PRESENTERS: BETHANY JOHNSON SEDA CELIK JOSEPH CHIANTIA & CARISSA GALLO Management 11 Term Project.
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Transcript of PRESENTERS: BETHANY JOHNSON SEDA CELIK JOSEPH CHIANTIA & CARISSA GALLO Management 11 Term Project.
PRESENTERS:BETHANY JOHNSON
SEDA CELIKJOSEPH CHIANTIA& CARISSA GALLO
Management 11Term Project
THAT’S BECAUSE IT IS!
Ever feel like the whole process of doing laundry is
outdated?
Ever forget your laundry in the washer & then was forced to rewash it because of the mildew smell?
OR were you subjected to wear wrinkled clothes because you forgot them in the dryer?
Yeah…us too.
Well no more…
What’s Involved:
UnfoldingSpot TreatingMeasuring laundry detergentWait time for washer to finishWait time for dryer to finishFoldingEtc
THE FIRST EVER ALL-IN-ONE LAUNDRY MACHINE THAT TAKES
CARE OF YOUR LAUNDRY, FROM THE PREPARATION RIGHT DOWN TO THE
FOLDING!
Introducing…
LaundroMatic
STILL FITS INTO THE SAME SPACE YOUR
OLD WASHER/DRYER WOULD.
THIS WILL ENABLE EASE OF SWITCHING
TO THIS PRODUCT
What we envision for this Product
Demonstration
http://www.facebook.com/photo.php?v=10151164681622747&set=o.477733742257596&type=3&theater
WHIRLPOOL CORPORATION
World’s Number 1 global appliance brand
Product categories include fabric care, cooking, refrigeration, dishwashers, countertop appliances, garage organization, and water filtration
Also markets brands such as Maytag, Kitchen-Aid, Consul, and Jenn-air
Annual sales in 2011= $19 billion
Over 68,000 employees
Headquarters in Benton Harbor, Michigan – but has consumer design studios in Brazil, Shanghai and Italy
Brief Overview
Whirpool’s Commitment to Invest in America
http://www.youtube.com/watch?v=tDMkQZr88ds
“Currently, we have more U.S. manufacturing workers than all of our major competitors combined.
Of the products we make, more than 80% of what is sold in the U.S. is made in this country. Each year, Whirlpool Corporation spends more than $7.4 billion to operate its nine U.S. plants and keep its approximately 15,000 manufacturing employees at work.”
Environment
Simple
Environmental pressures ARE congruent with Whirlpool’s goals.
“SAVE ENERGY, SAVE MONEY, AND SAVE THE PLANET”
Environment Continued
..Stable-
Traditionally, the major home appliance industry has been congruent with the housing market.
Environment
AnalysisCorporate and
Competitive Strategy
Opportunities: Eco friendly trend, smaller appliances
Strengths: Innovative, no similar product, cost effective
Horizontal Integration
Stability StrategyExpansionCompetitive
AdvantageDifferentiation
Strategy
Strategy
Whirlpool Laundromatic
Geographic Departmentalization
-North America-Everywhere
else
Functional Departmentalization
Decentralization
Span of control= 6-10 employees
Structure
Jeff M. Fettig, 55
Graduated with BS and MBA from Univ. of Indiana, Bloomington
began as operations associate in 1981.
worked his way through various managerial positions until 1994, when he became the Executive Vice President of Whirlpool and President of Whirlpool Europe and Asia.
July 2004- became the Chairman of Board and CEO of Whirlpool Corporation.
Annual Salary = over $1.3 million
Because he has been with Whirlpool for over two decades and has been through all levels of the company, Fettig has the experience and qualities to lead a company who is dedicated to positively changing the lives of their consumers – he is a TRANSFORMATIONAL leader
Leadership
FOCUSES MORE ON THE MEANS AND INTERNAL FUNCTIONING
Culture
“Respect, Integrity, Diversity and Inclusion, Teamwork, and “Spirit of
Winning” are Whirlpool’s core values that shape the company’s culture.”
Human Resource Management
Diversity is a key factor in recruiting and retaining the talent needed to remain competitive in a competitive global
marketplace.
Whirlpools Statement on Diversity Representation
Management at Whirlpool set out to differentiate their products through innovation.
At Whirlpool they want superior quality and faster cost reduction, plus innovation—all at once!
Whirlpool believes that you can dramatically raise the innovation potential of just about anyone.
Whirlpool’s dedication to Professional Development
In the classroom, employees are instructed in new tools and approaches that develop innovative consumer solutions.
After their coursework, employees engage in activities that enable them to apply what they learned to one of the many innovation projects at Whirlpool.
Whirlpool Corporation provides five levels of training to employees as part of its “leading the Whirlpool enterprise” (LWE) training that are targeted to the employee’s management level. The courses focus on developing individual leadership capabilities and skills to help transform the company into a customer-focused enterprise. More than 10,000 employees worldwide have completed the courses. http://www.whirlpoolcorp.com/responsibility/employees/
default.aspx
Continued
Whirlpool Corporation has an educational reimbursement program that is designed to reimburse eligible U.S. employees for costs associated with obtaining undergraduate and graduate degrees.
Whirlpool Corporation offers the opportunity
for employees in the United States and
Canada to earn an associate or
bachelor’s degree on-site with no up-front out-of-pocket expense. More than
400 employees have or are pursuing degrees.
Whirlpools goal: “Innovation from everywhere and everyone.”
To quote Dave Binkley, the senior vice president of global human resources for
Whirpool Corp, “projects do fail; people don’t fail.”
& REMEMBER…
Thus concluding why we chose Whirlpool as our parent company
References
Whirpool Corporation Website, Retrieved from: http://www.whirlpoolcorp.com/responsibility/employees/default.aspx