Description: The C.E.O. who followed Jack Welch tried, and failed, to revive the company’s stock price. He’s owning up to some of his mistakes now — and assigning some blame. Source: NYTimes.com Date: Feb 10, 2021 Link: https://www.nytimes.com/2021/02/05/business/jeff-immelt-general-electric-corner-office.html Questions for discussion: What are the lessons for top managers of large corporations to take away from… Read more »
Posts Categorized: Ethics & Social Responsibility
60% of Indigenous workers feel emotionally unsafe on the job: Catalyst survey
Description: TORONTO — As Krystal Abotossaway navigated corporate Canada over the last decade, the Toronto woman with Anishinaabe Kwe heritage always paid always took care to be on time, to watch her drinking at after-work events and to be agreeable in meetings. Source: Yahoo.Finance.com Date: Feb 10, 2021 Link: https://ca.finance.yahoo.com/news/60-indigenous-workers-feel-emotionally-150858957.html Questions for discussion: Summarize the… Read more »
Apple Is the World’s Most Admired Company for the 14th Year in a Row. Facebook Isn’t Even on the List
Description: It doesn’t take long to damage your reputation. Just ask Facebook. Source: INC.com Date: Feb 08, 2021 Link: https://www.inc.com/jason-aten/apple-is-worlds-most-admired-company-for-14th-year-in-a-row-facebook-isnt-even-on-list.html Questions for discussion: What does the article suggest contributes to a company’s admiration or its absence? How does this information affect marketing? How should investors weigh this information?
Reddit, the Talk of the Internet, Raises $250 Million
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
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
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 »
Here’s what really happens to the items you return online
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 »
How the coronavirus pandemic may be causing support of labor unions to rise
Description: Over the past several decades, union membership has steadily declined. Bureau of Labor Statistics data indicates that in 1983, 20.1% of employed Americans were members of a union. By 2019, that share had decreased by roughly half to 10.3%. Source: CNBC.com Date: Jan 29, 2021 Link: https://www.cnbc.com/2021/01/29/support-of-labor-unions-is-at-65percentheres-whats-behind-the-rise.html Questions for discussion: Explain the decline in union… Read more »
What ‘The Weirdest Job in Football’ Can Teach Us About Finding Ways to Win in Business
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
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 »
