Premium Essay

Cumberland Metal Industries: Engineered Products Division, 1980

In:

Submitted By jeremy129559
Words 397
Pages 2
Cumberland Metal Industries: Engineered Products Division, 1980 • CMI was about to introduce a new product – curled metal cushion pads – an integral part of the process of driving piles • Curled metal cushion pads seemed to have more potential than any other product the company had every introduced • A successful introduction to the market could double the sales of the company as well as compensate for a decline of some existing product lines • The key factor was pricing of the new product which would have a significant impact on everything they do with it • Cushion pads prevented the shock of the hammer from damaging the hammer or pile. • Despite the importance of these pads to the pile-driving process, little attention had been paid to them by most of the industry. Hardwood blocks had been used and the performance of them was considered poor. Most of the industry had shifted to using asbestos pads, which performed adequately. • Cumberland Metal Industries (CMI) was one of the largest manufacturers of curled metal products in the country • Overtime, CMI evolved it’s philosophy from selling metal as a finished product to selling products that used it as a raw material • CMI purchased the wire from outside vendors and performed the flattening and curling operations in-house. The advantage gained in the manufacturing process was that any diameter pad could be produced. • CMI persuaded Colerick Foundation Company to try its pads on a project • Colerick first drove a number of pads using the conventional asbestos pads to determine their characteristics for the job • Then they used the new CMI pads for the remainder of the job • CMI and Colerick both were very pleased with how well the pads had performed. o They lasted the entire job – eliminating downtime required for changeover o They drove piles 33% faster than the asbestos pads o They eliminated energy loss in the

Similar Documents

Premium Essay

Mareketing

...MARKETING COURSE Articles Books & Chapters Cases Course Modules Online Courses Simulations 2012 MATERIALS Harvard Business Publishing serves the finest learning institutions worldwide with a comprehensive catalog of case studies, journal articles, books, and eLearning programs, including online courses and simulations. In addition to material from Harvard Business School and Harvard Business Review, we also offer course material from these renowned institutions and publications: ƒ Babson College ƒ Business Enterprise Trust ƒ Business Expert Press ƒ Business Horizons Magazine ƒ California Management Review ƒ Darden School of Business ƒ Design Management Institute ƒ HEC Montréal Centre for Case Studies ƒ Ivey School of Business ƒ International Institute for Management Development (IMD) ƒ IESE Business School ƒ INSEAD ƒ John F. Kennedy School of Government ƒ Kellogg School of Management ƒ Perseus Books ƒ Princeton University Press ƒ Rotman Magazine ƒ Stanford Graduate School of Business ƒ Sloan Management Review ƒ Social Enterprise Knowledge Network ƒ Thunderbird School of Global Management ƒ Tsinghua University ƒ University of Hong Kong Customer service is available 8 am to 6 pm ET, Monday through Friday. Phone: 1-800-545-7685 (1-617-783-7600 outside the U.S. and Canada) Tech support is available 8 am to 8 pm ET, Monday through Thursday, 8 am to 7 pm ET Friday. Phone: 1-800-810-8858 (1-617-783-7700 outside the U.S...

Words: 5522 - Pages: 23

Premium Essay

Successful Leaders

...The current issue and full text archive of this journal is available at www.emeraldinsight.com/0262-1711.htm JMD 30,1 Successful leadership practices during turbulent times Joseph P. Cangemi Western Kentucky University, Bowling Green, Kentucky, USA 30 Harold Lazarus Frank G. Zarb School of Business, Hofstra University, Hempstead, New York, USA Ted McQuade PSC Metals, Cleveland, Ohio, USA Jaime Fitzgerald Fitzgerald Analytics, Inc., New York, New York, USA James Conner Bridgestone/America’s Tire Operations, Austin, Texas, USA Richard Miller Western Kentucky University, Bowling Green, Kentucky, USA, and William Murphree Bison Investments, Bowling Green, Kentucky, USA Abstract Purpose – During difficult economic times the media often highlight examples of failing or failed business organizations. In some cases the demise of corporations is examined in considerable detail often resulting in the following take-home messages: these are the sins that have brought about your failure; and if things had been done differently you might still be a viable company. This paper aims to point out success stories from creative leaders who successfully navigated through challenging environments. Design/methodology/approach – The paper draws on existing cases from the literature highlighting leaders who led their organizations to positive ends during turbulent times. Findings – There are opportunities for company success despite difficult business environments....

