This entrepreneur backed out of a Dragons’ Den deal, and the reason why is a lesson for all business owners

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: At 24, Lisa Fraser was an art and design school grad with an idea. Now, at 27, she’s chief executive of an international medical supply company, a celebrated entrepreneur, and is known for having turned down a $500,000 investment offer on the CBC reality show Dragons’ Den. Source: FinancialPost.com Date: August 21, 2015 Link:… Read more »

The Ashley Madison Hack Ruined My Life

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 5 Managing Technology and Information.

Description: The Ashley Madison hack is indeed ripping apart marriages. Source: CNNMoney.com – video report Date: August 21, 2015 Link: http://money.cnn.com/video/technology/2015/08/21/ashley-madison-hack-updated-explainer.cnnmoney/ Questions for Discussions: What does this report say about the risks facing companies that promise privacy and secure data controls? Is there a guarantee of true “privacy” for anyone or firm? How should Ashley… Read more »

India’s Robot Revolution Undercuts Modi’s Job Creation

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

Description: India’s Prime Minister Narendra Modi wants to boost competitiveness by using more robots in factories, but he doesn’t want the automation to actually destroy jobs. Bloomberg’s Natalie Obiko-Pearson reports on “Trending Business.” (Source: Bloomberg) Source: Bloomberg.com – video report Date: August 10, 2015 Link: http://www.bloomberg.com/news/videos/2015-08-10/india-s-robot-revolution-undercuts-modi-s-job-creation Questions for Discussions: What does this report say about… Read more »

Guidance for the negative thinker in all of us

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Description: Every amazing story has an Act II, a phase during which the would-be-hero is knocked down, face in the dirt, hurt or frustrated to the point of giving up then ultimately rising to the challenge. The lives of the best leaders among us often follow the same parable. Source: WashingtonPost.com Date: August 20, 2015… Read more »

Michelle Phan: From YouTube star to entrepreneur

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 5 Managing Technology and Information.

Description: Ipsy.com, co-founded by Phan, is a beauty subscription service that ships more than 1.3 million bags of cosmetic samples to customers each month. Source: Fortune.com – video report Date: August 14, 2015 Link: http://for.tn/1IRsvDU Questions for Discussions: Describe the business model and how Phan became aware of the opportunity? How is Phan a typical… Read more »

Bring Your Kid and Nanny: KKR Adds Perk to Keep Talent

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Description: KKR & Co. extended the company’s leave time for new parents and added a benefit allowing them to bring a new child and caregiver on business trips, paid for by KKR. Bloomberg’s Devin Banerjee reports on “Bloomberg Markets.”  (Source: Bloomberg) Source: Bloomberg.com – video report Date: August 13, 2015 Link: http://bloom.bg/1N5GH2v Questions for Discussions:… Read more »

These U.S. CEOs Make a Lot More Money Than Their Workers

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

Description: Below are 11 companies, including McDonald’s, that will probably report wide gaps between CEO and worker pay under new regulatory requirements Source: Bloomberg.com – video report Date: August 13, 2015 Link: http://www.bloomberg.com/news/articles/2015-08-13/these-ceos-make-the-most-money-compared-with-their-workers Questions for Discussions: What does this report say about the range of pay at these organizations? Is there a problem and if so,… Read more »

A World Without Work

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Description: For centuries, experts have predicted that machines would make workers obsolete. That moment may finally be arriving. Could that be a good thing? Source: TheAtlantic.com Date: July/August Issue, 2015 Link: http://www.theatlantic.com/magazine/archive/2015/07/world-without-work/395294/ Questions for discussion: What does the article say about the changes taking place in the workplace? Do you agree with the predictions? What… Read more »

Why America’s $2.9 Trillion Medical Industry Still Runs on Paper Payments

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Description: Paying medical bills is as inefficient as it was 15 years ago, and the cost is high Source: Bloomberg.com Date: June 10, 2015 Link: http://www.bloomberg.com/news/articles/2015-06-10/why-america-s-2-9-trillion-medical-industry-still-runs-on-paper-payments Questions for Discussions: Why is management of the medical industry slow to adopt electronic payment technologies? How can this problem be solved by way of incentives or penalties?

FIFA officials charged with corruption

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

Description: Swiss police arrested six FIFA officials on corruption charges from the United States. Source: CNNMoney.com – video report Date: May 27, 2015 Link: http://money.cnn.com/video/news/2015/05/27/fifa-officials-corruption-charges.cnnmoney/ Questions for Discussions: Why do you think corruption became a wide-spread problem in FIFA? How much is leadership at the center of this story? How would you clean-up the organization… Read more »