Review the Setting Largo Corporation is a major multinational conglomerate corporation which specializes in a wide array of products and services. These products and services include healthcare, finance, retail, government services, and many more.
Steps to Completion Your instructor will form the teams. Each member is expected to contribute to the team agreement which documents the members’ contact information and sets goals and expectations for the team. 1) Review the Setting Largo Corporation is a major multinational conglomerate corporation which specializes in a wide array of products and services. These products and services include healthcare, finance, retail, government services, and many more. The annual revenue is about $750 million and it has about 1,000 employees. The parent company is located in Largo, Maryland and its subsidiaries are headquartered throughout the United States. The mission of the corporation is to bring the best products and services to people and businesses throughout the world so they can then realize their full potential. The corporate vision guides every aspect of their business to achieve sustainable, quality growth: • Productivity: Be a highly effective, lean and fast-moving organization. • People: Be a great place to work where people are inspired to achieve their maximum potential. • Partners: Nurture a winning network of customers and suppliers, together we create mutual, enduring value. • Responsible: Be a responsible citizen that makes a difference through ethical behavior. • Revenue: Maximize long-term return while being mindful of our overall responsibilities. The company’s culture is reflected in their corporate values: • Leadership: Courage to shape a better future. • Collaboration: Leverage collective intelligence. • Accountability: Own up to your responsibility. • Passion: Committed to excellence. • Diversity: Provide new perspectives into our business. • Quality: We will want quality as part of our brand. The corporation consists of the parent company and the following subsidiaries: • Healthcare – Suburban Independent Clinic, Inc. (medical services) • Finance – Largo Capital (financial services) • Retail – Rustic Americana (arts and crafts), Super-Mart (office products) • Government Services – Government Security Consultants (information security) • Automotive – New Breed (electric cars) • Systems Integration – Solutions Delivery, Inc. (communications) • Media Design – Largo Media (website and app design) The organization is headed by CEO Tara Johnson who completed her Master’s degree at UMUC and eager to make worthwhile improvements to the corporation. She rose through the ranks of Largo Corporation starting with systems integration, then retail and her last position before becoming CEO was in finance. The corporation is in a highly competitive environment so the CEO wants savvy employees at many levels to make wise judgments and take an aggressive approach and deliver results towards improving the bottom line yet maintaining corporate social responsibility.
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