Description: CEO Tim Cook confirmed that Apple will buy U.S.-made microchips at an event in Arizona on Tuesday, where President Joe Biden also spoke. Source: CNBC.com – video report Date: Dec 06, 2022 Link: https://www.cnbc.com/2022/12/06/tim-cook-says-apple-will-use-chips-built-in-the-us-at-arizona-factory.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Why is Apple doing this? What are the implications for future global supply channels? What does this… Read more »
Posts Categorized: International Business
In defensive interview, Sam Bankman-Fried claims he’s broke and committed no fraud
Description: Former FTX CEO Sam Bankman-Fried, in possibly the understatement of 2022, said Wednesday, “I’ve had a bad month.” The former billionaire added that he “didn’t do a good job” at upholding his responsibilities to regulators, customers and investors in a hotly anticipated conversation with CNBC’s Andrew Ross Sorkin at the DealBook Summit. Source: CNBC.com… Read more »
Have the Anticapitalists Reached Harvard Business School?
Description: Social justice joins discounted cash flows on the syllabus as essential knowledge for aspiring corporate leaders. Source: NYTimes.com Date: Nov 28, 2022 Link: https://www.nytimes.com/2022/11/28/business/business-school-social-justice.html?smid=em-share Questions for discussion: What are the main arguments presented in this article? Where do you stand on these questions? What do you believe are the obligations of the corporation to… Read more »
New Report: How Companies Are Faking Their DEI Strategy and Making It Worse for Workers
Description: While more employers truly care about diversity, equity and inclusion (DEI), it is just a box to tick for many others Source: INC.com Date: Nov 21, 2022 Link: https://www.inc.com/marcel-schwantes/new-report-how-companies-are-faking-their-dei-strategy-making-it-worse-for-workers.html Questions for discussion: Summarize the research presented. Do you agree with the analysis and explanations for the results presented? What does this report say about… Read more »
Bob Iger returns as Disney CEO, replacing Bob Chapek after a brief, tumultuous tenure
Description: Bob Iger is back. Disney, in a shocking late Sunday announcement, said it had reappointed Iger as chief executive, effective immediately, after Iger’s hand-picked successor as CEO, Bob Chapek, came under fire for his management of the entertainment giant. Source: CNBC.com Date: Nov 21, 2022 Link: https://www.cnbc.com/2022/11/21/bob-iger-named-disney-ceo-effective-immediately.html Questions for discussion: What does this story say about… Read more »
Disney’s CEO Boomerang Reveals Iger’s Biggest Failing
Description: The hero’s return should be viewed as a failure in leadership when it comes to the essential task of picking a worthy successor. Source: Bloomberg.com Date: Nov 22, 2022 Link: https://www.bloomberg.com/opinion/articles/2022-11-22/disney-s-ceo-boomerang-reveals-bob-iger-s-biggest-failing?srnd=premium-canada&leadSource=uverify%20wall Questions for discussion: Summarize the evaluation of Bob Iger’s leadership in this opinion piece. Do you agree with this assessment?
‘Nobody wants that job’: Some businesses are turning to robots to solve labour shortage woes
Description: Hiring problems have forced some to embrace automation, but business investment faces headwinds in a slowing economy Source: FinancialPost.com Date: Nov 22, 2022 Link: https://financialpost.com/fp-work/nobody-wants-that-job-some-businesses-are-turning-to-robots-to-solve-labour-shortage-woes Questions for discussion: What is driving investment towards greater mechanization, automation and robotics? Has the model for business decision-making about the choice between employees versus machines changed? Do you… Read more »
Elon Musk’s backers cheer him on, even if they aren’t sure what he’s doing to Twitter
Description: Elon Musk’s acquisition of Twitter has not exactly taken off like a rocket. After trying desperately to get out of the $44 billion purchase, he faced a court battle for reneging. So he went through with it, while complaining that he was “obviously overpaying.” Mass layoffs and mass resignations have left Twitter a shadow… Read more »
Iger announces first big moves in new tenure as Disney CEO: Restructuring and departure of Chapek right hand Kareem Daniel
Description: Bob Iger, less than 24 hours after returning to the helm of Disney, told employees Monday that the company would be undergoing a restructuring in coming weeks. One of the first steps, Iger announced, would be the departure of Kareem Daniel, the company’s head of media and entertainment, and right hand to now-departed CEO Bob… Read more »
Lightspeed is ‘spending a fortune on hiring’ as tech sector cuts thousands
Description: CEO aims to pick up talent that Amazon, Facebook, Shopify and Twitter have let go Source: FinancialPost.com Date: Nov 17, 2022 Link: https://financialpost.com/news/retail-marketing/lightspeed-commerce-hiring-amid-tech-layoffs Questions for discussion: What are the arguments supporting this managerial move? What are the risks? Do you think management is doing the right thing? Do you think this might give the… Read more »
