TomTom, the Dutch company famous for satellite navigation or satnav systems released their latest set of financial results last week. They reported a drop of 29% in quarterly profits with net profits for the final quarter of 2010 of €52 million compared with €72 million for the corresponding period in the previous year.

For CIMA students that are studying the Enterprise pillar papers this is a timely real life reminder of some key strategic issues.

The New York Times was first published in 1851 and Eastman Kodak was founded in 1892. Both are American legends through and through with a worldwide reputation.

Whilst the NYT and Kodak have had incredible success over the years they have both recently faced a number of pretty significant challenges to their business models.

Another milestone will be passed this week on the epic journey of corporate governance when the UK Financial Reporting Council (FRC) issues its revised corporate governance code for UK listed companies.  This follows a year-long review and reflects governance thinking in the light of the global financial crisis.  For another example of a post-crisis code, take a look at the King III report from South Africa which I looked at in a previous post.