Risk Managment Carrefour
Table of contents Company Choice 3 1. Determine whether this firm had a serious set-back and/or drop in earnings over the last 10 years by reading its annual reports, press clippings and other information sources. Explain what happened. If nothing negative has happened, describe what makes this company so successful 3 2. Create a balanced score card for this company; the information doesn’t have to be factual right: it is your view on the company 5 3. Fill out all four “dimensions” with at least five critical success factors of which three factors are risk management related 7 4. Develop an appendix next to the BSC describing the rational for the CSF chosen, and how they fit (1) the company’s mission and strategy, (2) how to measure them, (3) what is the critical level on which to act, and (4) how to act 8 4.1 Financial targets 8 4.2 Clients target 8 4.3 Business process target 9 4.4 Organizational / HR targets 9
Company Choice
I decide to talk about Carrefour; French group's retail sector. In 2009, the second global group of the industry in terms of sales behind Wal-Mart. Founded in 1959 in Annecy, it is present in Europe, South America and Asia, as well as in other areas of the world in the form of local partnership.
In 1999, the company merged with the French group Promodès, one of its main competitors, and thus became the number one European supermarkets.
The Carrefour Group has published a 2008 turnover of 87 billion euros HT. In late 2008, it had 8,006 stores and 15,430 under banners (including franchisees and partners). In 2007 it employed more than 490,000 employees worldwide, including 140,000 in France, making it the largest private employer in France and the ninth world. 1. Determine whether this firm had a serious set-back and/or drop in earnings over the last 10 years by reading its annual reports, press clippings and other information sources. Explain what happened. If nothing negative has happened, describe what
Company Choice
I decide to talk about Carrefour; French group's retail sector. In 2009, the second global group of the industry in terms of sales behind Wal-Mart. Founded in 1959 in Annecy, it is present in Europe, South America and Asia, as well as in other areas of the world in the form of local partnership.
In 1999, the company merged with the French group Promodès, one of its main competitors, and thus became the number one European supermarkets.
The Carrefour Group has published a 2008 turnover of 87 billion euros HT. In late 2008, it had 8,006 stores and 15,430 under banners (including franchisees and partners). In 2007 it employed more than 490,000 employees worldwide, including 140,000 in France, making it the largest private employer in France and the ninth world. 1. Determine whether this firm had a serious set-back and/or drop in earnings over the last 10 years by reading its annual reports, press clippings and other information sources. Explain what happened. If nothing negative has happened, describe what