Want to Foster Innovation? Don’t Start a New Committee — Do This Instead.

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: Sparking innovation is easier than you might think — and you won’t have to schedule another meeting to make it happen.

Source: Entrepreneur.com

Date: Nov 30, 2022

Link: https://www.entrepreneur.com/leadership/want-to-foster-innovation-dont-start-a-new-committee/438574

Questions for discussion:

  • What advice is presented for fostering innovation?
  • What do you believe is the primary obstacle in most organizations?
  • What advice would you add to this discussion?

These students are facing real-world economic pressures. Mandatory financial literacy classes may help

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

Description: Provinces should make financial literacy a mandatory high school class of its own, experts say

Source: CBC.ca – video report

Date: Nov 30, 2022

Link: https://www.cbc.ca/news/business/financial-literacy-high-school-1.6668510

Questions for discussion:

  • What are the main financial literacy issues facing students, according to the report?
  • What are your primary concerns?
  • Do you feel this textbook and class has answered these concerns?
  • What else would you like to know?

In defensive interview, Sam Bankman-Fried claims he’s broke and committed no fraud

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, Part 6 Managing Financial Resources.

Description: Former FTX CEO Sam Bankman-Fried, in possibly the understatement of 2022, said Wednesday, “I’ve had a bad month.” The former billionaire added that he “didn’t do a good job” at upholding his responsibilities to regulators, customers and investors in a hotly anticipated conversation with CNBC’s Andrew Ross Sorkin at the DealBook Summit.

Source: CNBC.com – video report

Date: Dec 01, 2022

Link: https://www.cnbc.com/2022/11/30/former-ftx-ceo-sam-bankman-fried-says-i-didnt-ever-try-to-commit-fraud.html

Questions for discussion:

  • Summarize your understanding of the events that lead to the collapse of FTX.
  • How would you characterize public perception of Bankman-Fried’s behavior and explanations.
  • How do you think this story will impact business decision-making in the future?

Have the Anticapitalists Reached Harvard Business School?

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: Social justice joins discounted cash flows on the syllabus as essential knowledge for aspiring corporate leaders.

Source: NYTimes.com

Date: Nov 28, 2022

Link: https://www.nytimes.com/2022/11/28/business/business-school-social-justice.html?smid=em-share

Questions for discussion:

  • What are the main arguments presented in this article?
  • Where do you stand on these questions?
  • What do you believe are the obligations of the corporation to society?

Layoffs mount, and Main Street still can’t find any workers to hire for open jobs

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: When it comes to salary, small business owners generally don’t play in the same league as larger companies.It’s even trickier now in a tight labor market with rising wages and with more states and municipalities posting salary ranges, which stand to make small businesses look even less appealing from a salary perspective.

Source: CNBC.com – video report

Date: Nov 21, 2022

Link: https://www.cnbc.com/2022/11/19/layoffs-mount-and-main-street-still-cant-get-anyone-to-take-jobs.html

Questions for discussion:

  • What are the problems facing small businesses, according to the report?
  • What are some recommendations?
  • What else would you advise?

Billionaire Richard Branson Says What Separates Great Leaders From The Pack Really Comes Down to 1 Word

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

Description: One of the biggest myths surrounding this leadership strength is that it’s a sign of weakness.

Source: INC.com

Date: Nov 21, 2022

Link: https://www.inc.com/marcel-schwantes/billionaire-richard-branson-says-what-separates-great-leaders-from-pack-really-comes-down-1-word.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Nov%2021,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGIPkvuhoqMJn1cduF9-akeSp44Gjb4lB4EON3hbn9ZL_EWJKCGm5wSFAM9YLLYOHAd29e2ZJfhXDvkF_pcb1lUkyziXetJFruu_SOz0A

Questions for discussion:

  • Summarize what Richard Branson says about great leadership.
  • What do you think about this position?
  • What else do you think makes for a great leader?

One in Four Workers Still Fear Catching COVID-19 at Work

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

Description: WASHINGTON, D.C. — U.S. workers’ fear of contracting COVID-19 on the job has waned over the course of the pandemic, but a certain amount of unease persists. About one in four employed adults still say they are “very” (6%) or “moderately” (20%) concerned about being exposed to the coronavirus at work, while a third are “not too concerned” and 41% are “not concerned at all.”

Source: Gallup.com

Date: Nov 22, 2022

Link: https://news.gallup.com/poll/405377/one-four-workers-fear-catching-covid-work.aspx

Questions for discussion:

  • Summarize what the research shows about attitude towards COVID-19 and the work environment.
  • How should companies mitigate concerns of employees?
  • How can companies normalize worker interactions and contacts in meetings and the office area?

Think gasoline is expensive? It’s cheap compared to diesel — and it’s making inflation worse

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Demand for diesel is high and steady, while supply has never been lower

Source: CBC.ca

Date: Nov 19, 2022

Link: https://www.cbc.ca/news/business/diesel-price-explainer-1.6656228

Questions for discussion:

  • Why are diesel prices so high?
  • How does this affect inflation?
  • What are the alternatives for businesses and consumers in the short and long run?

Elon Musk’s backers cheer him on, even if they aren’t sure what he’s doing to Twitter

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: Elon Musk’s acquisition of Twitter has not exactly taken off like a rocket.
After trying desperately to get out of the $44 billion purchase, he faced a court battle for reneging. So he went through with it, while complaining that he was “obviously overpaying.” Mass layoffs and mass resignations have left Twitter a shadow of its former self. And Musk’s decision to put blue checkmarks — Twitter’s confirmation of a user’s identity — up for purchase has scared away advertisers, who provide nearly all of the company’s revenue.

Source: NPR.org

Date: Nov 21, 2022

Link: https://www.npr.org/2022/11/21/1138064606/elon-musk-twitter-investors-fans

Questions for discussion:

  • What does the report say about perceptions of Elon Musk and his handling of Twitter?
  • What do you think about his decisions?
  • Do you believe his actions at Twitter will have wider ramifications for other businesses he is tied to such as Tesla?

Iger announces first big moves in new tenure as Disney CEO: Restructuring and departure of Chapek right hand Kareem Daniel

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: Bob Iger, less than 24 hours after returning to the helm of Disney, told employees Monday that the company would be undergoing a restructuring in coming weeks. One of the first steps, Iger announced, would be the departure of Kareem Daniel, the company’s head of media and entertainment, and right hand to now-departed CEO Bob Chapek.

Source: CNBC.com – video report

Date: Nov 21, 2022

Link: https://www.cnbc.com/2022/11/21/kareem-daniel-disney-head-of-media-and-chapeks-right-hand-is-out-following-igers-return.html

Questions for discussion:

  • How has the organization been reset by Iger?
  • Do you think Iger’s changes and his reasons given make sense?
  • Why do you believe Disney was in financial trouble?
  • Do you believe the actions taken by Chapek were on track for success if given time?
  • What would you advise the firm do today?