Fresenius Medical Systems

Paper Summary:

This paper discusses the market position of Fresenius Medical Systems and relates that the SWOT analysis indicates that the company has a strong market position. The paper also examines the company's current and future mission statement and long-term goals. In addition, the paper identifies market saturation, product proliferation and differentiation in the U.S. market and aggressive growth in Asia as the key strategies that the company should adopt in order to meet their strategic objectives.

Table of Contents:
Introduction
SWOT Analysis
Mission Statement
Statement of Corporate Values and Beliefs
Vision for the Future
Long Term Objectives
Key Strategies
Goals Achievable in the Next 3-4 Years
Strategic Action Program
Future SWOT
Renewed Vision/Mission and Values
Conclusion

From the Paper:

"Market saturation for Fresenius will mean to increase their market share of the renal care clinic market in the US. This strategy can be done through acquisition or through greenfield startups. Focus should be on markets in which Fresenius is not already the number one competitor. There are many benefits to this strategy. The first is that it gives Fresenius the critical mass needed to enjoy maximum economies of scale. These economies will allow them to contain equipment production costs, as well as to increase the contribution margin of the firm."

Sample of Sources Used:

• Pardeshi, Kumar 2008 Global Dialysis Care and Products Market to top $69 Billion by 2010: Marketstrat. 24-7 Press Release. [Online] Available at: http://www.24-7pressrelease.com/pdf/2008/05/10/press_release_49356.pdf
• Fresenius vision statement and goals retrieved July 3, 2008 from http://www.fmc-ag.com/internet/fmc/fmcag/neu/fmcpub.nsf/Content/Our_Vision
• Market size and share information retrieved July 3, 2008 from http://www.fmc-ag.com/internet/fmc/fmcag/neu/fmcpub.nsf/Content/Key_Facts
• Fresenius Financial Statements and Ratios retrieved July 3, 2008 from http://www.reuters.com/finance/stocks/incomeStatement?symbol=FMS.N
• Fresenius corporate history retrieved July 3, 2008 from http://www.fmc-ag.com/internet/fmc/fmcag/neu/fmcpub.nsf/Content/Our_History

More papers on Fresenius Medical Systems:

• Essay # 111619 : "Fresenius' Corporate Governance"
• Analytical Essay # 145745 : "Fresenius Medical Care and Marketing"
• Case Study # 111541 : "Fresenius Medical Care"

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