a) What did the management team do well in their announcement
The deal team seems to have had a very tight lid on this deal as the very first time any speculation came out in the media was on April 14th, 2015, to which Nokia responded immediately confirming the news about the talk, thereby quelling the rumor mill. In less than 24 hours from then, the deal was announced on April 15th, 2015, taking the industry and the market by surprise. It was a nicely played “Judo Strategy”, or we could say “Sumo”, considering the size of the transaction. The conference call presentation was well orchestrated and coordinated amongst the management team and segments transitioned seamlessly. It was clear that senior leaders were in agreement and strongly believed on the strategic goals of the acquisition and the enthusiasm/support was evident in their tone. The presentation had specific and detailed information about the deal. There was even a website NewConnectivity, live at this point with all the deal facts including, video messages from the leadership of both the companies. This clearly shows the preparedness and the focus on communication by the deal team. This is a great case that reinforces the thoughts by Mark N. Clemente and David S. Greenspan in Winning at Mergers and Acquisitions.
Strategic backdrop and the rationale for the acquisition were articulated in great detail with a clear logic, emphasizing unique synergies. Another key aspect of the communication was the identification
Today’s companies are challenged by frequent changes in market demands and consumers’ desires for new products and services. Companies which fail to adapt to these changing conditions often find themselves struggling to survive. This is the situation for the Texas Plant, as described in the case study by Pryor, Humphreys, and Taneja (2011). The Vice President, Human Resources Director, and Organizational Development Manager find themselves not only facing the struggles of transforming the Texas Plant, but also the difficulties of working together to achieve it. The following paper describes these difficulties and examines how the actions of the leaders impacted the change process. Recommendations to assist the plant’s leadership in moving forward will be offered.
Designed processes for identifying, evaluating and engaging companies displaying potential acquisition opportunities and/or capital needs. Executed strategy development; deal initiation and negotiation; utilizing due diligence and integration with senior executives and client company officers.
In order to achieve its goals clear guidelines were set that specified the degree and timing of acquisitions – focusing only on companies that exhibited stable earnings or earnings countercyclical to the gas transmission industry. Cooper focused on acquisition targets that possessed strong assets with high quality manufacturing and market-leading positions. Cooper continued to refine this acquisition model seeking companies with stable earnings using well-known technologies that served a broad customer base. Furthermore, Cooper focused on firms with high quality products and recognized brand names.
1. Discuss the market system and the need for ethics in business and distinguish it from the law and concepts of virtue and morality.
(1) Synergy creation: The businesses of both companies are famous and highly complementary to each other.
Overall, the proposed acquisitions yield the company a combined entity with much better performance in term of profitability such as:
Over the last several years our management team at The Fresh Connection has been working diligently to turn around a fledgling company and improving its position in the global market and with the stakeholders. When we inherited this task our company had an ROI of almost -13%, and there was an extensive list of outstanding issues. From less than optimal capacity utilization to product obsolescence, there were issues in every aspect of the supply chain that were combining to drive the overall ROI down. Our team focused on developing an aggressive front end strategy to combat the ROI, anticipating that change may not come as quickly as we would like. Ultimately, we believe we have gotten to a point now where we know what our root causes are, and have found a solution that has started to pay off.
Another reason that I feel this negotiation could be successfully completed was due to the fact that Microsoft and Nokia’s priorities aligned well at the time. Both companies saw the other’s products and capabilities as being complementary to what they already offered, which gave executives from both companies further incentive to
The second intention was the want for an array of commodities, in Sun’s possession, that posed value against other products in the industry. With the fear that a competitor in the industry would acquire these products, Oracle broke ground on the acquisition of Sun. The act of acquisition itself is not only progressive commercially, but is also a strategic proposition that allows for the growth and expansion of companies. For
Conducting any type of merger in any foreign market exposes the companies involved to a variety of differences in cultural and operational matters across different borders. Through forming strategic alliances, FM collaborated & conducted operations with companies that share the same core values without educate themselves on the different cultural norms these companies face with their specific customer segments. A number of important competences were gained from these alliances that FM previously lacked - strengthening the company as a leader in Marketing and Sales, Logistics, R&D and ultimately customer satisfaction. Although these synergies would have still been present through an acquisition, an alliance was more favorable as they didn’t force the entities involved to change culturally or operationally, but allowed them to voluntarily improve their operational competencies and strengthen their competitive advantage. From a strategic perspective, this worked out very well, since customer preferences weren’t affected by these joint ventures, and demand for entity specific products continued to grow.
Risk management: There are lots of risks associated with our kind of business and our merger helped us in managing the business risk better.
Diversified firms that communicate will have a greater ability to share information and technology; however, one must remember that with mergers and acquisitions each business needs to know all mechanisms of the other to be successful. A new structure might have to deploy between the organisations to enable full growth of any on-going operations. In
For the order-entry process, how would you identify internal failures and external failures? Who would be involved in documenting these failures and their associated costs? Which individuals or departments should be involved in making improvements to the order entry process?
Having brainstormed the title and the subject, in some essays you will need to decide what is going to be your position, main argument, view or perspective in the essay. This is particularly important in analytical essays (see page 2). It is all too easy to write an essay that gives a range of perspectives but still leaves the reader puzzled as to your conclusions or position. Your point of view is important – backed up with good evidence. If the essay is implicitly or explicitly seeking you to take up a position, what is it going to be? What will be your overall point of view in this essay? In the space below, write a ‘mini-essay’ in 50 words that neatly summarises your point of view for the essay.
Mergers and acquisitions represent the ultimate in change for a business. No other event is more difficult, difficult, or chaotic as a merger and acquisition. According to oxford, the term "merger" means "the combination of two commercial companies into one." the term "acquisition" refers to the acquisition of assets by a company from another company. In an acquisition, the both companies may continue to exist. The acquiring company will remain in business and the acquired business will be integrated into the acquiring company and therefore, the acquired company ceases to exist after the merger. Technology transfer to developing perspectives of multiple challenges any business. The prospects include access to new markets that were previously closed because of the cost, regulatory or indirect obstacles, the ability to beat resources such as capital, knowledge and work. Challenges come from foreign competitors entering domestic markets businesses, as well as domestic competitors reduce costs through global sourcing in offshore production moving or saving money expansion in scale in new markets. Globalization challenges the businesses to become more streamlined and efficient, while simultaneously extending the geographical scope of their activities [kraemer et al., 2002]. The transition to faster growth and elimination of the position of the third largest economy, the indian