Description: The fitness company is now a year into an aggressive turnaround plan under CEO Barry McCarthy that has altered the company’s identity. Source: CNBC.com Date: Feb 19, 2023 Link: https://www.cnbc.com/2023/02/19/peloton-rise-fall-attempted-comeback.html Questions for discussion: Summarize the turnaround effort at the firm and the directions management is now pointing towards. Do you think the revised orientation… Read more »
Posts Categorized: Part 3 Management: Empowering People to Achieve Business Objectives
Description: LEGO bricks haven’t changed. Neither has the company’s thoughtful purpose. Source: INC.com Date: Feb 14, 2023 Link: https://www.inc.com/jason-aten/65-years-ago-lego-patented-its-first-brick-this-vintage-ad-is-a-reminder-of-why-brand-is-so-beloved.html Questions for discussion: What explains the longevity of this product and brand? Who are the customers? What is the significance of the fit between a brick made today and one made in 1958?
Description: Shopify Inc. was among the first technology giants to slash its workforce during last year’s market rout. Now, some investors say its stock is poised to outperform peers over the course of 2023 as those job cuts translate into lower costs, narrower losses and better cash flow. Source: FinancialPost.com/Bloomberg.com Date: Feb 14, 2023 Link:… Read more »
Description: Toyland is a treacherous place these days, and Mattel is the latest victim. Quarterly sales for the company plummeted 22%, and earnings missed forecasts. Source: MediaPost.com Date: Feb 10, 2023 Link: https://www.mediapost.com/publications/article/382432/turmoil-in-toyland-mattel-sales-tumble-hasbro-ha.html?utm_source=newsletter&utm_medium=email&utm_content=readnow&utm_campaign=129253&hashid=7T9TCmQZSDGbnu-424RuBQ Questions for discussion: Is this a marketing, management or financial problem? What are the possible explanations for these financial results? How does… Read more »
Description: Adidas is launching a new line with actress Jenna Ortega Adidas unexpectedly updated its financial guidance for the coming year, warning investors that the aftershocks of its dealing with Ye, the rapper formerly known as Kanye West, keep on coming. If it does not sell the existing Yeezy stock, it could lower sales by… Read more »
Description: The robots aren’t ready to take over yet Source: FinancialPost.com Date: Feb 09, 2023 Link: https://financialpost.com/investing/5-investing-red-flags-chatgpt Questions for discussion: What were the red-flags used to evaluate ChatGPT? How did ChatGPT perform, according to the report? Do you think investment advisors should be more concerned now that greater advances in AI seem likely?
Description: Bed Bath & Beyond Canada Ltd. was granted an initial order for creditor protection by the Ontario Superior Court of Justice Friday under the Companies’ Creditors Arrangement Act, according to the company acting as the court-appointed monitor for the case. Source: BNNBloomberg.ca – video report Date: Feb 10, 2023 Link: https://www.bnnbloomberg.ca/bed-bath-beyond-canada-granted-creditor-protection-winding-down-1.1882396 Questions for discussion:… Read more »
Description: In 1986, a New York zoning activist made a startling discovery: A newly constructed building was over a dozen floors too high. What followed was one of the strangest outcomes in the history of big-city housing. Source: TheHustle.co Date: Feb 03, 2023 Link: https://link.thehustle.co/view/6336092910af034736048108i4gus.4amh/236068f4 Questions for discussion: What does the article say about the… Read more »
Description: Here’s something odd: We’re getting worse at construction. Think of the technology we have today that we didn’t in the 1970s. The new generations of power tools and computer modeling and teleconferencing and advanced machinery and prefab materials and global shipping. You’d think we could build much more, much faster, for less money, than… Read more »
Description: The more your employees trust you, the more engaged they’ll be. Source: Sloanreview.mit.edu Date: Jan 24, 2023 Link: https://sloanreview.mit.edu/article/how-to-build-a-high-trust-workplace/?utm_source=newsletter&utm_medium=email&utm_content=the%20more%20engaged%20they’ll%20be&utm_campaign=Enews%20Leadership%202/2/2023 Questions for discussion: What are the benefits of greater trust in the work environment, according to the research? Why do you think this is true? How can management facilitate greater degrees of trust? Do you… Read more »