Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: The Dow Jones Industrial Average rallied on Thursday, wrapping up its best week in more than 80 years, after the Federal Reserve gave more details on how it will support the economy amid the coronavirus pandemic.

Source: CNBC.com – video report

Date: Apr 08, 2020

Link: https://www.cnbc.com/2020/04/08/stock-market-futures-open-to-close-news.html

Questions for discussion:

  • Summarize the highlights in this report.
  • Why is Mark Cuban uncertain and hopeful at the same time?
  • What are the challenges facing small businesses in particular?

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: Panera Bread is selling groceries as housebound consumers eat fewer meals from restaurants.

Source: CNBC.com

Date: Apr 08, 2020

Link: https://www.cnbc.com/2020/04/08/panera-bread-is-selling-groceries-as-restaurant-sales-plummet.html

Questions for discussion:

  • Create a SWOT analysis that focuses on Panera at this time of pandemic?
  • Do you think the idea of distributing groceries is a good idea?
  • What other ideas would you suggest Panera put into action in order to make up for the loss of regular business?

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 #717 – Host: Mitch Joel. This is the first conversation that I recorded in our current Covid 19 world. I wanted to discuss the power of communications, and how we can get better, and add much more empathy to the way that we are connected. Especially in a world that is now work from home, remote and more isolated than ever before. I knew that I wanted to have that conversation with my friend, Vinh Giang. For more than 15 years, Vinh has dedicated himself to mastering the art of performance-enhanced communication, helping thousands of professionals worldwide do the same through the power of magic. In his inspiring keynote talks, workshops and presentations, Vinh integrates storytelling and magic to share key business strategies while motivating his audience to embrace change and see the “possible in the impossible.” His backstory? With only six months to graduate, Vinh left his degree in commerce and law to become an online magic teacher. This leap of faith became a hugely successful online business, 52kards, which now serves over 800,000 students globally, and earned Vinh the award of Top Young Entrepreneur in Australia. Vinh is also the CEO of Luminary Productions, which produces exceptional video for individuals and companies all around the globe. Enjoy the diversion and enjoy the conversation…

Source: SixPixels.com – podcast

Date: Apr 05, 2020

Link: https://www.sixpixels.com/podcast/archives/spos-717-vinh-giang-the-magic-of-better-communication/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+SixPixelsOfSeparation+%28Six+Pixels+of+Separation+-+Mitch+Joel%29

Questions for discussion:

  • What does Vinh Giang have to say about innovation and how management handles the subject?
  • What do you think is the key take-away form this discussion?

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: For computer science whiz and big thinker Dave Caputo, suddenly it all seemed perfectly clear

Source: NationalPost.com

Date: Apr 08, 2020

Link: https://nationalpost.com/news/canada/heroes-of-the-pandemic-how-one-mans-obsession-with-painted-drywall-helped-the-covid-19-fight?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook&fbclid=IwAR33N30Hd25nwftFPEaW-ohyuxq7kGmF4RL0KM8M7u1ZkP8y3yvoCHv-s2A#

Questions for discussion:

  • What does the article suggest about small business management and creative thinking during a crisis?
  • How did this solution to a problem help mitigate business and employment problems as well?

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

Description: Jeffrey Katzenberg has nearly 50 years of entertainment experience and a massive war chest. Neither of those things guarantee success for his new mobile video service.

Source: INC.com

Date: Apr 03, 2020

Link: https://www.inc.com/matt-haber/quibi-mobile-video-jeffrey-katzenberg-startup.html?utm_source=incthismorning

Questions for discussion:

  • Do you think the business model will work?
  • How would you improve chances for success?
  • Who will be the primary target audiences, in your opinion?
  • Do you think this business presents a good investment?

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: Tesla posted a video to its YouTube channel that shows Tesla engineers working on designing ventilators out of mainly Tesla Model 3 parts. It’s pretty amazing to see how many existing Tesla parts can be repurposed into assembling a ventilator.

Source: InsideEVS.com

Date: Apr 05, 2020

Link: https://insideevs.com/news/408057/tesla-making-ventilators-from-model-3-parts/

Questions for discussion:

  • How does the publicity from this article and video enhance the Tesla brand and public relations?
  • What does it say about Tesla management?
  • What does this article say about the flexibility of engineers to solve manufacturing problems?

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: New York State Attorney General Letitia James told Yahoo Finance on Tuesday that her office is “considering their legal options” against Amazon (AMZN) over its decision to fire a warehouse manager who led a walkout over coronavirus protections.

Source: Yahoo.Finance.com – video report

Date: Mar 31, 2020

Link: https://finance.yahoo.com/news/amazon-sought-retaliation-when-it-fired-worker-who-led-coronavirus-walkout-ny-ag-195951868.html

Questions for discussion:

  • What are the business and broader public relations issues related to this story?
  • How would you handle the situation if you were Amazon management?
  • Do you think this scenario will be repeated at other businesses as employees are asked to gradually return to work?

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

Description: Two years ago, Warren Buffett shared the back seat of a car with a young startup founder who was selected to be the Oracle of Omaha’s personal escort for a day. Seizing the moment, the 20-something entrepreneur asked the billionaire Buffett for a success tip he could pass on to young people graduating from college. Buffett was unwavering and resolute in his answer:

Source: Entrepreneur.com

Date: Mar 30, 2020

Link: https://www.inc.com/marcel-schwantes/warren-buffett-says-you-will-be-worth-50-percent-more-if-you-improve-this-1-human-skill.html

Questions for discussion:

  • What is Warren Buffett’s message to young people?
  • How can managers help develop these skills in a working environment?
  • How can you develop these skills outside of a working environment?

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

Description: Covid-19’s forced shift to working from home offers an opportunity for small businesses to discover their next big idea.

Source: Inc.com

Date: Mar 31, 2020

Link: https://www.inc.com/stephen-denny/3-ways-to-inspire-innovation-from-remote-teams.html?utm_source=incthismorning

Questions for discussion:

  • What are the key recommendations presented in this article?
  • Do you find any of them surprising?
  • What would you add to the list?

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: Canada’s largest movie exhibitor, Cineplex Inc., will keep its doors closed nationwide into the foreseeable future amid the COVID-19 pandemic.

Source: CBC.ca

Date: Apr 01, 2020

Link: https://www.cbc.ca/news/business/cineplex-coronavirus-1.5517694

Questions for discussion:

  • What is the situation facing the firm?
  • Can this business model survive the new social and entertainment consumer environment, once the Covid – 19 pandemic subsides?