BUISNESS MANAGEMENT NICOLE BEUKENKAMP Introduction Today I would

BUISNESS MANAGEMENT NICOLE BEUKENKAMP

Introduction • Today I would like to introduce you to a company that is international known for there highly reputably power equipment.

STIHL’S History • 1926 - The “FATHER OF THE CHAIN SAW” Andreas Stihl created his first chainsaw in his small workshop in Stuttgart, Germany. • 1929 - LIGHTER, BETTER, HANDIER The first two-man gasoline chainsaw, eases forestry work considerably. • 1937 - STIHL came over to the United States and Canada. • 1944 -1945 - STIHL goes though a hard time with WWII and his factory being destroyed. People stopped buying new product so STIHL was hit on hard times. • 1959 - A SAW TRAVELS AROUND THE WORLD The “Contra, ” a gearless gasoline-powered chainsaw, revolutionizes forestry work. It is lighter and more efficient than all other products on the market. • After the Contra lunched Mr. Stihl started to work less and less till finally he passed his company to his four children and they continued to grow and expand the company. • 2014 - ANOTHER WORLD FIRST FROM STIHL The STIHL TSA 230 is the world’s first batterypowered cut-off mach. • STIHL is continuing to grow and expand all around the world.

STIHL’S USA HISTORY • STIHL’S main head corroders is located in Virginia Breach, VA. • STIHL Inc. employs over 2, 100 people nationwide, with more than 1, 900 in Virginia Beach, Va. , with a variety of positions from manufacturing, product assembly, manufacturing engineering, sales and marketing, and finance. • STIHL Inc. manufactures over 260 model variations of handheld outdoor power equipment for sale in the U. S. and around the world.

MISSION STATEMENT • To be our customers' most valued and trusted business partner by offering exceptional service and support. . . building on the STIHL tradition of excellence.

SWOT Analysis Strengths • • STIHL is mostly American made products. Quality of there equipment is first rate. The products are sold in 90 countries. Dedicated employees to providing excellent customer service.

SWOT Analysis Weaknesses • Being in competition with other power equipment companies. • There are liabilities associated with power equipment. • Difficulties with finding suppliers for the supply's.

SWOT Analysis Opportunities • Fluctuating Markets • New products and services • New trading possibilities for overseas. • Always looking for the new trends that could help there equipment.

SWOT Analysis Threats • Automation is challenging because of the work that has to go into building the equipment. • Constant innovation.

STIHL’S MANANGMENT CHART President CEO: Bjoern Fischer Vice President of Finance and Information Services: Mark Scavillo Chairman of the Advisory Board: Nikolas Stihl Executive Vice President: Peter Mueller

Leadership Concepts • By stay true to there principals and values set by their previse president. STIHL stays focused on providing the services they can to there customers.

Ethical Responsibilities • The STIHL corporation which is spread across many international borders proudly adheres to each country's laws, traditions, and cultures. recognizing its international footprint and making adjustments where necessary to comply to the end result of being a very successful corporation.

Decision Making Process • The steps that STIHL takes in order to make decision’s for the company: 1. The look over all the variables and see what they can fix or changes to be made for profitability. 2. They look at all the step they will have to take to implement the changes. 3. Then they determine what departments will be most cost affective then group them in categories. 4. Then they train personal to implement the changes.

Motivating Employee's • STIHL encourage their employee’s with : v Having good benefits. v Providing further education both with collage degrees and classes to help them advance in the company. v allowing employee’s to have flex time. v Being able to advance in the company.

How does STIHL Manage there Employee's? • Stihl’s continual growth internationally is due to there management style realizing the importance of there employee’s well being.

Conclusion • The overview I presented you indicated how STIHL has overcome many struggles from its beginning leading up to the present day where it is a very successful international company.

Reference Guide • https: //www. stihlusa. com/information/corporate/about-us/ • https: //www. swotanalysis 24. com/swot-s/103253 -swot-analysisstihl. html • https: //www. bloomberg. com/research/stocks/private/relationshi p. asp? person. Id=216070865&privcap. Id=12786616&previous. Cap. Id=42 12263&previous. Title=STIHL%20 Incorporated