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JOhn deere
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Transcript of JOhn deere
JOHN DeereTRACTORS
“Nothing Runs Like a Deere”
GROUP 7 Arpan Doshi Atul Tiwari Gurupkar Mehta Nithu Jose Siva Bharat Sneha Kulkarni
Main Focus Points Introduction Products History Achievements Motto What JD wants from people? Why John Deere? Career at John Deere Career Growth Stock Market Reputation Conclusion Our View
Introduction American corporation
Industry - Heavy equipment
Founded - Grand Détour, Illinois(1837)
Founders - John Deere
Headquarters - Moline, Illinois, United States
Area served – Worldwide
Key people - Sam Allen(CEO and President)
Employees - 67,000 (2013)
Website - www.Deere.com
56 countries – 96 Branches
Products agricultural machinery Tractor Thresher Cutter Forage Harvester Cotton Picker construction machinery forestry machinery Diesel engines Drivetrains (axles, transmissions, gearboxes) used in
heavy equipment, and lawn care equipment
History Deere & Company began by John Deere
Born in Rutland, Vermont, USA
on February 7, 1804
moved to Grand Detour, Illinois in 1836 (in order to
escape bankruptcy in Vermont)
In 1842, Deere entered a business partnership
with Leonard Andrus named the "L. Andrus Plough
Manufacturer“
Partnership with Andrus ended in 1848 and Deere
relocated to Moline, Illinois
Continue… Deere formed a partnership with Robert Tate and John
Gould in 1849 - Deere, Tate & Gould Company
producing over 200 plows/month
Deere bought out Tate and Gould's interests from company
in 1853- joined in the business with his son Charles Deere
in 1868, it was incorporated as Deere & Company
First model - Dain All-Wheel-Drive
Most successful model - Waterloo Boy , John Deere Model D
Achievements 175th anniversary in 2011
Biggest supplier of tractor in world
A Fortune 500 company
2011 John Deere units in the U.S. receive 52 awards
from the National Safety Council recognizing each unit’s
commitment to safety throughout 2010.
2012 Forty John Deere units surpass 1 million
employee work hours without a lost-time accident by
the end of fiscal 2012.
Continue… 2012 - Ranked 2nd on a list of the 500 Most Innovative
Users of Business Technology by InformationWeek
magazine
2012 - Ranked 97th on the Fortune 500 List, Fortune
magazine's ranking of the largest corporations in the
United States. Up from 98th in 2011
2012 - Ranked 85th of 100 brands on Interbrain's Best
Global Brands 2012. Up from 97th in 2011.
2012 - Ranked 15th on a list of America's Most
Reputable Companies published by Forbes.com.
Continue… 2012 - Named a Thomson Reuters Top 100 Global
Innovator
2013 John Deere announces a set of 2018 enterprise eco-
efficiency goals for energy, waste, water, and products to
address environmental sustainability and responsible
management of natural resources.
2013 - Achieved a ranking in Fortune's Top 50 Most
Admired Companies for fifth consecutive year with a
ranking of 40th
2014 - Included in Ethisphere Institute's World's Most
Ethical Companies for eight straight year
Motto Integrity
Quality
Commitment
Innovation
Unsurpassed treatment
Diverse workforce
Highest ethics, rigorous regulatory compliance
Promote fairness in public policies
What JD wants from people? Strong work ethic
A passion for excellence
A creative mind,
Work potential
Thinking outside the box
High ambitions
Smart Work
Why John Deere? Tag line – “No matter who you are — what race, what
religion, what gender, age, disability, or sexual orientation — you are welcomed at John Deere”
JD wants diverse ideas. Compensation Base pay Variable pay – appreciation for work Financial recourses Pension Plan 401(k) Plan John Deere Stock Purchase Plan Access to Financial Professionals
Continue… Benefits
Medical
Health Savings Account (HAS)
Limited-Purpose Health Care Flexible Spending Accounts (FSA)
Tuition Reimbursement
Adoption Reimbursement
Work life Management
Vacation
Holidays
Wellness Programs
Flexible Work
Continue… Income Security
Salary Continuance
• In the event of illness, your salary is continued for up to 12
months. The amount you are eligible for is based on a
percent of your salary and your length of service.
1. 100% of monthly salary for each complete year of service
2. 65% of monthly salary for the duration of the 12-month
period
Life Insurance
Optional Life Insurance
Career at John Deere Products and services
Marketing
Manufacturing
Research and development
Accounting
Engineering
Financial Services
Information Technology
Supply Management
Human resources
Career Growth John Deere Affiliation
Employee Development
Pre induction program
Promotes Masters Degree
Promotes Executive MBA
Coaching and Mentoring
John Deere learning course
Provides Career Advisor
Internship Program
Stock Market Reputation
Current share Price - $83.17 (3rd sep)
Highest price in 30 days - $84.58
Lowest price in 30 days - $83.10
Market capital - $30.00B
Our View As seen from company’s achievements list and trust of
more than 175 years across the globe with 96 branches,
JOHN Deere is one of the world’s most trust worthy
company with $30.0B market capital.
In addition from employer’s point of view it is one of the
best companies to do work. It provides high incentives
according to work with risk cover and career growth
opportunities.
In tractor and agricultural bossiness John Deere is
biggest company of world.
References http://en.wikipedia.org/wiki/John_Deere
http://www.Deere.com/wps/dcom/en_US/products/equipment/
tractors/tractors.page
http://economictimes.indiatimes.com/topic/John-Deere-Water
http://www.interbrand.com/en/best-global-brands/2013/JohnDeere
http://www.marketwatch.com/investing/stock/DE/hulbert
THANK YOU
Contribution Atul- Introduction & products Siva- History & Achievements Sneha- Motto Gary- What JD wants from people? Valery- Why JD? Neethu- Career Options Arpan- Stock market & conclusion