Description: Toyland is a treacherous place these days, and Mattel is the latest victim. Quarterly sales for the company plummeted 22%, and earnings missed forecasts. Source: MediaPost.com Date: Feb 10, 2023 Link: https://www.mediapost.com/publications/article/382432/turmoil-in-toyland-mattel-sales-tumble-hasbro-ha.html?utm_source=newsletter&utm_medium=email&utm_content=readnow&utm_campaign=129253&hashid=7T9TCmQZSDGbnu-424RuBQ Questions for discussion: Is this a marketing, management or financial problem? What are the possible explanations for these financial results? How does… Read more »
Posts Categorized: International Business
Haunted By Kanye Deal, Adidas Posts Warning
Description: Adidas is launching a new line with actress Jenna Ortega Adidas unexpectedly updated its financial guidance for the coming year, warning investors that the aftershocks of its dealing with Ye, the rapper formerly known as Kanye West, keep on coming. If it does not sell the existing Yeezy stock, it could lower sales by… Read more »
Google’s CEO Answered Criticism Over Layoffs at a Heated All-Company Meeting. This 1 Word Stood Out
Description: If you’re the CEO of a company that just announced it would lay off a large number employees, you probably expect your next all-company meeting to be rough. Your employees are going to have some questions, many of which won’t have easy answers. Source: INC.com Date: Feb 02, 2023 Link: https://www.inc.com/jason-aten/googles-ceo-answered-criticism-over-layoffs-at-a-heated-all-company-meeting-this-1-word-stood-out.html?utm_source=newsletters&utm_medium=email&utm_campaign=Inc%20-%20Top%2010.Newsletter%20-%20Inc%20-%20Top%2010%202-5-23&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGJwN0SShqig6EJGYCV-UYmpvsmCp_PlE857cgKFayjr6y7Y9I52F4EaZRHVK_318t0P-ebxNkBm6n-uZKo3VAWEzQ6hkRqz2hiog7mJ0E Questions for discussion: What was… Read more »
Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low
Description: The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their biggest gain since July 2022. Source: CNBC.com – video report Date: Feb 03, 2023 Link: https://www.cnbc.com/2023/02/03/jobs-report-january-2023-.html Questions for discussion: Where were the main growth areas for employment? What does this say about how the economy is recovering from… Read more »
How a Drug Company Made $114 Billion by Gaming the U.S. Patent System
Description: AbbVie for years delayed competition for its blockbuster drug Humira, at the expense of patients and taxpayers. The monopoly is about to end. Source: NYTimes.com Date: Jan 28, 2023 Link: https://www.nytimes.com/2023/01/28/business/humira-abbvie-monopoly.html Questions for discussion: Summarize the issues related to how businesses, governments, insurance companies and consumers are connected to the drug Humira. Is this… Read more »
Home Depot didn’t get customer consent before sharing data with Facebook’s owner, privacy watchdog finds
Description: Home improvement retailer Home Depot didn’t get customer consent before sharing personal data with Meta, which operates social media giants Facebook and Instagram, according to a new report by Canada’s privacy watchdog. Source: CBC.ca Date: Jan 26, 2023 Link: https://www.cbc.ca/news/politics/home-depot-privacy-commissioner-meta-1.6726668 Questions for discussion: What are the ethical and privacy issues in this story? How… Read more »
Why Florida Makes $20M A Year From Gatorade
Description: The Gatorade shower is a post-game ritual seen from the Sandlot to the Super Bowl. Celebrations aside, Gatorade is the most popular sports drink in the world, bringing in billions of dollars every year to its parent company, PepsiCo. But Pepsi doesn’t get to keep every dollar. Over the last few years, Pepsi has… Read more »
This New Year, Resolve Against Workaholism
Description: Leaders can help employees who prioritize their jobs at the expense of their personal lives to improve their work-life balance — to everyone’s benefit. Source: Sloan/MIT.edu Date: Jan 12, 2023 Link: https://sloanreview.mit.edu/article/this-new-year-resolve-against-workaholism/ Questions for discussion: Summarize the key ideas presented in this article. What are your thoughts on these ideas? What would you add… Read more »
SPOS #861 – Shawn Kanungo On Becoming A Bold One
Description: Here it is: Six Pixels of Separation – The ThinkersOne Podcast – Episode #861. I first met Shawn Kanungo many years back (we share the same speaking bureau). He was also on the speaking circuit and making quite a ruckus (he still is). We became fast-friends. Shaw recently published his first book, The Bold Ones – Innovate And Disrupt… Read more »
3 Lessons From Elon Musk’s Sabotage Of Tesla
Description: Know your customers’ needs, track your rivals, and choose a clear strategy. Source: INC.com Date: Jan 19, 2023 Link: https://www.inc.com/peter-cohan/3-lessons-from-elon-musks-sabotage-of-tesla.html Questions for discussion: What are the key criticisms and strategic advice that is presented to the company? Do you agree with this line of thinking? What would you advise?
