Solution-Worst corporate losses in business history

Worst corporate losses in business history

Reference no: EM133213203

In 2000, the Canadian wool company, Lambset, acquired a competitor wool weaving company, Cainer, for US$760 million. Four years later, the company was worth US$66 million, thus experiencing one of the worst corporate losses in business history. The acquisition was costing over US$120 million a year just to survive, and Lambset lost 50% of its market share.

Analysts suggest that one of the reasons for the failure was that the management techniques of both companies were very different.

Identify and discuss 4 human resources initiatives that you think that the company should have made use of to better manage this acquisition from a human resources perspective. How would these initiatives have helped the situation?

Reference no: EM133213203

Questions Cloud

What were the recruitment strategies of apple : Why did Apple not want to be an ally of Microsoft? What were the recruitment strategies of Apple? What was good and what was wrong?

Analyse impact of king reports in terms of its co-existence : Analyse the impact of the King Reports in terms of its co-existence with other legislation (e.g. the Companies Act) that applies to companies and directors.

Develop a job description for a vacancy of choice : Your task is to develop a job description for a vacancy of your choice and provide a person specification as well as an application form.

Explain the adaptive and servant leadership models : In your report discuss specific ways you can also be a servant leader be sure to explain the both the adaptive and servant leadership models in your answer.

Worst corporate losses in business history : In 2000, the Canadian wool company, Lambset, acquired a competitor wool weaving company, Cainer, for US$760 million. Four years later, the company was worth US$

Impact of the covid-9 virus will most necessitate leaders : "The impact of the Covid-9 virus will most definitely necessitate leaders to change large segments of basic work activities and protocols.

Elements of a learning organization : How does the company epitomize the 6 elements of a learning organization? How might it incorporate any missing elements or improve some weaker elements to be a

Differentiate between qualitative and quantitative methods : 1. Explain the role employees should play in the succession management process.

Identify the type of strategy : Identify 1 Strategy your assigned company is pursuing, based on your knowledge of the company and your reading of their 10-K, Annual Report, or other documentat

User Account

All Pages

Worst corporate losses in business history

Reference no: EM133213203

Reference no: EM133213203

Questions Cloud

Reviews

Write a Review

HR Management Questions & Answers

Explain pricing strategy

Find an organization who has experience growth

Protective-defensive techniques in international management

Assignment on performance management

Assignment for paula hog

Motivation and power in high performing team managers

Name one diversity law or piece of legislation

Difference between arbitration and mediation

Symptomatic of deeper malaise

Implications of noront proceeding

Prepare a resident care plan

Personal career development plan

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT