In the News: Get quick access to breaking stories around the world.
17 January Chemical-related illnesses cost state. Toxic chemicals sicken and kill thousands of people in California each year and cost the state an estimated $2.6 billion in medical expenses and lost wages. Associated Press. [related story]
17 January Banned toxin found in wood floor finishes. A wood floor finish popular in the 1950s and 1960s may be a significant, continuing source of the banned, disease-causing pollutants known as PCBs, 50 years after the floors were installed. Reuters.
17 January The battle over bottled vs. tap water. Even as bottled water companies see increased sales, the recent raft of negative media coverage and activist campaigns against the industry has caused a product once seen as fundamentally green and healthy to lose some luster. Christian Science Monitor.
17 January Water, water, everywhere. Water-short California's search to satisfy its thirst is beginning to focus on a controversial source -- the Pacific Ocean. Wall Street Journal. [Subscription Required]
17 January Screening out legal invaders. Millions of organisms are imported into the U.S. every year for the aquaculture, food, pet, bait, and ornamental plant industries, and biomedical research. Many end up in places where they can wreak havoc on the environment, agriculture, and human health. Environmental Science & Technology.
17 January Coal: Bleak outlook for the black stuff. A number of recent reports suggest coal reserves may be hugely inflated, a possibility that has profound implications for both global energy supply and climate change. In short, coal may be running out. New Scientist, England.
17 January TX is biggest carbon polluter. The headquarters state of America's oil industry spewed 670 million metric tons of CO2 into the atmosphere in 2003, enough that TX would rank 7th in the world if it were its own country. Associated Press.
17 January Climate talk’s cancellation splits a town. School authorities’ cancellation of a talk that a Nobel laureate climate researcher was to have given to high school students has deeply divided a small Montana farming and ranching town. New York Times. [Registration Required]
17 January Of wolves and willows. Willows are growing to new heights in Yellowstone National Park. And scientists are debating: is it the return of wolves and their impact on herbivores, or is climate change affecting the growing season? High Country News.
17 January Research tracks Arctic warming's correlation to 'dirty snow.' As much as a third of the warming trend in arctic regions is caused by "dirty snow," not by greenhouse gases, UC Irvine researchers say. Orange County Register, California.
17 January Dry, polluted, plagued by rats: the crisis in China's greatest river. The waters of the Yangtze have fallen to their lowest levels since 1866, disrupting drinking supplies, stranding ships and posing a threat to some of the world's most endangered species. London Guardian, England.
17 January Mass blood tests for Naples residents. Doctors in Naples have begun screening residents for deadly dioxins as fears grow that the city's rubbish crisis would unleash a "chemical bomb". London Daily Telegraph, England.
17 January French court faults Total, three others over Erika oil disaster. A French court on Wednesday found Total guilty of negligence and ordered the oil giant and three other parties to pay nearly 200 million euros in damages for the 1999 Erika oil spill, one of France's worst environmental disasters. Agence France-Presse.
17 January South Korean town fights for life after oil spill A month after South Korea's worst oil spill, blackened west coast beaches have been cleaned by more than 1 million volunteers but residents are struggling to pick up shattered lives. Reuters.
17 January Gulls' blood records oil impacts. Seabirds' blood can hold vital clues about the long-term ecological impacts of oil spills, researchers suggest. BBC, UK.
17 January Ministry of Defence offers nerve gas veterans £3m and an apology. The Ministry of Defence is to offer compensation and an apology to the Porton Down victims of secret chemical testing. London Guardian, England.
