Replace, Restructure, Redevelop, Rebrand
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Replace, Restructure, Redevelop, Rebrand
Replace, Restructure, Redevelop, Rebrand (4R) is a corporate recovery model that outlines a structured approach for organizations to recover from significant crises, particularly those involving reputational damage or ethical failures. The 4R framework involves four key phases: Replace, Restructure, Redevelop, and Rebrand, aimed at restoring internal operations, external image, and consumer trust. The framework is associated with its originator, James S. Welch Jr. of the University of Tampa. This framework was first published in the Journal of Business Strategy in 2019. Overview The 4R model is a strategic framework designed to help organizations recover from crises that significantly impact their legitimacy, reputation, and status. It focuses on internal change, including leadership replacement, structural reorganization, and strategy redevelopment, and the external change of rebranding the corporate image. This recovery model was introduced in the context of Volkswagen's res ...
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James S
James may refer to: People * James (given name) * James (surname) * James (musician), aka Faruq Mahfuz Anam James, (born 1964), Bollywood musician * James, brother of Jesus * King James (other), various kings named James * Prince James (other) * Saint James (other) Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Film and television * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * "James", a television episode of ''Adventure Time'' Music * James (band), a band from Manchester ** ''James'', ...
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University Of Tampa
The University of Tampa (UTampa, UT or Tampa U) is a private university in Tampa, Florida. It is accredited by the Southern Association of Colleges and Schools. UTampa offers more than 200 programs of study, including 19 master's degrees and a broad variety of majors, minors, pre-professional programs and certificates. The school was initially established in 1931 as a junior college housed in a local high school. In 1933, it became a four-year university and moved onto the grounds of the recently closed Tampa Bay Hotel. The large and lavish central building of Henry B. Plant's resort was converted into Plant Hall, and the Moorish minarets atop the distinctive structure have long been a symbol of both the school and of the city of Tampa in general. UTampa grew gradually in the 20th century while navigating several periods of financial difficulty, including in the 1970s, when the school decided to fold its locally popular football program due to concerns about costs. Successful ...
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Journal Of Business Strategy
The ''Journal of Business Strategy'' is a bimonthly peer-reviewed academic journal published by Emerald Group Publishing, covering the field of business strategy, including strategic management, organizational leadership, and competitive analysis. It was established in 1980 The editor-in-chief is Pierre Dal Zotto ( Grenoble Ecole de Management). Abstracting and indexing The journal is abstracted and indexed in: *ABI/INFORM *EBSCO databases *ProQuest databases *Scopus Scopus is a scientific abstract and citation database, launched by the academic publisher Elsevier as a competitor to older Web of Science in 2004. The ensuing competition between the two databases has been characterized as "intense" and is c ... Notable articles Over the years, the journal published several influential articles that have shaped the discourse in business strategy. Notable contributions include: * * * * * References External links *{{Official website, https://www.emerald.com/insight/publica ...
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Reputation
The reputation or prestige of a social entity (a person, a social group, an organization, or a place) is an opinion about that entity – typically developed as a result of social evaluation on a set of criteria, such as behavior or performance. Reputation is a ubiquitous, spontaneous, and highly efficient mechanism of social control. It is a subject of study in social, management, and technological sciences. Its influence ranges from competitive settings, like markets, to cooperative ones, like firms, organizations, institutions and communities. Furthermore, reputation acts on different levels of agency: individual and supra-individual. At the supra-individual level, it concerns groups, communities, collectives and abstract social entities (such as firms, corporations, organizations, countries, cultures and even civilizations). It affects phenomena of different scales, from everyday life to relationships between nations. Reputation is a fundamental instrument of social order, b ...
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Volkswagen
Volkswagen (VW; )English: , . is a German automotive industry, automobile manufacturer based in Wolfsburg, Lower Saxony, Germany. Established in 1937 by German Labour Front, The German Labour Front, it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst. The company is well known for the Volkswagen Beetle, Beetle and serves as the flagship marque of the Volkswagen Group, which became the world's largest automotive manufacturer by global sales in 2016 and 2017. The group's largest market is automotive industry in China, China (including Hong Kong and Macau), which accounts for 40% of its sales and profits. The name derives from the German words and , meaning . History 1932–1944: People's Car project Volkswagen was established in 1937 by the German Labour Front () as part of the Strength Through Joy () program in Berlin. In the early 1930s, cars were a luxury—most Germans could afford nothing more elaborate than a mo ...
