Introduction
Parker-Hannifin is a global corporation with numerous divisions that serve the hydraulics and pneumatics industries. The Parker-Hannifin business model is a multi-divisional model that allows each division to develop expertise in a specific product area. Each Parker-Hannifin division is responsible for their sales and marketing efforts but draws on the corporate office for administration support.
Parker-Hannifin is a global corporation with numerous divisions that serve the hydraulics and pneumatics industries.
Parker-Hannifin is a global corporation with numerous divisions that serve the hydraulics and pneumatics industries. The company’s products include heating, ventilating and air conditioning (HVAC) equipment; aircraft engines; energy management systems; motion control components used in industrial machinery; as well as power transmission products used in oil drilling operations.
The Parker-Hannifin business model is a multi-divisional model that allows each division to develop expertise in a specific product area.
You’ve probably heard of Parker-Hannifin. While they don’t have the same name recognition as some other companies in the market, their business model is ingenious and can be easily replicated by any organization. The key to Parker-Hannifin’s success is that it keeps its divisions separate from one another, allowing each division to develop expertise in a specific product area. This way, if you’re looking for a high quality pump or compressor, you’ll know exactly where to go: Parker-Hannifin Pumps Division!
In addition to this divisional structure, there’s also a corporate office that provides support for administration tasks such as accounting and human resources (HR).
Each Parker-Hannifin division is responsible for their sales and marketing efforts but draws on the corporate office for administration support.
The Parker-Hannifin divisional structure allows each business unit to focus on its strengths and core competencies. For example, Filtration Systems (FS) is responsible for the sales and marketing of all filtration products, including oil filters, air filters and fuel filters. The corporation provides administrative support for FS through the Corporate Office.
In contrast with FS’s centralized nature, the Industrial Controls (IC) division operates from a decentralized perspective where each of its three business units—Electromechanical Control Products (ECP), Process Control Systems (PCS) and Motion Control Products & Solutions (MCP&S)—has its own leadership team that focuses on sales and marketing efforts as well as product development within their respective industries: oil & gas/chemical; power generation/mining/industrial manufacturing; consumer goods manufacturing.
Parker-Hannifin is a diversified company with many different products and industries.
Parker-Hannifin is a global corporation with numerous divisions that serve the hydraulics and pneumatics industries. It also has other businesses, such as medical devices, fluid controls and services to aerospace companies.
Parker-Hannifin has had many different products over time, including hydraulic hose fittings and hydraulic valves.
The future looks bright for Parker-Hannifin, who continue to acquire subsidiaries and expand into new markets.
Parker-Hannifin is a global corporation with numerous divisions that serve the hydraulics and pneumatics industries. The Parker-Hannifin business model is a multi-divisional model that allows each division to develop expertise in a specific product area. This gives them the flexibility to diversify their offerings, which makes them more resilient in the face of economic downturns.
Parker-Hannifin has been around for over 100 years, and its future looks bright as they continue to acquire subsidiaries and expand into new markets.
Parker-Hannifin offers many different products and services, especially related to hydraulics and pneumatics, through its many divisions.
Parker-Hannifin is a global corporation with many divisions that serve the hydraulics and pneumatics industries. The Parker-Hannifin business model is a multi-divisional model that allows each division to develop expertise in a specific product area, while also providing other products and services through other divisions. For example, one division may specialize in brake systems for heavy trucks, while another specializes in pumps and motors used in commercial buildings. By offering such diverse products and services, Parker-Hannifin has become the world leader for these industries.
Conclusion
At the end of the day, it’s important to understand that Parker-Hannifin is a multi-divisional corporation. Each division has its own sales team and product lines that can be tailored to specific industries. The company continues to grow by acquiring subsidiaries and expanding into new markets.
