Motorola's Mike Zafirovski A track record of Solid Results

mike Zafirovski, Motorolas President and Chief Operations Officer, and suffermingly the companies answer to specify support on cash in ones chips of the market. In April of 2001 Motorola do headlines in that the come with showed its first loss in 15 geezerhood of an excruciating $206 million dollars. One year previous(a)r, late July of 2002, Christopher B. Galvin, the companys CEO, denote a change on their executive team. mike Z formerly of GE, who had been with Motorola for two geezerhood, had been appointed President and COO. In an movement to calm and assure stockholders of the companys stability the following annunciation was made: Mike has the best operation turn close to security of anybody at the company. Nobody has more energy than Mike. He knows how to see the future.         Bringing with him the track record of solid results with 14 years of managerial experience (Barthold), since Mike Z.s takeover many another(prenominal) achievemen t changes have been made to get Motorola out of the rosy and certify in the black. His strong leadership style was ofttimes essential and, not surprisingly, well respected among everyone he dealt with. Mike was face up with some hard right vs. motiveless wrong decisions when he made the choice to trim the Motorola men by 38% (down to 93,000 employees).

        Operating expenses were cut by 14% and the once extended line (over 128 styles) of Motorola phones were trimmed down to only(prenominal) offering less(prenominal) than twenty. In order to get the company back on the right track with fr esh new ideas and stronger initiatives for t! he company to succeed, not only did Mike replace over one-half the top company executives, he also got rid of the net execute 10% of the managers.         He motivated the employees by button for employee bonuses ground on profitability and cash flow. This consequently morose their... If you expect to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper