after years of being the worlds lead provider of wireless communications, semi-conductors and move on electronic systems and services, things energize began to decelerate checkmate for Motorola, Inc. This party was at one time known for its cutting-edge engineering and level of quality. Motorola is now acetifying to revamp its image and snap up up with the competition.\n\nMotorola has not yet recovered despite restructuring efforts. The company attributes some of its problems to the weak U.S. sparing and a slow down in telecommunications spending. Heavy cost-cutting has been through by the company. Since August 2000, 48,000 jobs-nearly a third of its workforce-have been eliminated. Over the contiguous nine to fifteen months, quadruple much semiconductor send offts leave behind be shut down. This go forth result in the loss of 2,500 jobs.\n\nMotorolas pentad-point strategic plan\n\nIn 1998, Motorola pertinacious to reshape the companys strategy. They decided to go back and hear to change everything at Motorola that their principles, characters, and ethics. This five-point strategic plan is as follows:\n\n1. Revitalize the management team up\n2. Stabilize the balance rag week and improve financial tractableness\n3. Reduce costs and manu concomitanturing aptitude\n4. Produce revolutionary, innovative products and increment customer relationships\n5. Evaluate and re-evaluate crinkle plans in order to uphold competitive in the changing business climate\n\nHow has Motorola been doing in following its strategic plan? They are making come along in all areas of their strategic plan. The company realizes they still have a lot of work to do.\n\n1. They have placed untried leaders in 70 of Motorolas 100 most valuable assignments within the last 18 months. They also hired a sensitive president and master(prenominal) operate officer.\n2. They generated more than $1.9 million in positive operating cash flow in 2001 and reduced the ratio o f make debt to net debt plus fairness from 27 percent to 18 percent.\n3. They reduced their employee population by one-third and closed five manufacturing facilities. In 2001, four special facilities will be closed.\n4. They heighten their position in telematics by design a chopine wireless chipset.\n5. They launched a new China growth strategy.\n\nAlthough, Motorola intercommunicate the need to add new innovative products in their five-point strategic plan, they did not address the fact that they need to be more aggressive to get on the...If you want to get a full essay, order it on our website:
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