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Spartus Corporation/Hanson Industries Work Values
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Daily Duties at Spartus Corporation/Hanson Industries:
Promoted to this top-ranking executive role in this $50 million manufacturer of clocks, electronics and lighting with 1000+ employees working in 4 facilities in the US, Hong Kong and China. Challenged with returning the company to profitability by planning and executing an enterprise-wide turnaround and culture change initiative, including upgrading key management personnel. • Reversed a $4 million loss to a $1 million profit in less than two years, and positioned the company as #1 in the market (37% market share in digital clocks; 27% market share in wall clocks). Delivered strong turnaround results and negotiated sale to a major competitor for 10 times EBIT. • Refocused on increasing volume within the top 30 big box/ mass merchant accounts. Increased sales on the top 30 mass merchant accounts by 35%, and net margins by 5.4%. Recaptured and restored past relationships with K-Mart, Home Depot, Dollar General, JC Penny, and QVC. • Negotiated and secured licenses with Crayola, NFL, MLB and NBA to drive gains in incremental sales with gross margins in excess of 60%. • Transitioned 35% of product manufacturing to domestic operations while expanding offshore manufacturing in China to achieve higher margin direct import sales.
What they like about Spartus Corporation/Hanson Industries:
You give high priority to hiring firms with prestige. Market reputation and prestige of a firm may be determined through on-line research, and conversations with individuals working in your target industry. Note that firms "in the public eye" receive a great deal more critical publicity and attention than those operating with more anonymity. So as you assess your employment opportunities, be sure to seek out the positive aspects of the firm's reputation in addition to noting negative publicity the company may have received.
Tags
P, Vision, Strategy, New Business, Global Manufacturing, Organizational Restructure, Team Building, Strategic, Product Development, Corporate Development – M
Skills
Information about Spartus Corporation/Hanson Industries
Company Rank: Not Available
Average length of employment : 3 years
Average salary of employees: $200,000
These are some of the questions we asked our climbers about their experiences with Spartus Corporation/Hanson Industries:
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| Were your performance expectations clearly communicated? | 0.0 |
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| Did you feel like your personal contribution was important? | 0.0 |
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| Was your career path clearly outlined and discussed? | 0.0 |
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| I would recommend this as a place of employment. | 0.0 | |
| I believe in the purpose of this organization. | 0.0 | |
| I would work for this organization again. | 0.0 | |
| I feel employees are fairly compensated. | 0.0 |
