Meta shares plunge 23% to the lowest price since 2016

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: Shares of Meta plunged 23% Thursday morning as investors and analysts digested the company’s third-quarter earnings miss and a weak fourth-quarter outlook. Shares were trading under $100 at market open, the lowest price since 2016.

Source: CNBC.com – video report

Date: Oct 27, 2022

Link: https://www.cnbc.com/2022/10/27/meta-stock-falls-23percent-on-earnings-miss-analyst-downgrades.html

Questions for discussion:

  • Why has the stock value dropped so drastically?
  • Do you believe FB is on the decline and other apps will continue to take more advertising revenue?
  • Why is Meta spending so much a part of this story?
  • What would you advise management?

Indoor growing could feed Canadians — and others — year-round

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: Whether it was pandemic-driven supply chain delays, a war in Europe causing grain prices to spike or flooding in British Columbia disrupting rail lines and highways, the past two and a half years have shone a light on how vulnerable Canada’s food system is to climate change and other global factors.

?Source: Yahoo.Finance.com

Date: Oct 26, 2022

Link: https://ca.finance.yahoo.com/news/indoor-growing-could-feed-canadians-143000155.html

Questions for discussion:

  • What are the pros and cons of further development of this agri-business concept?
  • Why should agri-businesses focus on expensive and difficult to produce food?

SPOS #850 – Douglas Rushkoff On The Harmful Effects Of Technology On Our Future

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: Here it is: Six Pixels of Separation – The ThinkersOne Podcast – Episode #850. I’ve said it before… I will say it again: Douglas Rushkoff is – without a doubt – one of the smartest humans beings on this earth that I get to call a friend. Douglas is back with another compelling book about technology and how it could impact us (in a very negative way) if we don’t start making serious moves… right away. The new book is called, Survival of the Richest – Escape fantasies of the tech billionaires, and it goes well below the depth of bunkers that these tech billionaires have built to save themselves should everything sideways. In this book, Doug traces the origins of The Mindset in science and technology through its current expression in missions to Mars, island bunkers, AI futurism, and the metaverse. In a dozen urgent, electrifying chapters, he confronts tech utopianism, the datafication of all human interaction, and the exploitation of that data by corporations. Through fascinating characters — master programmers who want to remake the world from scratch as if redesigning a video game and bankers who return from Burning Man convinced that incentivized capitalism is the solution to environmental disasters — Doug explores why those with the most power to change our current trajectory have no interest in doing so. Named one of the world’s ten most influential intellectuals by MIT, Doug is an award-winning author, broadcaster, and documentarian who studies human autonomy in the digital age. He hosts the popular Team Human podcast, Rushkoff has written twenty books, including the bestsellers Team Human, Present Shock and Program or Be Programmed. He is also the person who made the PBS Frontline documentaries Generation Like and The Merchants of Cool. Douglas coined such concepts as “viral media” and “social currency,” and has been a leading voice for applying digital media toward social and economic justice. He is a research fellow of the Institute for the Future, and founder of the Laboratory for Digital Humanism at CUNY/Queens, where he is a professor of media theory and digital economics. Let’s dig into the present and future of tech. Enjoy the conversation…

Source: SixPixels.com – podcast

Date: Oct 26 2022

Link: https://www.sixpixels.com/podcast/archives/spos-850-douglas-rushkoff-on-the-harmful-effects-of-technology-on-our-future/

Questions for discussion:

  • Summarize the key insights developed in the conversation with Douglas Rushkoff.
  • What do you think about these things and how they relate to business?

Apple Quietly Rolled Out a Change That Could Be the End of Facebook

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Apple isn’t just coming for Facebook’s money, it’s coming for its business.

Source: INC.com

Date: Oct 27, 2022

Link: https://www.inc.com/jason-aten/apple-quietly-rolled-out-a-change-that-could-be-end-of-facebook.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Oct%2026,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGHuDANPsXgpSh7DvX5FXGcVHzm_RyLSUzzo1GMOhx_ihLjxVqDuYCcWy0sJmhfyKYuCbqpclo0hn3hcyLM8sC9io0Oppj98rgzN4lSjw

Questions for discussion:

  • How will Apple revenue grow with this new requirement?
  • Do you think it is the end of Meta?
  • How can Meta and other apps counter this strategic move by Apple?

Netflix adds more than 2.4 million subscribers, reveals details about password-sharing crackdown

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 6 Managing Financial Resources.

Description: Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The streamer also reported the addition of 2.41 million net global subscribers, more than doubling the adds the company had projected a quarter ago.

Source: Yahoo.Finance.com – video report

Date: Oct 18 2022

Link: https://www.cnbc.com/2022/10/18/netflix-nflx-earnings-q3-2022.html

Questions for discussion:

  • What does the report say about the reasons for the stock price jump?
  • Do you think this is the beginning of more subscriber growth?
  • How else can Netflix increase revenue?
  • What other marketing ideas would you suggest to management?

