Delighted to meet with a team of Gies Online students in Seattle doing their immersion here. Reminded me again of how special our online program is. Also got a chance to visit the original Starbucks store, which ties in with the Starbucks case we discuss in class.
CSR meet stakeholder. European Central Bank to adjust its corporate bond portfolio to favor companies that actively manage climate risk.
https://t.co/vnHvZaIYQo
Shareholders are only supposed to care about financial returns, but some shareholders are advocating for corporate decisions that are good for all stakeholders in the long term.
https://t.co/k4dCPial63
Mercedes-Benz USA announces its new CSR strategy focused on youth and children. How is this strategy aligned with the company’s stakeholders?
https://t.co/5ebi8AT9DI
E-scooters result in significant problems within cities (e.g., Rome) … Is it right to “break things and move fast”? What is the alternative for startups?
https://t.co/0TO3KlUcKP
Two opinions about shareholder primacy and the role of GE and Jack Welch in the shareholder-centric worldview of corporations. Interesting debate:
https://t.co/k5Djf5g3dN
https://t.co/CJ9kT9o6Bp
Localization and Global low-cost strategies in action. China’s Alibaba Group plans to expand its Lazada business into Europe (using local vendors), adding to its AliExpress business (sales from China).
https://t.co/FUBmF8SDJi
We are increasingly seeing companies internationalize early on and from emerging economies. Example: Fanclash, an Indian fantasy e-sports startup, is expanding to Vietnam and the US. And see Prof. Somaya’s research on this topic.
https://t.co/5vEDLzS2Mz
https://t.co/km7tzOwsuL
Chinese video games internationalized by first targeting markets with strong cultural proximity … what does this say about their market entry strategy, and the likely overall MNC strategy.
https://t.co/eqouBCSra9
Roku started as a project inside Netflix but was spun off as a standalone company to maximize the value of Roku’s business. Now people are speculating that Netflix may reacquire Roku due to synergies between the two businesses.
https://t.co/lkrisLZZmA
Oracle is completing its acquisition of healthcare software company Cerner. The acquisition allows Oracle to stretch into (cloud-first) healthcare software capabilities, and also leverage its own technologies to modernize Cerner’s systems.
https://t.co/BCKiNzikDo
Kellogg is splitting into three different businesses. The massive divestiture will “increase long-term shareowner value” through “an enhanced focus [on] their distinct strategic priorities” according to CEO. Shares were up 8% after the announcement.
https://t.co/48zlBVxkql
Mondelez plans to acquire organic-energy bar company Clif Bar. A classic use of leveraging to generate synergies, but things can still go wrong with the merger (what would you worry about?).
https://t.co/IkU78KFbFy
https://t.co/AkxbUo90G0
Nucor’s related diversification reflects a post-pandemic rethinking of vertical and horizontal scope by many firms … and illustrates issues related to mergers and acquisitions that we learn about in Week 6.
https://t.co/x4cwSmgJZ9
Target doubles down on differentiation with a more personalized experience, and a Guest Experience Officer to create the required capabilities.
https://t.co/vMMSp4Y8pZ
From Wii to Switch, Nintendo has relied on innovation and customer knowledge to perform well in the fickle gaming industry. But future success depends on how the company responds to durability and relevance challenges.
https://t.co/mcqXGSpyMp