At the end of the 2015 fiscal year, Pentair has 27,600 employees worldwide with 9,600 at its domestic locations (Pentair, 2016, p.8). The company website revealed that the company primarily uses a geocentric approach (Plakhotnik, 2008, p.117) in hiring and retaining its employees as concurred by the cultural diversity of its workforce (Pentair, 2016, p.10). The code of business conduct and ethics revealed that Pentair management does not consider race, ethnicity, age, personal style, gender, country of origin, physical ability, life experiences, religion, and sexual orientation when hiring, retaining and promoting talented individuals (Pentair, 2016a, p.10). The ...
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IX. Business Ethics Ritenbaugh (2016) believes that the Bible is based on governing over man, self and God. It implies that bible defines the corporate organization as a defiance of the bible since it promotes the good of the self by generating profits while a single individual rules over others. The goal of business operations is considered by Ritenbaugh (2016) to be a sin since encourages other individuals or employees to achieve higher profits for the organization and its owners, which are the shareholders. However, Proverbs 14:23 where “in all labour there is profit” (King, 2016) the bible concurs ...
Pentair works in three primary segments, or strategic business units: Water and Fluid Solutions, Technical Solutions, and Valves and Controls. As such, each of these areas presents unique business opportunities that can be explored via the BCG Matrix. First, Pentair is currently the global leader in the transport and treatment of water as well as the largest global valve company. This presents opportunities that fall into both the star and the question mark category. Currently Pentair has the capacity to reach four-plus billion middle class agents, globally, demonstrating an area of high market share overall, further, as demand increases ...
Ratio Analysis
Common Size Income Statement VII. Implementation One strategy to improve the company’s profitability is to focus on its other operating segments despite the decline in growth of the Valve and Controls segment Board members with international operations experience needs to be recruited specifically in previously untapped developing countries such as India and Brazil
Improvement in the production process of future products in order to accelerate the production period
VII. Evaluation and Control
MIS development in order to simplify the production process of future products while minimizing backlogs
The recently acquired Erico Global Company have a different organizational culture from Pentair, which means that the company values must be indoctrinated to the employees of acquired companies The design of the current production facility must be examined to determine maximization ...
V. Analysis of Strategic Factors
A. Situational Analysis (SWOT)
1. Strengths a. experienced company management b. product quality and reliability c. focus on employee and community welfare d. long-term partnership with customers 2. Weaknesses a. use of multi-channel distribution b. seasonality of product sales c. high production backlog with a slow product turnaround d. problems with integration of new subsidiaries 3. Opportunities a. expansion into the international market b. extensive use of proprietary technology c. increased focus on water and energy conservation d. expansion of demographics and their consequent requirements 4. Threats a. deterioration of the oil and gas industry due to lower ...