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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 510 |
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Messier instituted that all the asset allocation decisions will be taken at the corporate level only, in contrast with Dejouany's liberal view who granted investment power based on trus to the individual managers.
Messier also adopted a plan for employee mobility in order to promote a corporate culture...
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Under Dejouany, employees from different subsidiaries rarely acknowledged the affiliation to the same corporation. The incentive system that Messier put in effect was based on employee performance, encouraging goal meeting. On the other hand, Dejouany didn't believe in this system.
Since he became CEO of the CGE conglomerate, Messier's performance has been rewarded by the shareholders...
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Vivendi (A): Revitalizing a French Conglomerate
Vivendi: Revitalizing a French Conglomerate
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