Words: 7365 - Pages: 30

Premium Essay

Middle Market Investment Banking

...The media’s watching Vault! Here’s a sampling of our coverage. “For those hoping to climb the ladder of success, [Vault’s] insights are priceless.” – Money magazine “The best place on the Web to prepare for a job search.” – Fortune “[Vault guides] make for excellent starting points for job hunters and should be purchased by academic libraries for their career sections [and] university career centers.” – Library Journal “The granddaddy of worker sites.” – U.S. News & World Report “A killer app.” – The New York Times One of Forbes’ 33 “Favorite Sites.” – Forbes “To get the unvarnished scoop, check out Vault.” – SmartMoney Magazine “Vault has a wealth of information about major employers and job searching strategies as well as comments from workers about their experiences at specific companies.” – The Washington Post “A key reference for those who want to know what it takes to get hired by a law firm and what to expect once they get there.” – New York Law Journal “Vault [provides] the skinny on working conditions at all kinds of companies from current and former employees.” – USA Today Customized for: Mian Badr (mian.iftikhar@studbocconi.it) Customized for: Mian Badr (mian.iftikhar@studbocconi.it) VAULT CAREER GUIDE TO MIDDLE MARKET INVESTMENT BANKING JOE BEL BRUNO AND THE STAFF OF VAULT Customized for: Mian Badr (mian.iftikhar@studbocconi.it) Customized for: Mian Badr (mian.iftikhar@studbocconi.it) Copyright © 2009 by Vault.com, Inc. All rights reserved....

Words: 71250 - Pages: 285

Premium Essay

Integrated Marketing Communications

...Stacy Shirley Internal Designer: Chris Miller/cmiller design Cover Designer: Chris Miller/cmiller design Cover Image: Getty Images/The Image Bank Permission Aquistion Manager/Photo: Deanna Ettinger Permission Aquistion Manager/Text: Mardell Glinski Schultz © 2010, 2007 South-Western, Cengage Learning ALL RIGHTS RESERVED. No part of this work covered by the copyright hereon may be reproduced or used in any form or by any means—graphic, electronic, or mechanical, including photocopying, recording, taping, Web distribution, information storage and retrieval systems, or in any other manner—except as may be permitted by the license terms herein. For product information and technology assistance, contact us at Cengage Learning Customer & Sales Support, 1-800-354-9706 For permission to use material from this text or product, submit all requests online at www.cengage.com/permissions Further permissions questions can be emailed to permissionrequest@cengage.com Library of Congress Control Number: 2008939395 ISBN 13: 978-0-324-59360-0 ISBN 10: 0-324-59360-0 South-Western Cengage Learning 5191 Natorp Boulevard Mason, OH 45040...

Words: 219845 - Pages: 880

Free Essay

Story of Success

...Outliers THE S T O R Y OF S U C C E S S MALCOLM G LAD W E L L # 1 bestselling author of The Tipping Point and Blink $27.99 $ 3 0 . 9 9 in C a n a d a Why d o s o m e p e o p l e succeed far more than others? T h e r e is a story that is usually told a b o u t extremely successful p e o p l e , a story that focuses o n intelligence a n d ambition. In Outliers Malcolm Gladwell a r g u e s that the true story o f s u c c e s s is very different, a n d that if we want to u n d e r s t a n d h o w s o m e p e o p l e thrive, we s h o u l d s p e n d m o r e time l o o k i n g around them — at s u c h things as their family, their birthplace, or even their birth d a t e . T h e story o f s u c c e s s is m o r e c o m p l e x — a n d a lot m o r e interesting — than it initially a p p e a r s . Outliers e x p l a i n s w h a t the B e a t l e s a n d Bill G a t e s have in c o m m o n , the e x t r a o r d i n a r y s u c c e s s o f A s i a n s at m a t h , the h i d d e n a d v a n t a g e s o f star athletes, why all t o p N e w York lawyers have the s a m e r é s u m é , a n d the r e a s o n y o u ' v e never h e a r d o f the w o r l d ' s s m a r t e s t m a n — all in terms o f g e n ­ eration, family, c u l t u r e , a n d c l a s s . It matters w h a t year y o u were b o r n if y o u want to b e a S i l i c o n Valley billionaire, G l a d w e l l a r g u e s , a n d it matters w h e r e y o u w e r e b o r n if y o u want to b e a s u c ­ cessful p i l o t . T...

Words: 86962 - Pages: 348