Description: Piano-building was once one of the country’s largest industries. Today, only two companies remain in business. Source: TheHustle.co Date: Sep 29, 2022 Link: https://link.thehustle.co/view/61200bfe5acd1b72de2e7829hcmwm.d74a/f28d4c31 Questions for discussion: Summarize the history of the industry. How has the customer changed over time? Who are the competitors today? Is there a way to rejuvenate the industry? What… Read more »
Posts Categorized: Decision Making
Warren Buffett Says Your Overall Happiness in Life Really Comes Down to 4 Simple Words
Description: Warren Buffett gave one of his best lectures to students at the University of Florida’s school of business over two decades ago. As it happened, one of the MBA students popped Buffett a question, asking the billionaire what he would do to live a happier life if he could start all over again. Buffett’s response? He’s held an enduring level… Read more »
5 Sure-Fire Member Retention Strategies for Your Organization
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 »
Mark Cuban Says the Worst Career Advice Is ‘Follow Your Passion.’ What Should You Do Instead?
Description: Turns out it’s something you already do. You just need to turn it up a notch. Source: INC.com Date: Sep 21, 2022 Link: https://www.inc.com/jeff-haden/mark-cuban-says-worst-career-advice-is-follow-your-passion-what-should-you-do-instead.html?utm_source=newsletters&utm_medium=email&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGG_s0bJ4rgO6-Ha4lfXKGHNmrUVBgsf9USSn96kvl21rxRpUyVC1h5Fm2L9rB4yzkHDbrt0menfW10UTIdXAGI6Xw1jRVgdymDiaKb9w Questions for discussion: What is Mark Cuban’s advice? Do you think it applies well to most people? Do you think most people follow this advice?
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 »
Fred Franzia, creator of ‘Two Buck Chuck’ and champion of affordable wine, has died
Description: Fred Franzia, the man behind the famous “Two Buck Chuck,” died on Tuesday at age 79. Source: NPR.org Date: Sep 15, 2022 Link: https://www.npr.org/2022/09/15/1123070279/fred-franzia-two-buck-chuck-wine-bronco-dies Questions for discussion: What does the article say about the marketing of wine and consumer perception of price, in particular? Do you think $2 wine could sell as well in… 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 »
