Description: A ransomware attack compromised the data of current and former employees at Canada’s biggest bookstore chain, Indigo Books & Music Inc. says. In a statement on its website, Indigo said the breach on Feb. 8 left no indication that customers’ personal information, such as credit card numbers, had been accessed, but that “some employee… Read more »
Posts Categorized: Control
The Future Is AI-ncredible – Why Every Organization Needs To Embrace AI Technology
Description: Here’s my hot take on ChatGPT and other AI-assisted writing and editing tools: I know they work, mostly because no one has been able to notice when I am (or when I am not) using them (like right now?). And, if that isn’t the power of helping to create better work (with what feels… Read more »
Inside Peloton’s rapid rise and bitter fall — and its attempt at a comeback
Description: The fitness company is now a year into an aggressive turnaround plan under CEO Barry McCarthy that has altered the company’s identity. Source: CNBC.com Date: Feb 19, 2023 Link: https://www.cnbc.com/2023/02/19/peloton-rise-fall-attempted-comeback.html Questions for discussion: Summarize the turnaround effort at the firm and the directions management is now pointing towards. Do you think the revised orientation… Read more »
YouTube CEO Susan Wojcicki says she’s stepping down
Description: YouTube CEO Susan Wojcicki said Thursday that she’s stepping down. Neal Mohan, chief product officer, will take the lead as the senior vice president and new head of YouTube. Source: CNBC.com Date: Feb 16, 2023 Link: https://www.cnbc.com/2023/02/16/youtube-ceo-susan-wojcicki-says-shes-stepping-down.html Questions for discussion: How would you evaluate Susan Wojcicki’s career in terms of her management of YouTube development? Would you… Read more »
Crisis Leadership: Harness the Experience of Others
Description: In this Nano Tool for Leaders, Wharton Dean Erika James and Simmons University President Lynn Perry Wooten explain how “vicarious learning” can prepare you and your team to weather any crisis. Source: knowledge.wharton.upenn.edu/ Date: Feb 14, 2023 Link: https://knowledge.wharton.upenn.edu/article/crisis-leadership-harness-the-experience-of-others/?utm_campaign=KatW2023&utm_medium=email&utm_source=kw_campaign_monitor&utm_term=2-15-2023&utm_content=Crisis_Leadership:_Harness_the_Experience_of_Others Questions for discussion: Summarize the process described in this article. What is the relationship between… Read more »
Companies Should Revise Their Core Values Every 2 to 3 Years. Here’s Why (and How)
Description: As your company evolves, so should its core values. Here are four steps to revising them. Source: INC.com Date: Feb 14, 2023 Link: https://www.inc.com/heidi-zak/companies-should-revise-their-core-values-every-2-3-years-heres-why-how.html Questions for discussion: Why is it important for a company to revise its core values every few years? Summarize the process as described in this article. How do you think… Read more »
Suncor’s truce with activist investor faces test as CEO search drags on
Description: 7 months into search for new CEO signs some shareholders are losing patience Source: FinancialPost.ca Date: Feb 14, 2023 Link: https://financialpost.com/commodities/energy/oil-gas/suncor-activist-investor-truce-faces-test Questions for discussion: How is the search for a new CEO going, according to the report? How is the activist investor affecting the process? What does the activist investor expect to change, as… Read more »
Turmoil In Toyland? Mattel Sales Tumble, Hasbro Has Layoffs
Description: Toyland is a treacherous place these days, and Mattel is the latest victim. Quarterly sales for the company plummeted 22%, and earnings missed forecasts. Source: MediaPost.com Date: Feb 10, 2023 Link: https://www.mediapost.com/publications/article/382432/turmoil-in-toyland-mattel-sales-tumble-hasbro-ha.html?utm_source=newsletter&utm_medium=email&utm_content=readnow&utm_campaign=129253&hashid=7T9TCmQZSDGbnu-424RuBQ Questions for discussion: Is this a marketing, management or financial problem? What are the possible explanations for these financial results? How does… Read more »
Haunted By Kanye Deal, Adidas Posts Warning
Description: Adidas is launching a new line with actress Jenna Ortega Adidas unexpectedly updated its financial guidance for the coming year, warning investors that the aftershocks of its dealing with Ye, the rapper formerly known as Kanye West, keep on coming. If it does not sell the existing Yeezy stock, it could lower sales by… Read more »
Will Salary Transparency Become Standard?
Description: Wharton’s Matthew Bidwell thinks the slew of new salary transparency laws sweeping the nation will help advance pay equity, although it may not raise salaries overall. Source: knowledge.wharton.upenn.edu/ Date: Feb 07, 2023 Link: https://knowledge.wharton.upenn.edu/podcast/wharton-business-daily-podcast/will-salary-transparency-become-standard/?utm_campaign=KatW2023&utm_medium=email&utm_source=kw_campaign_monitor&utm_term=2-8-2023&utm_content=Will_Salary_Transparency_Become_Standard Questions for discussion: Summarize the arguments over salary transparency. How is greater transparency expected to influence workplace relationships? What are… Read more »