17 January Antidepressant studies unpublished. The makers of antidepressants like Prozac and Paxil never published the results of about a third of the drug trials that they conducted to win government approval, misleading doctors and consumers about the drugs’ true effectiveness, a new analysis has found. New York Times. [Registration Required]
17 January Democrats a drag on capitol smokers. Although Democrats have struggled to impose their legislative will on Capitol Hill, they have succeeded on one major front: stamping out the last vestiges of smoking throughout the congressional campus. Washington Post. [Registration Required]
More news from today
•>240 more stories, including:
•'Pac-Man' molecule chomps uranium contamination
•Bird flu may spread indirectly; Hogs linked to MRSA
•Climate: Fiji adapts to flooding; Wolves and willows in Yellowstone; Building moratorium in Spain
•Energy: Fighting nuclear in Canada; Fossil fuels; Biofuels; Wind; Solar; Hybrids
•Myriad 'green' options confuse even experts
•Stories from Arctic, UK, Turkey, France, Italy, Albania, Uganda, Kenya, S Africa, China, Bangladesh, Indonesia, Philippines, India, Australia, New Zealand, Brazil, Caribbean, Canada
•US stories from NH, MA, CT, NY, NJ, PA, MD, NC, FL, WI, MI, IL, MN, IN, TN, IA, SD, MO, TX, CO, UT, AZ, OR, CA, AK
•Smoking: Butts out in Canada
•Editorials: Stronger chemical security; Gas-free future; Another foe of coal
Hot Topics
· Bird Flu
New Science: Understand new scientific results that expand knowledge of environmental links to health.
Research in Japan reports a 50% reduction in risk of advanced prostate cancer is associated with drinking green tea. The findings may help understand why prostate cancer is much lower in Asian compared to Western populations. American Journal of Epidemiology. More...
Researchers testing deep aquifers used for drinking water found human viruses, challenging the assumption that these crucial water supplies are protected from surface contamination. Samples from three public water supply wells that draw from a 240-foot deep aquifer in Wisconsin contained human intestinal viruses, which as a group are associated with diseases such as meningitis, encephalitis, newborn enteroviral disease and polio. More...
New research by scientists at the Centers for Disease Control indicates that the analysis the CDC has used to estimate human exposure to atrazine and atrazine-related breakdown products has strongly underestimated its extent. By assaying for more than one atrazine metabolite, the new method finds exposures more consistent with the widespread use of the herbicide than indicated by the old approach. More... [related stories]
A new analysis by the CDC indicates that many Americans are exposed to bisphenol A at levels above the current safety threshold set by the EPA based upon decades-old data. These levels are significantly higher than those sufficient to cause a wide array of health effects in animals following exposure in the womb. Exposure to another industrial chemical, 4-tertiary-octylphenol, is also widespread. More... [related stories]
Minute quantities of a bacterial protein inserted in corn provoke immune reactions in mice. The protein is added to increase the effectiveness of plant-based transgenic vaccines. The results indicate that special care will be needed with transgenic corn to reduce exposure to workers and the public if this protein is used commercially in corn or other food crops, to avoid unwanted immune responses in people and decreased effectiveness of oral vaccines that use the protein. More...
Three years after a year-long education effort to promote a healthy diet and discourage consumption of carbonated drinks, researchers found no effect on how many children were overweight. The number of overweight children had increased in both the control and experimental groups. British Medical Journal. More...
New research confirms that estrogenic contaminants can seep into sediment after being carried by sewage into rivers. Standard water treatment doesn't remove them from waste water effluent, so they pass from treatment plants into rivers. Once in river waters, they move into river sediments and thus potentially reach groundwater, contaminating sources of drinking water. More...
New experiments reveal that the synthetic estrogen used by women for birth control causes wide ranging health effects in minnows, but that the effects differed when the drug was tested alone compared with when it was mixed with wastewater effluent. The estrogen caused feminization of male fish, and altered DNA integrity, immune cell number, and ability to breakdown pollutants. The study highlights the need for more research on the potential health effects of exposure to complex mixtures. More...
