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.

Description: New York State Attorney General Letitia James told Yahoo Finance on Tuesday that her office is “considering their legal options” against Amazon (AMZN) over its decision to fire a warehouse manager who led a walkout over coronavirus protections.

Source: Yahoo.Finance.com – video report

Date: Mar 31, 2020

Link: https://finance.yahoo.com/news/amazon-sought-retaliation-when-it-fired-worker-who-led-coronavirus-walkout-ny-ag-195951868.html

Questions for discussion:

  • What are the business and broader public relations issues related to this story?
  • How would you handle the situation if you were Amazon management?
  • Do you think this scenario will be repeated at other businesses as employees are asked to gradually return to work?

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

Description: Two years ago, Warren Buffett shared the back seat of a car with a young startup founder who was selected to be the Oracle of Omaha’s personal escort for a day. Seizing the moment, the 20-something entrepreneur asked the billionaire Buffett for a success tip he could pass on to young people graduating from college. Buffett was unwavering and resolute in his answer:

Source: Entrepreneur.com

Date: Mar 30, 2020

Link: https://www.inc.com/marcel-schwantes/warren-buffett-says-you-will-be-worth-50-percent-more-if-you-improve-this-1-human-skill.html

Questions for discussion:

  • What is Warren Buffett’s message to young people?
  • How can managers help develop these skills in a working environment?
  • How can you develop these skills outside of a working environment?

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

Description: Covid-19’s forced shift to working from home offers an opportunity for small businesses to discover their next big idea.

Source: Inc.com

Date: Mar 31, 2020

Link: https://www.inc.com/stephen-denny/3-ways-to-inspire-innovation-from-remote-teams.html?utm_source=incthismorning

Questions for discussion:

  • What are the key recommendations presented in this article?
  • Do you find any of them surprising?
  • What would you add to the list?

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: Canada’s largest movie exhibitor, Cineplex Inc., will keep its doors closed nationwide into the foreseeable future amid the COVID-19 pandemic.

Source: CBC.ca

Date: Apr 01, 2020

Link: https://www.cbc.ca/news/business/cineplex-coronavirus-1.5517694

Questions for discussion:

  • What is the situation facing the firm?
  • Can this business model survive the new social and entertainment consumer environment, once the Covid – 19 pandemic subsides?

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: As the coronavirus spreads, the collapse of the project helps explain America’s acute shortage.

Source: NYTimes.com

Date: Mar 29, 2020

Link: https://www.nytimes.com/2020/03/29/business/coronavirus-us-ventilator-shortage.html

Questions for discussion:

  • What does the article say is the primary reason for the failure to produce an inexpensive ventilator?
  • Could this issue have been avoided if multiple governments around the world collaborated on the project?
  • What is the marketing and prestige value to a firm in producing an inexpensive ventilator for global sales?
  • Is there something ethically wrong with the “profit model” when it comes to health related products and services, in your opinion?

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: The 2019 novel coronavirus (COVID-19) is attacking the health, financial welfare, social order and political stability of nations across the globe. At a time when millions are fighting to survive illness, financial hardship, political upheaval, and other existential threats, it is difficult to look beyond the moment. The scourge of COVID-19 will pass. When, at what cost, and what its lasting impact will be are open questions.

Source: Fortune.com

Date: Mar 24, 2020

Link: https://www.forbes.com/sites/markcohen1/2020/03/24/covid-19-will-turbocharge-legal-industry-transformation/?fbclid=IwAR0-EJddxnWMDJ_nyO2zQ8eSwOFmbJH86D5n4fUts3A065nQyhcdTBYRXSM#5daf3a091195

Questions for discussion:

  • What does the article say about how business practices will change after Coronavirus passes?
  • Why will some business environments resist the move towards radical changes?
  • Do you agree with the assessments and predictions?

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

Description: We need to embrace change and rethink virtual meetings. Here’s how to promote a positive remote culture.

Source: Entrepreneur.com

Date: Mar 27, 2020

Link: https://www.entrepreneur.com/article/347939

Questions for discussion:

  • What does the article say about managing virtual meetings?
  • When do you think they can be more productive that face-to-face meetings?

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: Pacific Gas & Electric and California Gov. Gavin Newsom announced a deal Friday for the nation’s largest utility to emerge from bankruptcy triggered by massive liabilities from wildfires.

Source: CNBC.com – video report

Date: Mar 20, 2020

Link: https://www.cnbc.com/2020/03/20/pge-reaches-bankruptcy-deal-with-california-governor.html

Questions for discussion:

  • What are the implications for Californians going forward?
  • How will management decisions be affected as a result of the deal?

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

Description: Control what you can control: how you react to difficult situations.

Source: Entrepreneur.com – video report

Date: Mar 24, 2020

Link: https://www.entrepreneur.com/video/348087?utm_source=newsletter&utm_medium=email

Questions for discussion:

  • What are the key suggestions for dealing with emotions and stress?
  • Do you think people can learn to exercise these suggestions?
  • Do you think they can be carried forward to a time after the coronavirus has faded away?
  • What are you doing to manage your emotions?

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

Description: Shares of Canadian banks have been crushed along with the rest of the market, and that has sent their dividend yields up from the 3.5 per cent level to more than six per cent.

Source: BNNBloomberg.com – video report

Date: Mar 25, 2020

Link: https://www.bnnbloomberg.ca/canadian-bank-dividends-are-safe-despite-headwinds-analysts-say-1.1412314

Questions for discussion:

  • What is the connection between bank profits and dividend payouts?
  • How do lower interest rates help banks and borrowers?
  • Why is there confidence that banks will continue to pay out dividends?
  • What would cause this confidence to erode?