SlideShare a Scribd company logo
1 of 15
XEROX
 In 1938, Xerographic machine was invented by chester
    carlson
   In 1944, Carlson refined his process named as
    ‘’électrophotography’’
   Haloid later obtained all rights to chester’s invention
    and put the trademark ‘XEROX’ IN 1948
   Haloid changed its name to Haloid Xerox Inc in
    1958, and to The Xerox Corporation in 1961
   Xerox was listed on the New York Stock Exchange in
    1961 and on the Chicago Stock Exchange in 1990
 The strong demand for Xerox's products led the
  company from strength to strength and revenues
  soared from $37 million in 1960 to $268 million in
  1965.
 In 1969, it set up a corporate R&D facility, the Palo Alto
  Research Center (PARC), to develop technology in-
  house
 As Xerox grew rapidly, a variety of controls and
  procedures were instituted and the number of
  management layers was increased during the 1970s
 The 'Leadership through Quality' program introduced
  by Kearns revitalized the company.
 The program encouraged Xerox to find ways to reduce
  their manufacturing costs.
 Xerox defined benchmarking as 'the process of
  measuring its products, Services, and practices against
  its toughest competitors, identifying the gaps and
  establishing goals.
 Planning


 Analysis


 Integration


 Action


 Maturity
 Adopted Functional benchmarking with the study of
  the warehousing and inventory management system of
  L.L. Bean (Bean)
 Bean had developed a computer program that made
  order filling very efficient
 It allowed stock pickers to travel the shortest possible
  distance in collecting goods at the warehouse
 The increased speed and accuracy of order filling
  achieved by Bean attracted Xerox
 American Express -for billing and collection
 Cummins Engines and Ford -for factory floor layout
 Florida Power and Light -for quality improvement
 Honda -for supplier development
 Toyota -for quality management
 Hewlett-Packard -for research and product
  development
 Saturn -a division of General Motors
 Fuji Xerox -for manufacturing operations
 DuPont -for manufacturing safety
 Japanese copier companies put together had only 1,000
  suppliers, while Xerox alone had 5,000

 Xerox reduced the number of vendors for the copier
  business from 5,000 to just 400.

 Xerox also created a vendor certification process .


 Vendors were consulted for ideas on better designs and
  improved customer service also
 Traditionally, technical representatives decided the
  level of spare parts inventory to be carried; little
  information was available on the actual usage pattern
  of the spare parts
 The stocking policy followed by Xerox branch
  managers was to hold fully finished, fully configured
  products near to the customer
 Company changed the above setup
 Working capital cycle time was cut by 70% leading to
  savings of about $200 million.
 Xerox introduced a Customer Satisfaction
 Measurement System

 The company sent out over 55,000 questionnaires
 monthly to its customers.

 It then benchmarked against those competitors that
 had scored high marks on specific measures of
 customer satisfaction
 Xerox formed a transition team consisting of 24 senior
  managers and consultants from McKinsey & Co
 The transition team took action at two levels
   - Firstly, it conveyed the message clearly to the world
  that Xerox was pursuing more widespread use of TQM.

  -It identified and addressed the obstacles that were
 likely to slow down the spread of TQM.
 The transition team also replaced the existing complex
  matrix by three Strategic Business Units (SBUs)
  - Enterprise Service Business
  - Office Copiers
  - Home Copiers
 In 1991, Xerox developed Business Excellence
  Certification (BEC) to integrate benchmarking with
  the company's overall strategies
 By the mid-1990s, benchmarking was extended to over
  240 key areas of product, service and business
  performance at Xerox
 Highly satisfied customers for its copier/duplicator and
  printing systems increased by 38% and 39% respectively
 Customer complaints to the president's office declined by
  more than 60%
 Overall customer satisfaction was rated at more than 90%
  in 1991
 Xerox went on to become the only company worldwide to
  win all the three prestigious quality awards
   - Deming Award (Japan) in 1980
   - Malcolm Baldridge National Quality Award in 1989
   - European Quality Award in 1992
 Xerox Corporation (NYSE: XRX) ranked as the
  worldwide market share leader in Managed Print
  Services (MPS) based on revenue.
 Xerox believes this data further validates its approach
  to provide services and solutions that deliver business
  value.
 North America alone , Xerox accounts for 56 percent of
  the MPS market.
Management | Principles of Management

