TITLE

Taking risks is the lesson to be learned

PUB. DATE
November 2007
SOURCE
ICIS Chemical Business;11/12/2007, Vol. 272 Issue 18, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the negotiation for takeover of Imperial Chemical Industries (ICI) PLC between Akzo Nobel NV and ICI shareholders. It discusses its influence on Great Britain's chemical sector. It reports on ICI's business strategy which includes promoting entrepreneurship, risk-taking and a culture where lessons are learned from mistakes. ICI offered a platform for young business managers and scientists. It states that the strategy of long-term planning led to the company's decline.
ACCESSION #
28007427

 

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