How Do You Make a Decision When Every Option Looks Bad?

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

Description: In the face of a crisis, Patagonia founder Yvon Chouinard worked with his team to create a new solution. Here’s how other leaders can do the same, writes Wharton Dean Erika James.

Source: knowledge.wharton.upenn.edu

Date: Oct 14, 2022

Link: https://knowledge.wharton.upenn.edu/article/how-do-you-make-a-decision-when-every-option-looks-bad/?utm_campaign=KatW2022&utm_medium=email&utm_source=kw_campaign_monitor&utm_term=10-19-2022&utm_content=How_Do_You_Make_a_Decision_When_Every_Option_Looks_Bad

Questions for discussion:

  • What is the advice suggested when every option looks bad?
  • What do you think about this line of thinking?
  • How important is avoiding crisis in the first place?
    ?

Megan Reitz On Navigating Power And Politics At Work – This Week’s Six Pixels of Separation Podcast

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

Description: Enabling people to speak up at work is now an imperative to reduce the risk of wrong-doing as well as access vital knowledge and ideas from employees. Simply asking people to ‘speak up’ and encouraging leaders to ‘engage in conversation’ without thoroughly appreciating the impact that power differences – and prevailing social and cultural norms – have on what can be spoken, and what is heard, is naïve at best. This is the work of Megan Reitz and the main topic of her latest book, Speak Up – Say what needs to be said and hear what needs to be heard (along with co-author, John Higgins). Working at the intersection of leadership, change, dialogue and mindfulness, Megan has presented research to audiences throughout the world and is ranked as one of the top 50 management thinkers in the world by Thinkers50 and on the 2021 HR Most Influential list of Thinkers. She is also the author of Dialogue in Organizations – Developing Relational Leadership and Mind Time – How 10 mindful minutes can enhance your work, health and happiness. Megan is a Professor of Leadership and Dialogue at Ashridge Executive Education – part of Hult International Business School. Before joining Ashridge, Megan was a consultant with Deloitte, surfed the dot-com wave with boo.com, and worked in strategy consulting. Enjoy the conversation…

Source: SixPixels.com – podcast

Date: Oct 07, 2022

Link: https://www.sixpixels.com/articles/archives/megan-reitz-on-navigating-power-and-politics-at-work-this-weeks-six-pixels-of-separation-podcast/

Questions for discussion:

  • What does Morgan Reitz say about how and why management should facilitate employee communications at work?
  • Do you agree with this approach?
  • What would you add to the discussion?

CRTC decision paves way for cheaper cellphone bills, but Canadians may still have to wait

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: In a much-awaited decision, the Canadian Radio-television and Telecommunications Commission has laid out terms and conditions for a policy aimed at increasing competition and lowering prices in mobile wireless services.

?Source: FinancialPost.com

Date: Oct 20, 2022

Link: https://financialpost.com/telecom/crtc-mobile-wireless-phone-bills

Questions for discussion:

  • Why do you suppose the CRTC continues to support the dominance of the current big suppliers?
  • Is more competition the only answer to lowering prices for customers?
  • What are your thoughts on this industry and regulation?

Anti-Defamation League urges Adidas to sever ties with Ye’s Yeezy

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 6 Managing Financial Resources.

Description: The Anti-Defamation League is urging Adidas to sever ties with Ye, calling out his recent hateful comments in a letter to Adidas CEO Kasper Rorsted and Chairman Thomas Rabe. The rapper and designer, formerly known as Kanye West, has in recent weeks made several degrading remarks about Jewish people and targeted his business partners with public threats. In September, he parted ways with retailer Gap, and earlier this month, Adidas said it was reviewing its relationship with Ye.

Source: CNBC.com

Date: Oct 20, 2022

Link: https://www.cnbc.com/2022/10/20/anti-defamation-league-to-adidas-sever-ties-with-kanye-wests-yeezy.html

Questions for discussion:

  • Would severing ties with Ye likely affect Adidas sales?
  • How might it affect its brand and public image?
  • Do you think Adidas’ brand and public image would be affected if it did nothing after being called to public attention?
  • What would you advise management do?
  • How should investors view the stock, at this time?

Pfizer CEO: 2023 will be a ‘pivotal year’ as COVID-19 drug sales wane

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 6 Managing Financial Resources.

Description: Americans are moving on from COVID-19. Most public places, transit, and municipalities have gotten rid of mask mandates. Vaccine booster rates have plateaued, even with the introduction of a new “bivalent” shot targeting multiple variants, including Omicron.

Source: Yahoo.Finance.com – video report

Date: Oct 18, 2022

Link: https://ca.finance.yahoo.com/news/pfizer-ceo-2023-pivotal-year-as-covid-19-drug-sales-wane-195020896.html

Questions for discussion:

  • How is the company attempting to deal with expected decline in Covid vaccine sales?
  • Why would collaborations with other pharmas work well for Pfizer?
  • Would you be an investor is Pfizer today?