Posted by & filed under Communication, Leadership, Management.

Description: Now 90 years young, the Oracle of Omaha is still impressing with important life lessons.

Source: INC.com

Date: Sep 25, 2020

Link: https://www.inc.com/marcel-schwantes/warren-buffett-says-4-choices-in-life-separate-doers-from-dreamers.html

Questions for discussion:

  • Summarize the advice presented in the report.
  • What do you think about it?

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

Description: WestJet Airlines Ltd. is warning furloughed workers their pay will be cut by up to 53 per cent starting Sunday due to changes in the extended federal wage subsidy, prompting flight crews to call on Ottawa for action.

Source: BNNBloomberg.com

Date: Sep 25, 2020

Link: https://www.bnnbloomberg.ca/westjet-tells-workers-their-pay-will-be-cut-by-half-due-to-wage-subsidy-changes-1.1499504

Questions for discussion:

  • How are employees being paid and what are the coming changes?
  • Do you think the company can do anything else in order to hold on to their employees?
  • How are employees likely to respond to the new pay, in your opinion?

Posted by & filed under Communication, Ethics & Social Responsibility, International Business, Leadership, Strategy.

Description: Actress Jessica Alba joins ‘Influencers with Andy Serwer’ to discuss the success of The Honest Company.

Source: Finance.Yahoo.com

Date: Sep 23, 2020

Link: https://finance.yahoo.com/video/ethical-business-practices-shouldn-t-100000669.html

Questions for discussion:

  • What is Jessica Alba’s opinion about ethical business practice and profitability?
  • After researching The Honest Company online, describe how the firm is different from any other consumer products company such as Proctor & Gamble?
  • Do you think the brand name is a good choice?

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

Description: Target has revolutionized the entire shopping experience, from the width of the aisles and the weight of the shopping carts to the smell of Starbucks coffee and placement of dollar bins. The tactics are paying off. Despite the pandemic, profits rose more than 80% year over year. Here’s how Target uses dollar bins and online sales to keep customers hooked.

Source: Bloomberg.com – video report

Date: Sep 22, 2020

Link: https://www.cnbc.com/video/2020/09/19/how-target-brings-in-billions-by-getting-customers-hooked.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail

Questions for discussion:

  • What does the report say about Target’s strategic thinking and relationship with customers?
  • Do you think the firm is positioned well given the growth of online retailing?
  • What would you advise investors with respect to Target’s stock?

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

Description: Facebook is increasing its focus on the small business community, launching a new interface called “Business Suite” on Thursday which is targeted at small businesses that have struggled throughout the Covid-19 pandemic.

Source: CNBC.com – video report

Date: Sep 17, 2020

Link: https://www.cnbc.com/2020/09/17/as-main-street-crisis-worsens-facebook-launches-small-business-hub.html

Questions for discussion:

  • What does the article say about the situation at Facebook and its relationship with small businesses and their customers?
  • What advice would you give to Facebook management to fend off criticism?

Posted by & filed under Communication, Leadership, Management, Organizational Behavior.

Description: Here it is: Six Pixels of Separation – Episode #737 – Host: Mitch Joel. One of the world’s leading business thinkers (and my friend), David Burkus, is a forward-thinking idea machine focused on helping leaders and teams do their best work ever. He is the best-selling author of five books about business and leadership (including The Myths of Creativity, Under New Management, Friend of a Friend, and more). His books have won multiple awards and have been translated into dozens of languages. Since 2017, David has been ranked as one of the world’s top business thought leaders by Thinkers50. As a sought-after international speaker, his TED Talk has been viewed over 2 million times. A former business school professor, David holds a master’s degree in organizational psychology from the University of Oklahoma, and a doctorate in strategic leadership from Regent University. His latest project is Pick A Fight – How Great Teams Find A Purpose Worth Rallying Around, and it initially came out as an audiobook project. As we all head back to school and back to work (in a very different world), business leaders are going to need to understand what will make their teams feel motivated, innovative and more successful than ever before. Not easy. David wants every business to pick a fight worth fighting for. Enjoy the conversation…

Source: SixPixels.com

Date: Aug 23, 2020

Link: https://www.sixpixels.com/podcast/archives/spos-737-david-burkus-on-building-great-teams-with-purpose/

Questions for discussion:

  • What does David Burkus say about motivating teams?
  • What do you think about his leadership and management ideas?

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

Description: Engagement strategies create happier employees and stronger companies.

Source: Entrepreneur.com

Date: Sep 18, 2020

Link: https://www.entrepreneur.com/article/355186

Questions for discussion:

  • What does the report say about the level of employee engagement?
  • Why do you suppose this is the situation?
  • How can managers increase employee engagement?

Posted by & filed under Ethics & Social Responsibility, International Business, Leadership, Strategy.

Description: Switch Health has tested hockey players and factory workers and won the support of Rona Ambrose, who sits on the board

Source: FinancialPost.com

Date: Sep 14, 2020

Link: https://financialpost.com/entrepreneur/small-business/how-four-millennials-came-out-of-nowhere-to-dominate-the-mobile-covid-19-testing-industry/wcm/1253aa3c-d93b-4d10-a516-e73f5d27267d/

Questions for discussion:

  • Explain why the concept succeeded as a venture?
  • What were the critical items in the recipe for success?

Posted by & filed under Communication, Control, Decision Making, Strategy.

Description: Forget Thanksgiving Day. The start to the holiday shopping season could be October 10, or 10/10/2020, according to Keith Jelinek, managing director in the retail practice at global consultancy Berkeley Research Group.

Source: MarketWatch.com

Date: Sep 16, 2020

Link: https://www.marketwatch.com/story/the-holiday-shopping-season-could-start-on-10-10-2020-with-retailers-hopeful-that-consumers-will-turn-out-early-11600197849?mod=home-page

Questions for discussion:

    • What is the basis for these notions of an earlier start to holiday shopping?
    • Do you agree with this assessment?
    • What should retailers do with the information provided?

Posted by & filed under Communication, Control, Decision Making, International Business, Strategy.

Description: Apple Inc. and the government of Singapore have partnered on a two-year health initiative dubbed LumiHealth, which is built around tracking and rewarding user behavior through the Apple Watch gadget and an iPhone app.

Source: Bloomberg.com – video report

Date: Sep 15, 2020

Link: https://www.bloomberg.com/news/articles/2020-09-16/singapore-to-pay-citizens-for-keeping-healthy-with-apple-watch?srnd=premium-canada

Questions for discussion:

  • Describe the partnership plan between Apple, government, and consumers?
  • Is this a new business model?
  • What are the benefits for all players involved?