Subject category:
Strategy and General Management
Published by:
IBS Research Center
Length: 12 pages
Data source: Published sources
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https://casecent.re/p/66726
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Abstract
EDS (Electronic Data Systems Corporation), the second largest global technology services company in the world has been in a financial mess since 2001. After three years of putting out fires, Michael Jordan, Chief Executive Officer of EDS, who had been brought in two years ago to turn EDS around, has finally unveiled a plan to revive growth. He has cut costs and streamlined processes, but the changes have not been visible in the firm?s balance sheet. In 2005, Jordan has come up with a novel idea of selling EDS as the leader of a federation dubbed the Agility Alliance. The 10 key partners in the group push each others'' products. Jordan hopes his new initiatives will succeed in reviving growth otherwise EDS may enter a ?downward spiral?. Can Jordan turn around EDS by 2006?
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Abstract
EDS (Electronic Data Systems Corporation), the second largest global technology services company in the world has been in a financial mess since 2001. After three years of putting out fires, Michael Jordan, Chief Executive Officer of EDS, who had been brought in two years ago to turn EDS around, has finally unveiled a plan to revive growth. He has cut costs and streamlined processes, but the changes have not been visible in the firm?s balance sheet. In 2005, Jordan has come up with a novel idea of selling EDS as the leader of a federation dubbed the Agility Alliance. The 10 key partners in the group push each others'' products. Jordan hopes his new initiatives will succeed in reviving growth otherwise EDS may enter a ?downward spiral?. Can Jordan turn around EDS by 2006?