New data link low birth weight and body mass to very low levels of commonly used chemicals found in consumer products ranging from Teflon-coated cookware to water and stain repelling textiles. Analyzing the relationship between vital statistics of newborns born at a city hospital in Baltimore, MD--measurements such as weight, length, and head circumference-- scientists found that babies with higher levels of perfluorinated compounds in their cord blood tended to be slightly but significantly smaller than those with lower exposure. More... [related stories]
Thirty-eight of the world's leading scientific experts on bisphenol A have warned policymakers of potential adverse health effects of exposure to the widespread molecule used to make plastic and food can lining. They conclude that average levels in people are above those that cause harm to animals in laboratory experiments. And they calculate that average serum levels in people can only be explained by assuming that exposures today are already above the level that EPA considers safe. More... [related stories]
A new study with mice is the first to link low level neonatal exposure to bisphenol A to uterine diseases that women develop as they age, including fibroids, adenomysois and cystic ovaries. Some of the adverse conditions induced by BPA in mice have been previously described in daughters of mothers who took the drug diethylstilbestrol, a synthetic estrogen which is structurally and functionally similar to BPA. These uterine defects, which often require severe medical intervention, are common and appear to be increasing in women but remain poorly understood. More... [related stories]
In a unique, new study, scientists report that women exposed to relatively high levels of DDT prior to mid-adolescence are 5 times more likely to develop breast cancer later in life than women with lower exposures. In contrast, exposure after adolescence is not associated with increased risk. This new approach-- taking age of exposure into account-- may help explain why studies that depend upon exposure measurements after breast cancer develops often report no association. More... [related stories]
Exposure to bisphenol A during development changes gene behavior in mice, causing genetically identical animals to develop differently. BPA exposure reduces DNA methylation, thereby increasing the expression of genes that would have been silenced. The results can be counteracting by supplementing the maternal diet during pregnancy and lactation with nutrients that increase methylation, such as genistein, a phytoestrogen found in soy. More... [related stories]
New research exposing mice to a chemical used to make polyurethane foam and paints provides the first experimental confirmation that the compound causes respiratory tract disease. The findings corroborate epidemiological studies showing links between on-the-job exposure to toluene diisocyanate and both nasal inflammations, diseases that affect at least half the industrial workers in the US. The results help understand how breathing even small amounts of a chemical can lead to debilitating respiratory diseases. More... [related stories]
Exposure to a mixture of phthalates causes reproductive harm in an additive manner. Rats exposed prenatally to a combination of DEHP and DBP had decreased testosterone levels and decreased expression of genes important for gonadal development. This research has important implications for humans who are continually exposed to low doses of a mixture of phthalates. Toxicological Sciences More... [related story] [Subscription Required]
Women who reported mixing and applying agricultural pesticides during early pregnancy have a two times higher risk of developing gestational diabetes during the pregnancy. Consistent with other studies, the strong association between first trimester pesticide exposure and gestational diabetes mellitus suggests that pesticide exposures, including 2,4,5-T and atrazine, may affect glucose metabolism and insulin resistance. More... [related stories]
Chinese children drinking well water with very high levels of fluoride scored poorly on intelligence testing compared to those with lower exposures. More information is needed to ascertain if the sum total amount of ingested fluoride from tap water, consumer products and other sources are enough to inhibit brain development in children living in the US and other countries where fluoridation is common. More... [related stories]
The widely-used synthetic insecticide permethrin dramatically reduces testosterone levels and sperm counts in adult male mice exposed for six weeks. Permethrin causes reproductive damage by altering the beginning steps of testosterone synthesis in the testes, lowering testosterone production. Permethrin is used in homes and agriculture and it can be found in dust and food. Doses used in the experiment were higher than those people would encounter regularly, but effects were seen at both doses tested. More... [related stories]
New Reports: By organizations working to protect human health from environmental exposures.
In coming decades heatwaves in the Midwest are likely to become more frequent, longer, and hotter than cities in the region have experienced in the past. Fire will increase in the west. Sea-level rise will be increasingly problematic along the Gulf Coast. Nutrient overload will increase the frequency and intensity of hypoxia in the Chesapeake Bay. Regional impacts of climate change: Four case studies in the US. Published by Pew Center on Global Climate Change.
