Red Hat's Financial Statements Reveals

Red Hat's financial statements reveals a decreasing value for most financial highlights in 2009 comparative to 2008. The value of their current assets decreased from $1,192,356 in 2008 to $890,832 in 2009; the total assets decreased from $2,079,982 to $1,753,636. Despite these decreases in the balance sheet, the income statements reveal increases in its entries. The company's gross profit for instance increased from $335,888 in 2007 to $442,363 in 2008 and to $546,446 in 2009. The revenues from training selling, consulting and engineering services also registered an impressive increase of 52.1%, from $73.205 in 2008 to $111,362 in 2009 (Red Hat 2009 Annual Report).

First of all, the realization of the decreasing values in the balance sheet against the increasing financial highlights in the income statements reveals the increased operational efficiency in the meaning that, in 2009, Red Hat used fewer resources to generate more income. This basically translates into the high levels of success registered by the implementation of their open source strategy, but also by the addition of the subscription and the revenues generated by training, consultancy and engineering services.

A recent feature in the business model implemented by Red Hat is that of offering subscriptions, which allow customers access to newer technologies, security updates, improved features, additional support or repairs of older problems (Red Hat Website, 2009). In terms of the company's interests, subscriptions offer a new means of further satisfying customer needs, and as such generating additional incomes, improving communications, but also motivating and stimulating continuous development. 2.

Vision Statements (1) Wells Fargo Strengths: it is short and precise and as such does not bore the reader, but succeeds in sending the desired message; it refers to financial services and by this rapidly states the company's operations and services Shortcomings: does not mention any commitment to other categories of stakeholders aside the customers (2) Hilton Hotels Corporation Strengths: it clearly presents the core principles at the basis of the Hilton business model; it reveals that it cares for the well-being of other categories of stakeholders -- the organizational staff members, the customers and the shareholders Shortcomings: it is fairly detailed and, by the time that he gets through with the seven principles of the business philosophy at Hilton, the reader could lose interest (3) the Dental Products Division of 3M Corporation Strengths: it is short and direct and as such succeeds in rapidly sending the message that the company wants to become the undisputable leader of the dental industry Shortcomings: it lacks an adequate introduction and also reveals poor structuring; it does not mention the company's commitment to any category of stakeholders (4) H.J.

Heinz Company Strengths: it is short and concise; it is constructed in a formal means which also uses specialized language to promote the.