Premium Essay

Corning Glass Case

In: Business and Management

Submitted By gabicilla
Words 847
Pages 4
Corning Glass Company is an old company founded in the US, specifically in Massachusetts that manufactured glass, ceramic, and related materials usually on an order basis, which means it did not had a determined market other than satisfying particular demands from its customers and taking opportunities manufacturing Original Equipment for larger companies. Corning Glass was established in Corning, New York in the mid 1800s. Corning Glass’s operations were in Corning but as the company grew they opened plants and sales offices throughout the country. By 1968, most of their 40 plants were located east of the Mississippi River. Most of them were headquarters but two of their major divisions were in Corning. (Beer, M. 1983)
The Electronic Products Division was one of the eight line’s division in Corning Glass Woks. Their reputation was based on their high technological capability in the invention and manufacture of glass products. Some of the products the electronic division manufacture included glass lenses for optical use, laboratory glassware, refractories in a wide variety, some products for kitchen use such PYREX, well known for many people because of the good product qualities for kitchen use. (Beer, M. 1983)
When the market became more competitive its Electronics Products Division (EDP) started having some organizational problems because of the lack of growth. It all started when the profits became decreasing and in 1968 Mr. Joe Bennett took the leadership recently (in 1966) took control of the company and had changed it to a profit center based organization where every plant in every city operated independently and had their own Sales Department, Manufacturing Department, Marketing Department, Accounting and Finance Department, and their own Management by itself, just like different companies, which lead them to have some times different interests and purpose.…...

Similar Documents

Premium Essay

Giberson Glass Case Study

...will run out of money. The main solution is to know about production schedule, the financial budget, direct labor cost and his timeframe .In analyzing this case, firstly, we need to thoroughly understand the production procedure, an annual statistics income statement. Secondly, we need to compute products variable costs and fixed costs. But in this case, the fixed cost is complicated. One type that occurs is only during the periods when Giberson is blowing glass not while during his vacation, such as total gas used. Another that exists is irrespective of production, such as truck loan interest, crucial facilities’ depreciation. Cost Analysis I started with 200 lbs of raw material, but ended up with product that consisted of 39.2 lbs. the rest of the 200 lbs was waste. First I need to multiply the final weight of each piece by the number made. Patterned Glass = .5lbs / piece (he makes 19) 9.5 lbs Paperweights = .9lbs / piece (he makes 10) 9.0 lbs Wrapped Tumblers = .5lbs / piece (he makes 32) 16.0 lbs Vases = .6lbs / piece (he makes 8) 4.8 lbs Total Pounds Used 39.3 lbs (Out of 200 lbs of raw material) At this point there are several ways to calculate the final cost, however I will use the simplest. The cost of material per FINISHED product is $21.42 / 39.3 = $.545 per lb. Since each patterned glass weighs .5 lb, the cost per piece is $.27. Item   Direct Materials Cost per Unit, $ Patterned glasses       | Paperweights | Wrapped tumblers |......

Words: 523 - Pages: 3

Premium Essay

Corning Case a

...Introduction Tensions in Corning developed from external and internal factors. However, I argue that internal factors such as change in leadership style, poor communication, lack of focus, and inter-department distrust worked as the major drivers of this tension. And that the external factors simply helped by lowering the morale of the different divisions and their respective employees. The underlying problem of inadequate communication dissemination of Corning has led the managers, workers and committees to focus on different goals. This is in line with Rogers’ statement of his view on the current situation that the major problem they face now is division growth. After all, how is EPD supposed to grow when there is dissent, distrust and miscommunication within the internal systems of EPD? Environmental (External & Internal) Analysis and Reasons for Tension -Strong Tech capability in invention and manufacture of glass products -Established position in market -Uncertainty in new Leadership under Rogers -Good brand recognition -High Expectations can be a double edged sword -High Expectations -Poor Service to Customers -Always tries new things - Entrepreneurial -Missed commitments were high prior to Rogers -Missed commitments reduced under Rogers - Inter-department distrust -New information system developed by Sales Service -Poor communication in corporation Strengths Weaknesses Opportunities Threats -Color TV emerging as a significant market -New......

Words: 1966 - Pages: 8

Free Essay

Corning Incorporated: a Network Alliance

...Houghton, Chairman and CEO of Corning, has some tough decisions to make regarding the direction he wants Corning to take going forward. From the early 1900’s when Corning started the first research lab, there was no clear direction for the company. The company was successful but there was never a clear business plan laid out for Corning’s growth. It appeared that a number of decisions were made based on market trends, the economy and gut instinct. What James Houghton needs to do is lay out a plan for the future of Corning. Corning has already defined its goals, but how to achieve these goals is not clear. James Houghton has already been successful with his plan to “talk, listen and feel the atmosphere”, when it came to visiting the Corning sites. Corning also has seen significant success with the changes Houghton has implemented in the overall work environment. When Corning clearly defined the roles and responsibilities of its managers, morale improved and quality went up. If Corning can incorporate this same clear direction into their business plan, the management committee and all the other internal and external managers in their alliances would have a better understanding of what is expected of them and what they can do to continue to grow Corning Incorporated into a market leader in their four sectors of business. There are some great proposals that have been presented to the management committee. The management team needs to decide if Corning wants to strive......

Words: 1280 - Pages: 6

Premium Essay

Glass

...“The future becomes the present, the present the past, and the past turns into everlasting regret if you don’t plan for it” I can finally say I read the Glass Menagerie. And I loved it! Back in High School I never really thought it was great but it was everything. In the play The Glass Menagerie, many characteristics were shown in different people. There were primarily four main characters in the play: Amanda, Laura, Tom, and Jim. Each character had there own original issue in the story, which makes the play so entirely complex. What makes the play interesting is putting those characters together and creating inside moral and conflict. As a result, everybody still appears to be an “outcast in his or her own world” In every Tennessee William play he always uses symbolism in order to develop characters and to display the recurring themes of the play. These various symbols appear throughout the entire piece, and they are usually disguised as objects or imagery. The title The Glass Menagerie was named because of Laura’s glass animal collection. She had many different animals that symbolized your everyday people that she can not be a part of. One of the animals was a unicorn which was a “symbol of Laura” by representing the idea of being different. Laura was described to have a shy personality and would never attempt to make a change on her appearance to people. One of the main appearances she was embarrassed about was her crippled leg. Since she is already shy, this adds......

Words: 780 - Pages: 4

Premium Essay

Corning Glass Works: Electronic Product Division

...based market. Corning did not know if they wanted to be in this market. Some of the internal technical leaders were willing to turn away from this market claiming Corning developed high margin and highly technical products. Mean while sales and marketing were pushing hard to win new work in these fields disregarding the fact that Corning was not designed to compete in a fast moving commodity market. So, although sales were down Corning still relied on making their profits with out competition pressures. They relied on patents, technical know how and substantial capital investment joint. Corning started to see problems when its sales force started to focus on volume of sales without a concern for gross margins. The Sales group booked as many orders as they could to meet sales goals. Sales were giving away the store, claimed manufacturing. Marketing was just as bad. They projected a market for a product, had manufacturing make samples and spend on capital investment, only to come back later and say the market is not ten million, but, one million. Marketing claimed manufacturing was to slow to react to market conditions. Marketing clamed Product Development wasted time, up to seventy percent of product roll out was spent on process development. What happened was the trust that is necessary for departments to be able to work closely together went away. Through all of this lack of leadership, the company still held monthly meetings. Represented at these meetings in many cases were......

Words: 335 - Pages: 2

Free Essay

Owens Corning

...From the reading I found that there are a few different kinds of clusters, identifying the one that is in line with Owens Corning company is a little more difficult than expected. Also, I’m not quite sure if I completely understand the nature of the correct cluster where discussing. The Owens corning company has a strong domestic cluster along with a growing global cluster. In the United States the domestic cluster is spread out throughout the United States and Canada. The have several divisions that are closely entwined with each other where one plant manufactures the materials and resources that is shipped to another factory for either assembly or further rendering and assemblies. There are further clusters that can or cannot be the right distinction for the Owens Corning Company. The geographical cluster to which you have particular interests in the resources, supply chains and transportation of goods and materials; playing a distinct role of how well a corporation will survive in that region. Michael Porter talked about the enduring competitive advantages in global economies that lie increasingly in the local things- knowledge, relationships that distant rivals cannot match. He discusses, when a company can source a materials from a distance through global markets and corporate networks available to any company, therefore essentially nullifies the source as a competitive advantage. Having more open global markets, faster communication and transportation should......

Words: 597 - Pages: 3

Premium Essay

Glass

...Behery Done by: Asma Al Darmaki 1039949 Aysha Al Dhaheri 1031700 Noura Al Alawi 1031350 Aysha Al Shamisi 1012981 Najla Al Otaibi 1038068 LEADERSHIP AND WOMEN CAREER SUCCESS: THE GLASS CEILING EFFECT WITHIN THE UAE CEDARS - Jebel Ali International Hospital TABLE OF CONTENTS INTRODUCTION 3 Problem statement 3 Significance of the study 3 STUDY ORGANZIATION: CEDARS - Jebel Ali International Hospital 5 LITERATURE REVIEW 5 An introduction to Leadership: 5 DIFFERENT STYLES OF LEADERSHIP 6 Authoritarian Type of Leadership: 6 Democratic Leadership style: 7 Laissez-Faire Leadership : 8 The underlying concept of Glass Ceiling Effect : 9 Women Leadership Styles and Female Career Advancement 12 Relationship between Leadership Style and Glass Ceiling Effect in connection with women career 14 RESEARCH METHODOLGY AND SAMPLING TECHNIQUE 16 ANALYSIS AND FINDINGS OF THE RESEARCH: 17 Section 1: Leadership Style 17 Section 2: Perceived Glass Ceiling Effect in context of CEDARS 20 Section3: Women Career Pathways 24 CONCLUSIONS AND RECOMMENDATIONS 29 REFERENCES 31 TABLE OF FIGURES Figure 1: Authoritarian Leadership style 16 Figure 2: Democratic Leadership style questionnaire 17 Figure 3: Laissez - Faire Leadership style questionnaire 18 Figure 4: Perceived glass ceiling effect 19 Figure 5: Women career pathways survey 1 23 Figure 6:Women career pathways survey 2 23 INTRODUCTION Problem statement The increasing role of women......

Words: 3840 - Pages: 16

Free Essay

Corning Ware

...CorningWare: Refreshing an Iconic Brand CorningWare began in the space-hustling 1950s as Pyroceram, a material that would securely ingest temperature vacillations in rocket nose cones. By 1958, it was brought into homes with the capacity to go straightforwardly from the cooler to the broiler to the table, a generous advantage for those setting up the family dinners and cleaning up after. The glass-fired — and later, stoneware and aluminum — material, with its protected fitting covers and accessibility in an assortment of sizes, has been a backbone in kitchens from that point forward. The test: Despite its notable status, now and again social patterns sneak up on your image speedier than you can say "Nourishment Network." Such was the situation with CorningWare French White bakeware, which was reliably losing partake in a housewares classification commanded by superstar culinary expert supported product offerings. Examination uncovered that purchasers related the CorningWare brand with nostalgic ideas, in spite of the fact that they were pleased by the new, more redesigned offerings in splendid hues the brand had presented — and significantly more eager to take in they were from a trusted name like CorningWare. The long-standing bakeware organization expected to give individuals another approach to consider CorningWare and turned to marking, outline and prototyping office Kaleidoscope. According to me, the solution to the problem is toward the begin of the......

Words: 619 - Pages: 3

Premium Essay

The Glass Ceiling

...Stefanie da Silva April 4, 2014 BUS 410 – Maher Research Paper ------------------------------------------------- The Glass Ceiling: An Ongoing Problem and Its Solutions The Wall Street Journal coined the term “glass ceiling” about twenty-five years ago. The glass ceiling refers to invisible barriers that prevent women and minorities from reaching the top of the corporate ladder. Traditionally, throughout the United States and the world, men instead of females have held the vast majority of leadership positions. It has been found that the higher the position, in both private and public sectors, the less likely a women would hold it. For example, a study shows that women hold just 2% of positions on the board of directors of large companies in the United States of America and Britain. A second study, conducted in 1995, found that 95% of all top management positions were held by males; a staggering number considering women accounted for 45.7% of American jobs during that year. Additionally, of the Fortune 1000 companies recognized in 2003, only seventeen are led by women CEOS. So the main question at hand here is why do women lag so far behind men in moving up the managerial ladder? More women are in the workforce than ever due to the Civil Rights Act barring sexual discrimination in the workplace. However, very few of those women actually hold top leadership positions. Women’s development programs exist to help females move up in the ranks of corporate America,......

