Whirlpool Corporation

A07-00-0013 Whirlpool Corporation’s Global Strategy We want to be able to take the best capabilities we have and leverage them in all our companies worldwide. David Whitman, Whirlpool CEO, 1994 Quoted in the Harvard Business Review In 1989, Whirlpool Corporation (Whirlpool) embarked on an ambitious global expansion with the objective of becoming the world market leader in home appliances. Beginning with the purchase of a majority stake in an appliance company owned by Philips, the Dutch

manufacturers for domestic production; Whirlpool, General Electric, and Electrolux. The appliance industry is changing and become more competitive with the influence of Asian competitors, specifically, LG and Samsung is importing appliances into the United States. Subsequently, in January 2016, a Chinese manufacturer, Haier, bid for the purchase of General Electric Appliances, finalizing the contract, Monday, June 6, 2016 (Thompson, 2016). Whirlpool Corporation is the largest global manufacturer of

The Whirlpool Corporation is a multinational corporation with its world headquarters located in Benton Harbor, Michigan. Whirlpool manufacturers home appliances including Kitchen-Aid, Maytag, and Amana. First started in 1911, manufacturing electric hand wringers, it has grown into a global world leader in home appliances manufacture. Growth strategies 1. Internal growth – This is growth from within the corporation using internal resources. This would include focusing on new products or a new

work they are involved in. The Whirlpool Corporation has been involved with several leading charitable organizations, helping to better the communities and its citizens across the globe. The two charitable organizations Whirlpool is affiliated with, that will be discussed further, are the Boys & Girls Clubs and Habitat for Humanity. Boys & Girls Clubs The Whirlpool Corporation’s success has allowed them to get involved with various charitable organizations. Whirlpool has chosen to work with the Boys

CASE 30 “Goodbye, Indiana --- Hello, Mexico: The Whirlpool Plant Closing*” Ethics in Practice Case 1) Was the Whirlpool Plant Closing just another “business decision”, or did it carry with it social and ethical responsibilities and implications? Explain. This was not only a business decision, but it carried social and ethical responsibilities with it because the company was thinking for the benefit of its shareholders and consumers by making more energy-efficient products while keeping consumer

Company Background Whirlpool Corporation is the number one major appliance manufacturer in the world. Whirlpool Corporation was incorporated on August 10, 1955. It trades on the NY Stock exchange under WHR. Whirlpool is one of the world's top home appliance makers. It specializes in laundry appliances, cooking appliances, refrigerators and freezers, compressors, dishwashers, mixers and other small domestic appliances as well as manufactures and markets home appliances. Whirlpool has huge global experience

manufacturers for domestic production: Whirlpool, General Electric, and Electrolux. The appliance industry is changing rapidly and becoming more competitive with the influence of Asian competitors, specifically, LG Electronics and Samsung Electronics, who are major appliance importers. Subsequently, in January 2016, a Chinese manufacturer, Haier, bid for the purchase of General Electric Appliances, finalizing the contract on June 6, 2016 (Thompson, 2016). Whirlpool Corporation is the largest global manufacturer

Considering the Maytag Acquisition Executive Summary Situation Executives at Chinese home appliance manufacturer Qingdao Haier, Ltd. (Haier) have just learned that Ripplewood Holdings placed a bid to purchase Maytag Corporation for $1.13 billion or $14/share. Maytag Corporation, the 3rd largest home appliance manufacturer in the United States, has announced that it will consider competitive offers for the acquisition of the company. Chinese home appliance manufacturer, Qingdao Haier, Ltd. must

2. Durable Household industry overview The home appliance industry is a multi-billion dollar industry which includes the Major Appliances (refrigerators, cookers, dishwashers, washing machines & dryers), Small Appliances (Vacuum cleaners, iron, & accessories) and Home Comfort products (air conditioners, water heaters). Home appliances industry competes on the basis of:  Cost structure that impacts the ability to compete on price.  Product features that can provide a competitive advantage, through

BACKGROUND INTRODUCTION The estimated $228.9 billion in the year 20092 global household appliances market can be described as a global industry in condition that the coordination and integration of sourcing, manufacturing, operations, research and development and marketing activities across multiple world regions and countries is accomplished. Enterprises capable of harnessing the benefits of strategic global locations and integrate them into one single global vision are the ones that can