Subject category:
Strategy and General Management
Published by:
Harvard Business Publishing
Version: 4 April 1995
Length: 25 pages
Data source: Field research
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Abstract
Saatchi & Saatchi, founded in 1970, became the world''s largest advertising agency in 1986. It then diversified into consulting and other managerial areas before crashing in 1989. Under a new CEO, the company restructured and refocused on its advertising agencies. The teaching purpose is to discuss diversification and strategy between businesses. Also valuable for examining corporate structuring, managing the multibusiness corporation, and global management.
Location:
Industry:
Size:
Large, 12,800 employees, GBP800 million revenues
Other setting(s):
1991
About
Abstract
Saatchi & Saatchi, founded in 1970, became the world''s largest advertising agency in 1986. It then diversified into consulting and other managerial areas before crashing in 1989. Under a new CEO, the company restructured and refocused on its advertising agencies. The teaching purpose is to discuss diversification and strategy between businesses. Also valuable for examining corporate structuring, managing the multibusiness corporation, and global management.
Settings
Location:
Industry:
Size:
Large, 12,800 employees, GBP800 million revenues
Other setting(s):
1991