A Graphic Tour of Success and Failure in Corporate Renewal
| Autor: | William J. Hass, Vern Broders, Shepherd G. Pryor |
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| Rok vydání: | 2006 |
| Předmět: | |
| Zdroj: | The Journal of Private Equity. 9:30-44 |
| ISSN: | 2168-8508 1096-5572 |
| Popis: | The question of what makes a turnaround or corporate renewal effort successful is addressed in this article. Long-term comparisons of Ford and GM versus Toyota and Nissan, Apple versus Koss, FMC versus Danaher and ITW, Target and Wal-Mart versus Federated and J.C. Penney and others are examined with 19 years of performance graphics. Industry snapshots of select players in retail, autos, and manufacturing help make the key point: Executing significant change at the business unit and corporate level to maintain the proper balance between growth and profitability is one of the keys to survival and renewal regardless of industry. Maintaining this balance and creating wealth by outperforming the S&P500 Index over 10 or more years is very difficult. This article provides an insightful graphic review of relative corporate performance that should serve as a guide for corporate CEOs and directors in search of continuous renewal and value creation. |
| Databáze: | OpenAIRE |
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