Posts Tagged ‘ corporate strategy ’

AmEx spins corporate travel into a joint venture

April 8, 2014
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AmEx spins corporate travel into a joint venture

Since 2011, AmEx revenue from travel commissions and fees has dropped by approximately 3%.  Recognizing a shift in business and consumer purchasing habits, the company is refocusing its efforts on consumer business.  For corporate travel business, it is creating a joint venture with an outside investor group under the leadership of Certares International Bank LLC. …

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Simplified strategy for the between-times

October 1, 2013
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Simplified strategy for the between-times

Donald Sull, professor of practice at the London Business School, presents a practical approach to designing effective strategy, based upon his research with Kathleen Eisenhardt of Stanford.   In their findings, they observed that companies often used simple rules of thumb to develop strategy to resolve an identified bottleneck to growth.  This clip outlines the three…

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Washington Post under Bezos’ tutelage

September 1, 2013
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Washington Post under Bezos’ tutelage

Jeffrey Bezos, founder and CEO of Amazon, agreed in August to purchase the Washington Post newspaper from the Graham family, which had owned the paper since 1933. In early September, Bezos met with the newsroom employees for two days to discuss the business and editorial plans he has for the company, once the deal closes…

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Andrew Carnegie and the vertical organization

August 1, 2013
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Andrew Carnegie and the vertical organization

Andrew Carnegie epitomized the self-made businessman.  Born in Scotland in 1835, he built a steel empire in the US and then donated much of his wealth to the expansion of the New York Public Library.  In this brief video clip, the editor looks at the period around 1869, when the Transcontinental Railroad was completed and…

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Chapter 11: Another Kodak moment?

January 26, 2012
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Chapter 11:  Another Kodak moment?

Kodak declared Chapter 11 bankruptcy on January 19, 2012.  It has until February 15, 2013 to present its reorganization plan.  Blaming its financial insolvency on the economic recession of 2008, the company needs to find a viable business model.  Begun in 1988, as the answer to photography for the masses, its early cameras included the…

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Reiser on Benefit Corporations

January 26, 2012
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Reiser on Benefit Corporations

Social enterprise owners believe that both social good and for-profit motivation can co-exist in the same organization.  Needing an appropriate legal structure to support this dual vision of sustainability, the proponents launched the movement to legalize benefit corporations.  Reiser, a Brooklyn Law School professor specialized in nonprofit organization law and a respected expert in the…

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OJ industry, the FDA and the power of government

January 26, 2012
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OJ industry, the FDA and the power of government

Carbendazim, a fungicide used to overcome blossom blight and the black spot mold commonly found on orange trees, must not exceed 10 parts per billion if used in food products, according to the US Food and Drug Administration legislation.  Over the past year, the FDA tested 59 samples of juice, juice concentrate and juice powder…

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Christensen on reinventing a business model

December 8, 2011
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Christensen on reinventing a business model

  A successful business model, according to Christensen, has three components:  a customer value proposition, a profit formula, and identified key resources and processes.  A model needs changing when:  the customer problem being addressed no longer makes the firm money; tough competitors enter the marketplace; the model no longer changes the industry or market.  Christensen…

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The S C P Framework

December 8, 2011
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The S C P Framework

  The structure-conduct-performance (SCP) framework model is used to explain the effect of industry structure on marketplace conduct and firm performance.  In this interactive video timeline, the McKinsey director emeritus, John Stuckey, demonstrates the McKinsey adaptation of the framework.  The concept of external shocks is introduced into the framework, as well as an explanation for…

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Bribery in the pharmaceutical industry

May 19, 2011
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Bribery in the pharmaceutical industry

Johnson & Johnson recently agreed to pay $21.4 million to the US Department of Justice and $7.9 million to the United Kingdom’s Serious Fraud Office for making improper payments and receiving illegal gains from its subsidiaries’ business practices in Greece, Poland and Iraq. Accused of violating anti-bribery laws, J & J was said to have…

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