Business Transformation of Operations & Business Control From Cost Center to a Business Driven Profit and Loss Unit
The objective for all businesses is to maximize long-term shareholder value by optimizing all activities and utilization of resources. To comply with this objective, all functions need to be business driven; develop and maintain internal activities and structures to align with market requirements. ST-Ericsson is a 50/50 joint venture; created by bringing together ST-NXP Wireless (ST-NXP) and Erics
