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Essay heading: U.S. Major Home Appliance Industry in 2002
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Business |
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| Date added: |
November 25, 2004 |
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| No of pages / words: |
3 / 690 |
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0 times |
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Essay content:
George came up with Global Outsourcing, a broader product line, labor relations, and employee improvement. Caterpillar's employee involvement plan went hand in hand with a $1.8 billion plant modernization program launched by Schaefer in 1986. Finally, Caterpillar improved product quality. The transformation of Caterpillar was far from over...
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Finally, Caterpillar improved product quality. The transformation of Caterpillar was far from over. The company stock lagged far behind its earnings; Cat shares underperformed the S&P 500 index by over 50% for five years. Donald Fites replaced Schaefer in the winter of 1990. Fites's leadership style was a big contrast to Schaefer's leadership style...
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