MGCR 423 Lecture Notes - Lecture 26: Activist Shareholder, Executive Compensation, Franchising
23 Jan 2018
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Process (4 phases preparation, analysis, decision-making, implementation: 2 things that went well. Interaction/involvement: 2 things that could be improved. Percentages need to be tied to an absolute dollar amount. Final exam: 30: textbook, course pack and classroom materials, primarily on second half of the course, m/c, short answer and long answers, no cases covered in class, structure in your writing. Group project grades on mycourses dec. 8th. The strategic management process: analysis, strategy and performance. Organization (multi-national and for profit) corporation (corporate strategy) All should have strategic plans that are all aligned. Buy-in starts at the preparation phase: communication, cash is key for success, leadership, tie it into the mission/vision/values, structure matters. Organization structure: establishing goals (quick-wins) measuring and controlling them. Corporate strategy: diversification (berkshire-highly diversified-acquisition and allocation of capital, pixar merger with disney organization chart. Molson coors is an example of a merger.
