Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Yelp on Wednesday released its latest Economic Impact Report, revealing business closures across the U.S. are increasing as a result of the coronavirus pandemic’s economic toll.

Source: CNBC.com – video report

Date: Sep 18, 2020

Link: https://www.cnbc.com/2020/09/16/yelp-data-shows-60percent-of-business-closures-due-to-the-coronavirus-pandemic-are-now-permanent.html

Questions for discussion:

  • How has the covid pandemic affected business closures?
  • Which businesses have been particularly hard hit?
  • Are there any solutions for any of these businesses except to wait until life returns to more normal times?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: Here it is: Six Pixels of Separation – Episode #738 – Host: Mitch Joel. I had heard about Matt Ridley‘s work (The Rational Optimist), but we had not met until last year. I was invited to speak at a CEO summit for Google and their clients in Amsterdam. We had a short interaction, but after watching him present, I knew he would make a great guest for the show. Matt’s accomplishments are long, deep and varied. His bookshave sold over a million copies and have been translated into over 30 languages. His TED talk, When Ideas Have Sex, has been viewed more than two million times. He writes a weekly column in The Times(London) and writes regularly for the Wall Street Journal. As Viscount Ridley, he was elected to the House of Lords in February 2013. He served on the science and technology select committee 2014-2017. Matt worked for The Economist for nine years as science editor, Washington correspondent and American editor, before becoming a self-employed writer and businessman. He is a fellow of the Royal Society of Literature and of the Academy of Medical Sciences, and a foreign honorary member of the American Academy of Arts and Sciences. He is honorary president of the International Centre for Life in Newcastle. His latest book is called, How Innovation Works… And Why It Flourishes in Freedom. Enjoy the conversation…

Source: SixPixels.com

Date: Aug 30, 2020

Link: https://www.sixpixels.com/podcast/archives/spos-738-matt-ridley-on-how-innovation-works/

Questions for discussion:

  • Summarize the highlights about innovation that you learned from this interview.
  • What do you think about these ideas?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives.

Description: From employees relocating where they live to retaining top talent, look out for these big changes in the employer-employee dynamic.

Source: Entrepreneur.com

Date: Sep 18, 2020

Link: https://www.entrepreneur.com/article/356222

Questions for discussion:

  • What are the expectations for change in the workplace, according to the report?
  • Do you agree with is assessment?
  • Do you think there could be other ramifications?

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: VANCOUVER — The incoming chief executive of MEC understands the backlash against a deal to take the outdoor retail co-operative private, but hopes former members continue to shop there.

Source: FinancialPost.com

Date: Sep 16, 2020

Link: https://financialpost.com/news/retail-marketing/incoming-mec-ceo-says-store-closures-merchandise-changes-coming-after-deal-to-take-co-op-private/wcm/82f5a212-b1cc-4f7d-91c8-a66bf804c3b3/

Questions for discussion:

  • What happened to MEC?
  • Do you think management deserves the criticism from members?
  • What would you have advised management?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

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 Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

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?

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Description: Electric vehicle start-up Lucid is touting its all-electric Air sedan as a more efficient, faster and spacious vehicle than the Tesla Model S, a car the company’s CEO Peter Rawlinson helped develop.

Source: CNBC.com – video report

Date: Sep 09, 2020

Link: https://www.cnbc.com/2020/09/09/electric-vehicle-start-up-lucid-unveils-air-sedan-to-take-on-tesla.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail

Questions for discussion:

  • How has the Lucid Air positioned itself in the electric car market?
  • What do you think about the brand name choice?
  • Who is the target customer?
  • Do you think this car will resonate with the market?
  • What would you advise marketers do to publicize this new car?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: Venture-capital firms are pouring money into e-bike and e-scooter startups, as the pandemic and social distancing measures escalate the popularity of urban mobility to help consumers and workers get around town.

Source: MarketWatch.com

Date: Sep 12, 2020

Link: https://www.marketwatch.com/story/coronavirus-places-alternative-transport-in-the-fast-lane-and-shifts-e-bike-and-scooter-development-into-high-gear-11599560318?mod=home-page

Questions for discussion:

  • Explain what is happening in this industry?
  • Do you think this is the beginning of a longer-term trend for consumers?

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: WASHINGTON, D.C. — For the first time in Gallup’s 20 years of tracking Americans’ views of various business and industry sectors, farming and agriculture is the clear leader.

Source: Gallup.com

Date: Sep 08, 2020

Link: https://news.gallup.com/poll/319256/farming-rises-sports-tumbles-industry-ratings.aspx

Questions for discussion:

  • In general, how have industries and businesses been affected by the coronavirus?
  • Are you surprised by any findings in particular?
  • Do you think these changes will be long lasting?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives.

Description: Giga Metals in talks with Tesla about helping develop a large low-carbon nickel mine

Source: FinancialPost.com

Date: Sep 11, 2020

Link: https://financialpost.com/commodities/mining/tesla-in-talks-to-buy-low-carbon-nickel-from-canada-sources-say/wcm/3de2b4e8-087a-4a40-b7f0-08f6394be08a/

Questions for discussion:

  • What advantages does Canada offer to Tesla?
  • Why would Tesla concern itself with mining development?
  • How is this a social responsibility issue?