ivan seidenberg biography
Ivan Seidenberg has been around a key management role by Verizon seeing that 2000 (Anonymous, 2011). Although in his leadership role, Ivan Seidenberg \leads Verizon in a global network and Verizon has built away their network into a countrywide industry (Anonymous, 2011). Ivan Seidenberg can be sixty-three years of age and contains a bachelor’s level in math and a master’s level in business administration (Anonymous, 2011). Prior to working with Verizon, Ivan Seidenberg was a chairman and chief executive officer of NYNEX and Bell Atlantic (“2010 Good fortune 500”, in. d. ). Ivan Seidenberg created Verizon by combining Bell, NYNEX, GTE, and MCI. This individual also developed Verizon Wi-fi by combining Bell Atlantic, GTE, and Vodafone Air Touch (Anonymous, 2011). Ivan Seidenberg was your Co Chief Executive Officer in 2k, then in 2002 he became the main Executive Official, and then Chief in 2005. In 3 years ago, Former President G. T. Bush designated Ivan Seidenberg to the National Security Telecommunications Committee (Anonymous, 2011). In June 2010, President Obama appointed Ivan Seidenberg to the President’s Foreign trade Council (Anonymous, 2011).
The export council suggests the Leader on how to showcase U. S i9000. exports, jobs and organization growth. Position of Range within the Firm DiversityInc. ranked Verizon Sales and marketing communications number one in diversity pertaining to 2009 (“Corporate responsibility”, and. d. ). Verizon was also recognized for their recruitment and retention which in turn ranked subsequent of the businesses that took part in in DiversityInc’s survey. In 2010 Verizon fallen to 11th in selection from Diversity NC’s study (“DiversityInc best 50 companies for diversity”, 2011). DiversityInc reviews some categories because of their ranking of companies. Individuals categories happen to be, CEO determination, Human Capital, corporate and organizational sales and marketing communications, and supplier diversity (“DiversityInc top 50 companies to get diversity”, 2011). DiversityInc began their list in 2001. The review of diverse companies can be subjective in support of applies to these companies that participate in their survey. Verizon has attemptedto distinguish themselves from other corporations by being a comprehensive company that supports their employees, and wants tolerance of differences. Verizon’s successful traditions and business structure is caused by the top down leadership design that Ivan Seidenberg has enforced at the organization. Beliefs Ivan Seidenberg has created a great organizational beliefs of, the things we do makes a difference (“Corporate responsibility”, n. d. ).
Ivan Seidenberg believes his organization should employ technical, economical, and intellectual resources to create a difference in communities (“Corporate responsibility”, n. d. ). The current organizational philosophy is always to expand their particular accessibility, and deploy more quickly and better broadband on-line in our areas. Ivan Seidenberg has created a philosophy at Verizon that technology and innovation is going to transform residential areas, and even persons (“Corporate responsibility”, n. m. ). Approaches The strategy that Verizon has used is very easy and fundamental. They believe that investing will create opportunity. Investment not only in capital product, high speed, and protected fiber, yet also purchasing the employees. Verizon has a various employee base, low turnover, and excellent benefits for their employees (“Corporate responsibility”, in. d. ). Ivan Seidenberg supports his active armed service employees of course, if they are used, Verizon will probably pay the difference of their salary (“Corporate responsibility”, in. d. ).
The strategy to spend money on your staff has paid off for Verizon as they have reported confident growth inside the 4th 1 / 4 of 2010. Verizon is working on growing their 4G network and also increasing their business market (“Corporate responsibility”, n. m. ). Ivan Seidenberg thinks that by developing every area of Verizon’s footprint, they are going to continue to dominate the market and use the momentum to show profits through 2011. Ivan Seidenberg is also careful about the eye of consumers to have greener products and less of a carbon feet print. Verizon has worked upon reducing their particular impact on environmental surroundings and they make use of greener goods (“Corporate responsibility”, n. g. ). Goals Ivan Seidenberg, as the best choice of Verizon, has ascertained the company provides a strong ethical code and governance. Verizon has a man rights policy and they encourage full transparency with all firms they partner with, and using their employees (“Corporate responsibility”, and. d. ).
Ivan Seidenberg’s desired goals for Verizon are to continue forward with their current energy and enhance their earnings coming from 4th 1 / 4 2010. Verizon has also set up a Verizon Foundation. This foundation assists provide scholarships, grants, and education towards the community. Ivan Seidenberg want to continue this program and ensure that Verizon continually work on the social issues that impact their very own communities (“Corporate responsibility”, and. d. ). Current Status Business week ranted Verizon number 4 for top doing companies, returning of expenditure, and revenue growth last year (“Corporate responsibility”, n. deb. ). Verizon is ongoing to surpass has a business as they lately increased their broadband footprint, won the negotiations to offer the IPhone4 for their customers, and they reported an optimistic growth in their cash flow pertaining to the fourth quarter of 2010 (“2010 Fortune 500”, n. d. ).
Verizon has continuing to push forwards with great gains even if many other companies are showing a loss in revenue, nominal gains or perhaps having to close their entry doors. Verizon can be an exception to the majority of large companies. Verizon concentrates on pleasing buyers to create consumer loyalty and to attract new customers to their goods. With this type of success the best of the corporation must be identified. Ivan Seidenberg has created a setting at Verizon that is inviting to all. This has allowed for better recruitment and retention of minorities. He has also reinforced family and military deployments simply by paying the big difference in salaries on deployed military workers. Ivan Seidenberg also features ethics and integrity in any way levels in his organization. Ivan Seidenberg’s expenditure in his people has created a positive return in business profit and while he is leading the company, Verizon will carry on and soar.
