‚ annual surplus of € 3.2 billion in 2003‚ 7.4% profit margins in 2003 HUMAN RESOURCES Highly qualified labor force‚ Young and affluent professionals INTELLECTUAL CAPITAL
Premium Value chain Supply chain Management
10/12/2012 L.A. F block BMW When BMW introduced the first generation of the BMW 3 Series onto the market 30 years ago‚ they had just reached a new record number of employees‚ at 29‚000. Today‚ in contrast‚ the BMW Group employs almost 106‚000 employees worldwide. Total sales for BMW for 1975‚ including all model series together‚ was slightly more than 226‚000 automobiles. Last year‚ they sold more vehicles of the BMW 5 Series alone. In 2004‚ they sold almost twice as many BMW 3 Series cars - 450‚000
Premium BMW
Corporate Research Paper – BMW Group Introduction Bayersiche Motoren Werke Group (BMW Group) is a German company whose operations are “focused on the premium segments of the international automobile markets (BMW Group)”. BMW Group was founded in 1916 and established its main plant and headquarters in Munich‚ Germany just after World War I in 1922. Those facilities exist as BMW’s headquarters and flagship plant to this day (BMW Group). BMW Group coordinates its activities in more than 150 countries
Premium Risk management Risk Financial statements
Assignment #2: BMW’s Dream Factory & Culture By: Henry sTANLY Instructor: Dorothy A. Sliben BUS520 The Culture at BMW At BMW much of its success stem from an entrepreneurial culture. In an entrepreneurial culture‚ work is more than a job‚ it ’s a lifestyle. Employees are more like a team than in most companies‚ and in some cases‚ they ’re even like a family. At BMW the following characteristics are used to describe the culture. Treat people with respect: This is a very simple
Premium Job satisfaction Leadership The Work