Volvo's Modern Management
Table of Contents
- Introduction
- Mission and vision statement
- Policies for corporate responsibility and ethical behaviour and their outcomes
- Organisation for global operations
- Conclusion
- Bibliography
Summary Volvo Group is a manufacturer that develops trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. It also provides solutions for financing and services. This international company is not only present in Western Europe but in several other regions around the world, such as in North America, Asia, East Europe and the Middle East, which confers it a strong global position and world class products. Volvo has a decentralized organisation, and sizeable in-house units that supply components, services and support to the business areas (Volvo Group 2004).
The company was founded in 1927, has today about 81,000 employees and production in 25 countries, and operates on more than 185 markets. Volvo's net sales 2004 amounted to € 22 billion.
Volvo Group, as indicated by its name, consists of various business areas which are Volvo Trucks, Mack, Renault Trucks, Volvo Buses, Volvo Construction Equipment, Volvo Penta, Volvo Aero and Volvo Financial Services. Its largest business units are Volvo Powertrain, Volvo 3P, Volvo IT, Volvo Logistics, Volvo Parts and Volvo Technology.
First, we are going to study their mission and vision statement using various theories to try and tell whether they are "well-written" or not. Then we shall analyse Volvo's policies for corporate responsibility and ethical behaviour and their outcomes. And we will eventually talk about the company's organisation for global operations.
The company was founded in 1927, has today about 81,000 employees and production in 25 countries, and operates on more than 185 markets. Volvo's net sales 2004 amounted to € 22 billion.
Volvo Group, as indicated by its name, consists of various business areas which are Volvo Trucks, Mack, Renault Trucks, Volvo Buses, Volvo Construction Equipment, Volvo Penta, Volvo Aero and Volvo Financial Services. Its largest business units are Volvo Powertrain, Volvo 3P, Volvo IT, Volvo Logistics, Volvo Parts and Volvo Technology.
First, we are going to study their mission and vision statement using various theories to try and tell whether they are "well-written" or not. Then we shall analyse Volvo's policies for corporate responsibility and ethical behaviour and their outcomes. And we will eventually talk about the company's organisation for global operations.
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