Loblaws paid Galen Weston $8.4M last year, up from $5.4M in 2021

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

Description: Total compensation increased after outside consultants determined it was too low

Source: CBC.ca

Date: Apr 05, 2023

Link: https://www.cbc.ca/news/business/grocery-executive-compensation-1.6802091

Questions for discussion:

  • What does the report say about executive compensation and that of Galen Weston, in particular?
  • Is the tone of the report supportive of the explanation of the compensation package, in your opinion?
  • Why do you suppose there is national publicity about this particular case?

Doctors are drowning in paperwork. Some companies claim AI can help

Posted by & filed under Communication, Control, Decision Making, Management, Organizational Behavior.

Description: When Dereck Paul was training as a doctor at the University of California San Francisco, he couldn’t believe how outdated the hospital’s records-keeping was. The computer systems looked like they’d time-traveled from the 1990s, and many of the medical records were still kept on paper.

Source: NPR.org

Date: Apr 05, 2023

Link: https://www.npr.org/sections/health-shots/2023/04/05/1167993888/chatgpt-medicine-artificial-intelligence-healthcare

Questions for discussion:

  • Summarize the challenges facing doctors and the opportunities to help provided by AI.
  • How will these contributions to help manage operations, costs, and patient relations, in your opinion?

Women now dominate the book business. Why there and not other creative industries?

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

Description: These findings and others come from a new study by Joel Waldfogel, an economist at the University of Minnesota’s Carlson School of Management. Waldfogel crunches the numbers on the book market’s female revolution. And, in a recent interview, the economist helps us think through potential reasons why women trail men in many creative industries, but have had spectacular success in achieving — in fact, surpassing — parity with men in the US publishing business.

Source: NPR.org

Date: Apr 04, 2023

Link: https://www.npr.org/sections/money/2023/04/04/1164109676/women-now-dominate-the-book-business-why-there-and-not-other-creative-industries

Questions for discussion:

  • Summarize the research findings into the industry, as described in this report?
  • What does this mean for industry growth and development, in your opinion?

Helping Others at Work Without Burning Out

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

Description: To foster a sustainable culture of workplace helping, organizations should prioritize self-compassion and effective strategies for healthy collaboration.

Source: Sloanreview.mit.edu

Date: Mar 21, 2023

Link: https://sloanreview.mit.edu/article/helping-others-at-work-without-burning-out/

Questions for discussion:

  • Summarize what the article says about creating a sustainable and helping organizational culture.
  • What are the benefits to the organization?
  • What are your thoughts on this report?

Does Money Buy Happiness? Here’s What the Research Says

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

Description: Reconciling previously contradictory results, researchers from Wharton and Princeton find a steady association between larger incomes and greater happiness for most people but a rise and plateau for an unhappy minority

Source: knowledge.wharton.upenn.edu

Date: Mar 28, 2023

Link: https://knowledge.wharton.upenn.edu/article/does-money-buy-happiness-heres-what-the-research-says/

Questions for discussion:

  • What did the research find and why was it so surprising?
  • What are the explanations for these findings?
  • What should management and employees take-away from this report?

Trex CEO: One thing leaders should keep in mind

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

Description: During a time of economic uncertainty, what’s one thing leaders should keep in mind? ‘Be willing to be bold in the decisions that you make,’ said Trex (TREX) CEO, Bryan Fairbanks.

Source: Yahoo.Finance.com – video report

Date: Apr 01, 2023

Link: https://ca.finance.yahoo.com/video/trex-ceo-one-thing-leaders-100057892.html

Questions for discussion:

  • Summarize the key points CEO, Bryan Fairbanks has to say to business leaders today?
  • What do you think of his message and what would you add?

WestJet pilots to launch strike authorization vote as negotiations fizzle

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

Description: The union representing WestJet pilots will launch a strike authorization vote Monday as contract talks with management drag on, the Air Line Pilots Association said Friday. Bernard Lewall, who heads ALPA Canada’s WestJet contingent, said its 1,600-person membership is “frustrated” after six months of bargaining with a company he claims has failed to seriously engage with it.

Source: BNNBloomberg.ca – video report

Date: Mar 31, 2023

Link: https://www.bnnbloomberg.ca/westjet-pilots-to-launch-strike-authorization-vote-as-negotiations-fizzle-1.1903282

Questions for discussion:

  • What are the issues facing negotiators?
  • Why would the different pay for pilots be a major issue for the union?
  • What would you advise the two sides?

Your Next Landlord Could Be 100 Random People

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

Description: Startups are buying properties and wooing first-time real estate investors to buy shares. The model could have real repercussions for renters.

Source: Wired.com

Date: Mar 30, 2023

Link: https://www.wired.com/story/arrived-fractional-investment-real-estate/?_hsmi=252508126&_hsenc=p2ANqtz-_6BxRUZp1vSN_Bh9FIR75GdG5FKWsByHxbC_DJZDAZmwMgmVCH8bsPs5FGOfillRcF-m8PKY-jKUpm8wARM0PD-Glm5NW2HTIr6kMQs_1UcPfQ4tE

Questions for discussion:

  • Summarize the pros and cons of this sort of business model, as described in the article.
  • What is the impact on rentals, according to the report?
  • Do you think the business model could be used in other areas of the economy?

Twitter is dying

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

Description: It’s five months since Elon Musk overpaid for a relatively small microblogging platform called Twitter. The platform had punched above its weight in pure user numbers thanks to an unrivaled ability to both distribute real-time information and make expertise available. Combine these elements with your own critical faculty — to weed out the usual spam and bs — and it could feel like the only place online that really mattered.

Source: TechCrunch.com

Date: Mar 28, 2023

Link: https://techcrunch.com/2023/03/28/twitter-is-dying/

Questions for discussion:

  • Summarize the analysis of the decline of Twitter, as presented by Natasha Lomas.
  • Do you agree with her assessment?
  • What would you suggest to Elon Musk and the board of directors?
  • Do you think an alternative to Twitter will emerge?

Strains Emerge Inside the Union That Beat Amazon

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

Description: Nearly a year after its victory on Staten Island, the Amazon Labor Union is grappling with election losses and internal conflict.

Source: NYTimes.com

Date: Mar 21, 2023

Link: https://www.nytimes.com/2023/03/21/business/amazon-labor-union.html?smid=em-share

Questions for discussion:

  • Summarize what the article says about the relationships between the union organizers, the workers and the firm?
  • What are your thoughts about this inside look at the unionization process?