Management Planning

In: Business and Management

Submitted By tyjordan1
Words 1012
Pages 5
Tyco International Ltd is a global company currently operating in 60 countries and more than 100,000 employees worldwide. The chairman and Chief Executive Officer of the company, Edward D. Breen joined Tyco in 2002. Tyco is the leading provider of electronic security products and services, fire protection and detection products and services ,valves and controls (Tyco International Ltd, n.d., para. 1) The company was founded in 1960 by Arthur J. Rosenberg and acquired a bulk of the business through acquisition through a period of 1973-2001. The company has made more than 200 acquisitions in the past eight years. The company was first listed on the New York stock exchange in 1974. Tyco not only believes that providing excellent services to the customers but that the company should practices and ensures integrity, compliance, and accountability to all parties involved in the success if the business.
A company as large as Tyco International has to put much thought into the management, and the planning aspects of the business. The company operates all over the world and the company has to adapt to the different cultures and business ethics of each Country. Tyco not only operates its own business but also manages other companies. Tyco has six goals the company seeks to achieve. Governance, Operational Excellence, Growth, Financial Strength, and Flexibility, Teamwork, Culture, and Customers. Tyco has exceeded its commitment in all of these areas and believe that it has assisted in the long term growth of the company and any continued success (Tyco International Ltd, n.d., table Mission and Goals).
Tyco International has 12 main management teams that seem to operate as a divisional structure that has smaller structures that operate under the main structure as a functional structure. The main management team that operates as a divisional product structure or conglomerate…...

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