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For that reason, after Tyco's 1973-1982 period of rapid growth, management focused on strengthening the company from within. To do so, Tyco organized its subsidiaries into three business segments (Fire Protection, Electronics and Packaging), and created an operating plan that focused on strengthening market leadership and being the high-quality, low-cost producer within its markets. The plan's objectives were:
To achieve significant market share in each of its principal product lines;
Establishment of each product line as the leader and high-value producer in its field;
To maintain, throughout all Tyco business segments and product lines, a reputation for product quality, reliability, and customer service...
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Common topics in this essay:
- Dennis Kozlowski And Tyco
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