Many individual states release more greenhouse gas emissions than entire groups of developing countries. Forty-two U.S. states individually emit more carbon dioxide than 50 developing countries combined, and three states individually emit more CO2 than 100 developing countries. Taking Responsibility. Published by National Environmental Trust. [related story]
An expansion of nuclear power capacity in the United States could help reduce global warming pollution, but could also increase threats to public safety and national security. Those risks include a massive radiation release from a power plant meltdown or terrorist attack, and the death of hundreds of thousands from the detonation of a nuclear weapon made with materials obtained from civilian nuclear facilities. Nuclear Power in a Warming World. Published by Union of Concerned Scientists.
A nationwide survey of more than 1,500 nurses suggests associations between the health of nurses and their children from nurses' long-term exposures. Nurses report increased rates of asthma, miscarriage and certain cancers, as well as cancers and birth defects in their children. Nurses' Health: A survey on health & chemical exposures. Published by Environmental Working Group. [related stories]
As parents venture into crowded malls this holiday season, they should remain vigilant about often hidden hazards posed by toys on store shelves. Despite all the recalls, hazardous toys remain on store shelves, including some with choking risks and that contain potentially toxic chemicals. Trouble in Toyland. Published by CalPirg. [related stories]
Power sector emissions make up 25% of the global total, 40% of carbon emissions in the United States, and are a primary cause of global warming. A new website allows you to find the dirtiest power plants, and the cleanest, around the world. Carbon monitoring for action. Published by Center for Global Development. [related stories]
Toxic chemicals from everyday products contaminate the bodies of every person in the United States. Shower curtains, water bottles, baby bottles, toys, shampoo, cosmetics, couch cushions, computers, and hundreds of other common products contain toxic chemical ingredients that leach out of the products. Is It In Us? Published by Coming Clean. [related stories]
Every day children are exposed to an average of 27 personal care product ingredients that have not been found safe for kids Due to gaping loopholes in federal law, cosmetics companies can put almost any ingredient they choose into their products, with no requirement to safety test. Companies can also claim that their products are gentle and natural even when they contain artificial chemical ingredients or harsh skin irritants. Safety guide to children's personal care products. Published by Environmental Working Group. [related story]
250,000 American one-year-olds are exposed to perchlorate above the government’s safe dose, from food sources alone. This is the equivalent of 1 in every 16 one-year-olds in the country. In the 28 states where perchlorate contaminates tap water, children face even higher exposures and potential health harm. Children Overexposed to Rocket Fuel Chemical. Published by Environmental Working Group.
Oil and gas production releases pollution that can have serious impacts on people's health and the surrounding air, water, and land. Although these operations are frequently located near homes, schools, and other community resources, the oil and gas industry enjoys numerous exemptions from provisions of federal laws intended to protect human health and the environment. Drilling down. Published by Natural Resources Defense Council.
With record losses and payouts far outstripping premiums in recent years, insurance rates are rising and many companies are moving out of America’s coastal states. Allstate, one of the nation’s largest insurance providers, has cut off coverage for 40,000 coastal homeowners in New York, and is no longer writing any new policies in Florida. Blown Away: How Global Warming Is Eroding the Availability of Insurance Coverage in America's Coastal States. Published by Environmental Defense.
Four months of reporting and testing find that lead is in an array of everyday items and that the system that should protect consumers has gaping holes. Our lab tests detected lead at widely varying levels in samples of dishware, jewelry, glue stick caps, vinyl backpacks, children's ceramic tea sets, and other toys and items not on any federal recall list. New worries over lead. Published by Consumer Reports. [related story]
Driven by sky-high prices for gold and other metals, a surge in mining claims is threatening California's national parks, national monuments, wilderness and roadless areas. Within 10 miles of California's national parks alone, mining interests have staked nearly 3,300 claims, more than 1,000 of them in the last four years. Mining Law Threatens Western Treasures. Published by Environmental Working Group.
