Caterpillar CEO Doug Oberhelman gave a presentation followed by a question and answer session yesterday at The New York Stock Exchange to review the company's updated five-year strategy and goals with analysts and investors.

Oberhelman expressed confidence about Caterpillar's growth opportunities throughout the world and the company's strategic focus on operational execution, which will drive financial performance over the next five years.


Aberdeen-based exploration firm Dana Petroleum has received a £1.87 billion hostile takeover offer from South Korea's state-owned oil company KNOC.

The offer is equivalent to £18 per share—59 per cent above Dana's share price of £11.51 prior to KNOC’s interest first being announced.

Dana’s board rejected approaches from KNOC earlier this month.


Building a green supply chain might be an easier process than it first appears. Paul Tatam, sales and marketing director EMEA at Inovis, a GXS company, looks at some tangible steps organisations can take to reduce their impact on the environment.

 


It is tempting to think of supply chain risk in terms of a catastrophic and unpredictable event; but potential threats are often closer and more preventable than many people think, as Andrew Kinder explains.

 

Even without the recent turbulence in the capital markets, executive minds were already spinning with the relentless onslaught of events in the past year that have threatened to disrupt their continuity of supply.


The World Cup didn’t teach us anything we didn’t already know about the England team; but it will provide valuable lessons for CIOs and network managers, says Adrian Thirkill, global customer operations director, Easynet Global Services.

 

While this summer’s World Cup may not live long in the memory for those in England, it may nonetheless be recognised as a turning point in the consumption of online video content.


Chris Moyer, EMEA chief technologist with HP Enterprise Services, outlines ways of ensuring that today’s innovation doesn’t become tomorrow’s legacy.

 


As widely expected, General Motors has filed papers with the Securities and Exchange Commission as the first step towards an initial public offering (IPO) which is expected to be one of the largest in US history.

A GM IPO is expected to raise anything between $12 billion and $20 billion. The record for the largest IPO is currently held by Visa, which raised $19.7 billion in 2008.


UK satellite telecommunications company Inmarsat is to receive almost £218 million over the next 18 months from a co-operation agreement with US communications group LightSquared.

The agreement between LightSquared and Inmarsat aims to increase the contiguous broadband spectrum available to both companies and give LightSquared increased flexibility to roll out its fourth-generation (4G) network in the US. This will allow users without their own wireless network or limited geographic coverage to develop and sell their own devices, applications and services.


Many corporations like to think they have best practice processes already in place. Richard Ilsley of Synogis highlights the top 10 fundamental issues that must be considered with respect to any best practice process.

It is hard to find an organisation that is not using the term ‘best practice’ somewhere within its sales operation. It seems that no matter where you go, someone is talking about it and everyone wants it. But what is it and how do we know when we have it?