Motorola's Mike Zafirovski A track record of Solid Results

microphone Zafirovski, Motorolas President and Chief Operations Officer, and suffermingly the companies answer to pose support on cash in ones chips of the market. In April of 2001 Motorola do headlines in that the telephoner showed its first loss in cardinal 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. microphone 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 resolution was made: Mike has the best operation turn more or less 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 some achievement c hanges have been made to get Motorola out of the carmine and choke in the black. His strong leadership style was untold essential and, not surprisingly, well respected among everyone he dealt with. Mike was face up with some hard right vs. easy wrong decisions when he made the choice to trim the Motorola work force 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 notwithstanding offering less(prenominal) than twenty. In order to get the company back on the right track with fresh n ew ideas and stronger initiatives for the co! mpany to succeed, not only did Mike replace over half(prenominal) the top company executives, he also got rid of the worst execute 10% of the managers.         He motivated the employees by push button for employee bonuses ground on profitability and cash flow. This consequently turn their... If you expect to get a full essay, order it on our website: OrderCustomPaper.com

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