More than two decades after the drafters of the 1972 Clean Water Act intended for the discharge of all pollutants to be eliminated, facilities across the country continue to violate pollution limits, at times egregiously. Nationally, more than 3600 major facilities (57%) exceeded their Clean Water Act permit limits at least once between January 1, 2005 and December 31, 2005. Troubled waters: an analysis of 2005 Clean Water Act compliance. Published by US Public Interest Research Group. [related stories]
Lipstick manufactured in the United States and used daily by millions of American women contains surprisingly high levels of lead, according to new product tests. More than half of 33 brand-name lipsticks tested (61 percent) contained detectable levels of lead, with levels ranging from 0.03 to 0.65 parts per million (ppm). None of these lipsticks listed lead as an ingredient. A poison kiss: The problem of lead in lipstick. Published by Campaign for Safe Cosmetics. [related stories]
There are 62 large industrial facilities within 25 kilometres of the City of Sarnia and adjacent Aamjiwnaang First Nation reserve. In 2005, these facilities released more dangerous chemicals than the industrial releases from the entire provinces of Manitoba, New Brunswick or Saskatchewan and greater than any other community in Ontario." Canada's Chemical Valley exposed. Published by Ecojustice Canada. [related stories]
Nail products contain a host of toxic chemicals known or suspected to cause cancer, reproductive harm, occupational asthma and other negative health effects. Nail salon workers are particularly at risk for exposure, as they work with these products all day every day, often in poorly ventilated spaces. The good news is that certain nail polish manufacturers are beginning to reformulate their products. Nail salons. Published by Women's Health and the Environment. [related stories]
Thirty five years after the signing of the Clean Water Act it is clear that tremendous progress has been made in cleaning up the San Francisco Bay, but significant and challenging water quality problems still remain. Four pollutants – mercury, PCBs, dioxins, and exotic species – are classified as having the most severe impacts. Selenium, legacy pesticides, and PAHs are also of concern. And new contaminants of rising concern include PBDEs and pyrethroids. Pulse of the Estuary. Published by San Francisco Estuary Institute. [related story]
Could the floral scent of your air freshener contain toxic chemicals known to cause birth defects? Tests of 14 different air fresheners found that 12 contained phthalates. They also contained allergens, volatile organic compounds as well as cancer-causing chemicals such as benzene and formaldehyde. Hidden hazards of air fresheners. Published by Natural Resources Defense Council. [related stories]
More news:
Did we miss an important story? Send it in.
More science:
· Women exposed to high levels of dioxin have a lower risk of uterine fibroids.
See also: OurStolenFuture.org
More reports:
Did we miss a key report? Send it in.
Copyright © 2003 Environmental Health Sciences. All rights reserved.
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"Welcome to Best Foot Forward's web site. Our aim is to help regions,
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the delivery of a wide range of analytical tools and consulting services."
Best Foot Forward are one of Europe's leading sustainability consultancies specialising in ecological and carbon footprinting. The impacts of climate change and need for carbon reductions are becoming increasingly clear, and Best Foot Forward provide a range of tools and services for carbon accounting.
Best Foot Forward carry out carbon and ecological footprint analyses for businesses and other organisations. Our key products and services have been designed to assess sustainability and assist organisations in reducing their footprint. Best Foot Forward has developed Footprinter - a unique online footprint tool for organisations.
Founded in 1997, Best Foot Forward have worked with over one hundred organisations and have carried out projects ranging from measuring the ecological footprint of a single apple to the entire city of London. We have worked with businesses in many different sectors including manufacturing, construction, transportation and commerce. In 2005 Best Foot Forward were awarded the Queen’s Award for Enterprise in Sustainable Development for our work in this area.
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Business Ethics:
(Ideally to be read in conjunction with http://grantmakersanddonorsqueries.blogspot.com )
Managing Ethics in the Workplace and
Social Responsibility
Written by Carter McNamara, MBA, PhD | Applies to nonprofits and for-profits unless noted
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(The library includes several topics that are closely related to managing ethics in the workplace. Notice topics in Related Library Links, particularly Employee Law (major topics and laws, employee contracts, at-will, noncompete, etc.), Crisis Management, Personnel policies and Developing/Updating a Values Statement.)
