Posts Categorized: Part 5 Managing Technology and Information

Coke joins AI hype train in search for next-gen creative capabilities

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 5 Managing Technology and Information.

Description: AI’s ascendance as a leading area of investment continues with the Bain and OpenAI deal. Coke is one of the most recognized packaged goods marketers globally, meaning that its early adoption of OpenAI solutions could further accelerate the trend while producing practical use cases of the budding technology as it relates to marketing. Source:… Read more »

To Boost Outdoorsy Cred, Dick’s Buys Walmart’s Moosejaw

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: Dick’s Sporting Goods is buying Moosejaw, the ecommerce outdoor apparel company that’s been owned by Walmart since 2017. Source: MediaPost.com Date: Feb 23, 2023 Link: https://www.mediapost.com/publications/article/382814/to-boost-outdoorsy-cred-dicks-buys-walmarts-moo.html?utm_source=newsletter&utm_medium=email&utm_content=readnow&utm_campaign=129390&hashid=7T9TCmQZSDGbnu-424RuBQ Questions for discussion: Why is Dick’s Sporting Goods buying Moosejaw? What are the synergies that make this a good fit? How would you advise integrating the two businesses?

The Future Is AI-ncredible – Why Every Organization Needs To Embrace AI Technology

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, Part 6 Managing Financial Resources.

Description: Here’s my hot take on ChatGPT and other AI-assisted writing and editing tools: I know they work, mostly because no one has been able to notice when I am (or when I am not) using them (like right now?). And, if that isn’t the power of helping to create better work (with what feels… Read more »

Inside Peloton’s rapid rise and bitter fall — and its attempt at a comeback

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 5 Managing Technology and Information.

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 »

Shopify believers say payoff from early layoffs should start showing up in latest earnings

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 5 Managing Technology and Information, Part 6 Managing Financial Resources.

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 »

5 Investing Red Flags from ChatGPT put under the microscope

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, Part 6 Managing Financial Resources.

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?

Google Bard’s Public Mistake Worries Investors

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description: Google’s chatbot Bard, a conversational service for search, on Wednesday shared inaccurate information in a promotional video suggesting that Alphabet, the company’s parent, is losing ground to rival Microsoft. Source: Mediapost.com Date: Feb 09, 2023 Link: https://www.mediapost.com/publications/article/382351/google-bards-public-mistake-worries-investors.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=129234&hashid=TL8dDnMeSliWuSEzOPtYUA Questions for discussion: What is happening in the AI industry and why will developments dramatically affect Alphabet… Read more »

Google Earnings Show Advertising Demand Slowing, Posts Drop In Revenue

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 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Alphabet reported revenue Thursday of $76.05 billion in Q4 2022, up 1% year-over-year, but missing analysts’ expectations by $440 million. Source: Mediapost.com Date: Feb 02, 2023 Link: https://www.mediapost.com/publications/article/382181/google-earnings-show-advertising-demand-slowing-p.html?utm_source=newsletter&utm_medium=email&utm_content=readmore&utm_campaign=129155&hashid=TL8dDnMeSliWuSEzOPtYUA Questions for discussion: Summarize the financial information reported. What is the explanation for the shortfall in expectations? Why would this be considered concerning to investors and the… Read more »

How ChatGPT Kicked Off an A.I. Arms Race

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: Even inside the company, the chatbot’s popularity has come as something of a shock. Source: NYTimes.com Date: Feb 03, 2023 Link: https://www.nytimes.com/2023/02/03/technology/chatgpt-openai-artificial-intelligence.html Questions for discussion: What are the potential uses of this software that should appeal to consumers and businesses? Using a business example, show how can it be monetized?

How a Drug Company Made $114 Billion by Gaming the U.S. Patent System

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, Part 6 Managing Financial Resources.

Description: AbbVie for years delayed competition for its blockbuster drug Humira, at the expense of patients and taxpayers. The monopoly is about to end. Source: NYTimes.com Date: Jan 28, 2023 Link: https://www.nytimes.com/2023/01/28/business/humira-abbvie-monopoly.html Questions for discussion: Summarize the issues related to how businesses, governments, insurance companies and consumers are connected to the drug Humira. Is this… Read more »