Elon Musk’s backers cheer him on, even if they aren’t sure what he’s doing to Twitter

Posted by & filed under Communication, Control, Decision Making, Ethics & Social Responsibility, International Business, Leadership, Management, Organizational Behavior, Strategy.

Description: Elon Musk’s acquisition of Twitter has not exactly taken off like a rocket. After trying desperately to get out of the $44 billion purchase, he faced a court battle for reneging. So he went through with it, while complaining that he was “obviously overpaying.” Mass layoffs and mass resignations have left Twitter a shadow… Read more »

Iger announces first big moves in new tenure as Disney CEO: Restructuring and departure of Chapek right hand Kareem Daniel

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Description: Bob Iger, less than 24 hours after returning to the helm of Disney, told employees Monday that the company would be undergoing a restructuring in coming weeks. One of the first steps, Iger announced, would be the departure of Kareem Daniel, the company’s head of media and entertainment, and right hand to now-departed CEO Bob… Read more »

Why Employee-owned Companies Are Better at Building Worker Wealth

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Description: Wharton’s Katherine Klein talks to Corey Rosen, founder of the National Center for Employee Ownership, about how employee ownership plans are structured and why they yield great financial benefits for companies and workers alike. ​Source: https://knowledge.wharton.upenn.edu Date: Nov 11, 2022 Link: https://knowledge.wharton.upenn.edu/article/why-employee-owned-companies-are-better-at-building-worker-wealth/?utm_campaign=KatW2022&utm_medium=email&utm_source=kw_campaign_monitor&utm_term=11-16-2022&utm_content=Why_Employee-owned_Companies_Are_Better_at_Building_Worker_Wealth Questions for discussion: Summarize the research presented. What is the explanation for… Read more »

The four-day workweek is new standard for 40% of companies, EY survey finds

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Description: A cooling economy, rising mortgage rates and mass layoffs have done little to dampen executive demand for expanded office presence and increased flexibility for office workers, a new report from Ernst and Young found.  The consulting firm on Wednesday released its second annual EY Future Workplace Index, which showed a growing appetite for hybrid… Read more »

Why Have Employees Historically Quit Their Jobs? The Entire Reason Can Be Summed Up in 1 Sentence

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Description: It also answers the age-old question: Why do so many managers fail at their jobs? ​Source: INC.com Date: Nov 16, 2022 Link: https://www.inc.com/marcel-schwantes/why-have-employees-historically-quit-their-jobs-entire-reason-can-be-summed-up-in-1-sentence.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Nov%2016,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGIJIyXt0vCmwDXAJ3qmOsAbbdIGeXO1ebIZbUFXs4yo6hNqP2U-b4ZrTcj_gaqS7_vWZWOoM5qCD_8OvsSHzXmPFn-f_lQ2xYKM7by5w Questions for discussion: Do you think the reason provided by the research is valid? What might be behind the statement? Why would managers not follow this research insight and become better… Read more »

Lightspeed is ‘spending a fortune on hiring’ as tech sector cuts thousands

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Description: CEO aims to pick up talent that Amazon, Facebook, Shopify and Twitter have let go Source: FinancialPost.com Date: Nov 17, 2022 Link: https://financialpost.com/news/retail-marketing/lightspeed-commerce-hiring-amid-tech-layoffs Questions for discussion: What are the arguments supporting this managerial move? What are the risks? Do you think management is doing the right thing? Do you think this might give the… Read more »

Is This the End Game for Crypto?

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Description: Recent events have made clear the need to regulate crypto, an industry that grew from nothing to a $3 trillion market capitalization a year ago, although most of that has now evaporated. But it also seems likely that the industry couldn’t survive regulation. Source: NYT.com Date: Nov 17, 2022 Link: https://www.nytimes.com/2022/11/17/opinion/crypto-banks-regulation-ftx.html? Questions for discussion: What does… Read more »

Walmart and Target’s quarterly results lay bare the retailers’ stark differences

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Description: Walmart’s stock surged this week. Target’s shares plunged. The rival big-box players are both known for selling an array of products including food, clothing, home goods and kitchen appliances. Both their CEOs − Walmart’s Doug McMillon and Target’s Brian Cornell − stepped into their roles in 2014. Source: CNBC.com Date: Nov 17, 2022 Link: https://www.cnbc.com/2022/11/17/walmart-and-targets-quarterly-results-lay-bare-retailers-differences.html… Read more »

Kohl’s CEO Michelle Gass to step down, join Levi Strauss as CEO in waiting

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Description: Kohl’s said Tuesday that CEO Michelle Gass is leaving the company for a new opportunity as its sales continue to fall.  In a separate release, Levi Strauss & Co. said Gass will join the company in early January as president and step into the role of CEO within the next 18 months. She will succeed the company’s… Read more »

My Employee Gets Stressed Out and Snaps at Me

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Description: He’s smart and capable but this behavior is disruptive Source: INC.com Date: Nov 07, 2022 Link: https://www.inc.com/alison-green/my-employee-gets-stressed-out-snaps-at-me.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Nov%2007,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGH9jODEqPBEk5jpl39RWE1uGLJ-rvIGNfBltKaiJKPBEUWK4KfRijoxF3IsudMoqDvHRTYpIWTor7FFHEOBs6nIwUDIu44myeLDT4nFg Questions for discussion: Summarize your interpretation of the dysfunctional issues related to this employee. What was the basic message to the manager for how best to handle the problem? Do you agree with this analysis and advice?