Categories of information includes
Various Perspectives Regarding Managing Ethics (includes complete, practical handbook)
General Resources Regarding Managing Ethics in the Workplace
Social Responsibility (social responsibility is but one aspect of overall business ethics)General General Resources Regarding Social Responsibility
Related Library Links
On-Line Discussion Groups
Free, Complete, On-line Training Programs That Include This Topic!
For For-profit Organizations:
This topic is also included in the Free Micro-eMBA learning module, Managing Ethics in the Workplace. This complete, "nuts and bolts", free training program is geared to leaders, managers and consultants who work with for-profit organizations.
For Nonprofit Organizations:
This topic is also included in the Free Nonprofit Micro-eMBA learning module, Managing Ethics in the Workplace. This complete, "nuts and bolts", free training program is geared to leaders, managers, consultants and volunteers who serve nonprofit organizations.
Tell Friends! Local Professional Organizations! Spread the Word!
Tell friends and professional organizations about these free programs! Advertise them in your newsletters and web sites so that others can save training dollars, too!
Various Perspectives Regarding Managing Ethics in the Workplace
Complete (Practical) Guide to Managing Ethics in the Workplace
Approaches to Ethical Decision Making
Values and Morals, Guidelines for Living - Psychological Self-Help
Your Values and Morals
Practitioner's Guide to Ethical Decision Making
Business Ethics -- Foundation of Effective Leadership
Right Way for the Board to Do the Right Thing
General Resources Regarding Managing Ethics in the Workplace
Extensive list of lists of Web sites
General business ethics resources at the Center for Applied Ethics
General site for ethics on the Web
Ethics updates
List of listservers and groups
Yahoo! Business and Economy:Ethics and Responsibility
Ethics Officer Association
Resource Renewal Institute
Social Responsibility
Social responsibility and business ethics are often regarding as the same concepts. However, the social responsibility movement is but one aspect of the overall discipline of business ethics. The social responsibility movement arose particularly during the 1960s with increased public consciousness about the role of business in helping to cultivate and maintain highly ethical practices in society and particularly in the natural environment.
Business for Social Responsibility (click on "Intro to Corporate Social Responsibility")
Business of Social Responsibility
Corporate Social Responsibility
Protecting your business and preserving the environment
Ethics and Social Responsibility of Management
Global Green Standards
"Winning with Integrity" - Business Impact Taskforce Report Launched
Social Assessment
Profit Versus Social Responsibility
Debate Social Responsibility -- a newsletter
General Resources Regarding Social Responsibility
There are many on-line resources in regard to social responsibility. The following will help to get your started.
Business for Social Responsibility
Corporate Social Responsibility list of useful resources
Educators for Social Responsibility
Behaviorists for Social Responsibility
Center for Computing and Social Responsibility
Canadian Business for Social Responsibility
Institute for Social Responsibility
Related Library Links
Building Trust
Crisis Management
Employee Wellness Programs
Insurance (Business)
Interpersonal Skills
Guiding Skills
Employee Law (major topics and laws, employee contracts, at-will, noncompete, etc.)
Organizational Culture
Personnel policies
Public and Media Relations
Risk Management
Training Basics for Supervisors and Learners
Values Statements (developing/updating)
On-Line Discussion Groups, Newsletters, etc.
There are a large number of on-line discussion groups, newsletters (e-zines), etc. in the overall areas of management, business and organization development. Participants, subscribers, etc., can get answers to their questions and learn a lot just by posing the questions to the groups, sharing insights about their experiences, etc. Join some groups and sign up for some newsletters!
References to major egroups, newsletters, etc.
You Can See Useful Books On This Library Topic Right Now!
Just enter the name of this Library topic in the window below and then click on "go"!