Words: 2488 - Pages: 10

Premium Essay

Corning Case

...has the firm performed? What accounts for the changes in valuation in Corning stock in Exhibit 2. * Competes in three operating segments: * Telecommunications (63% of Sales) * Advanced Materials * Information Display * Firm performed well until 2000 when the tech bubble burst. * Stock price dropped due to falling demand for fiber optics, cable systems, and other high-tech equipment the company produced. * US Telecom Index peaked at over 1,300 in December 1999, fell to 630 in December 2001. 2) Why does Corning need to raise capital? How has the firm raised capital in the past? Why might it be difficult or undesirable to raise equity now? Debt now? * Need to raise capital to invest in future growth and to preserve the balance sheet: * $2 Billion revolving credit line requiring maintaining a Debt to Capitalization ratio of 60% or less. * Previously used conventional methods: issuing bonds, common stock, commercial paper etc. * Why not equity: Stock price is extremely low currently due to tech bubble so corning would not receive a large amount of cash. * Issuing equity would further depress stock price * Why not debt: Recently downgraded to junk, so any debt issued would be very expensive. Also, issuing debt would increase debt/capital ratio, which could result in the line of credit being lost. 3) What is the theoretical value of the Corning mandatory preferred convertible described in Exhibit 10? 4) Is......

Words: 320 - Pages: 2

Free Essay

Corning Inc. Case Study

...Corning Inc. To: From: Subject: Recommendations for the three proposals Corning Inc.’s strategy – to compete in four worldwide business sectors (communications, laboratory sciences, consumer housewares, and specialty materials) and to deliver long-range superior economic benefits to its employees, consumers, communities, and shareholders – has served the organization well for over three decades as evidenced by a transformed business portfolio, record earnings, and the emergence of a new spirit within the organization. However, due to diverse changes in trends that characterize the industry’s landscape, there is the need to come up with innovative proposals that originate from diverse business sectors. The CEO of Corning Inc. hopes that these proposals would aid in the company’s continual growth. These proposals deal with (a) the laboratory sciences, (b) communication (fiber optics), and (c), the television glass division. The opinions given are a result of a comprehensive deduction of the Porter’s Five Forces model so as to identify the best paths of actions to achieve a proper competitive advantage in the industry. For the first proposal, I think it is vital that Corning maintains its relationship with Ciba Geigy. Ciba Geigy has portrayed a strong commitment to the partnership’s success as evidenced by its willingness to preserve with significantly low returns over the next few years as the venture continues to grow. Furthermore, it has a good strategic fit with Corning......

Words: 623 - Pages: 3

Free Essay

Assignment on Engineering Materials (Glass)

...Engineering Materials (Glass) Introduction Glass is a non-crystalline solid material. Glasses are typically brittle, and often optically transparent. The most prevalent type of glass, used for centuries in windows and drinking vessels, is soda-lime glass, made of about 75% silica (SiO2) plus Na2O, CaO, and several minor additives. Often, the term glass is used in a restricted sense to refer to this specific use. [pic] [pic]Roman Cage Cup from the 4th century A.D. In science, however, the term glass is usually defined in a much wider sense, including every solid that possesses a non-crystalline (i.e. amorphous) structure and that exhibits a glass transition when heated towards the liquid state. In this wider sense, glasses can be made of quite different classes of materials: metallic alloys, ionic melts, aqueous solutions, molecular liquids, and polymers. Of these, polymer glasses (acrylic glass, polyethylene terephthalate) are the most important; for many applications (bottles, eyewear) they are a lighter alternative to traditional silica glasses. Glasses play an essential role in science and industry. Their chemical, physical, and in particular optical properties make them suitable for applications such as flat glass, container glass, optics and optoelectronics material, laboratory equipment, thermal insulator (glass wool), reinforcement fiber (glass-reinforced plastic, glass fiber reinforced concrete), and glass art (art glass, studio glass). Glass......

