Description: It is typically 7 to 10 times cheaper to retain a member than it is to acquire a new one. So, if you want to grab these individuals before they go and hold on to the valued members of your organization, use these five sure-fire member retention strategies. Source: Rasa.io Date: Sep 15, 2022 Link:… Read more »
Posts Categorized: Control
Broken Links: How labour shortages in Canada’s freight industries keep goods from moving
Description: Truckers say reforms are needed for an industry where labour shortages are getting worse Source: FinancialPost.com Date: Sep 20, 2022 Link: https://financialpost.com/the-logic/broken-links-how-labour-shortages-in-canadas-freight-industries-keep-goods-from-moving Questions for discussion: Summarize the state of the industry and relations between drivers and the firms they serve, as described in this report. What are the demands made by drivers? What are… Read more »
Business Owners Make a Strong Case for Responding to Online Reviews
Description: In this episode, hear from several business owners about how they use online reviews to strengthen their business practices, boost morale, and encourage customers to return again and again. Source: Entrepreneur.com Date: Sep 16, 2022 Link: https://www.entrepreneur.com/growing-a-business/business-owners-make-a-strong-case-for-responding-to-online/435523 Questions for discussion: With respect to responsiveness to online reviews and communications, what is the advice to… Read more »
How LinkedIn Became a Place to Overshare
Description: “This isn’t Facebook,” users complain. But others are finding it a valuable place to talk about much more than work. Source: NYTimes.com Date: Sep 16, 2022 Link: https://www.nytimes.com/2022/09/16/business/linkedin-overshare.html Questions for discussion: How has LinkedIn changed? Why do you think this has happened? Has this change made LinkedIn better or worse as a medium for… Read more »
Biden pushed railways, unions to ‘be creative’ and ‘flexible’ to reach a deal and avoid a shutdown, White House says
Description: President Joe Biden urged railway executives and union leaders to be creative and flexible in finding a compromise to avoid a shutdown that could have disrupted the transport of goods across the U.S., White House Press Secretary Karine Jean-Pierre said. Source: CNBC.com – video report Date: Sep 15, 2022 Link: https://www.cnbc.com/2022/09/15/biden-pushed-railways-unions-to-be-creative-white-house-says.html Questions for discussion: What does… Read more »
Indigo’s new CEO Peter Ruis hopes to make retailer ‘bigger and bolder’
Description: Promotion ushers in a new era for Canada’s largest book store Source: FinancialPost.com Date: Sep 09, 2022 Link: https://financialpost.com/news/retail-marketing/indigos-new-ceo-peter-ruis-hopes-to-make-retailer-bigger-and-bolder Questions for discussion: Based on information in this article, what makes Peter Ruis a good choice for this managerial position, in your opinion? What advice would you pass along to him that would help Indigo?… Read more »
Peloton co-founders John Foley and Hisao Kushi are leaving the company in a broad executive shakeup
Description: Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCarthy dramatically reshapes the business. Source: CNBC.com – video report Date: Sep 13, 2022 Link: https://www.cnbc.com/2022/09/12/peloton-co-founders-john-foley-hisao-kushi-are-leaving-company.html Questions for discussion: What has happened at the firm… Read more »
Change Doesn’t Happen in a Day. That’s Why Consistency Is Key.
Description: Changing is an incremental, repetitive task that takes time. But if you earnestly do your best to better yourself, you will succeed. Source: Entrepreneur.com Date: Sep 01, 2022 Link: https://www.entrepreneur.com/leadership/change-doesnt-happen-in-a-day-so-stop-expecting-it-to/432656 Questions for discussion: Summarize what the article says about making change happen. Do you agree with this prescription for orchestrating change? What would you… Read more »
The 3 worst mistakes bosses can make during a recession that lead employees to quit
Description: In regular times, good bosses can be hard to find. Turbulent economic conditions — like a potentially looming recession — can make it so much worse. Source: CNBC.com – video report Date: Sep 10, 2022 Link: https://www.cnbc.com/2022/09/10/worst-mistakes-bosses-can-make-during-recessions-make-employees-quit.html Questions for discussion: Do you agree with this analysis? What would you add to the discussion?
Move over, quiet quitting — frugality is the latest trend in work-life balance
Description: Call it spending less to work less. The pandemic-fueled generational shift in attitudes toward work has led to the Great Resignation, the antiwork movement and now quiet quitting. But the quest for better work-life balance is also shedding new light on an old strategy: accepting lower pay for a less-demanding job. Source: BNNBloomberg.ca – video report Date: Sep 02, 2022 Link:… Read more »
