Global enterprise Essay Example | Topics and Well Written Essays - 1500 words

Global enterprise - Essay Example The best way out was supposed to be the buying of the Asian car manufacturer, among which Mitsubishi and Nissan were considered. But as financial indices of Nissan didn't make Daimler company optimistic about it, the decision of buying 34% of Mitsubishi Company has been taken. The problems and risks of Daimler Chrysler after having bought 34% stake of Mitsubishi laid in the necessity to lock together the separate pieces of this consortium. There should have been solved the problem of cost savings and technology cross pollination between Chrysler and Mitsubishi. The benefits of the joint venture for both companies lied in sharing engines, transmissions, and other major components, which will finally reduce the costs of both participants, as well as will lead to the sharing of entire platforms which are the most expensive parts in car manufacturing. The main risks for Daimler were first of all, cultural difficulties in making the two companies work together. As one of the Daimler's managers has noted, 'when it is an Asian company and a European-American company, it is even tougher'. Another risks lied in the fact, that any investments (and buying Mitsubishi was the direct investing of Daimler) carry certain risks. Mitsubishi was the only car manufacturer in Japan, working with financial losses and getting no benefits. Thus for Mitsubishi it was a huge chance to restore its position on the market and enter other foreign markets. At the same time, Daimler Chrysler, with Mercedes-Benz being the best-selling foreign car in Japan, took only 0.8% share of Japanese market and needed to find an effective solution for expanding its activity to West Asia. In addition, in six months after the historical merge had been accomplished, Mitsubishi admitted, that it illegally concealed the customer's complaints in relation to vehicle defects on systematic basis. 3.Explain how the acquisition of 34 % and then 37 % stake of Mitsubishi cou1d help DaimlerChrysler to meet the fuel pact The purchase of 34% (and later 37%) of Mitsubishi stake by Daimler Chrysler led to the possibility for Daimler to meet the fuel pact. According to the Kyoto protocol of 1997, the main car manufacturing companies had to turn to the fuel cell production, and all Japanese companies have already had their own prototypes of ecological engines, among which Mitsubishi held strong position. Thus Daimler was able to turn to the ecologically-effective production with minimum costs. 4.Analyse, in the context of DaimlerChrysler global strategy, the following options for DaimlerChrysler regarding the objectives followed with Mitsubishi with their advantages and disadvantages: 4.1 export from the US and Germany; 4.2 licensing; 4.3 joint-venture; 4.4 wholly-owned subsidiary. From the viewpoint of the global strategies of both companies, it should be said that of course, it was becoming easier for Mitsubishi to export car details from the US and Europe, but at the same time, this was another possibility for Daimler to strengthen its positions in selling car platforms in Asia. The

Developing a Shared Vision Essay Example | Topics and Well Written Essays - 750 words - 1

Developing a Shared Vision - Essay Example g the healthcare industry, healthcare leaders are changing and adjusting to new measures to enable them lead the healthcare organizations they are leading. Healthcare leaders in the modern healthcare industry face a vast array of challenges, from layoffs because of reducing revenues, staff shortages, re - organization in response to merging of consolidation services, poor job satisfaction rates resulting in Turnover to poor performance outcomes leading to a reduction in Medicare Reimbursement Dollars. In the past, healthcare leaders have not faced so many issues as now. Due to these issues, healthcare leaders have resulted to certain skills, individual features and leadership features to enable them mitigate the challenges faced. As the manger of an ancillary service department at a large, 500 + bed hospital, several challenges have affected the ancillary service department. These challenges include staff shortage and layoffs due to declining revenues. This paper describes a proposal directed to staff to address the two issues. Staffs are a vital component of a healthcare’s system unit. Hence, it is important to keep them informed regarding issues that are affecting the hospital so that they are not caught off guard on mitigation measures put in place by the hospital’s management to solve the challenges. Informing staff makes them feel part of the hospital. It boosts their morale in spite of the challenges. The hospital faces two challenges that are staff shortage and layoffs due to reducing revenues. These challenges are not a call to panic or give up. However, they are a call to unity, cohesiveness and adaptation in order to overcome them as valuable contributors to the day-to-day running of the hospital and healthcare in the country. As you all know, both of these challenges are not unique to the hospital. They are nationwide issues. However, as a hospital, the management would like to take its own initiative to mitigate these issues. Staff shortage in