It’s Not ‘Woke’ for Businesses to Think Beyond Profit, BlackRock Chief Says

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

Description: Larry Fink’s latest annual letter to corporate America clarifies, and defends, his approach to social and environmental issues at the world’s largest money manager. Source: NYTimes.com Date: Jan 17, 2022 Link: https://www.nytimes.com/2022/01/17/business/dealbook/larry-fink-blackrock-letter.html? Questions for discussion: How would you characterize Larry Fink’s role and influence in the business world? Do you agree with his recommended… Read more »

Why Tesla Soared as Other Automakers Struggled to Make Cars

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Description: The yawning disparity between the performance of the electric car company and established automakers last year reflects the technological change roiling the industry. Source: NYTimes.com Date: Jan 08, 2022 Link: https://www.nytimes.com/2022/01/08/business/teslas-computer-chips-supply-chain.html Questions for discussion: Why was Tesla able to operate better than other automotive manufacturers? Should these companies rethink their supply chain strategies, in… Read more »

Apple’s Tim Cook signed $275 billion deal to placate China – The Information

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Description: (Reuters) – Apple Inc Chief Executive Tim Cook signed an agreement with Chinese officials, estimated to be worth about $275 billion, to placate threats that would have hobbled its devices and services in the country, The Information reported on Tuesday. Source: Yahoo.Finance.com Date: Dec 07, 2021 Link: https://finance.yahoo.com/news/apples-tim-cook-signed-275-142736543.html Questions for discussion: What does this… Read more »

Baseball’s record-setting free agency spending spree, in charts

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Description: Major League Baseball deal-making came to a screeching halt at midnight on Thursday when the league’s collective bargaining agreement expired, causing a lockout. But that didn’t stop a record-setting amount of cash that was doled out in the free agency market in the days before. Source: CNBC.com Date: Dec 06, 2021 Link: https://www.cnbc.com/2021/12/06/baseballs-record-setting-free-agency-spending-spree-in-charts.html Questions for… Read more »

Condé Nast Knows Faded Glory Is Not in Style

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Description: Anna Wintour is the embodiment of the glory days of the magazine dynasty. Now she is pitching its global, digital future. Source: NYTimes.com Date: Dec 04, 2021 Link: https://www.nytimes.com/2021/12/04/business/media/conde-nast-anna-wintour.html? Questions for discussion: What has happened to this business in recent years? How has the company responded? What would you advise the firm do today?… Read more »

Economics and Politics of Inflation

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Description: Inflation in the U.S. is creating financial hardships for nearly half of Americans. What is driving up the cost of goods and services right now — and how much is it related to supply and demand? Dr. Jonathan Rothwell, Gallup’s principal economist, joins the podcast to untangle these questions and more. Source: Gallup.org – podcast Date:… Read more »

Layered Leadership and Apple’s Rise to the Top

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Description: n their book The Strategic Leader’s Roadmap, Revised and Updated Edition: 6 Steps for Integrating Leadership and Strategy, Wharton management professors Harbir Singh and Michael Useem draw on one-on-one interviews and their own research to take readers into the offices — and mindsets — of some of today’s foremost strategic leaders. In the following excerpt adapted from the book, Singh and… Read more »

Tesla says it needs graphite from China for batteries, requests tariff waiver

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Description: Tesla is among the hundreds of auto industry players asking the U.S. Trade Representative for extended tariff waivers on parts and materials imported from China used to make or repair cars. Source: CNBC.com Date: Dec 02, 2021 Link: https://www.cnbc.com/2021/12/02/tesla-seeks-tariff-exemption-for-graphite-from-china-for-batteries.html Questions for discussion: How have tariffs affected Tesla operations and marketing? What are the pros… Read more »

‘You need to pay them well’: Ontario Labour Minister on Tim Hortons ‘hiring crisis’

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Description: The link between labour shortages and stagnant or uneven wages being paid by some businesses is “apparent” to Ontario Labour Minister Monte McNaughton. And he says that point was made clearer to him this week when new details came to light about frontline staff compensation at Tim Hortons. Source: BNNBloomberg.com Date: Dec 03, 2021 Link:… Read more »

Elle magazine says it will ban fur from its publications worldwide

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Description: Lifestyle and fashion magazine ELLE announced Thursday it is banning fur from all pages of its publications in a move to support animal welfare and reflect changing tastes. Source: NPR.org Date: Dec 02, 2021 Link: https://www.npr.org/2021/12/02/1061053897/elle-magazine-ban-fur-from-publications Questions for discussion: What are the implications of this decision and the publicity from it on the various industries and… Read more »