Olivetti, nearly free of its PC division, now must turn around core business

Article Abstract:

Olivetti SpA's CEO, Roberto Colaninno, is developing a business strategy to reinvent the company in response to the consistent losses it has experienced since 1990. Colaninno claims that his plans will center around Olivetti's profitable systems and services division. Colaninno plans to tap into this profitable division in order to help pay off the company's reported debts of $1.52 billion as of Nov 1996, while expanding the company's telecommunications interests. A formidable ingredient in Olivetti's plans is the sale of its PC division to Centenary Corp during the week of Jan 20, 1997, that is valued between $155 million and $190 million. Other comparable sales are encompassed in Olivetti's asset-disposal plan which Colaninno claims is progressing better than expected. Colaninno maintains that the plan he presents to Olivetti's board will target reducing costs and improving cash flow by concentrating on systems and services.

Computer Systems Design and Related Services, Contract Software & Services, COMMUNICATION, Communications, Broadcasting and Telecommunications, Computer integrated systems design, Telecommunications industry, Software support services, Reorganization and restructuring, Olivetti Synthesis S.p.A., Company Business Management, Company Restructuring/Company Reorganization

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Dell to Detroit: get into gear online!

Article Abstract:

Michael Dell outlines procurement, manufacturing, and distribution systems his company, Dell Computers, uses to market high quality computers. The different groups in this process communicate largely over the Web. Dell then speculates that auto makers and customers would benefit from adopting similar business practices

United States, Motor vehicles and car bodies, Strategy & planning, Motor Vehicles, Automobile and Light Duty Motor Vehicle Manufacturing, Methods, Production management, Interview, Automobile industry, Company systems management, Information management, Dell, Michael

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