‘Nobody wants that job’: Some businesses are turning to robots to solve labour shortage woes

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

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

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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

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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

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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 »

Is This the End Game for Crypto?

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Description: Recent events have made clear the need to regulate crypto, an industry that grew from nothing to a $3 trillion market capitalization a year ago, although most of that has now evaporated. But it also seems likely that the industry couldn’t survive regulation. Source: NYT.com Date: Nov 17, 2022 Link: https://www.nytimes.com/2022/11/17/opinion/crypto-banks-regulation-ftx.html? Questions for discussion: What does… Read more »

Walmart and Target’s quarterly results lay bare the retailers’ stark differences

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Description: Walmart’s stock surged this week. Target’s shares plunged. The rival big-box players are both known for selling an array of products including food, clothing, home goods and kitchen appliances. Both their CEOs − Walmart’s Doug McMillon and Target’s Brian Cornell − stepped into their roles in 2014. Source: CNBC.com Date: Nov 17, 2022 Link: https://www.cnbc.com/2022/11/17/walmart-and-targets-quarterly-results-lay-bare-retailers-differences.html… Read more »

Apple Built Its Empire With China. Now Its Foundation Is Showing Cracks.

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Description: Every September, Apple unveils its latest phones at its futuristic Silicon Valley campus. A few weeks later, tens of millions of its newest handsets, assembled by legions of seasonal workers hired by its suppliers, are shipped from Chinese factories to customers around the world. ​Source: NYTimes.com Date: Nov 07, 2022 Link: https://www.nytimes.com/2022/11/07/business/apple-china-ymtc.html Questions for… Read more »

Canada’s moonshot: The green farming revolution is here, but we must help it grow

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Description: Opinion: If we don’t act, we will miss our opportunity to lead the world in ensuring agriculture an engine of economic growth Source: FinancialPost.com Date: Nov 07, 2022 Link: https://financialpost.com/commodities/agriculture/green-farming-revolution-canada Questions for discussion: Summarize the vision for future operations of the industry. What do you think of the vision? What will this mean in… Read more »

Carvana stock tanks in continued sell-off

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Description: Shares of Carvana were briefly halted Monday morning due to volatility, down by as much as 24% at one point to below $7 per share — its lowest point on record. Source: CNBC.com Date: Nov 07, 2022 Link: https://www.cnbc.com/2022/11/07/carvana-stock-tanks-in-continued-sell-off.html Questions for discussion: Explain the company’s rapid decline in stock value, from a marketing point of view?… Read more »

British Columbia becomes first province to caps fees from food delivery companies

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Description: During the pandemic, takeout and delivery options for restaurants tripled to as high as 36% of sales Source: FinancialPost.com Date: Nov 04, 2022 Link: https://financialpost.com/news/retail-marketing/british-columbia-caps-food-delivery-fees Questions for discussion: How does this legislation affect operations of the businesses involved? What are the pros and cons of this decision? How would you advise management of the… Read more »