AKZONobel

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Title: AKZONobel

Essay Details:

Subject: Business

Author: Samuel M

Date: April 12, 2017

Level: University

Grade: A

Length: 2 / 584

Essay text:

Hans’ strategy of streamlining the company and focusing on specializing along with smart corporate buyouts of competing companies in the industry has cut any potential losses and netted AkzoNobel substantial gains. In today’s world where the economy has now clearly entered a phase of lower growth, only lean companies succeed. Hans Wijers wants to ensure a spot in this group by starting a rigorous drive to further reduce AkzoNobel’s cost base. Wijer plans to achieve this additional growth despite the market in a broad plan: “Improving operational performance: AkzoNobel announced an EBITDA margin target of at least 14 percent by the end of 2011...

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