MGMT 249 Lecture Notes - Lecture 4: Sharp Corporation, Thermostat, Optoelectronics
Document Summary
Job openings are publicized widely within the company and are usually filled by in-house candidates: newell shares learnings th(cid:396)ough p(cid:396)eside(cid:374)ts" meetings and trade shows where people from different divisions come to share their learnings. Many ways to succeed: look for companies with successful strategies built around types of resources that are similar to yours. You should only link shareholder value quantitatively to diversification performance if you compare the shareholder value with the shareholder value that might have been without diversification. The company must pay attention on nurturing the success of every unit. Companies must continue to change and reinforce competitive strategy: diversification inevitably adds costs and constraints to business units, corporate overhead cost is not as important or hidden of a cost. Interrelationships are some of the central concern of strategy: connection among business units required to exploit interrelations between businesses, value chain- the discrete range of activities that allow a business unit to compete.