The World in 2030: Nine Megatrends to Watch

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Description: Where will we be in 2030? I don’t usually play the futurist game — I’m more of a “presentist,” looking at the data we have right now on fast-moving megatrends that shape the world today. But a client asked me to paint a picture of what the big trends tell us about 2030. And I’d say we do have some strong indications of where we could be in 11 years.

Source: Sloanreview.mit.edu

Date: May 07, 2019

Link: https://sloanreview.mit.edu/article/the-world-in-2030-nine-megatrends-to-watch/

Questions for discussion:

  • Given that this article was written in 2019, what do you think about the analysis of trends, predictions and recommendations to businesses made then?
  • What do you think the trends, predictions and recommendations to businesses should be today, looking ahead to 2030?

Home Depot shared customer data with Meta for years without consent: Privacy commissioner

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Description: OTTAWA — Home Depot illegally shared customers’ personal data with Facebook’s parent company Meta without their knowledge or consent for years, the federal privacy commissioner revealed Thursday.

Source: FinancialPost.com

Date: Jan 26, 2023

Link: https://nationalpost.com/news/home-depot-privacy-meta?_gl=1*1if2bi9*_ga*MTczNDYyNTY2My4xNjc0OTE0MjAz*_ga_72QH41ZTMR*MTY3NDkxNDIwNC4xLjEuMTY3NDkxNTgzMy42MC4wLjA.&_ga=2.217641622.1455520416.1674915833-1734625663.1674914203

Questions for discussion:

  • Is Home Depot’s data collection and sharing policy unethical, in your opinion?
  • Is there a simple way for the firm to inform customers of the intended use of their email and purchase behavior?
  • How should the industry deal with the privacy issues raised by this case?

Law Professor Urges FTC To Regulate Ad-Tech

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: Many online ad practices are “unfair, deceptive, and privacy-invasive,” Brooklyn Law School professor Jonathan Askin says in a petition filed this month with the Federal Trade Commission.

Source: MediaPost.com

Date: Jan 19, 2023

Link: https://www.mediapost.com/publications/article/381747/law-professor-urges-ftc-to-regulate-ad-tech.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=129023&hashid=xIhhTnG4Qdmubrqstxmgaw

Questions for discussion:

  • What is the goal of the petition?
  • Do you think it is justified and regulations should be adopted?
  • What are your thoughts on privacy issues as they relate to online consumer interaction with websites that they may explore and shop at?

Why Florida Makes $20M A Year From Gatorade

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

Description: The Gatorade shower is a post-game ritual seen from the Sandlot to the Super Bowl. Celebrations aside, Gatorade is the most popular sports drink in the world, bringing in billions of dollars every year to its parent company, PepsiCo. But Pepsi doesn’t get to keep every dollar. Over the last few years, Pepsi has paid the University of Florida about $20 million annually for the rights to Gatorade. So what’s Florida got to do with Gatorade? And why do they make so much money from it? This original story was written by Mark Dent. To read the original story, visit https://thehustle.co/why-the-universi….

Source: TheHustle.com – video report

Date: Jan 25, 2023

Link: https://www.youtube.com/watch?v=FW9ZmMyLlpA

Questions for discussion:

  • Summarize the story of Gatorade and how UF came to benefit from the development and branding of the product.
  • Do you think universities should be seeking collaborative projects with businesses?
  • Which products or industries would work best, in your opinion?
  • Imagine and describe one possible example.

Amazon Ends Its Smile Charity Program Due To Low Impact

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: Amazon is killing off its decade-old AmazonSmile, which enabled customers to support their favorite nonprofits with tiny donations. Launched in 2013, Amazon Smile currently allows people to donate 0.5% of some purchases to their favorite causes.

Source: Mediapost.com

Date: Jan 20, 2023

Link: https://www.mediapost.com/publications/article/381719/amazon-axes-amazon-smile-citing-low-impact.html?utm_source=newsletter&utm_medium=email&utm_content=readmore&utm_campaign=129003&hashid=7T9TCmQZSDGbnu-424RuBQ

Questions for discussion:

  • Do you think the decision is correct?
  • How could the program be revitalized?

