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Business
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The CEO mentioned that "Nortel Networks Corp. is poised to be a leader in a massive market that will define a new era in communications". This vision appears vague, broad and fails to convey to shareholders, analysts or investors how exactly management intends to reach its goal. Like employees, unless management communicates to shareholders the reason for its strategic course and how it plans to reach its vision, it will be hard for shareholders to buy into the strategic vision of the organization (Thompson, Gamble, Strickland (2006), 18)...
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The CEO mentioned that "Nortel Networks Corp. is poised to be a leader in a massive market that will define a new era in communications". This vision appears vague, broad and fails to convey to shareholders, analysts or investors how exactly management intends to reach its goal. Like employees, unless management communicates to shareholders the reason for its strategic course and how it plans to reach its vision, it will be hard for shareholders to buy into the strategic vision of the organization (Thompson, Gamble, Strickland (2006), 18)...
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