1 / 3

Conglomerates Operating vs. Holding Companies

Conglomerates Operating vs. Holding Companies. BA 469 Professor Dowling Spring Term, 2005. OPERATING COMPANIES Understand businesses acquired ‘Fit’ is key to acquisitions Emphasize behavioral control. HOLDING COMPANIES Focus on asset utilization/financial health

emelda
Télécharger la présentation

Conglomerates Operating vs. Holding Companies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. ConglomeratesOperating vs. Holding Companies BA 469 Professor Dowling Spring Term, 2005

  2. OPERATING COMPANIES Understand businesses acquired ‘Fit’ is key to acquisitions Emphasize behavioral control HOLDING COMPANIES Focus on asset utilization/financial health Opportunity driven; portfolio fit Outcome measures key to managerial evaluation (Berkshire Hathaway) Conglomerates

  3. Senior management team serves as a key resource to division managers on operating & strategy questions Consistent operating strategy Goal = synergy of operations/products Long term rebuild strategy for acquisitions; turn around fundamentals Focus on profit contribution, EBIT, debt/equity Corporate strategy related to portfolio mix Quick fix i.e. management changes and downsizing Conglomerates

More Related