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Action Plans - Essay Example

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This being the first time the commission is presenting the action plans of the organization this year; it will be a great milestone for the future developments…
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Action Plans Action Plans It is with great pleasure that I welcome you all in the presentation of Whirlpool’s Innovation Group action plans. This being the first time the commission is presenting the action plans of the organization this year; it will be a great milestone for the future developments plans of Whirlpool’s Innovation Group.
Whirlpool’s Innovation Group has tremendously grown for the last years. During the first quarter of 2015, the company registered a net earnings of $ 191 million compared to what it registered of $ 160 million for the similar prior –year period (Whirlpool Corporation, 2015).
As the groups vision suggests, this year we will ensure that Whirlpool’s Innovation Group get a proper name by ensuring that Whirlpool products are the most preferred brands in the associated home of the near future. We will also ensure that every activity that is being carried out in the organization is in line with the mission by ensuring that our products empower our clients in homes across the world.
Ladies and gentlemen, Whirlpool’s Innovation Group has set various goals to ensure that the company achieves its mission including; identifying technologies central the connected goals, integrating Whirlpool products with the connected home and ensuring that new technologies make customer’s lives easier.
In addition, Whirlpool’s Innovation Group has gone a step further developing various corporate ventures. For instance, Whirlpool’s Innovation Group recently developed a partnership with universities (Smart Zones) as well as Tech Scouting.
To achieve its various goals and objectives, Whirlpool’s Innovation Group is planning to establish a presence at one or more Smart Zones for developing connected home technologies for Whirlpool. Additionally, it is planning to establish a scouting group with the purpose of investigating developments in connected homes. Last and not least, the Whirlpool’s Innovation Group is planning to Leverage Smart Zone presence to facilitate technology scouting.
As I close, allow me to stress on the action plans, if Whirlpool’s Innovation Group manages to effectively implement these actions plans success will be automatic. The number of connected will determine the metric of our actions home our products release to the market (Whirlpool Corporation, 2015).
On behalf of the management, I would like to place on record sincerest appreciation for the support extended by the company in the establishment of these action plans. Thank you for your cooperation.
References
Whirlpool Corporation. (2015, April 20). Whirlpool Corporation Reports First-Quarter 2015
Results and Updates Full-Year 2015 Guidance. Retrieved from PR Newswire: http://www.prnewswire.com/news-releases/whirlpool-corporation-reports-first-quarter-2015-results-and-updates-full-year-2015-guidance-300072899.html Read More
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