Strategy Driven

OCTOBER 7, 2016

That’s my concern that financial-only focus without regard to other corporate dynamics bespeaks of hostile takeovers, ill-advised rollups and corporate raider activity in search of acquiring existing books of business. ” Companies must change their focus from products and processes to the values shared with customers.

Management 70

Management Hostile Takeover Management by Objectives Objective 70

Strategy Driven

DECEMBER 18, 2015

That’s my concern that financial-only focus without regard to other corporate dynamics bespeaks of hostile takeovers, ill-advised rollups and corporate raider activity in search of acquiring existing books of business. ’ Companies must change their focus from products and processes to the values shared with customers.

Hostile Takeover 50

Hostile Takeover Management by Objectives Objective Scientific Management 50

Harvard Business Review

OCTOBER 3, 2016

Last year, Jeff Smisek, the former CEO of United Airlines, received a separation payment of $4.875 million in cash along with additional equity awards and other benefits for a total of close to $37 million after being ousted from his company. This was quickly followed by the era of hostile takeovers in the 1980s.

Golden Parachute 9

Golden Parachute Hostile Takeover Airlines Execution 9

Harvard Business Review

DECEMBER 1, 2011

Clearly, some of these traders could get very rich even while others lose money, but these trades — unless they influence operators within companies — amount to little more than robbing Peter to pay Paul. A low stock price can make the firm vulnerable to a hostile takeover, for example.

Short-term 14

Short-term Hostile Takeover Long-term Management 14

Harvard Business Review

SEPTEMBER 12, 2014

A half-century ago, CEOs typically managed companies for the benefit of all their stakeholders – not just shareholders, but also their employees, communities, and the nation as a whole. American companies and American citizens achieved a virtuous cycle of higher profits accompanied by more and better jobs.

Hostile Takeover 8

Hostile Takeover Education CEO Class 8

Harvard Business Review

JANUARY 21, 2014

But as we have suggested elsewhere, activists are here to stay , and are increasingly prominent players on the equity landscape—sometimes even inside the company boardroom. More than 200 activist-investor initiatives hit companies in 2013, a seven-fold increase over a decade earlier.

Hostile Takeover 8

Hostile Takeover Chief Financial Officer Due Diligence Charan 8

Harvard Business Review

MAY 13, 2013

which is by global standards pretty close to the textbook, would-be reformers often cite the British example (on shareholder input into executive pay, for example, or the ease of hostile takeovers) as something to strive toward. Even in the U.S.,

Hostile Takeover 8

Hostile Takeover Banking Commitment Incentives 8