Elon Musk Just Said MBAs Are Overrated, and He’s Dead Right

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

Description: MBA graduates may be good at PowerPoint but they don’t know how things really work. Source: Inc.com Date: Feb 08, 2021 Link: https://www.inc.com/geoffrey-james/elon-musk-just-said-mbas-are-overrated-hes-dead-right.html Questions for discussion: What is the basis of Elon Musk’s commentary about managers and the MBA graduate? Do you agree with this sentiment? What is the solution for the MBA?  

SPOS #761 – Dave Crenshaw On How To Master Your Productivity

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Description: Here it is: Six Pixels of Separation – Episode #761 – Host: Mitch Joel. There are days when I am not feeling at all productive. I usually think to myself, “WWDCD?” Or… “What Would Dave Crenshaw Do?” That’s how much Dave has inspired me, since we both met in a mastermind that was formulated during the early days… Read more »

Reddit, the Talk of the Internet, Raises $250 Million

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Description: The start-up, which was at the center of a recent stock market frenzy, was valued at $6 billion in the new funding round. Source: NYTimes.com Date: Feb 08, 2021 Link: https://www.nytimes.com/2021/02/08/technology/reddit-raises-250-million.html Questions for discussion: What makes Reddit a special type of social media? What is their revenue source? What will they use the investment… Read more »

2 Prominent ‘New York Times’ Journalists Depart Over Past Behavior

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Description: Two widely heralded journalists for The New York Times departed the paper Friday after unrelated episodes of their past behavior received sharp new scrutiny from other media outlets, readers and colleagues. Source: NPR.org Date: Feb 06, 2021 Link: https://www.npr.org/2021/02/06/964618301/two-prominent-new-york-times-journalists-depart-over-past-behavior Questions for discussion: What is the story here from a human resource management point of view? Was… Read more »

Coca-Cola pens letter committing to diversity initiatives

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Description: Bradley Gayton, General Counsel at The Coca-Cola Company, joins Yahoo Finance’s Kristin Myers to discuss the company’s plan to boost diversity efforts in 2021. Source: Yahoo.Finance.com – video report Date: Feb 01, 2021 Link: https://ca.finance.yahoo.com/video/coca-cola-pens-letter-committing-194813112.html Questions for discussion: What is the plan at Coca-Cola? What do you think about this targeted effort? What else… Read more »

Jesse Kline: Out-of-business Canadian retailers only have themselves to blame

Posted by & filed under Control, Decision Making, Leadership, Management, Strategy.

Description: Amazon makes billions because it is easy to use and others should copy its free shipping model and other conveniences Source: NationalPost.com Date: Feb 04, 2021 Link: https://nationalpost.com/opinion/jesse-kline-amazon-made-jeff-bezos-billions-because-the-store-is-easy-to-use-others-should-copy-it Questions for discussion: Summarize the key criticisms of Canadian retailers, as presented in the article. Do you think this is fair criticism of management? What are… Read more »

Here’s what really happens to the items you return online

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Description: You open up the box. For whatever reason, you don’t like it.  So, you send it back…for free. No questions asked. The retailer pays for the shipping costs and already is losing money. Immediately the hourglass of profit turns. Each grain of sand, a few cents dropping from the original price of that air fryer. Source: CNN.com – video… Read more »

Amazon CEO Jeff Bezos is stepping down — here’s why Amazon stock isn’t crashing

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Description: Amazon (AMZN) founder and CEO Jeff Bezos is a once in a generation inventor that has fundamentally changed how humans buy stuff and interact with the internet. Source: Yahoo.Finance.com Date: Feb 03, 2021 Link: https://ca.finance.yahoo.com/news/amazon-ceo-jeff-bezos-is-stepping-down-heres-why-amazon-stock-isnt-crashing-230652383.html Questions for discussion: From a managerial point of view, explain why Amazon stock is basically unaffected by the news… Read more »

What ‘The Weirdest Job in Football’ Can Teach Us About Finding Ways to Win in Business

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Description: Throw-ins are an often-overlooked aspect of football that can create goal-scoring opportunities. Here’s how that can translate to business. Source: Entrepreneur.com Date: Jan 26, 2021 Link: https://www.entrepreneur.com/article/364109 Questions for discussion: What are the ideas suggested to managers in this article? Do you think they make sense and are practical in real business situations?

Using Data In Service To The People

Posted by & filed under Communication, Decision Making, Ethics & Social Responsibility, Management.

Description: Jan. 28 is Data Privacy Day (known in Europe as Data Protection Day), which is observed in the United States, Canada, Israel and 47 European countries. This makes it a perfect time for marketers to examine how their brands use data and technology. Source: MediaPost.com Date: Jan 28, 2021 Link: https://www.mediapost.com/publications/article/360022/using-data-in-service-to-the-people.html Questions for discussion:… Read more »