The only way to control tech giants like Facebook may be for governments to gang up

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

Description: Big Tech may be too powerful for a single country to take on, though Australia is trying — and Canada may, too Source: CBC.ca Date: Feb 19, 2021 Link: https://www.cbc.ca/news/business/don-pittis-facebook-australia-governments-gang-up-1.5919005 Questions for discussion: What does the article say is the problem with big tech companies? What is the suggested solution for governments? How should… Read more »

SPOS #762 – Judy Samuelson On The Six New Rules of Business

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Description: Here it is: Six Pixels of Separation – Episode #762 – Host: Mitch Joel. Judy Samuelson is founder and executive director of the Aspen Institute Business and Society Program and a vice president at the Aspen Institute. Judy led a ten-year campaign to disrupt Milton Friedman‘s narrative about profit-maximization to successfully challenge conventional thinking in board rooms and classrooms about the… Read more »

Jeff Immelt Oversaw the Downfall of G.E. Now He’d Like You to Read His Book.

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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 »

Apple Is the World’s Most Admired Company for the 14th Year in a Row. Facebook Isn’t Even on the List

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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

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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 »

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?

When will travel (advertising) recover, do social platforms look too similar, and what will happen to WhatsApp?

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Description: eMarketer senior analyst at Insider Intelligence Jasmine Enberg discusses when travel (and travel advertising) will recover and some good and not-so-good examples of how travel advertisers are running campaigns. She then talks about whether Twitter can make a space for healthy conversations, our expectations for WhatsApp, and the significance of social platforms ending the… Read more »

SPOS #759 – Scott Devine On Building A Thriving Online Business (No Gimmicks)

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Description: Here it is: Six Pixels of Separation – Episode #759 – Host: Mitch Joel. If we have learned anything during this pandemic, it is this: the brands that are either purely digital or the ones with a strong digital component felt much less pain. Look no further than the value of a company like Amazon or the incredible… Read more »