Consider the following information about the Dover Corporation. The Dover Corpor

Question

Consider the following information about the Dover Corporation. The Dover Corporation is:
...a multi-billion dollar, global producer of innovative equipment, specialty systems and value- added services for the industrial products, fluid management, engineered systems and electronic technology markets. ...a decentralized corporation that supports autonomous operating companies focused on meeting the demands of their customers and served markets. ...a corporation that believes PERFORMANCE COUNTS and encourages its companies to exceed world-class operating metrics. Dover management’s explanation for how the company creates more value for the firm’s businesses than those would be able to create when operating as stand-alone companies: “Dover companies benefit from exposure to a wide variety of internal governance ‘best practices’ whereby the continuous improvements of its companies are measured against our world-class metrics of the PERFORMANCECOUNTS program including: 10% or greater annual earnings growth 15% or greater operating margins 25% or greater after-tax return on investment Dover has a long history as a successful acquirer of companies. We buy "GOOD" companies and make them "GREAT" by funding their internal growth initiatives and exposing them to our superior governance (including measuring their success against our PERFORMANCECOUNTS metrics).” What corporate-level strategy (concentration, outsourcing, vertical integration, related diversification, or unrelated diversification) does Dover seem to be pursuing? Why do you believe this? Describe how this corporate strategy can dissipate, rather than create, value. Consider the following information about the Dover Corporation. The Dover Corporation is:
...a multi-billion dollar, global producer of innovative equipment, specialty systems and value- added services for the industrial products, fluid management, engineered systems and electronic technology markets. ...a decentralized corporation that supports autonomous operating companies focused on meeting the demands of their customers and served markets. ...a corporation that believes PERFORMANCE COUNTS and encourages its companies to exceed world-class operating metrics. Dover management’s explanation for how the company creates more value for the firm’s businesses than those would be able to create when operating as stand-alone companies: “Dover companies benefit from exposure to a wide variety of internal governance ‘best practices’ whereby the continuous improvements of its companies are measured against our world-class metrics of the PERFORMANCECOUNTS program including: 10% or greater annual earnings growth 15% or greater operating margins 25% or greater after-tax return on investment Dover has a long history as a successful acquirer of companies. We buy "GOOD" companies and make them "GREAT" by funding their internal growth initiatives and exposing them to our superior governance (including measuring their success against our PERFORMANCECOUNTS metrics).” What corporate-level strategy (concentration, outsourcing, vertical integration, related diversification, or unrelated diversification) does Dover seem to be pursuing? Why do you believe this? Describe how this corporate strategy can dissipate, rather than create, value. Consider the following information about the Dover Corporation. The Dover Corporation is:
...a multi-billion dollar, global producer of innovative equipment, specialty systems and value- added services for the industrial products, fluid management, engineered systems and electronic technology markets. ...a decentralized corporation that supports autonomous operating companies focused on meeting the demands of their customers and served markets. ...a corporation that believes PERFORMANCE COUNTS and encourages its companies to exceed world-class operating metrics. Dover management’s explanation for how the company creates more value for the firm’s businesses than those would be able to create when operating as stand-alone companies: “Dover companies benefit from exposure to a wide variety of internal governance ‘best practices’ whereby the continuous improvements of its companies are measured against our world-class metrics of the PERFORMANCECOUNTS program including: 10% or greater annual earnings growth 15% or greater operating margins 25% or greater after-tax return on investment Dover has a long history as a successful acquirer of companies. We buy "GOOD" companies and make them "GREAT" by funding their internal growth initiatives and exposing them to our superior governance (including measuring their success against our PERFORMANCECOUNTS metrics).” What corporate-level strategy (concentration, outsourcing, vertical integration, related diversification, or unrelated diversification) does Dover seem to be pursuing? Why do you believe this? Describe how this corporate strategy can dissipate, rather than create, value.

Explanation / Answer

Consider the following information about the Dover Corporation. The Dover Corporation is:
...a multi-billion dollar, global producer of innovative equipment, specialty systems and value- added services for the industrial products, fluid management, engineered systems and electronic technology markets. ...a decentralized corporation that supports autonomous operating companies focused on meeting the demands of their customers and served markets. ...a corporation that believes PERFORMANCE COUNTS and encourages its companies to exceed world-class operating metrics. Dover management’s explanation for how the company creates more value for the firm’s businesses than those would be able to create when operating as stand-alone companies: “Dover companies benefit from exposure to a wide variety of internal governance ‘best practices’ whereby the continuous improvements of its companies are measured against our world-class metrics of the PERFORMANCECOUNTS program including: 10% or greater annual earnings growth 15% or greater operating margins 25% or greater after-tax return on investment Dover has a long history as a successful acquirer of companies. We buy "GOOD" companies and make them "GREAT" by funding their internal growth initiatives and exposing them to our superior governance (including measuring their success against our PERFORMANCECOUNTS metrics).” What corporate-level strategy (concentration, outsourcing, vertical integration, related diversification, or unrelated diversification) does Dover seem to be pursuing? Why do you believe this? Describe how this corporate strategy can dissipate, rather than create, value. Consider the following information about the Dover Corporation. The Dover Corporation is:
...a multi-billion dollar, global producer of innovative equipment, specialty systems and value- added services for the industrial products, fluid management, engineered systems and electronic technology markets. ...a decentralized corporation that supports autonomous operating companies focused on meeting the demands of their customers and served markets. ...a corporation that believes PERFORMANCE COUNTS and encourages its companies to exceed world-class operating metrics. Dover management’s explanation for how the company creates more value for the firm’s businesses than those would be able to create when operating as stand-alone companies: “Dover companies benefit from exposure to a wide variety of internal governance ‘best practices’ whereby the continuous improvements of its companies are measured against our world-class metrics of the PERFORMANCECOUNTS program including: 10% or greater annual earnings growth 15% or greater operating margins 25% or greater after-tax return on investment Dover has a long history as a successful acquirer of companies. We buy "GOOD" companies and make them "GREAT" by funding their internal growth initiatives and exposing them to our superior governance (including measuring their success against our PERFORMANCECOUNTS metrics).” What corporate-level strategy (concentration, outsourcing, vertical integration, related diversification, or unrelated diversification) does Dover seem to be pursuing? Why do you believe this? Describe how this corporate strategy can dissipate, rather than create, value. Consider the following information about the Dover Corporation. The Dover Corporation is:
...a multi-billion dollar, global producer of innovative equipment, specialty systems and value- added services for the industrial products, fluid management, engineered systems and electronic technology markets. ...a decentralized corporation that supports autonomous operating companies focused on meeting the demands of their customers and served markets. ...a corporation that believes PERFORMANCE COUNTS and encourages its companies to exceed world-class operating metrics. Dover management’s explanation for how the company creates more value for the firm’s businesses than those would be able to create when operating as stand-alone companies: “Dover companies benefit from exposure to a wide variety of internal governance ‘best practices’ whereby the continuous improvements of its companies are measured against our world-class metrics of the PERFORMANCECOUNTS program including: 10% or greater annual earnings growth 15% or greater operating margins 25% or greater after-tax return on investment Dover has a long history as a successful acquirer of companies. We buy "GOOD" companies and make them "GREAT" by funding their internal growth initiatives and exposing them to our superior governance (including measuring their success against our PERFORMANCECOUNTS metrics).” What corporate-level strategy (concentration, outsourcing, vertical integration, related diversification, or unrelated diversification) does Dover seem to be pursuing? Why do you believe this? Describe how this corporate strategy can dissipate, rather than create, value.

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.