Carter McNamara, MBA, PhD, Copyright 1999, Authenticity Consulting, LLC
Library and its contents are not to be used to generate profits
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STRATEGIC PLANNING
WHO SHOULD ATTEND to this topic of study and who does it in the company
Directors, aspiring directors and senior managers who are responsible for, or contribute to, the development of corporate strategy and must ensure its funding.
Directors and owners who have built up their businesses to the point where they are hoping to exit from their investment within three to five years or those who are currently going through the process of selling their companies or listing them on a stock exchange.
Sourcing and Working
with Investors
Your approach must contend: How to fund businesses and how outside investors will affect the organisation’s operations
COURSE OBJECTIVES
Participation in this course will provide you with:
· A sound understanding of the different options available for obtaining outside investment for a business
· A structured approach to preparing for and obtaining outside investors
· An appreciation of how having outside investors will change the way the company is directed and managed
YOUR COURSE CONTENT MUST CONTAIN AND ADDRESS
· Sources of funds
o Shareholders’ own capital
o Retail banks
o Merchant banks
o Venture capitalists
o Business angels
· Preparing an investment prospectus
o Main elements of document
o Recommended appendices
o Availability of backup information
o Presentation to prospective investors
· What will investors expect from the company?
o Initial fees
o Equity (Ordinary Shares v. Preference Shares)
o Loan capital
o Board structure (including nonexec appointments)
o Chairman
o Board sub-committees
· Operational considerations
o How the board should operate
o Day to day management
o Reporting requirements
Corporate Strategy and Finance
A practical approach to a self study workshop on the development of corporate strategy in the context of both privately and publicly owned companies
YOUR COURSE OBJECTIVES
Participation in this course will provide you with:
· A clear understanding of what corporate strategy is, how stakeholder needs drive objectives for the whole organisation and how corporate strategies set the basis for business planning
· A clear understanding of business portfolio management and corporate
parenting
· Knowledge of issues surrounding the development of effective corporate strategies, including alliances and joint ventures, mergers and acquisitions, corporate recovery, MBOs and disposals
· An outline appreciation of appropriate funding associated with the development
of corporate strategy
COURSE CONTENT should contain the following
· Corporate strategy and stakeholder needs
o Concepts of corporate strategy,
organisational purpose and strategic
objectives
o Strategic logic, portfolio management and corporate parenting
· Strategies for growth
o Developing effective corporate strategies for growth
o Alliances and joint ventures
o Mergers and acquisitions
· Strategies for recovery
o Developing effective corporatestrategies for recovery – turn-round and re- ngineering
o MBOs and divestments
· Funding corporate strategy
o Methods of financing and re-financing
o Structuring debt
o Capital markets
o identifying risk and measuring performance · Integrative case study
Choosing and Implementing an Exit Strategy
Study how to realize shareholder value by a successful sale or listing of your usiness
YOUR COURSE OBJECTIVES
Participation in this course will provide you with:
· A sound understanding of the various exit strategies available
· Knowledge of the process involved in implementing each alternative
· Knowledge of how to prepare for exit several years in advance
COURSE CONTENT
· Advantages and disadvantages of alternative exit strategies
o Stock exchange listings
o Trade sales
o MBOs & MBIs
o Mergers
· Preparation for a stock exchange listing
o Choice of exchange (e.g. New York, London, Frankfurt etc.)
o Choice of board (e.g. full listing, secondary boards etc.)
o The listing process
· Trade sales or mergers
o Identifying target acquirer or merger partner
o Valuing business and negotiating an attractive deal for all parties
o Looking after staff and other stakeholders
· MBOs and MBIs
o The difference between them
o How to negotiate them
o How to fund them
· Arrangements for post exit
o Ongoing service contracts
o Lock ins for sale of shares and/or
share options
o Anti-competition requirements
· Due diligence process
o Information required
o Gathering information several years prior to exit
o Presentation of information
· Choosing the most appropriate advisors
o Lawyers
o Accountants
o Stock exchange brokers
o Investment bankers
© November 2007 Copyright asserted to be property of John M Riggs.
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