In 2007, Thomas Schmall was appointed to the CEO of Volkswagen do Brazil (VMB). Two years later, Brazil experienced a financial crisis making VMB to park its newly manufactured vehicles in its plants waiting for the consumers to start spending again. Consequently, VMB recorded financial losses and a fall in its market share. Using VMB as the case study, this essay covers the strategy that Schmall adopted to swing VMB back to profitability. He adopted a balanced scorecard that enables the company to drive its strategies. The essay also covers dimensions of a balanced scorecard. This is a nice paper that educates companies on what they may do to achieve a high performance culture and thereby improve their output.
Why VMB is so successful?
What approach Schmall adopted to swing VMB back to profitability?
This essay analyzes the financial health of Walmart which is the biggest retailer in the world. To determine the financial stability of a company, this goes beyond looking at the company's balance sheet. The best way to understand the financial stability of a company is by using financial ratios such as asset turnover, operating income margin, coverage ratio, etc. Thus, this essay analyzes the financial ratios of Walmart to determine its financial stability. To better understand how the company is faring in the industry, the ratios will be compared to that of Target Corp which is Walmart's biggest competitor. Hope you'll enjoy reading this essay.