a little bit more innovative. Target is a reasonably innovative company, but innovation is not a historical strength, and it is unlikely that innovation and creative problem-solving will ever become a major part of the overall corporate culture. But this culture can be fostered within a given unit, and that is what is recommended.
All told, the enhanced digital initiative builds on what Target has done before, and helps to build out the infrastructure and culture to allow Target to continue to improve its digital presence, and become more of an innovator in the field. With the right approach,… Continue Reading...
than $100.8 billion in 2000. In the same year, Enron was rated as the most innovative company. Between 1990 and 1998, the value of their stock rose by 311%, a model growth rate described by the Standard & Poor. Before the collapse of Enron Corporation, Enron was rated one of the most profitable companies. The market environment perceived Enron management as aggressive and talented for the application of the cutting edge innovative business model. In 1990, the Enron stock price was $7 and increased to $83 in 2000. However, the company recorded its substantial increase in the stock price in 1997. In 2000, Enron stocks… Continue Reading...
well aware of the fact that to create a really innovative company – a company that was ahead of the competition when it came to the development and creation of new products and featured – he had to piece together a team that was not only competent, but also motivated and creative. He had to ensure that the sense of self that employees possessed was linked to the organization’s values. While transactional leaders tend to function within the culture of the organization that is already in place, transformational leaders like Steve Jobs appear to be appreciative of new ideas and… Continue Reading...
in 1995 and an increase of Enron’s stock prices recording a high of US$90.75 per share. Enron Corporation was ranked consistently as America's Most Innovative Company" between 1996 and 2001 by Fortune Magazine. The end of 2001 saw an unprecedented collapse of Enron’s stock price from US$90.75 per share to less than a dollar following an announced of $1billon loss in the first quarter of 2001 and resulting to declaration of bankruptcy by December 2001 as a result of negatively restating earnings by $405 million which saw the Enron’s debt grown by $628 million. The collapse resulted in economic loss to the employees and investors with the shareholders recording a loss of an estimated $11… Continue Reading...
