management 11 term project
DESCRIPTION
Management 11 Term Project. Presenters: Bethany Johnson Seda Celik Joseph Chiantia & Carissa Gallo. Ever feel like the whole process of doing laundry is outdated?. That’s because it is!. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/1.jpg)
PRESENTERS:BETHANY JOHNSON
SEDA CELIKJOSEPH CHIANTIA& CARISSA GALLO
Management 11Term Project
![Page 2: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/2.jpg)
THAT’S BECAUSE IT IS!
Ever feel like the whole process of doing laundry is
outdated?
![Page 3: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/3.jpg)
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.
![Page 4: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/4.jpg)
Well no more…
What’s Involved:
UnfoldingSpot TreatingMeasuring laundry detergentWait time for washer to finishWait time for dryer to finishFoldingEtc
![Page 5: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/5.jpg)
THE FIRST EVER ALL-IN-ONE LAUNDRY MACHINE THAT TAKES
CARE OF YOUR LAUNDRY, FROM THE PREPARATION RIGHT DOWN TO THE
FOLDING!
Introducing…LaundroMati
c
![Page 6: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/6.jpg)
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
![Page 7: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/7.jpg)
Demonstration
http://www.facebook.com/photo.php?v=10151164681622747&set=o.477733742257596&type=3&theater
![Page 8: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/8.jpg)
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
![Page 9: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/9.jpg)
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.”
![Page 10: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/10.jpg)
Environment
SimpleEnvironmental pressures ARE congruent with
Whirlpool’s goals.
![Page 11: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/11.jpg)
“SAVE ENERGY, SAVE MONEY, AND SAVE THE PLANET”
Environment Continued
![Page 12: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/12.jpg)
..Stable-
Traditionally, the major home appliance industry has been congruent with the housing market.
Environment
![Page 13: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/13.jpg)
AnalysisCorporate and
Competitive Strategy
Opportunities: Eco friendly trend, smaller appliances
Strengths: Innovative, no similar product, cost effective
Horizontal Integration
Stability StrategyExpansionCompetitive
AdvantageDifferentiation
Strategy
Strategy
![Page 14: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/14.jpg)
Whirlpool Laundromatic
Geographic Departmentalization
-North America-Everywhere
else
Functional Departmentalization
Decentralization
Span of control= 6-10 employees
Structure
![Page 15: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/15.jpg)
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
![Page 16: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/16.jpg)
FOCUSES MORE ON THE MEANS AND INTERNAL FUNCTIONING
Culture
![Page 17: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/17.jpg)
“Respect, Integrity, Diversity and Inclusion, Teamwork, and “Spirit of
Winning” are Whirlpool’s core values that shape the company’s culture.”
![Page 18: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/18.jpg)
Human Resource Management
![Page 19: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/19.jpg)
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
![Page 20: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/20.jpg)
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.
![Page 21: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/21.jpg)
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
![Page 22: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/22.jpg)
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.
![Page 23: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/23.jpg)
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.”
![Page 24: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/24.jpg)
& REMEMBER…
Thus concluding why we chose Whirlpool as our parent company
![Page 25: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/25.jpg)
![Page 26: Management 11 Term Project](https://reader035.vdocuments.site/reader035/viewer/2022062316/5681672c550346895ddbcdca/html5/thumbnails/26.jpg)
References
Whirpool Corporation Website, Retrieved from: http://www.whirlpoolcorp.com/responsibility/employees/default.aspx