Lovoi Presentatiom

Link for the main post from Ms Lovoi presentation
https://www.consumerreports.org/consumer-reports/annual-meeting-consumer-reports/

For this assignment, u are required to write one main post and 2 responses to classmates.
Begin responses as Hello …., I agree with…

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Response 1)
Edmond W.
Comments on Lovoi Presentation
Ms Lovoi provided a great deal of valuable information regarding the background and history of Consumer Reports, and her own personal history, education, and work experience serving in various boards. She made some great points regarding consumer power and the focus on a fair marketplace. She emphasized how she worked diligently moving Consumer Reports into providing services, not just products. I also agree with the strategies they implemented in diversifying their offerings through the different people they serve. Expanding their products and services to all geographies and ethnicities shows how they are reaching their marketplace for the inclusion of every individual. As stated in her presentation, “We band together to move the marketplace. We want to change things. When we all come together and through Consumer Reports we can push for fair regulation of the money that immigrants send home, we have a powerful voice…”
Additionally, I also enjoyed the valuable insight she provided in her role in the Board of Directors and the day-to-day activities she works on. She explained how she develops the vision and mission of the organization through a strategic planning task force. She implemented a “level-table” type of strategic planning in which equal numbers of senior staff and board members are part of this process so everyone can be in accordance and be of the same mind/opinion. Other important duties she is involved in is hiring the CEO with the taskforce, ensuring adequate financial resources for their organization, recruiting for their board, and guaranteeing high standards as a non-profit in ethical and legal behaviours. As an average individual looking from the outside, you do not get to witness the inner workings and strategic planning that is involved with the Board of Directors. However, Ms Lovoi presented useful, relevant, and knowledgeable information on how important these processes are in the functioning of Consumer Reports.

Response 2)
Mohsin M.
Ms Lovoi Presentation I enjoyed Ms Lovoi’s presentation because I was always eager to know how boards select/elect CEOs. It was great to know the check and balance system, that CEO can be a part of the board, but they cannot vote. Her experience with consumer reports, education, career and story of her career was interesting to me. I think the professor should bring more guest speakers like this, from C level management of different companies. It will give us more opportunities to ask questions and know strategies. For more information on Lovoi Presentation check on this: https://en.wikipedia.org/w/index.php?search=Lovoi+Presentatiom&title=Special%3ASearch&go=Go&ns0=1

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