The Goals For 2016 Is Focused On Increasing Shareholder Value

dnesday, 22 June 2016, 12:13 AMmodified on Wednesday, 22 June 2016, 10:39 AM â€Å"Shareholder value. Our goals for 2016 are primarily focused on increasing shareholder value.† As I watched many of my colleagues being escorted out of the building on a Wednesday morning in March 2016, my thoughts wandered back to those words spoken at our most recent employee forum from the previous month. Our CEO was on his annual tour of the country speaking to thousands of employees along the way. The message was a positive one. Success in 2015! Projects completed, money saved, and improved customer satisfaction. All of these accomplishments made possible by the innovative and hardworking staff working both behind the scenes and on the frontlines. Now, it was time for new challenges. The message was clear as our CEO transitioned his discussion from our past achievements to our future goals, â€Å"We are focusing on shareholder value†. My phone rang. It was my young, now former, colleague. He had left some personal items behind but he was no longer permitted to enter the building. I grabbed his items and headed out of the building to meet up with him. When we spoke, he struggled to hold back tears as he explained that Human Resources and Management indicated that in a cost-saving effort, our head office had decided to reduce staffing by 1/3rd. Truth be told, he was one of the hardest working employees in the department. But the decision was made at a very high level and wasn’tShow MoreRelatedOur Goals For 2016 Are Focused On Increasing Shareholder Value1459 Words   |  6 Pagesâ€Å"Shareholder value. Our goals for 2016 are primarily focused on increasing shareholder value.† As I watched many of my colleagues being escorted out of the building on a Wednesday morning in March 2016, my thoughts wandered back to those words spoken at our most recent employee forum from the previous month. Our CEO was on his annual tour of the country speaking to thousands of employees along the way. The message was a positive one. Success in 2015! Projects completed, money saved, and improvedRead MoreInternational Annual Report : Marriott International Essay1566 Words   |  7 PagesInternational Inc. has hotels in nearly 90 countries, and 19 different brands; As well as a reward program with nearly 55 million members all over the world, and is still expanding. In Marriott International’s 2015 annual report, is a message to the shareholders. In its message the company’s future growth is stressed. In fact, Starwood Hotels Resorts Worldwide are acquisitions of Marriott International and are currently being incorporated. 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