Never ending process

Article Abstract:

Minerva (Boskovice, Czech Republic), engineering firm, started the series production of an industrial sewing machine of a new type series in 1999. The company invested 98,254 mil Kc during 1996-1998, 27.1 mil Kc of which went into environmental protection. In 1998 the firm generated 91.7% of its turnover by exports. Among other countries, the company exported to the Netherlands, Germany, the US, France, the UK, Austria, Hungary, India, Bulgaria and Slovakia. Minerva has a 74% stake held by Duerkopp Adler (Germany) and an unspecified stake by IMCA (Netherlands).

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The process of transformation: in search of Nirvana

Article Abstract:

Extensive restructuring which took place at European telecommunications equipment manufacturer Alcatel Standard Electrica (ASESA) over a 10-year period was managed in a distinct way by CEO Miguel Canalejo. The company's experiences offer a useful insight into the successful management of corporate transformations. Key issues include focusing on the transformation process as a whole, rather than on separate business outcomes, the importance of an early vision and the need to ensure fairness at all times.

Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, Management, Telecommunications equipment industry, Telecommunications systems, Corporate reorganizations, Alcatel Standard Electrica S.A.

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