1. Samsung Engineering has created employee empowerment programs like "You Are CEO" where employees discuss business ideas and one acts as CEO for 30 minutes. This gives employees a sense of ownership and insight into their ideas and concerns. 2. Financial analysis can provide leads for strategy formulation, like identifying the breakeven point from ratios. Management must converge strategy with financial realities based on models like core competence determination. 3. There are different approaches to valuing a firm or its assets, such as liquidation value, going concern value, book value, and market value. A firm's value comes from present and future cash flows discounted by the cost of capital.