General Motors - Financial Ratio Analysis I. General Motors History Highlights In its early years the automobile industry consisted of hundreds of firms, each producing a few models. William Durant, who bought and reorganized a failing Buick Motors in 1904, determined that if several automobile makers would unite, it would increase the protection for the group. He formed the General Motors Company in Flint, Michigan, in 1908. Durant had bought 17 companies (including Oldsmobile, Cadillac, and Pontiac) by 1910, the year a bankers' syndicate forced him to step down.
Durant founded General Motors and they have become a pioneer in the automotive corporation, which makes them one of the largest vehicle manufactures in the world. Their global headquarter is located in Detroit, Michigan in the United States of America. The company has employed more than 215,000 employees and have partnered with more than 31,000 companies. GM has inquired about digital communication and carryout business in over 50 different countries, across 6 different continents to support their manufacturing operations. General Motors has a vision that focuses on becoming the world leader in relations to transportation services and products.
Therefore, monitoring employee perception of work-life balance would give an organization a good idea of whether managers are displaying awareness of such generational differences and making accommodations based on values and attitudes (Gilley et al., 2015). Job satisfaction and work-life balance scores would give an organization a strong indication as to whether their strategies to unify corporate cultures were working. Finally, business growth performance indicators would another way to gauge whether an organization has created a healthy culture since organizational culture can have a direct impact on
This multinational corporation has generated an estimate of $250 billion in overall revenue. Toyota has an employment of over 330,000 people, which the majority of its employees work at manufacturing facilities. The core products of Toyota include small and medium-size Volkswagen AG General Motors Corporation Ford Motor
Or a GMC? All of these brands plus more are made by General Motors Company, or better known as GM. GM is the 2nd largest car manufacture in the world (General Motors Company, 2011). They have provided millions, if not more, vehicles to the world. Thanks to GM, many of the popular vehicle brands that are available, they have produced.
A working relationship with suppliers to build a supply chain that is sustainable can help the company cut cost, create new sources of revenues, better manage business risks, and build the value of their brand. Through efforts, such as improved energy efficiency and streamlined supply chain logistics, Nestle can considerable reduce it cost thus increase profitability in the future. It is also recommended that Nestle should incorporate bottom line sustainability issues into its corporate risk management as this would work towards reducing risk. Show casing innovative solutions to negative impacts of the supply chain operations can work towards brand value. Therefore, sustainable supply chains can reinforce Nestle’s commitment to remaining profitable for the benefit of the company’s
To see where the industry is going, one must look at the past, present, both the American and global sector, and the future projections. To look at the industry’s past in America we have to narrow down the 16 major auto makers. Three of these businesses are centered in America. Ford, General Motors, and Chrysler are known as Detroit’s Big Three. Four out of every ten employees of these three companies work here in America.
Ford’s Automotive Sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific business unit . Ford is the second biggest automaker in the US in term of market share in 2015 after GM. It sold 2.6 millions car in 2015 or 14.66% of US car market. It employed 187,000 employees in 2014, which 90,000 of its employees are in North America (US, Mexico, and Canada). Ford operates more 62 plants in the world and has 11,980 dealership across the globe, which consist of 10,938 Ford dealership, 869 Ford-Lincoln dealerships and 173 Lincoln dealerships .
Corporate Social Responsibility (CSR) can be defined as “not only is doing good the right thing to do, but it also leads to doing better’. Corporate social responsibility is a form of corporate self-regulation whereby the organizations has active compliance to make decisions that are ethical and beyond the interest of the organization. They also have responsibility to contribute to the economical developments and to get the quality of life of its employees, their families as well as the community and the society improved. (Farrell, Hirt and Ferrell 2011) The society is paying more attention to issues like acceptability, the usage and the misuse of power of the organizations. (Lindgreen and Swaen 2010) CSR have shown to increase the corporate commitment and corporate citizenship in the organization.
Formal (rules and regulations) and informal institutions demand for better environmental and corporate social responsbility from firms. As a result, sustainability has become a key focus for multi national enterprises as it enabled companies to achieve better organizational performance. One of the Human Resources Management(HRM) function consists of assisting in creating and implementing sustainability strategy in various ways. Human Resources(HR) ensures that the employees of a global firm implement the strategy consistently across the globe. A sustaniable human resource management uses various methods and tools to create a global worksforce that trusts the organization and its strategies towards the global sustainability.