Staffing Plan Paper Magdy Joseph Zakhary MGT 431 May 29th, 2012 Linda Armstrong Staffing Plan Paper Pacific Gas & Electric (PG & E) has a stated goal of becoming the “Number one utility provider in the United States.” Currently employing approximately 20,000 personnel that take care of approximately 15 million customers throughout the utilities nearly 70,000 square miles of service territory, it would seem that PG & E is heading in that direction. The company is currently traded on the New York Stock Exchange and despite some public relations issues and a few minor operational concerns, is extremely profitable and stable. Anticipating, forecasting and planning for the various staffing needs for such a vital organization is a daunting task that falls upon the shoulders of Human Resources Senior Vice President John R. Simon. Mr. Simon, by trade, is a Lawyer, graduating from Georgetown University. Mr. Simon also holds a bachelor’s degree in Business from Colorado College.
There he learned the in s and outs of banking as an examiner. He became highly respected in the Boston banking circle. When the firm was in danger of an hostile take-over Joe acted swiftly and raised money the save the firm. After saving the firm Joe was rewarded and named president of the Trust firm. At age twenty-five Joe was the youngest bank president in the United States.
Leadership Paper Bill Clinton is one of the most popular presidents that this country has ever had; he led the country to one of the greatest economic expansions in its history and managed to leave office with an approval rating of 66% which is the highest rating at the end of office of any president since World War II. Clinton was a long time governor of his home state Arkansas, before being elected president in 1992. In his presidency he managed to balance the federal budget and actually manage to create a surplus of $559 billion, to put that in perspective we a now running a 1.4 trillion dollar deficit. Clinton was an outstanding student and musician in high school he said that he briefly considered dedicating his life to music, but
SciTronics’ profit as a percentage of sales in 2008 was 5.7 %. 2. This represented an increase from 3.4 % in 2005. 3. SciTronics had a total of $ 102,000 (75,000 + 27,000) of capital at year-end 2008 and earned before interest but after taxes (EBIAT) $ 16,120 (avg.
Citigroup was ranked 20th by Fortune 500 ranking of America largest corporations. In 2012 the company has profits of over $11 billion, which was up from $10.6 billion in 2010 (Citigroup, n.d.). The company is traded on the NYSE (New York Stock Exchange) under the symbol C and in 2012 celebrated its 200th anniversary (Citigroup, n.d.). Citigroup is a the world leader when it comes to financial services and has over 260,000 employees, 16,000 offices worldwide and does business in over 140 countries (Citigroup, n.d.). The company is still recovering from the hit it took during the financial
In 2000 Cuban introduced himself to the NBA community when he purchased the Dallas Mavericks for $285 million (“Mark Cuban”). Facebook cofounder and CEO Mark Zuckerberg has led his social network to new heights, even as some younger users have grown tired of it. Revenue grew 58% in 2014 to $12.5 billion, supported by a jump in mobile ads (Williams 12). Some 1.4 billion people around the globe are on Facebook, and those users are watching 3 billion videos a day on the site. Its Instagram unit has more than 300 million users, while mobile messaging app WhatsApp, which it purchased for $19 billion in cash and stock in 2014, has 700 million users and is growing.
Welch Vison for GE Cassandra Brown MGT/312 – Organizational Behavior for Managers 9/21/2014 Francis Fletcher Abstract In 1981 when Reginald Jones promoted Jack Welch to take over the GE (General Electric) little did the business world know that a once prosperous company would turn in to one of the largest companies in the world today. Welch’s three step process; his vision, increased the company profits from 26.8 billion dollars in revenues to 130 billion dollars in revenues in his 20 years at GE. With his primary focus on control, Welch took on quality, performance, productivity, cost control and enhanced GE’s technology which increased the overall profits in a depressing economic condition. Welch Vison for GE Jack Welch started working for GE (General Electric) in 1960 as a chemical engineer, and in was GE’s youngest VP in 1972; until Reginald Jones saw Welch’s potential and his drive in 1981, when Jones promoted him to run GE. Welch had a vision to create the largest company in the world to transform it into the greatest company in the world.
Business Law And Business Ethics The Jack Welch Era at General Electric Story of General Electrics 1879 Alva Edison ft J.P Morgan Started Edison Electric Light Company 1892 ELC became General Electric Company 1900’s GE started to make research and invention to locomotives and new electric appliances 1960 Next Invention in X-Ray Machine, Motion Picture with sound, etc 1981 Jack Welch Era started Jack Welch Born in 1935 from a working-class Irish Parents in Massachusetts Started working at a General Electric plastic factory in 1960 Became GE CEO in the era of 1981 - 2001 Competitive & Aggressive Highly confidence person Temperament Hard worker Jack Welch era at GE Welch Guide Vision : Every GE Business would be the number one or number two player in its industry. If it failed this test, it would be fixed, closed or sold Compact GE Business to one of three areas : core manufacturing, technology or service (closing 73 plants and selling 232 business, acquired RCA) Eliminated jobs through attrition, layoffs, and outsourcing (eliminated 132.000 workers) Strategy & Action Jack Welch era at GE Attacked the GE bureaucracy • Demolished hierarchy by laying off thousands of central staff in strategic planning, personnel, etc • Promoting the notion of a “boundary-less” organization • The practice of workout sessions Emphasized Globalization • Every manager of each GE Business was held responsible for globalizing the business Differentiation • Differentiate between employee : Inept Manager called Turkeys and Dinks, Standout manager called “all-starts”. • Designed annual performance measurement, categorized managers into a vitality curve rank : A (20 %) – B(70 %) – C(10 %). Jack Welch era at GE The Result & Achievements • More than 400 acquisition of GE business • GE business shifted
George Eastman, who was the founder of Kodak, started his business career as a 14-year old boy when he had to quit school and work to support his mother and two sisters. Mr. Eastman had a gift for organization and management while his lively and inventive mind made him a successful entrepreneur by his mid-twenties. Eastman Kodak (Kodak) was the largest photographic filmmaker established in 1880 in the world and one of the representative firms which ranked 43th in the Fortune 500 in 1955. However, Kodak retreated to 327th in 2011 and filed protection for Chapter 11 bankruptcy on 19 January 2012. There are various comments on the Kodak’s business failure that Kodak was late to adapt to the wave of digitalization.
a. Estimate the free cash flow to the firm in 1993. b. Estimate the value of the firm at the end of 1993. c. Estimate the value of equity at the end of 1993 and the value per share, using the FCFF approach. Question 2 Lockheed Corporation, one of the largest defense contractors in the US, reported EBITDA of $1290 million in 1993, prior to interest expenses of $215 million and depreciation charges of $400 million. Capital Expenditures in 1993 amounted to $450 million and working capital was 7% of revenues (which were $13,500 million).