Words: 6654 - Pages: 27

Free Essay

Agila Art Glass Case

...AGILA ART GLASS CASE When Lito Domingo, a second year graduate student at the Asian Institute of Management, first visited Agila Glass in 1990, he found the business files in disarray and the owners wondering how much longer he can stay in business. Records of production and data on product costs were non-existent.and the only financial records were a checkbook, unreconciled bank statements and several tax returns. James Tan was a skilled glassblower who had recently moved his factory from Binondo to Malabon. Tan’s wife had always taken care of the company’s books and records, but the bookkeeping had been neglected since his wife passed away more than two years ago. Even if his glasswork had been selling very well since he moved to Malabon a year ago, he soon found himself draining his very limited resources. He did not expect a big salary, but estimated that he would need at least P 25,000 a year to tide him over. Notwithstanding his lack of organized financial information, he realized something had to change.if he was to avoid bankruptcy. In desperation, he contacted Lito, a longtime friend, who agreed to help him. Production Process Agila produced fine, handblown glassware in the form of tumblers, paperweights, patterned glasses and vases. In a refurbished garage, James fashioned handblown items from molten glass gathered on a long metal blowpipe. Using his own breath to shape the object, James formed each vessel by a process analogous to blowing honey at the......

Words: 1474 - Pages: 6

Free Essay

Glass

...4700 ft high Glass Sky Walk in Tianmen Mountain in Zhangjiajie Hunan, China 中國湖南省 張家界天門山玻璃棧道 China’s newest tourist spot is a glass-bottomed walkway around the cliff face of the Tianmen Mountain, 7 ft above sea level, at Zhangjiajie, Hunan Province (自動翻頁) 張家界天門山國家森林公園新建的玻璃棧道正式對遊客 開放。玻璃棧道于天門山頂西線,長60米,最高處海 拔1430米。所有上橋的遊客均被要求穿上鞋套,以保 持玻璃橋面潔凈。玻璃棧道是張家界天門山景區繼懸于 峭壁之上的鬼谷棧道、憑空伸出的玻璃眺望臺、橫跨峽 谷的木質吊橋後打造的又一試膽新景點。 China's newest tourist attraction ... a glass-bottomed walkway around a cliff face. Brave tourists looking to test their nerves have flocked to China to walk across this dazzling glass bridge suspended from a cliff face. The oriental Sky Walk is situated 4,700ft above sea level on the side of the Tianmen Mountain in Zhangjiajie, China. In order to keep the glass path clean, tourists are asked to put on shoe covers before walking. 玻璃棧道已於2011年10月1日起正式對遊客開放 (Opened to Public since October 1, 2011) Dazzling: A glass path suspended on a cliff face has been built on the side of the Tianmen Mountain in Zhangjiajie, Hunan, China (天門山玻璃棧道建在山 頂西線雲夢仙頂至倚虹 關之間)所有上橋的遊客 均被要求穿上鞋套,以 保持玻璃橋面潔凈。 玻璃棧道是張家界天門山景區繼懸于峭壁之上的鬼谷棧道、 The 200ft long bridge joins the west cliff at the Yunmeng Fairy Summit, the summit of Tianmen Mountain and Zhangjiajie. The pathway, built earlier in the summer echoes the glass-bottomed walkway at the Grand Canyon in the U.S. The 70ft bridge is 4,000ft above the natural wonder and allows tourists to look through 2.5in of crystalclear glass to the Canyon floor......

Words: 667 - Pages: 3

Premium Essay

Glass

...block these days is glass, and every other building that you come across can be seen flaunting it proudly. The skylines of Indian metros are dotted with high-rise buildings clad in glimmering glass, spelling out affluence and style. People today are willing to splurge on glass just to get that ‘hi-tech’ and sophisticated look, but there’s much more to glass than just that. Glass glazing is one of the most preferred options of architects and developers these days, and with good reason. Glass reduces the weight on foundation and makes for a lighter building. Use of glass creates a sense of space. Not only does it bring external environment, the skies and greenery outside into the spaces within the building, it opens up spaces inside. Glazing can also have a tremendous impact on the energy performance of buildings besides enhancing visual and acoustic effects. Opting for the right kind of glass and glazing can significantly lower building energy con¬sumption. Diff¬erent types of glass available today carry an extra feature of safety and durability. In India, glass glazing has become an industry in itself with a host of companies providing a plethora of choices for everything – from the type of glass to the type of glazing. Ranging from multinational giants such as Saint Gobain or South Korean DM Wall System to Indian companies such as Sejal Arch-itectural Glass from Mumbai, Glass and Glazing Systems from Ke¬rala, Sai Alutek from Ban¬galore, Glass and Glazing......

Words: 700 - Pages: 3