AOL sees revenue growth for first time in eight years

'In the fourth quarter, advertising revenue - a key measure for the company as it moves away from subscription-based dial-up services to focus on its media outlets such as the Huffington Post - rose 13% to $410.6m.'

Read the whole article at: http://www.bbc.co.uk/news/business-21384583

The Most Common Strategy Mistakes

Interesting insights from the most influential author and researcher in strategic managment.

http://hbswk.hbs.edu/item/6737.html?goback=.gde_1846141_member_211064889

Fiat and Chrysler create alliance

Example of strategic alliance. It is interesting to note how the two companies seek to get different types of benefits from this collaboration: access to knowledge (efficient engines) and access to the largest market.

Fiat and Chrysler create alliance

Italian carmaker Fiat and US giant Chrysler have agreed to create a global strategic alliance, the companies said in a statement.
Under the terms of the deal, Fiat will get a 35% stake in Chrysler. In return, the US firm will get access to Fiat's fuel-efficient vehicle technologies.
It is hoped the agreement will lead to "substantial" savings for Chrysler.

Read the whole article at: http://news.bbc.co.uk/1/hi/business/7839542.stm

TUI Travel reports jump in profit

Cost cutting and competitive advantage of scale as a result of an M&A.

TUI Travel reports jump in profit

Europe's biggest travel firm, TUI Travel, has said its full-year pre-tax profit rose 43% to £319.7m ($489.5m) as a result of cost cuts.
The group was created last year through the merger of German operator TUI AG and Britain's First Choice.


Read the whole article at: http://news.bbc.co.uk/1/hi/business/7752211.stm

Mark Zuckerberg on facebook's long term direction

It is very interesting to note the clear strategic direction set up by Zuckerberg; at this stage they are not interested in capitalising on the existing success, hence profits are not the first priority! He believes that the sustainability of the facebook will depend on its members (asset/resources) and not on the financial returns (another type of asset/resource). This interview also serves as a good example of the differences between mission and vision for a company.

To see the interview: http://news.bbc.co.uk/1/hi/technology/7664384.stm