EADS Corporate Controlling: Fate or failure?
– the overview of the processes that lead to the closure of Corporate Controlling department and launch of POWER8 restructuring program

Abstract

This report is intended to show various aspects of EADS (European Aeronautic Defence and Space Company EADS N.V.) activities throughout the months of performance crisis and the measures that were developed to counter it.
Since the creation of EADS its performance was quite amazing - in a few years it became a serious threat to well established competitors of civil aviation and aerospace & defense industry. However, in the beginning of the year 2006 (and from internal perspective probably end of the year 2005) signs of relaxation could be noticed and inevitable delays in most important projects were about to be announced. When Airbus informed public about the delay of A380 EADS lost 1/3 of its value and Airbus CEO had to resign. Market was not happy with the development of A350 either......

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Title: Sir
Approximate Word Count: 1985
Approximate Pages: 8 (250 words per double-spaced page)

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