Chapter 9 Financial Analysis of Strategic Initiatives
Successful business strategies are those that create shareholder value.
Recent survey data indicate that approximately 80% of all firms and more than 90% of large firms use
discounted cash flow tec
May 15, 2005
Class in America: Shadowy Lines That
By JANNY SCOTT and DAVID LEONHARDT
There was a time when Americans thought they understood class. The
upper crust vacationed in Europe and worshiped an Episcopal God. The
middle class drove Fo
Documentary: China Blue; from perspective of young Chinese person
who has experience with American society and Chinese migration
o Pay is so low because of fair trade: Chinese factories selling to
foreign companies make 1/10 of the proceeds of t
Lecture One Notes
Union: A group of workers, that arent management, usually from the
same field, who join together to gain influence and power and voice
concerns to upper level management
Job of Unions
o Bargain pay
o Define workers rights
o Improve job s
Week 13 Lecture
Finished The Hand that Feeds Documentary
o The workers at Hot and Crustys agreement is unique because it
defines a hiring hall: the workers and the leadership of the local
have a say in who gets hired for the jobs. If theres a job opening,
Lecture Five Notes
At the River I Stand Documentary: Memphis, TN garbage workers
o MLK amplified the strike
o Strike was an event that led up the peak of the civil rights
o Marked the shift from civil rights to race based economic is
Week 12 Lecture
Why did the percent of union workers in the private sector increase from
1933-1945? The government and policy strongly supported unions and
enacted policy that allowed for their growth
o Workers wanted job security following the Great Depr
Lecture Six Notes
Neoliberal Opportunity Bargain
o What is it?:
The belief that everyone in America is on an even playing field. If
you work hard, get advanced education, good jobs and social
mobility is achievable in America, because the lower-level job
Week 10 Lecture
Midterms handed back at end of class
Challenges during the Depression when Roosevelt entered office: No
money was circulating because people werent making purchases
because they werent getting adequate income. Inflation was necessary
Lecture Four Notes-Caitlin Brady
Why are women in significantly fewer positions of leadership and are
paid significantly less?
o Impact of our understanding of masculinity and femininity: The
notion that men are the breadwinner and homemaker model
Week 11 Lecture
Organized Labor from the 1930s to 1985
Why did unions grow during WWII?
o Norris LaGuardia Act: let unions function and improve conditions
without being put down, prosecuted or punished for their
o No Strike Pledge: During the war
Week 9 Lecture
Readings: Great Upheaval
o Caused by railroad bosses choosing to cut wages of workers,
sometimes in half, from day-to-day. Cuts were entirely dependent
on how much money the railroad was making and workers were at
the mercy of their bosses,
Chapter 2 The Income Statement
How (and how well) do financial statements provide answers to these kinds of questions?
Did your firm make a profit?
What is the rate of return on your investment?
What is cash flow vs. income?
Major financial stateme
Chapter 4 Cash Flows: Timing is Everything
Difference between Operating Profit and Cash Flow
Operating Profits: Includes a series of timing adjustments to match sales and expenses for the
Cash flow: how much cash did your business use / bring
Chapter 3 The Balance Sheet
Simple view of balance sheet:
[Everything you own] minus [Everything you owe] = Net worth
[Assets] minus [Liabilities] = [Owners Equity]
The status of an organizations assets, liabilities, and owners equity at a particular
Chapter 6 Stocks, Bonds, and the Weighted Average Cost of Capital
Why Is the Cost of Capital Important to HR Managers?
The basic concept is a simple one.
For example, suppose you want to open a restaurant where you can show off your skills as a chef an
Chapter 8 Financial Analysis of HR Initiatives
1. Highlight situations in which financial analyses can improve HR decision making.
2. Provide examples of how you can apply the simple financial tools discussed in the previous chapter
Chapter 11 Financial Aspects of Pensions and Retirement Programs
As of 2011 - $6 Trillion invested on behalf of private pension plans in the U.S.
At the corporate level, pension trusts are separate entities, and not included in the assets shown on the
Chapter 10 Equity-based Compensation: Stock and Stock Options
Employee Equity compensation:
Other derivative versions of stock or options
How do Stock Options work?
Contracts that guarantee the options owner the right to either buy or se
Chapter 7 Capital Budgeting and Discounted Cash Flow Analysis
Discounted Cash Flow one of the most important financial analysis concepts
$1,000 today or $1,000 a year from now which would you prefer?
If we have $1,000 today, suppose we can invest @ 5%.
Chapter 12 Creating Value and Rewarding Value Creation
Performance measurement issues.
Companies create value by investing capital at rates of return exceeding the cost of that capital. A
companys capability to identify and implement such investments is d
Chapter 1 Business Strategy, Financial Strategy, and HR Strategy
Is HR weakest in the most critical areas?
What is business acumen, anyway? At the most fundamental level, it is an understanding of how your
company makes money and how your decisions
Chapter 5 Financial Statements as a Window into Business Strategy
49. What can you learn from financial statements.
2 different companies (shown below). Which management team deserves a bigger performance
Selections and notes from Steven Direct
Week Eight- Movie
Submitted our midterms
Movie: Matewan (1987)
Knights of Labor: 1870s to 1880s, Working-class, Republican
organization that fought for the commonwealth of the community
created by the workers
American Federation of Labor (AFL): 1880s-Pres
Lecture Three Notes
Example of the old economy within the new economy
Based on the readings, what is a dual labor market and who is best
equipped to succeed?
o Dual Labor Market: Separates job opportunities into two
different categories. Primary labor mar
Week Two PowerPoint
Sociologists look at 3 factors in thinking about work
Work is culturally central in our society
Work is valued in itself and there is a strong work ethic in American culture
Those without work suffer a loss of sel-esteem;
What determines starting salary?
3) What other companies pay
5) position Levels
6) Industry Type
7) Employer Bias
4 Major Trends that have occurred overtime
1) trends going from local to regional
- transformed American Economy, fundamentally changed the way Americans worked
- most Americans go from working for themselves to working for other people
when you work for yourself, you decide how long you work, how h
INTRODUCTION TO LABOR STUDIES AND EMPLOYMENT RELATIONS
RUTGERS UNIVERSITY 37:575:100:05, Index #2576
Instructor: Carla A. Katz
Wednesday: 7:15 p.m. to 10:05 p.m. Auditorium (Room 137) Labor Education Center,
tABLe oF contents
the Lost Decade
Dreams of Adulthood Deferred
An overlooked Majority
Visions for a reinvigorated economy
the changing Workplace
translating Vision to Acti