Target and Walmart prove the pandemic e-commerce surge won’t reverse

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Description: Walmart and Target both reported stellar third-quarter earnings this week, sending their shares soaring. And once again, the biggest headline for both was e-commerce. Walmart (WMT) said its online sales rose 79% in the quarter. Target (TGT) said its online sales rose 155%. Source: Yahoo.Finance.com – video report Date: Nov 20, 2020 Link: https://ca.finance.yahoo.com/news/target-and-walmart-prove-the-pandemic-ecommerce-surge-wont-reverse-133454888.html Questions for discussion:… Read more »

8VC founder Joe Lonsdale on why he decided to move this company from California to Texas

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Description: 8VC founding partner and Palantir co-founder Joe Lonsdale wrote in an op-ed for the Wall Street Journal this week about why he decided to move his company from California to Texas. He joins ‘Power Lunch’ to discuss what tipped him over the edge and the reasons behind the decision. Source: CNBC.com – video report… Read more »

We’re starting to see some long-term scars in the U.S. labor market: Morning Brief

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Description: Layoffs hit a record low in September, but permanent job losers are skyrocketing. Yahoo Finance’s Myles Udland breaks down today’s Morning Brief on Yahoo Finance Live. Source: Yahoo.Finance.com – video report Date: Nov 12, 2020 Link: https://ca.finance.yahoo.com/video/were-starting-see-long-term-152158910.html Questions for discussion: What does the report say about employment numbers and specific sectors in the economy?… Read more »

Hard Lessons and Simple Routines Helped These Founders Beat the Stress of 2020

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Description: How confronting personal crises led one company’s co-founders to emerge stronger. Source: INC.com Date: Nov 12, 2020 Link: https://www.inc.com/magazine/202011/cameron-albert-deitch/front-mathilde-collin-laurent-perrin-cancer-depression-crisis.html Questions for discussion: What are the lessons managers and entrepreneurs should take away from this article? Are there more general lessons about life and work balance and the challenges we deal with?

Chairman of Elite Wine Group Resigns Amid Its Sexual Harassment Scandal

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Description: Devon Broglie is the latest figure in the Court of Master Sommeliers to be accused of an inappropriate relationship. Source: NYTimes.com Date: Nov 06, 2020 Link: https://www.nytimes.com/2020/11/06/dining/drinks/court-master-sommeliers-chairman-resigns.html Questions for discussion: How can the organization deal with this public issue in the short term? What can they do longer-term to reduce the chances of a… Read more »

Posthaste: Working Canadians are showing the strain of 7 months of pandemic, not only in our state of mind, but on the job

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Description: Employers need to check in with their employees ‘or risk detrimental and long-term impacts on business performance’ Source: FinancialPost.com Date: Nov 12, 2020 Link: https://financialpost.com/executive/executive-summary/posthaste-posthaste-nov-12-nearly-half-of-working-canadians-say-they-need-help-and-its-hurting-our-productivity Questions for discussion: What does the report say is happening to working Canadians? What should management be doing about these developments?

Lyft Co-founder on food delivery opportunities, future of ridesharing

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Description: Lyft Co-founder John Zimmer joins Yahoo Finance’s Brian Sozzi, Myles Udland, and Julie Hyman to discuss how the ride sharing company is faring amid COVID-19. Source: Yahoo.Finance.com – video report Date: Nov 12, 2020 Link: https://ca.finance.yahoo.com/video/lyft-co-founder-food-delivery-153323158.html Questions for discussion: How well is Lyft managing during this time of covid? What are the ways Lyft… Read more »

Beyonce, Peloton strike multiyear content partnership, sending bike maker’s shares higher

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Description: The bike maker Peloton announced Tuesday morning a multiyear partnership with singer-songwriter Beyonce to produce exclusive content with her music for its streamed workout classes. Source: CNBC.com – video report Date: Nov 10, 2020 Link: https://www.cnbc.com/2020/11/10/beyonce-and-peloton-in-multiyear-content-deal.html Questions for discussion: Explain the fit between these two brands. Why has the stock done so well? What further advice… Read more »

The White Issue: Has Anna Wintour’s Diversity Push Come Too Late?

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Description: Vogue’s September issue celebrated Black culture and contributors. But some employees say the magazine’s powerful editor fostered a workplace that sidelined women of color. Source: NYTimes.com Date: Oct 24, 2020 Link: https://www.nytimes.com/2020/10/24/business/media/anna-wintour-vogue-race.html Questions for discussion: What does the article say about the diversity issue at the firm and within the industry? What would you… Read more »

Walmart reportedly ends contract with inventory robotics startup Bossa Nova

Posted by & filed under Control, Decision Making, Management, Organizational Behavior.

Description: Robotics and automation startups have seen a strong uptick in interest over the course of the pandemic. And it’s easy to see which companies have a newfound interest in automating their workforce amid a seemingly endless virus-driven shutdown. But Walmart, which has long promised to take an increasing focus on such technology, has reportedly pulled the… Read more »