Case Study: Platform Development Strategies at Whirlpool Corporation
VerifiedAdded on 2022/08/23
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Case Study
AI Summary
This case study examines the platform development strategies employed by Whirlpool, focusing on the challenges of adapting products to diverse international markets. The core problem revolves around standardizing product adaptation without sacrificing market share, considering the costs associated with product modifications and the efficiency advantages of standardization. The analysis explores objectives such as simplifying decision-making, maintaining financial stability, and promoting effective corporate governance. It considers assumptions about Whirlpool's management approach, emphasizing the importance of product simplification and the integral role of company principles in fostering employee commitment and consumer attraction. The theoretical framework integrates six-sigma, business process redesign, and reconfigurable manufacturing theories to address the adaptation challenge. Alternative courses of action include full localization of the company, implementing effective principles, and leveraging modern manufacturing methods. The conclusion highlights techniques to improve operational management, inspire reliable governance, and stabilize the organization's financial position by promoting decision-making in standardizing product production and increasing market share.
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