Introduction
Many companies have taken that large measuring into conducting an initial public offering (IPO) because of the growth benefits for the company; however, some(prenominal) companies are at risk of losing key leadership players because they retrieve they will not be working for the clients, however to enchant the shareholders. Can a private owned company progress to the smooth transition into an IPO without losing key players? In order to minimize mistakes and to ensure a smoother transition towards the IPO, Riordan Manufacturing connection must benchmark other organizations that set about similar circumstances, situations, and goals. In for each one team members individual analysis the following is discussed: problems and issues faced by each company, how each company responded to the issues, and the outcome of the strategies the companies used. The practices of each company was analyzed, compared and contrasted in relation to key course concepts discussed in this class. The companies benchmarked are Consolidated Container Company, Roanoke Trade International Insurance Brokers, marge of America, Wachovia, General Motors, Hewlett Packard, Sprint and AT&T.
Company Synopsis
Consolidated Container Company
Consolidated Container Company (CCC) is a manufacturer and formative containers and provides these containers to some of the biggest brand named consumer products in the world.
Products corresponding Head and Shoulders Shampoo, Aunt Jemima Pancake syrup as sound as some beverage containers are all do by CCC. Some of CCCs commercial customers are Dean Foods, DS Waters of America, The Kroger Company, Nestle Waters North America, The Procter & pretend Company, Exxon Mobil, Scotts and Colgate-Palmolive. (Business Wire 2006). The organization creates over 7 billion plastic containers a year for companies who sell dish soap, laundry detersive and other cleaning products. The company not only provides products but customer services (CCC 2009).
In the past some years CCC has acquired several companies which have created...
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