Ford to build new plant in China

Posted by & filed under 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:  In a global push, the carmaker will open its third plant in China and introduce four new vehicles before 2012. Source: CNNMoney – video report   Date: 9/25/2009 Keys: International business, management, marketing, strategic planning Link: http://money.cnn.com/video/markets/2009/09/25/mkts_asia_ford_china_u3x.cnnmoney/ Questions for discussion:  Why do you think Ford is building new plants in China? Explain your thinking…. Read more »

Study shows U.S. bank CEO pay dwarfs rest of world

Posted by & filed under Part 3 Management: Empowering People to Achieve Business Objectives.

Description: You wouldn’t know it by his pay stubs, but Jiang Jianqing heads the world’s largest bank. Jiang, chairman of Industrial and Commercial Bank of China, made just $234,700 in 2008. That’s less than 2 percent of the $19.6 million awarded to Jamie Dimon, chief executive of the world’s fourth-largest bank, JPMorgan Chase & Co…. Read more »

Xerox: A smooth CEO transition

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Description:  Outgoing chief Anne Mulcahy and incoming head Ursula Burns discuss their historic CEO handoff. Source: CNNMoney – video report   Date: 9/16/2009 Keys: Management, HR, strategic planning Link: http://money.cnn.com/video/fortune/2009/09/16/f_mpw_xerox_transition.fortune/ Questions for discussion:  Summarize the similarities and differences you can observe about these two CEOs. Do you find it strange that their educational backgrounds are… Read more »

Marchionne Managing Chrysler Means 5 Mobile Devices in Backpack

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Description: To save Chrysler Group LLC, Chief Executive Officer Sergio Marchionne has to create a mid-size sedan that can compete with the world’s best. It’s a three- to five-year job, and he may have two years to do it. Source: Bloomberg.com Date: 9/14/2009 Keys: Management, investing, marketing Link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=awHymjXNOYdI Questions for discussion: Summarize the strategies… Read more »

Steve Jobs is back

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Description:  Apple’s CEO makes his first public appearance in a year to unveil iPod upgrades. Source: CNNMoney – video report   Date: 9/09/2009 Keys: Management, marketing Link: http://money.cnn.com/video/technology/2009/09/09/f_tt_apple_steve_jobs.fortune/ Questions for discussion: Why is the return of Steve Jobs so important to Apple and the industry in general? Do you think Apple’s new product features will… Read more »

Skype founders’ Joost ousts chairman Mike Volpi

Posted by & filed under 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: Web TV firm Joost, owned by the founders of Skype, removed its high-profile chairman Mike Volpi by shareholder vote, it said in a statement late on Friday. Source: Reuters News Date: 9/12/2009 Keys: Management, investing, marketing Link: http://www.reuters.com/article/ousivMolt/idUSTRE58B0UZ20090912 Questions for discussion: Why do you think the same people keep emerging as top managers? Explain… Read more »

Pfizer whistleblower’s ordeal reaps big rewards

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Description: Taking on corporate giants can feel like tilting at windmills, but John Kopchinski’s six-year legal battle against Pfizer Inc (PFE.N) just made him a rich man. The Gulf War veteran and former Pfizer sales representative will earn more than $51.5 million as a result of his whistleblower lawsuit against the world’s biggest drugmaker and… Read more »

More questions than answers on Google Books

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Google’s Dan Clancy had patiently answered question after question regarding Google’s’ Book Search settlement with publishers and authors until late in the afternoon Friday, when he was finally left speechless. A young man from the University of California at Berkeley’s School of Information asked Clancy what kind of message was sent when Google decided to… Read more »

The birth of Costco

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Costco CEO Jim Sinegal on how the wholesale retailer went from concept to $1 billion in just three years. Source: CNNMoney – video report   Date: 8/17/2009 Keys: Management, marketing, small business Link: http://money.cnn.com/video/smallbusiness/2009/08/17/sbiz.hwgs.costco.sinegal.smb/ Questions for discussion: Summarize the small business developmental history of Costco into the firm that exists today? What were some of… Read more »

Reader’s Digest to File Chapter 11 to Reduce Debt (Update2)

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Reader’s Digest Association Inc., the publisher of the pocket-sized magazine, will likely file a Chapter 11 bankruptcy under an agreement with a majority of its secured lenders to reduce debt by 75 percent. Source: Bloomberg.com Date: 8/17/2009 Keys: Marketing, management, finance, bankruptcy Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=asX0oQc5YBZc Questions for discussion: Do you think there is a market for… Read more »