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The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 2 of 4

Strategy Driven

Business shift from the retail dealer customer service mentality of Firestone shifted to a high-production tire operation. K-Mart closed 617 of its under-performing department stores and filed for Chapter 11 bankruptcy reorganization in 2002. In the 1990s, another international conglomerate purchased Bridgestone-Firestone.

Crisis 58
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The Big Picture of Business – What Business Must Learn: Putting.

Strategy Driven

Tactics deemed as ’standard operating procedure’ for some companies were exposed and ridiculed by others. Sweeping reforms by Wall Street and the Securities & Exchange Commission (SEC) are needed, forcing firms to separate their investment banking business from their stock advisory business. Operational Statistics.

Ethics 59
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The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

The Enron scandals of 2001 and 2002 focused only upon cooked books audit committees and deal making. In my opinion, deregulation, as a whole, has worked negatively upon business and society (banking, airlines, trucking, and broadcasting), and the SEC is no exception. Morale wavers and becomes uneven, per operating unit and division.