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Farberware Corporation/Hanson Industries Work Values
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Daily Duties at Farberware Corporation/Hanson Industries:
Responsible for strategic leadership, operations/general management and P&L responsibility for the company, with a $10 million loss on $90 million in sales. • Halted bottom-line distress ($10 million annual loss on $90 million in sales), delivered $4 million PBT within four years. • Seized an opportunity to license the Farberware Brand for the first time in the company’s history generating in excess of $ 1 million in PBT. • Drove the strategic initiatives and innovations in new business development, products and processes including redesigning an obsolete product and championing next generation development activities. Boosted sales 300%, increased gross margin 38% and reduced costs 18%. o Executed a strategy to establish a new category of premium priced cookware (utilizing exclusive distribution) - which generated $8 million in sales and over $2 million in profit. o This premium line allowed us to take our “classic” line to mass merchants-penetrating “first-time” accounts throughout the US including Wal-Mart, K-Mart, Target and Sears. • Developed and launched an innovative, patented product (microwave coffee maker) generating $9 million in first year revenues with a $4.5 million margin.
What they like about Farberware Corporation/Hanson Industries:
Working for a company with an emphasis on social values and helping society is a clear and important priority for you - a critical factor in who you choose to work for. In contrast to other factors, you place an organization's reputation for fairness and concern for the community above most other aspects of the company. As you search for a new job opportunity, it is usually possible to find out if the company is involved in the community and/or if it is addressing problems and issues in society. Pay special attention to non-profit organizations and those specifically involved in social action. Moreover, speaking with current and former employees should enlighten you to perceptions of the fairness of the company's leaders and the treatment of employees.
Tags
P, Vision, Strategy, New Business, Global Manufacturing, Organizational Restructure, Team Building, Strategic, Product Development, Corporate Development M
Skills
Information about Farberware Corporation/Hanson Industries
Company Rank: Not Available
Average length of employment : 5 years
Average salary of employees: $200,000
These are some of the questions we asked our climbers about their experiences with Farberware Corporation/Hanson Industries:
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| Were your performance expectations clearly communicated? | 0.0 |
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| Were you recognized for meeting or exceeding expectations? | 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 |
