See what’s in the GM contract with union workers: Pay raises in exchange for some factory closings

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

Description: DETROIT (AP) — A tentative four-year contract with striking General Motors gives workers a mix of pay raises, lump sum payments and an $11,000 signing bonus. In return, the contract allows GM to proceed with factory closures in Lordstown, Ohio; Warren, Michigan; and near Baltimore. Source: MarketWatch.com Date: Oct 17, 2019 Link: https://www.marketwatch.com/story/auto-workers-celebrate-tentative-deal-with-gm-to-end-strike-2019-10-16?siteid=yhoof2&yptr=yahoo Questions for… Read more »

Lululemon investigating after report alleges abuses at Bangladesh factory

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

Description: Vancouver company says currently no orders planned from factory, which is owned by Korean firm Source: CBC.ca Date: Oct 15, 2019 Link: https://www.cbc.ca/news/business/bangladesh-factory-lululemon-1.5321405 Questions for discussion: What are the social issues and related problems facing companies like Lululemon, as highlighted in this report? How should management respond? What strategy should be taken to mitigate… Read more »

GM Sent a Letter to Its Striking Employees. Here’s What It Says.

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

Description: The General Motors -United Auto Workers strike drags on into day 26Friday—and the dispute is costing the company and its employees hundreds of millions of dollars. Against that backdrop, GM released a letter, sent to its employees Friday morning, encouraging its workers while urging the UAW to settle. Source: Barrons.com Date: Oct 11, 2019 Link: https://www.barrons.com/articles/gm-stock-gains-as-company-sends-striking-employees-a-letter-51570800112?siteid=yhoof2&yptr=yahoo Questions for… Read more »

YouTube beauty and lifestyle star Dulce Candy Ruiz shares her road to success

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Description: TODAY’s Donna Farizan sits down with YouTube star Dulce Candy Ruiz, who’s inspiring young women to embrace their own beauty. Ruiz opens up about living the American dream and sharing her life as a Latina, veteran and mom with viewers. (Created by TODAY with our sponsor, Ulta Beauty.) Source: NBC.com – video report Date:… Read more »

Helping Young People Into the Workforce: CEO Daily

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Description: Hyatt CEO Mark Hoplamazian joined me yesterday for a conversation with members of the Fortune CEO Initiative about programs to bring struggling young people into the work force. He began by referring to the “fallacy of full employment.” Source: Fortune.com Date: Oct 09, 2019 Link: https://fortune.com/2019/10/09/helping-young-people-into-the-workforce-ceo-daily/ Questions for discussion: Summarize the efforts made to help unemployed… Read more »

Budweiser wants to take on China, the world’s largest beer market where local brews rule

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Description: The world’s largest brewer is making a big push for China and other parts of Asia — but it could prove challenging for Anheuser-Busch InBev to topple local beers that have long dominated their home markets. Source: CNBC.com Date: Oct 06, 2019 Link: https://www.cnbc.com/2019/10/07/budweiser-seeks-growth-in-china-vietnam-india-south-korea-beer-markets.html Questions for discussion: Why does this strategy make sense for the company?… Read more »

Forever 21 Canada aims to start liquidation next week

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Description: Forever 21 Canada plans to begin liquidating its stores next week, pending court approval, and complete the process by November 30, according to documents filed with the Ontario Superior Court of Justice. Source: BNNBloomberg.com Date: Oct 04, 2019 Link: https://www.bnnbloomberg.ca/forever-21-canada-aims-to-start-liquidation-next-week-1.1326667 Questions for discussion: What are the reasons for the failure, according to the article?… Read more »

As Silicon Valley faces a tech reckoning, biologists point to the next big opportunity

Posted by & filed under International Business, Management, Strategy.

Description: At one of the world’s largest synthetic biology conferences this week, a food truck handed out papaya and yogurt samples to hundreds of attendees. The papaya wasn’t any ordinary papaya: It was a genetically engineered fruit that Dr. Dennis Gonsalves designed to be naturally resistant to the ringworm virus. Because of his invention, pesticide use dropped… Read more »

McDonald’s CEO Wants Big Macs to Keep Up With Big Tech

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Description: Steve Easterbrook is giving the Golden Arches a data makeover, but franchisees are balking at the cost. Source: Bloomberg.com – video report Date: Sep 27, 2019 Link: https://www.bloomberg.com/news/features/2019-09-25/steve-easterbrook-wants-mcdonald-s-to-think-like-silicon-valley Questions for discussion: What is the new strategic thinking at McDonald’s? Why is it a hard sell to frnchisees?