Rockwell Automation Perspective Goals Measures Financial Perspective 1. Short term results 2. Reduce uncertainty caused by performance variations 1. Return on capital employed cash flow 2. Forecast reliability Customer Perspective 1. Holding onto budget shoppers while keeping high rollers happy 1. Price index to ensure prices are competitive Future Perspective 1. Keep employees motivated 2. […]
Category Archive for 'business'
Financial Perspective = shareholder value Customer perspective = market share and customer satisfaction development of internal surveys to supplement external survey companies Internal business perspective = core competencies hiring on traits compatible with core Future perspective = employee attitudes systemwide survey 2 years, randomly more often
The desire to be open on Thanksgiving is an artifact of the “race to zero” nature of retail. As is common in a mature industry, major retailers are focused on being the low cost provider (De Kluyver & Pearce, 2012). Major retailers have tried to push the success of Black Friday to earlier and earlier times in the hope of catching early holiday dollars. Naturally, this has spilled over into Thanksgiving as retailers push this envelope.
Posted in business on Oct 6th, 2015
In Thread 1, Roxanne and I explored the possibility of the University of North Texas acquiring American Apparel. Obviously, this idea is a bit fanciful, and might be extremely problematic considering the for-profit nature of American Apparel. That being said, it is a fun mental exercise, and who wants to see UNT financially successful more than her MBA candidates?
Acquisition, or simply one firm buying another, is one strategy that companies can implement to improve diversification. The alliance comes with many complications and compromises with the buyer dominating decision-making. Acquisitions can be intense as things move very quickly once the decision to align has taken place. Due diligence is generally not done thoroughly and the financial aspects are generally the only considerations. This can produce an unsuccessful outcome. Six themes can help improve the success of acquisitions: being a part of the corporate strategy, having patience, evaluating the industry fully, developing how synergies will be achieved before the acquisition, remaining objective, and developing implementation strategy before the acquisition.