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Dieselgate
The Volkswagen emissions scandal, sometimes known as Dieselgate or Emissionsgate, began in September 2015, when the United States Environmental Protection Agency (EPA) issued a notice of violation of the Clean Air Act to German automaker Volkswagen Group. The agency had found that Volkswagen had intentionally programmed turbocharged direct injection (TDI) diesel engines to activate their emissions controls only during laboratory emissions testing, which caused the vehicles' output to meet US standards during regulatory testing. However, the vehicles emitted up to 40 times more in real-world driving. Volkswagen deployed this software in about 11 million cars worldwide, including 500,000 in the United States, in model years 2009 through 2015. Background Introduction In 2013, the International Council on Clean Transportation (ICCT) commissioned the West Virginia University Center for Alternative Fuels Engines and Emissions (WVU CAFEE) to test on-road emissions of d ...
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Martin Winterkorn
Martin Winterkorn (born 24 May 1947) is a German former business executive who served as chairman of the board of management ( CEO, ''Vorstandsvorsitzender'' in German) of Volkswagen AG, the parent company of the Volkswagen Group, as well as chairman of the supervisory board of Audi, and chairman of the board of management of Porsche Automobil Holding SE. He succeeded Bernd Pischetsrieder as CEO of Volkswagen AG in 2007. Prior to that, he had been chairman of the board of management at the Volkswagen Group subsidiary Audi AG. Winterkorn resigned from Volkswagen on 23 September 2015 after the Volkswagen emissions scandal came to light. He resigned as chairman of Audi on 11 November 2015, following the disclosure of further information regarding VW's gasoline-powered engines in connection to the scandal. Winterkorn also served on the board of supervisors for German football club Bayern München from 22 February 2003 until 18 December 2018. He is credited with fostering a succe ...
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Wells Fargo
Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide. It is a systemically important financial institution according to the Financial Stability Board, and is considered one of the "Big Four (banking)#United States, Big Four Banks" in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup. The company's primary subsidiary is Wells Fargo Bank, N.A., a National bank (United States), national bank that designates its Sioux Falls, South Dakota, site as its main office (and therefore is treated by most U.S. federal courts as a citizen of South Dakota).Rouse v. Wachovia Mortgage, FSB', 747 F.3d 707 (9th Cir. 2014) (citing cases on each side of circuit split and joining majority rule that a national bank is only a citizen of the state in which its main office is located). It is the List of largest banks in the U ...
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Business Ethics
Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. These ethics originate from individuals, organizational statements or the legal system. These norms, values, ethical, and unethical practices are the principles that guide a business. Business ethics refers to contemporary organizational standards, principles, sets of values and norms that govern the actions and behavior of an individual in the business organization. Business ethics have two dimensions, normative business ethics or descriptive business ethics. As a corporate practice and a career specialization, the field is primarily normative. Academics attempting to understand business behavior employ descriptive methods. The range and quantity of business et ...
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Crisis Management
Crisis management is the process by which an organization deals with a disruptive and unexpected event that threatens to harm the organization or its stakeholders. The study of crisis management originated with large-scale industrial and environmental disasters in the 1980s.ASIS International, "Organizational Resilience: Security, Preparedness, and Continuity Management Systems-Requirements with Guidance for Use, ASIS SPC.1-2009, American National Standard", 2009 It is considered to be the most important process in public relations. Three elements are common to a crisis: (a) a threat to the organization, (b) the element of surprise, and (c) a short decision time. Venette argues that "crisis is a process of transformation where the old system can no longer be maintained". Therefore, the fourth defining quality is the need for change. If change is not needed, the event could more accurately be described as a failure or incident. In contrast to risk management, which involves a ...
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Management
Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a Government agency, government bodies through business administration, Nonprofit studies, nonprofit management, or the political science sub-field of public administration respectively. It is the process of managing the resources of businesses, governments, and other organizations. Larger organizations generally have three Hierarchy, hierarchical levels of managers, organized in a pyramid structure: * Senior management roles include the board of directors and a chief executive officer (CEO) or a President (corporate title), president of an organization. They set the strategic goals and policy of the organization and make decisions on how the overall organization will operate. Senior managers are generally executive-level professionals who provide direction to middle management. Compare governance. * Middle management roles include branch managers, regional managers, ...
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Marketing Strategy
Marketing strategy refers to efforts undertaken by an Organizational structure, organization to increase its sales and achieve competitive advantage. In other words, it is the method of advertising a company's products to the public through an established plan through the meticulous planning and organization of ideas, data, and information. Strategic marketing emerged in the 1970s and 1980s as a distinct field of study, branching out of strategic management. Marketing strategies concern the link between the organization and its customers, and how best to leverage resources within an organization to achieve a competitive advantage. In recent years, the advent of digital marketing has revolutionized strategic marketing practices, introducing new avenues for customer engagement and data-driven decision-making. Marketing management versus marketing strategy The terms “strategic” and “managerial” marketing distinguish between two processes, each with different goals and concep ...
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