Palantir CEO tells tech workers who don’t like the company’s military deals, ‘Don’t work here’

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: Palantir co-founder and CEO Alex Karp knows many tech workers in Silicon Valley have misgivings about his data mining firm’s dealings with intelligence agencies and the military. He has a message for them. “You may not agree with that and, bless you, don’t work here,” Karp said at the World Economic Forum in Davos, Switzerland, during a conversation with David Rubenstein, co-chair of private equity firm The Carlyle Group.

Source: CNBC.com

Date: Jan 18, 2023

Link: https://www.cnbc.com/2023/01/18/palantir-ceo-hits-out-at-tech-workers-critical-of-its-government-work.html

Questions for discussion:

  • What are the managerial and customer related issues facing technology companies like Palantir, that are not purely defined as defence contractors?
  • What would you advise management as it attempts to navigate the waters with employees and customers?

SPOS #862 – Dolly Chugh On Resilience And True Social Change

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Description: Here it is: Six Pixels of Separation – The ThinkersOne Podcast – Episode #862. I’ve known (digitally) Dolly Chugh for some time, and I couldn’t be happier that she agreed to this have this conversation with me. Dolly is a social psychologist and management professor at the New York University Stern School of Business where she teaches MBA courses in leadership and management. She was one of six professors chosen from thousands at New York University to receive the Distinguished Teaching Award in 2020 and one of five to receive the Dr. Martin Luther King Jr. Faculty Award in 2013. Dolly’s research focuses on “bounded ethicality,” which she describes as the “psychology of good people.” Her work has been published in the leading psychology, economics, and management journals, and cited by many books and authors. Her first book, The Person You Mean To Be, is part of what lead Dolly’s TED Talk to being named one of the 25 Most Popular TED Talks of 2018, and currently has almost 5 million views. Recently, she launched the popular newsletter, Dear Good People, and her latest book, A More Just Future – Psychological Tools for Reckoning with our Past and Driving Social Change, is all about how we can better develop our resilience by dealing with our history. Enjoy the conversation…

Source: SixPixels.com – podcast

Date: Jan 15, 2023

Link: https://www.sixpixels.com/podcast/archives/spos-862-dolly-chugh-on-resilience-and-true-social-change/

Questions for discussion:

  • What are the key ideas presented by Dolly Chugh in this conversation?
  • What do you think about these ideas?
  • What would you add to the discussion?

Thoma Bravo agrees to $1.8B deal for Canada’s Magnet Forensics

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

Description: Thoma Bravo agreed to acquire Canada’s Magnet Forensics Inc. for about $1.8 billion (US$1.3 billion), adding another cybersecurity asset to the private equity firm’s portfolio. Magnet Forensics, which makes digital investigation software, will merge with Grayshift LLC, a company that Thoma Bravo acquired last year, according to a statement Friday, confirming a Bloomberg News report.

Source: BNNBloomberg.ca

Date: Jan 20, 2023

Link: https://www.bnnbloomberg.ca/thoma-bravo-agrees-to-1-8b-deal-for-canada-s-magnet-forensics-1.1872861

Questions for discussion:

  • How is this a “success-story” for employees, entrepreneurs and investors?
  • Why does it make sense for Thoma Bravo to acquire Magnet Forensics?

3 Lessons From Elon Musk’s Sabotage Of Tesla

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: Know your customers’ needs, track your rivals, and choose a clear strategy.

Source: INC.com

Date: Jan 19, 2023

Link: https://www.inc.com/peter-cohan/3-lessons-from-elon-musks-sabotage-of-tesla.html

Questions for discussion:

  • What are the key criticisms and strategic advice that is presented to the company?
  • Do you agree with this line of thinking?
  • What would you advise?

Annual Silicon Valley Bank Report Paints Sober Picture For Wine

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: A trend called Neo-Prohibitionism combined with less wine consumption by younger generations has left baby boomers as the wine industry’s sole BFFs. Those are three main takeaways from a sobering analysis of U.S. wine consumption by the wine division of Silicon Valley Bank (SVB).

Source: Mediapost.com

Date: Jan 19, 2023

Link: https://www.mediapost.com/publications/article/381730/annual-silicon-valley-bank-report-paints-sober-pic.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=129003&hashid=7T9TCmQZSDGbnu-424RuBQ

Questions for discussion:

  • Summarize the marketing issues facing the wine industry and alcohol consumption in general.
  • What would you advise the wine industry at this time?
  • Do you think alcohol consumption will go the same way as tobacco?