Tuesday, February 26, 2019
Pinnacle Machine Tool Company Case Study Essay
The lift Machine Tool Company slick is a case that studies the use of managerial decision making and incompatible decision-making styles. Don Anglos, CEO of Pinnacle Company, a machine tool club, had a decision to make on whether to go another alliance. The company Anglos wished to acquire was Hoilman Inc., a company known for their cutting-edge sensor technology and communication theory software. Anglos had heard a creditable rumor that a rival company was planning a take-over of Hoilman, and by chance, Anglos knew Hoilman well because of previous talks he had with them about a possible joint-venture that never worked out. Anglos believed that by acquiring Hoilman, Pinnacle could develop new software that would enable them to provide top-notch service to their customers.For the quatern years that Anglos has served as CEO for Pinnacle, he has used his gut reason while making many risky decisions and it has proven to pay forward handsomely. He was able to ontogeny profit re venue growth and increase market share, but through making those moves, he has chipped away at the companys strong profit margins. Anglos recognized that it was time for him to diversity his strategy in order to help the company further he wanted to transform the company into a high-tech service company in order to achieve growth and profit, and he believed that acquiring Hoilman would be a good place to start. However, some of Anglos colleagues did not feel the same way. CFO, Sam Lodge, insisted that the timing was not right to invest in Hoilman.
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