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… Read more »
Posts Categorized: Part 1 Business in a Global Environment
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?
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 –… Read more »
Description: As the coronavirus spreads, the collapse of the project helps explain America’s acute shortage. Source: NYTimes.com Date: Mar 29, 2020 Link: https://www.nytimes.com/2020/03/29/business/coronavirus-us-ventilator-shortage.html Questions for discussion: What does the article say is the primary reason for the failure to produce an inexpensive ventilator? Could this issue have been avoided if multiple governments around the world… Read more »
Description: The 2019 novel coronavirus (COVID-19) is attacking the health, financial welfare, social order and political stability of nations across the globe. At a time when millions are fighting to survive illness, financial hardship, political upheaval, and other existential threats, it is difficult to look beyond the moment. The scourge of COVID-19 will pass. When, at what… Read more »
Description: We need to embrace change and rethink virtual meetings. Here’s how to promote a positive remote culture. Source: Entrepreneur.com Date: Mar 27, 2020 Link: https://www.entrepreneur.com/article/347939 Questions for discussion: What does the article say about managing virtual meetings? When do you think they can be more productive that face-to-face meetings?
Description: Pacific Gas & Electric and California Gov. Gavin Newsom announced a deal Friday for the nation’s largest utility to emerge from bankruptcy triggered by massive liabilities from wildfires. Source: CNBC.com – video report Date: Mar 20, 2020 Link: https://www.cnbc.com/2020/03/20/pge-reaches-bankruptcy-deal-with-california-governor.html Questions for discussion: What are the implications for Californians going forward? How will management decisions be… Read more »
Description: Control what you can control: how you react to difficult situations. Source: Entrepreneur.com – video report Date: Mar 24, 2020 Link: https://www.entrepreneur.com/video/348087?utm_source=newsletter&utm_medium=email Questions for discussion: What are the key suggestions for dealing with emotions and stress? Do you think people can learn to exercise these suggestions? Do you think they can be carried forward… Read more »
Description: Shares of Canadian banks have been crushed along with the rest of the market, and that has sent their dividend yields up from the 3.5 per cent level to more than six per cent. Source: BNNBloomberg.com – video report Date: Mar 25, 2020 Link: https://www.bnnbloomberg.ca/canadian-bank-dividends-are-safe-despite-headwinds-analysts-say-1.1412314 Questions for discussion: What is the connection between bank… Read more »
Description: As the government continues to wrestle with the COVID-19 epidemic, US consumers and news organizations have rediscovered one of the things that made social media so valuable: Democratizing information about a fast-moving global story brings to light important narratives that official sources may miss, ignore or suppress. Source: e-Marketer.com Date: Mar 17, 2020 Link:… Read more »