IBM Bringing in Innovative Changes

Posted by & filed under Change, Individual Behavior, Innovation/Creativity, New product, Organizational Change, Technology.

Description: IBM is entering new businesses to stay competitive. However, it is trying break away from its past by changing the way it thinks about innovation. Changing culture is extremely difficult in large companies like IBM, which houses more than 370,000 employees. Source: New York Times Date: November 14, 2015 Text Link: http://www.nytimes.com/2015/11/15/business/ibms-design-centered-strategy-to-set-free-the-squares.html?ref=business Questions for… Read more »

Bank of Canada cuts rate by a quarter point

Posted by & filed under Environment, Global Management, Individual Behavior, Video Report.

Description: In a decision that came as a shock to most economists, the Bank of Canada cut its rate on overnight loans by a quarter point to 0.75%. Canada was the first among the Group Seven countries to cut its interest rate. Source: CBC Date: January 21, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2649342059/ Questions for Discussion: Discuss… Read more »

Sears Canada looking for its fourth CEO in three years

Posted by & filed under Human Resource Management, Individual Behavior, Leadership.

Description: Sears Canada CEO, Douglas Campbell, resigned after only spending one year at the top position. He cited family reasons for his resignation. This aggravates the already precarious situation Sears finds itself in – for the last eight years, its sales have continued to decline. Source: Financial Post Date: September 25, 2014 Link: http://business.financialpost.com/2014/09/25/sears-canada-ceo-douglas-campbell-resigns-after-one-year-in-the-job/ Questions… Read more »

“Guilt Tipping”

Posted by & filed under Ethics, Individual Behavior, Innovation/Creativity, Technology, Video Report.

Description: Technology has made it easier for people to tip. Starbucks will soon allow customers to leave a tip using a mobile app. It is almost impossible today for customers to forget to tip. Source: CBC Date: March 13, 2014 Link: http://www.cbc.ca/player/News/Business/ID/2441753660/ Questions for Discussion: According to Bruce Sellery, what is “Guilt Tipping”? How has… Read more »

TSX takes a big fall as fears over emerging markets grip the investors

Posted by & filed under Environment, Global Management, Individual Behavior.

Description: The TSX saw its largest one day fall in the last seven months—it fell 215.21 points on Friday Jan. 24. Investors seem to be worried about the growth prospects of the emerging markets and the U.S. Federal Reserve’s decision to scale back its stimulus program. Source: BNN Date: Jan 24, 2014 Link: http://www.bnn.ca/News/2014/1/24/TSX-tumbles-as-emerging-market-fears-grip-investors.aspx Questions… Read more »

CEO turnover highest in three years

Posted by & filed under Human Resource Management, Individual Behavior, Leadership, Management.

Description: A recent U.S. report finds that CEO turnover at U.S. companies is at its highest in the last three years with nearly 128 CEOs announcing their departures in the month of July alone. This represented a 54% increase over the same time last year. Source: Financial Post Date: August 7, 2013 Text Link:  http://business.financialpost.com/2013/08/07/ceo-turnover-highest-in-three-years-says-report/… Read more »

Full Retirement – A Distant Dream

Posted by & filed under Change, Environment, Individual Behavior.

In a recent survey, more than 66% of the Canadians mentioned that they will continue to work beyond the age of 66. Sun Life Financial—Canada’s third largest insurance company—attributes these results to current economic volatility, increasing consumer debts, rising health case cots, longer life expectancy and lack of planning. Governments are also encouraging late retirements… Read more »

From India with Money

Posted by & filed under Change, Communication, Entrepreneurship, Global Management, Individual Behavior, Management, Strategy.

Average household income of Canadian immigrants from India is $95,000 which is 14% more than average income of Canadians. The expenditure for Indians who have immigrated to Canada since 2006 have increased by 46%, compared to an average of 19% increase in the expenditure of Canadians. An average of 56% immigrants from India own new… Read more »

The Business Cycle

Posted by & filed under Human Resource Management, Individual Behavior.

Shawn Bravender is an avid cyclist and cycling is his preferred method of commuting. Naturally, riding a bike to and from work causes a few concerns (e.g., hygiene, appropriate business attire), so when Bravender’s employer gave him the task of figuring out how to make it work, he did. The move may become more common… Read more »