New Babcock hotshot fires up smokestack company
Article Abstract:
Babcock International PLC of Great Britain has benefited from the management style of Michael Hoffman, who was appointed managing director for the engineering firm in early 1984 and who has been able to inject new outward-looking ideas and innovative strategies for expansion after surviving the recession of the 1970s and early 1980s. The company has extensive international operations, which requires Hoffman spend much of his time traveling from place to place, and analysts have been surprised at how quickly he has been able to grasp the complex operations of the firm. The diversification of the company in the face of lower growth in its principal markets, and new markets Hoffman hopes to steer the firm toward in the near future are described.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1985
User Contributions:
Comment about this article or add new information about this topic:
Dilemma and decision: what a company can do when its defence division becomes a liability
Article Abstract:
Companies faced with defense divisions that may become economic liabilities due to defense spending cuts should commission an analysis to be completed within six months that will determine the possibility of converting the division to consumer-oriented production. The report should also consider whether strategic alliances with other defense contractors is feasible, or whether the division can be sold. If the report indicates that the possibilities of affecting one of the three options is negative, the firms should consider a management buyout in order to get out of the business. Defense industries require different management than do consumer-oriented industries, and affecting a change to civilian production could take years.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1990
User Contributions:
Comment about this article or add new information about this topic:
The turnaround in Swiss industry: how the smokestack crowd discovered marketing
Article Abstract:
Swiss industry, which nearly collapsed in the late 1970s and early 1980s due to currency fluctuations and competition from Japan and other countries, is now making a comeback. This revitalization has been especially marked in the watch industry, and is followed by a revival of the metal firms and heavy engineering. This is mainly due to the efforts of the Swiss industry itself. Swiss managers are now willing to take risks, make structural changes, and adopt sophisticated marketing strategies, and Swiss companies are now looking for acquisitions. Examples of Swiss firms that have made a comeback are Nestle SA, SMH, Oerlikon, and Charmilles Technologies SA.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1987
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: BP-Amoco to set standard for oil-industry mergers. Phelps Dodge lifts bid for copper firms. Billiton agrees to buy Rio Algom
- Abstracts: For buyout firms, West meets Mideast. Vivendi in talks for stake in Dubai's Oger Telecom. DoCoMo benefits from low fee for coming offer
- Abstracts: The Bulgarian market for confectionery. The Russian market for confectionery. Confectionery in Norway
- Abstracts: PAL is on track to post a profit in second quarter. Ryanair's profit soared 12% in quarter
- Abstracts: UniCredit winks at Capitalia: potential tie-up in Italy would further reshape Europe's banking sector. Unicredito aims to win control over Generali