Emerson Electric Company

Emerson Electric Company is a major domestic electrical manufacturer of motors and fans. Founded in 1890, they are experienced in the industry, and pride themselves on receiving their thirty-sixth consecutive year of improved earnings per share. This strong investor turn is enhanced by growing earnings and dividend per share, in addition to a growing international sales rate.

Emerson manufactures electronic, electromechanical, and electronic products to a wide range of industries and consumers. Their competitors lie throughout the US such as General Electric and also internationally such as Siemens. With many large competitors, Emerson managed to differentiate themselves by having the narrowest focus while still maintaining the broadly diversified manufacturing company title. Currently Emerson's strategy is based on growth through acquisition, but lately there has not been a significant acquisition to prompt growth. In 1973, Emerson welcomed a new Chief Executive Officer Charles Knight. He identified that Emerson needed to achieve growth and strong financial results consistently in order to reflect constant improvements (Anthony, Govindarajan, pg 367)

Emerson manufactures electronic, electromechanical, and electronic products to a wide range of industries and consumers. Their competitors lie throughout the US such as General Electric and also internationally such as Siemens. With many large competitors, Emerson managed to differentiate themselves by having the narrowest focus while still maintaining the broadly diversified manufacturing company title. Currently Emerson's strategy is based on growth through acquisition, but lately there has not been a significant acquisition to prompt growth. In 1973, Emerson welcomed a new Chief Executive Officer Charles Knight. He identified that Emerson needed to achieve growth and strong financial results consistently in order to reflect constant improvements (Anthony, Govindarajan, pg