Power plays in business life

IE356 PresentationPower Plays In Business Life

Burak OZAY201037010

04.05.2015

What is the Power in business life?

• Basically power is the ability to make somebody to do something and the doing something normal people can not.

Why power is important?

• According to most people ‘to have power is better than to have money’

How to be Powerful

To be powerful has some needs ;- Money is not power but money can make people powerful- Have good Managing ability- To be Charismatic- Salutation skills- Social standing- Hard to reach- Last and most important one is BEİNG GOOD AT WHAT YOU

DO!!!

How to be Powerful

- To catch the best oppurtunity- Well Calculating the risks- When we look at the successful and powerful people we

commonly see one thing,they always good at least one criteria.This can be good managing skills,well-known the market circumtances,hard-working etc.

Corporate Takeover

• Takeover is an acquiring of stocks in order to obtain controlling and possession at company, out of the desires of other company's administration and partners. Integration of inter-company mergings doesn't always occur with desire and mutual agreement. Management of Target Company may challenge to this takeover

• There are 214 mergers and takeovers happened in Turkey (2014

• Two types takeover exist

• Friendly takeovers : In a friendly takeover, a public offer of stock or cash is made by the acquiring firm, and the board of the target firm will publicly approve the buyout terms, which may yet be subject to shareholder or regulatory approval

Corporate Takeover2-)Hostile Takeovers

• Hostile Takeovers : The acquisition of one company (called the target company) by another (called the acquirer) that is accomplished not by coming to an agreement with the target company's management, but by going directly to the company's shareholders or fighting to replace management in order to get the acquisition approved. A hostile takeover can be accomplished through either a tender offer or a proxy fight.

Corporate Takeover2-)Hostile Takeovers

• The 5 biggest hostile takeovers I- AOL AND TIME WARNER, $164BN, 2000 II- SANOFI-AVENTIS AND GENZYME CORP, $24.5BN, 2010 III-NASDAQ OMX/INTERCONTINENTALEXCHANGE AND

NYSE EURONEXT, $13.4BN, 2011 IV-ICAHN ENTERPRISES AND CLOROX, $11.7BN, 2011 V- AIR PRODUCTS & CHEMICALS AND AIRGAS, $7.94BN,

2010

Methods of takeovers A-) Bear hug :An offer made by one company to buy the shares of another for a much higher per-share price than what that company is worth. A bear hug offer is usually made when there is doubt that the target company's management will be willing to sell.

Methods of takeovers B-) Proxy contests in support of a takeover :When a group of shareholders are persuaded to join forces and gather enough shareholder proxies to win a corporate vote. This is referred to also as a proxy battle.

• Methods of takeovers • C-) Purchasing target stock in the open market :When the CEO and top managers of a company

decide that they want to do a merger or acquisition, they start with a tender offer. The process typically begins with the acquiring company carefully and discreetly buying up shares in the target company, or building a position. Once the acquiring company starts to purchase shares in the open market, it is restricted to buying 5% of the total outstanding shares before it must file with the SEC

• In that situation target company may have some response acts;

• A-) Accept the Terms of the Offer• B-) Attempt to Negotiate• C-) Execute a Poison Pill or Some Other Hostile Takeover Defense• D-) Find a White Knight• E-) Closing the Deal

• Methods of takeovers • D-)Signing the proxies (Majority System) : Convincing the shareholders and make

them voted against current management with this way management will be weaker and lose the allies .

• Methods of takeovers • E-)Litigation : To opening a suit against to purchaser company,thereby violation of

right.Meanwhile the purchaser company may open a suit to the target company,thereby wrong management,less profit etc.

Poison Pill Tactics : These are the tactics used by current companies owners against potential hostile controllers.

• Pacman defense:A defensive tactic used by a targeted firm in a hostile takeover situation. In a Pac-Man defense, the target firm turns around and tries to acquire the other company that has made the hostile takeover attempt. This term has been accredited to Bruce Wasserstein, chairman of Wasserstein & Co.

Takeover defenses against buyer company in general form• Greenmail• Standstill agreement• Pac-man defense• White knights • Employee stock ownership plans• Recapitalization• Share buy-back plans• Corporate restructuring• Litigation• “Just say no”

• Let see somebody powerful

Geoge SOROS

George SOROS(1930-…..)• George SOROS is the founder of Soros Fund Management LLC.He

graduated from London school of economics• Net worth : 24.2 billion $• He also known as "The Man Who Broke the Bank of England" after

speculating on the Pound Sterling, believing it was overvalued.It is happened at 1992 and it is called as “Black Wednesday”

• He has the power he can manupulate world markets • Soros is founder and chairman of the Open Society Institute, an

organization that supports activities in more than 50 countries worldwide.

George SOROS

• He donated huge money to the East Eureropean Countries like Ukraine , Serbia.Also these donations is bigger than the money that The United Nations donated to these countries.

• According to many people his donations are always about politics .

• But these huge donations are not just about to doing favour , after these donations George Soros had a voice in these country’s government and effects them to directions on what he wants to be.

• At an interview George SOROS said that “ I gave financial support the Velvet Revolotion in Georgia (1989) “.

George SOROS

• George SOROS is the one of the most important example about Power Plays in business life

The Rothschild Family

The Rothschild Family

• The richest family on the Earth• The father Mayel Rothschild was born in 1744 Frankfurt,he

has five childrens and after they growned up he splitted all brothers to the different big europe cities . At the 19th they completed the several banks.

• The family manages all money flow at the world.• The Rothschild Family aims the New World Order.• According to estimatings, The Rothschild Family had 3

Trillion $ before 2000’s.• Israel was established thanks to this family.

The Rothschild Family’s Mansion• Weddeston Mansion

The Rothschild Family

• They manage %65 of diamond trade , %40 of gold trade , % 15 Copper-Uranium trade on the Earth.

• HSBC , Ing bank , Aviva , BP , Royal Dutch these are just a few of their companies.

• They also are the financier of very huge companies like Bosch,Siemens at setting up time and the more important thing is they were the financier of Rockefeller family.

• They were financier of every war happened after 1800’s and still they are effecting all the governments and make them whatever they need.THAT İS THE POWER PLAY EXACTLY.