John Mach strategy at Stanley Morgan
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Written by:
Taylor M
Date added:
December 26, 2016
Level:
University
Grade:
A
No of pages / words:
4 / 992
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7636 times
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Essay content:
The synthesis of Morgan Stanley (SM) and Dean Witter needed to overcome the perception that former Dean Witter employees were second class compared to former Morgan Stanley employees. To do this Mack first tackled the technological divide to remove the disparity and integrate the different systems. To boost the one-firm culture “Mack altered the firm's compensation scheme in favor of an equity ownership structure” (Cullen, 2003)...
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The synthesis of Morgan Stanley (SM) and Dean Witter needed to overcome the perception that former Dean Witter employees were second class compared to former Morgan Stanley employees. To do this Mack first tackled the technological divide to remove the disparity and integrate the different systems. To boost the one-firm culture “Mack altered the firm's compensation scheme in favor of an equity ownership structure” (Cullen, 2003)...
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