Review the CIBC Mellon: Managing a Cross-Border Joint Venture Case Study found on page 219 in your textbook and respond to the following:
- Compare and contrast strategic controls and financial controls. Provide specific examples of how each may be used to best serve a corporation.
- As a strategic leader, determine if you would feel ethically responsible for developing your firm’s human capital and state why. Discuss whether or not you believe your position is consistent with the majority or minority of today’s strategic leaders.
“Innovation Applied” Please respond to the following:
- Analyze the different approaches to innovation discussed in this chapter to determine which approach you think would be the greatest value to the greatest number of organizations. Explain your rationale.
- Create one innovative approach that is not discussed in the textbook for increasing the amount of innovation within a large company. Describe this approach in detail and explain how companies could benefit from it.