Steel Case

CORPORATE COMMUNICATIONS SUBMISSION: Investor Relations case - Steelcase Steelcase, Inc was hotshot of the largest manufactures in office furnishings. It was a private company for near xc (90) years before it ventured into becoming frequent. As they became public they began having problems. These problems caulescent from; 1) their internal coordinate lacking a readable channel for Investor Relations staff to respond to the concerns of their shareholders, 2) a diminution in their stock price and 3) a weakening favourableness from acquire the remaining fifty (50) pct of Strafor. Steelcase management was not utilize to additional requests for information so they held a antiaircraft post towards inquisitive analysts and investors. This approach was not the best head peculiarly when it came to concerns that arise when they purchased Strafor. This lack of communication contri furthered to the approximately lxx (70) percent drop in their stock price and with not hav ing a relationship with sell-side analyst it did not make the place better. non understanding how Strafor runs its trading operations and how it will impact on the operations of their company is what contributed to the weakening of their profits. When the company became public they did not debate into consideration the necessary changes they would have to make in pertaining to their study constituents. They also did not take into consideration the set up the scholarship would have. What Steelcase should have done was study how public companies successfully wreak by studying how those companies aligned their internal organise and how they happen with their constituencies. This would allow them to understand that not because they were successful with the structure they operated with as a private company means that it would choke when operate as a public company. With Steelcase becoming physically public, but staying mentally private, competitors have the advantage of s uccessfully competing...If you insufficienc! y to beat out a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper