THE FINANCIAL PERSPECTIVE

Saatchi  Saatchi is a very creative organization, the company in the mid of 1990 the company faced bankruptcy, even though the company was growing through acquisitions in the past two decades. Before introducing the balanced scorecard Saatchi  Saatchi went through a complete strategy reformulation and structural changes when new personnels were appointed in the organization. With time the new CEO realized that the company needed a strategic management performance tool, hence the implementation...

New developments in management during last decade

Management is defined as the process of allocating resources and controlling activities within an organization so as to achieve the desired goals and objectives of the firm. It involves the activities of planning, organizing, directing, controlling, staffing and organizing all resources to achieve intended objectives. The success of any business depends on the management styles being employed. Good management enables an organization to accumulate wealth and to remain viable in a competitive market...

Three Potential Colleagues

Ladies and gentlemen, good morning (greet the audience with enthusiasm and a smile)  I will be presenting on the needs of Compu Fix business and how I can contribute Now (pause a bit) Compu fix provides computer and network repair service. In todays competitive environment it is just not enough to provide a good service... (Now in a louder tone) the aim is to provide customer satisfaction. Now what are the implications of customer satisfaction Huh Good quality service is now a precondition...

FIRESTONE AND FORD THE TIRES TREAD SEPARATION TRAGEDY

1. Facts and Assumptions The case study focuses on the rising number of accidents involving Ford SUVs fitted with Firestones tires. Judging by the high number of cases, culpability lay with either the tire manufacturer or the auto company. Both entities knew about the problem but rather than face up to it they opted to prevent the story leaking to the public. Their major concern was the high costs of initiating a total recall of suspect tires or faulty vehicles.  2. Major Overriding Issues...

What makes an excellent organization

Goldman Sachs Group is a bank holding company which offers investment and financial services among others. The group was named after its founder Samuel Sachs in 1869 who joined hands with his father-in law Marcus Goldman to form a private partnership which only had a minor reputation but with so much to achieve. Goldman Suchs is one of the best performing financial institution in United States. First, its success is attributed to the positive relations that the group was able to establish with...