More Related Content

Recently uploaded

FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
dollysharma2066
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
amitlee9823
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
lizamodels9
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
amitlee9823
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
lizamodels9
 

Recently uploaded (20)

Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 

Featured

How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
ThinkNow
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
Kurio // The Social Media Age(ncy)
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

Management | Principles of Management

  • 2.  In 1938, Xerographic machine was invented by chester carlson  In 1944, Carlson refined his process named as ‘’électrophotography’’  Haloid later obtained all rights to chester’s invention and put the trademark ‘XEROX’ IN 1948  Haloid changed its name to Haloid Xerox Inc in 1958, and to The Xerox Corporation in 1961  Xerox was listed on the New York Stock Exchange in 1961 and on the Chicago Stock Exchange in 1990
  • 3.  The strong demand for Xerox's products led the company from strength to strength and revenues soared from $37 million in 1960 to $268 million in 1965.  In 1969, it set up a corporate R&D facility, the Palo Alto Research Center (PARC), to develop technology in- house  As Xerox grew rapidly, a variety of controls and procedures were instituted and the number of management layers was increased during the 1970s
  • 4.  The 'Leadership through Quality' program introduced by Kearns revitalized the company.  The program encouraged Xerox to find ways to reduce their manufacturing costs.  Xerox defined benchmarking as 'the process of measuring its products, Services, and practices against its toughest competitors, identifying the gaps and establishing goals.
  • 5.  Planning  Analysis  Integration  Action  Maturity
  • 6.  Adopted Functional benchmarking with the study of the warehousing and inventory management system of L.L. Bean (Bean)  Bean had developed a computer program that made order filling very efficient  It allowed stock pickers to travel the shortest possible distance in collecting goods at the warehouse  The increased speed and accuracy of order filling achieved by Bean attracted Xerox
  • 7.  American Express -for billing and collection  Cummins Engines and Ford -for factory floor layout  Florida Power and Light -for quality improvement  Honda -for supplier development  Toyota -for quality management  Hewlett-Packard -for research and product development  Saturn -a division of General Motors  Fuji Xerox -for manufacturing operations  DuPont -for manufacturing safety
  • 8.  Japanese copier companies put together had only 1,000 suppliers, while Xerox alone had 5,000  Xerox reduced the number of vendors for the copier business from 5,000 to just 400.  Xerox also created a vendor certification process .  Vendors were consulted for ideas on better designs and improved customer service also
  • 9.  Traditionally, technical representatives decided the level of spare parts inventory to be carried; little information was available on the actual usage pattern of the spare parts  The stocking policy followed by Xerox branch managers was to hold fully finished, fully configured products near to the customer  Company changed the above setup  Working capital cycle time was cut by 70% leading to savings of about $200 million.
  • 10.  Xerox introduced a Customer Satisfaction Measurement System  The company sent out over 55,000 questionnaires monthly to its customers.  It then benchmarked against those competitors that had scored high marks on specific measures of customer satisfaction
  • 11.  Xerox formed a transition team consisting of 24 senior managers and consultants from McKinsey & Co  The transition team took action at two levels - Firstly, it conveyed the message clearly to the world that Xerox was pursuing more widespread use of TQM. -It identified and addressed the obstacles that were likely to slow down the spread of TQM.
  • 12.  The transition team also replaced the existing complex matrix by three Strategic Business Units (SBUs) - Enterprise Service Business - Office Copiers - Home Copiers  In 1991, Xerox developed Business Excellence Certification (BEC) to integrate benchmarking with the company's overall strategies  By the mid-1990s, benchmarking was extended to over 240 key areas of product, service and business performance at Xerox
  • 13.  Highly satisfied customers for its copier/duplicator and printing systems increased by 38% and 39% respectively  Customer complaints to the president's office declined by more than 60%  Overall customer satisfaction was rated at more than 90% in 1991  Xerox went on to become the only company worldwide to win all the three prestigious quality awards - Deming Award (Japan) in 1980 - Malcolm Baldridge National Quality Award in 1989 - European Quality Award in 1992
  • 14.  Xerox Corporation (NYSE: XRX) ranked as the worldwide market share leader in Managed Print Services (MPS) based on revenue.  Xerox believes this data further validates its approach to provide services and solutions that deliver business value.  North America alone , Xerox accounts for 56 percent of the MPS market.