Grueber should report to the CFO about the issues affecting Steelcase. The reason for this report is to give management a new perspective of its own performance. The report could also serve to make them aware of the impact of their breakdown in communication to analysts or investors, which resulted in the company losing credibility. In other words, the communication breakdown that Steelcase experienced was a result of management’s failure to provide transparent, “insight into decision making at the company or strategic direction of the company”(Argenti, 2013).
Some resources Grueber should ask for are the outside consultants that performed a perception study of the investors’ opinions and internal management. This will allow Grueber to analyze
In looking at the suit filed by Anheuser, we can closer examine how Anheuser- Busch was damaged through the actions taken by Mr. Thayer. Anytime that an insider trading scandal takes place, there is always damages and repercussions. The most identifiable damage is that of money and capital. Anheuser-Busch paid nearly $40 million more for the acquisition of Campbell Taggart due to the active trading of Mr. Thayer, and the rest of the insiders. It is easily identifiable, that one damage to Anheuser-Busch was a $40 million dollar excess payment to acquire Campbell Taggart. By exploring and understanding capital markets, we find other monetary damages to Anheuser-Busch. These damages come from the cost of ongoing lawsuits with the SEC as well as with the defendants, Paul Thayer, and the other insiders. Another monetary damage from the effects of the insider trading is the allocation of management resources during the legal battles and
2. What do you think are the motives of Harnischfeger's management in making the changes in its financial reporting policies? Do you think investors will see through these changes?
Q.1 – Briefly describe the dilemma presented in this case study. Who are the key players and what are some of the antecedents that have led to the present problem? Ans. When the best manager, takes certain actions which go against the core values of the company, it becomes really difficult for the management to make a fair judgement. They are stuck in a dilemma of what would be a better judgement. As a leader, it is very important to be fair and impartial to your team members. And so is the dilemma presented in the case, Bob’s Meltdown, Nicholas G. Carr. The key players in this case are1. Annette Innella 2. Robert Dunn 3. Jay Nguyen Annette Innella is the Vice President, Knowledge Management at Concord Machines. She was recently hired by
Leslie Lieber is a mother of 3 and many people don't know this, but she is related to one of the most famous country singers in the world. Some call him the “King of Country”, some call him a superstar, but Leslie Lieber calls him her half brother. Lieber is my mother so that makes me George Strait’s half niece, and although I have never met him face-to-face he is still a big inspiration because I share his love for music. When Leslie Lieber was 18 years old she was told a secret that would change her life forever, she is related to George Strait who is 11 years older than her. Being the sibling of a famous person can be tough, this is something Leslie would soon find out.
1. Identify the key factors responsible for the success of Gordon Biersch to date. What concerns, if any, do you have as the company looks ahead?
2 , when do you first see signs of GM’s impending financial distress? 2. In referencing professional standards, what factors should auditors consider in evaluating potential going- concern uncertainties?
Excellent job in stating the mistakes made in IR at Steelcase before Grueber taking the helm, was not having a dedicated individual to handle this important function, in addition, to a lack of communication with external stakeholders. Nonetheless, Steelcase has a strong organizational culture of putting employees above profits, this was evident and commendable in having an open-door policy of communication, and the generosity shown to employees after the IPO of 10 shares gifted to each employee along with the opportunity to buy below market rates. However, communication deficiencies with the external stakeholders negatively affected business performance. Moreover, as you specified, communication is the vehicle to help investors create
Throughout the hearing, CEO Mary Barra states that the mistakes of the “old GM (pre-bankruptcy)” are not the fault of the “new GM (post-bankruptcy)”, she pledges to fix the situation, starting with the new position of Vice President
This report will be taking a look at internal and external factors the company positively and negatively. The report will include what they do well and not so well? What issues are affecting the company at present and in the future?
Open-ended questions such as these will generate energy in the class, though the instructor should take care to limit the amount of time spent in this phase of the class, since students will find it easy to offer observations about the firm’s apparent strategy and financial performance. By letting the students assess the problems of this company in a nondirective fashion, the instructor can gauge students’ abilities and build students’ “ownership” of the analysis. The next three questions are a directive approach to problem assessment and could supplement this question or be used in place of it.
1. Assess Interco's financial performance. Why is the company a target of a hostile takeover attempt?
From your analysis of research materials, examine the company and provide a report on the short and long range financial problems that are evident from the review. If you find no short or long range financial problems, provide the evidence to justify this conclusion.
The case subject revolves around MiniScribe, a manufacturer of disk storage products that is under the watch list for rumors directed to the firm’s problems with cash flow and inventory. The objective of the report is to come up with a BUY OR DON’T BUY recommendation for Alexander & Ferris using the available financial and qualitative information.
This case report will examine Dreyer’s strategy-the Grand Plan, will explore in depth the reasons why this plan has not achieved the initial expectations, and then will focus on the recommendations to solve the company’s crisis.
Unfortunately, the same issues that existed with the overall governance existed here. The company may have been acting as an exemplary corporate citizen, but with no overall strategy and minimal communication, there was no consistency or coordination, and the company was not getting the public relations benefits that they might have otherwise gained (Veleva, 2010).