Anne Mulcahy Leading Xerox Through the Perfect Storm B Supplement William W George Andrew N McLean 2005
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“As Anne Mulcahy, president of Xerox, sat in the executive session, the pressure was intense. The company was in trouble, having fallen into severe debt, and investors and the board had placed restrictions on the management team. The company was struggling to generate enough revenues to sustain its operations, even as it was investing heavily in R&D to maintain and improve its product line. And the pressure on her was intense. The board was clearly unhappy. One board member, Jim Coughlin, said, “We’re
Financial Analysis
In the early 1990s, I was fortunate to work for Xerox as a manager of its accounting and finance organization (AG). At Xerox, I had the unique opportunity to watch and be a part of a company that successfully navigated through the challenging and very costly Perfect Storm. In the early 1990s, Xerox faced tremendous competition in its business from Microsoft, Cisco, IBM, and others. The company was in deep financial troubles, and there was a consensus that its
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“Xerox is an iconic company with a history that spans over five decades. It is one of the most highly admired and respected businesses in the world. But its most remarkable achievement came during the ‘90s when Xerox took on the world with its revolutionary paperless office product called Xerox PARC II. What is PARC? According to the company’s website, PARC is ‘a laboratory for imaginative thinking’. The PARC II is the world’s first paperless office product
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Anne Mulcahy is known as an expert case study writer because she is a veteran in the field. She has over 30 years of experience in the corporate world. Her expertise is in business strategy and management. Her passion for excellence is evident in her professional life. Anne’s background in finance and accounting has played a pivotal role in shaping her career in the world of finance, as well as her business strategy. look at more info She was a controller in many of her previous roles, and her role as CFO of Xerox Corporation
SWOT Analysis
In the perfect storm, a sudden catastrophic event creates turbulence and instability in a particular area of our lives. A storm that’s too big or too prolonged to handle can cause massive damage or even death. For example, the Great Northwest Storm of 1981 was the largest single snowstorm in North American history, resulting in more than $2 billion in damage across four states, which made that winter, known for being particularly harsh for the country. A perfect storm that affected the Xerox Corporation resulted in an overall $2 billion
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Anne Mulcahy has the rare distinction of being one of the most successful and respected women CEOs in the world today. For three decades, she had the good fortune to hold leadership positions at a variety of businesses, from Xerox (where she is currently Chairman and CEO) to Baxter International, McKesson, and more. Her first book, 11:00 AM — A New Approach to Leadership (Jossey-Bass, 1989) was an instant bestseller, largely
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Section: You can write an like a dialogue between yourself and an audience. But always make it the best dialogue ever, the kind you might have with yourself. Introduce your readers to your case study by giving them a glimpse into the history and present of Xerox. The should be short, no more than 160 words, and have a clear thesis statement. this page It should entice the reader to proceed to the next section. Section: Case Description Write down your experience with the company in the
