Examines corporate strategy for a diversified company in the French business context. Issues include corporate governance, vision and management of unrelated diversification. After the company’s first defeat ever, the Board elected a new chairman Vivendi, which completed a financial restructuring and articulated a new corporate strategy. His actions were determined in part by the French business environment, not easily allow for downsizing and the increasing importance of foreign … Read more »

Examines corporate strategy for a diversified company in the French business context. Issues include corporate governance, vision and management of unrelated diversification. After the company’s first defeat ever, the Board elected a new chairman Vivendi, which completed a financial restructuring and articulated a new corporate strategy. His actions were determined in part by the French business environment, not easily allow for downsizing and the increasing importance of foreign investors in France.
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Cynthia A. Montgomery
John M. Turner
Source: HBS
21 pages.
Publication Date: Dec 16, 1998. Prod #: 799 019 PDF-ENG
Vivendi: Revitalizing a French Conglomerate (A) HBR case solution