services and actuarial services • Served as interim CFO/Chief Restructuring Officer for two clients; hired, trained and reviewed performance of finance teams including CFO coaching for one client • Facilitated divestment of real estate business: negotiated and closed deals on sale of real estate projects worth USD 30M (commercial properties and hotels) for a client 2008 - 2010 Avis Rent-A-Car (Ukraine) Ukraine Leasing and car rental company (~2000 cars, USD 25M in assets), franchisee of Avis Rent-A-Car
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Current Liabilities and Contingencies Current Liabilities IAS 1, Presentation of Financial Statements, requires liabilities to be classified as current or noncurrent. Current liabilities are those liabilities that a company: a. expects to settle in its normal operating cycle, b. holds primarily for the purpose of trading, c. expects to settle within twelve months of the balance sheet date, or d. does not have the right to defer until twelve months after the balance sheet date.
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Abstract SiemensAG - a major international corporation , an independent company working in the field of electrical engineering, electronics , power equipment, transport engineering, medical equipment and lighting , as well as specialized services in various fields of industry, transport and communications. Headquartered in Berlin and Munich (Germany) . Basically, the company most widely represented in three sectors : industry, energy and healthcare sectors . The company's shares are included in the
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Website, 2003). I will be concentrating on the Human Resource department of the organization. They restructured their HR department by cutting down their HR functions believing that it they could create jobs in other sections of the company. The changes occurred when the company officials decided that it won't be handling human resources issues on a store by store basis any longer, but instead to handle employee HR from a district-wide perspective. It was intended to save the retailer costs from a headcount
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choice to discuss how ‘corporate restructuring’ transformed market, productive and financial performance. Companies quite often have a need to contract and downsize their operations, or redesign one of the aspects, which might be due to different reasons, such as external factors, increase level of competitiveness or to change company’s direction. All the changes that the company might implement are called corporate restructuring. Usually, corporate restructuring is used when a company’s original
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725 Harnischfeger Corporation Case Kai Chen 1. Prepare a brief description of the company and its environment. Harnischfeger Corporation was a machinery company based in Milwaukee. Harnischfeger was a leading producer of construction, mining and electrical equipments, export and foreign sales constituted more than 50% of the total revenues of the company. In 1980s, the company suffered a financial crisis due to the worldwide recession. Harnischfeger Corporation took some strategies
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personality” (Universal Teacher, 2003). External factors are: “a. intensity b. size c. contrast d. repetition e. motion f. novelty and familiarity and g. situations” (Universal Teacher, 2003). Some examples of internal and external factors are: restructuring organizational mission, fiscal policies, competition, economy, customer demands, and globalization. In this paper I will describe our team’s organizations that range from hotels to education. One organization’s mission can be different
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------------------- 03 2. Management and Culture in Borthwick Contracting ------------------------------------------ 03 3.1. What Brothwick Contracting used to be --------------------------------------------------- 03 3.2. Restructuring Brothwick Contracting ------------------------------------------------------ 04 3. Recommendations ---------------------------------------------------------------------------------- 04 4.3. Focusing on the biggest resources --------
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Integrated Company Analysis Herman Miller: MLHR Nicholas Grant! Travis Campbell Brad Zoltak Marisol Serdiouk December 14th, 2009 Executive Summary Herman Miller, Inc. is a mid to high-end furniture manufacturer primarily concentrated in the business and institutional market. The industry is experiencing significant declines in sales due to poor macroeconomic conditions. The Company is well positioned as one of the top-tier firms in the industry, but its business model is highly sensitive
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identical. Each one requires fine tuning specifically tailored to the needs of that company. The matrix structure is used primarily for “project driven” companies, especially construction companies it combines both functional and pure project structures, each team member has two bosses; the project manager and the functional manager. The SEITZ Corporation has chosen to invest in the construction of a new plant in the next fiscal year believing that this investment is the best way to
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