loss of organizational history and memory. Corporate amnesia occurs when senior or long-standing members of staff leave and their personal knowledge, built up from years of experience in the company, goes with them. This is occurring more frequently with the rise in downsizing and delayering, and the phenomenon goes hand in hand with the anorexic organization. Amnesia can be a significant disadvantage to an organization, causing it to forget the lessons it has learned and to waste time and effort in doing things again.
SEATTLE & SYDNEY -- Avenue A / Razorfish, the largest interactive marketing services firm in the U.S. and an operating unit of aQuantive, Inc. (NASDAQ:AQNT), today announced the acquisition of Amnesia, a full-service, digital agency based in Australia. Amnesia will retain its brand identity and existing leadership team and will...
Webster's Dictionary defines amnesia as the unconscious suppression of a painful experience. For some strange reason, this illness is infecting government officials, corporate executives and a variety of other citizens.Let's start with Michael Brown, former head of the Federal Emergency Management Agency. Brownie, as he was called by the...
In addition to articulating the understanding of the attributes regarding a business identity (the umbrella label used to cover corporate identity, organizational identification and visual identity) the article outlines the characteristics of corporate marketing and introduces a new corporate marketing mix based on the mnemonic "HEADS". In addition, the paper...
Question-and-Answer SessionOperator Operator InstructionsYour first question comes from the line of Richard Ingrassia - Roth Capital Partners. Richard Ingrassia - Roth Capital Partners Thanks, good afternoon everybody. Brian McAndrews Hi Rich. Richard Ingrassia - Roth Capital Partners Brian can you say...
Corporate Governance refers to set of rules, procedures, and policies that govern day-to-day functioning of an organization. A recent Act seeks to overhaul Corporate Governance mechanisms and practices. It establishes a new, independent board for the accounting industry, creates higher standards for corporate governance and audit committees and ushers in...
Working with corporate venturers can provide venture capital and private equity firms with a rich source of investment opportunities. Corporate venturing can entail different things, depending on the corporate in question. A question remains in the minds of many VC investors: is the reduction in operational and competitive risk merely...
This paper describes the issues of financial reporting and corporate communication in connection with corporate governance. The analysis is based on the studies conducted in the Anglo-American and the European academic literature both from a normative and a positive perspective. It is discussed why accounting standards are not able by...
There is a growing interest in the topic of corporate brands, with confusion about what this means. This paper argues that the brand concept is context independent, thus the concept of the corporate brand is the same as the concept of the product or services brand. However, it is the...
The Sarbanes-Oxley Act of 2002 was enacted to address the irregularities present in Corporate Governance mechanisms and corporate accounting practices in organizations. It establishes a new, independent board for the accounting industry, creates higher standards for corporate governance and audit committees and ushers in transparency in corporate transactions. The paper...
Corporate governance can be defined to be an institution that constrains relations between corporate managers and various stakeholders, including shareholders, creditors, workers, suppliers, and customers. Under this broad definition, corporate governance is a system of various sub-systems that are complementary to one another. This paper focuses on two subsystems of...
The paper reports that the corporate demand for insurance rests either implicitly or explicitly on the notion that the decisions on corporate account are made to maximize the current shareholder value. (Mayers and Smith 1982) began a discussion of the determinants of the demand for corporate insurance by noting that...
Corporate reputation: why is it important? How is a reputation created? What is a corporate reputation or a corporate political reputation anyway? And, why might public relations executives care about corporate reputation? Fombrun (1996) suggests that "a corporate reputation is the perceptual representation of a company's past actions and future...
Many companies invest a lot of time and resources to develop corporate philosophies (corporate mission, vision and value statements) but employees do not buy into them because they just do not fit the actual job. In fact, some employees find these corporate philosophies loose and irritating. The article suggests some...
Recent corporate scandals necessitated the formulation and passage of the Sarbanes-Oxley Act of 2002. The same seeks to redefine and streamline corporate accounting practices and Corporate Governance frameworks in organizations. The paper examines the different entities that are affected by the Act. The ways in which the impact takes place...
The Association for Corporate Growth ACG, the premier professional organization focused on corporate growth, corporate development, and mergers and acquisitions, today named NetApp (NASDAQ: NTAP), the leader in advanced networked storage solutions, the winner of its Outstanding Corporate Growth Award.
Whether you are a small business owner or heading a corporate start-up, there are several important steps required to formally register your business with the state and government agencies. One of the first steps in establishing your business is to determine whether the selected name of the corporation currently is...
WASHINGTON -- The United States Chamber of Commerce Center for Corporate Citizenship CCC today announced that GE, headquartered in Stamford, Connecticut, won the Corporate Citizenship Award in the category of Corporate Stewardship, Large Business. The award acknowledges businesses and chambers of commerce that have demonstrated ethical leadership and corporate stewardship...
Every organization has a corporate image, whether it wants one or not. When properly designed and managed, the corporate image will accurately reflect the organization's commitment to quality, excellence and its relationships with its various constituents. It is a critical concern for every organization, one deserving the same attention and...
Corporate branding involves establishing unique associations of the corporation in the minds of the consumers. It is an effective strategy to gain sustainable competitive advantage. However, corporate branding involves painstaking effort, from the management's side, over time. The paper examines issues involved in corporate branding. The importance of the same...
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