Kristen Bell and Her Cofounders Built a Company to Save Lives. But Growing It Wasn’t So Simple.

Posted by & filed under Decision Making, Entrepreneurship, Ethics, Global Management, Innovation/Creativity, Leadership, Management, New product, Planning, Social Responsibility.

Description: With an entrepreneurial can-do mindset, the four Hollywood vets have built a business with soaring sales and global impact. Source: Entrepreneur.com Date: Apr 09, 2019 Link: https://www.entrepreneur.com/article/331237 Questions for discussion: Summarize the strategic decisions made to develop the company. How would this story be different if it was managed as a for-profit start-up? How… Read more »

You can’t take anything home from Ikea’s new store

Posted by & filed under Communication, Control, Decision Making, Global Management, Innovation/Creativity, Management, New product, Planning, Strategy.

Description: The company’s first Manhattan store is nothing like any Ikea you’ve ever been to. Source: FastCompany.com Date: Apr 10, 2019 Link: https://www.fastcompany.com/90332083/i-went-to-ikeas-first-small-store-and-it-answered-all-my-prayers?utm_source=postup&utm_medium=email&utm_campaign=Fast%20Company%20Daily&position=6&partner=newsletter&campaign_date=04112019 Questions for discussion: Explain the change in thinking – by management and customers – that has led to this store design. Should Ikea develop this concept at its suburban stores as well?

Should You Compete With (and Potentially Kill) Your Own Business?

Posted by & filed under Change, Control, Decision Making, Entrepreneurship, Innovation/Creativity, Leadership, Management, New product, Planning, Strategy.

Description: Adam Schwartz’s t-shirt company was struggling. Instead of saving it, he built something new — and better. Source: Entrepreneur.com Date: Apr 12, 2019 Link: https://www.entrepreneur.com/article/331231 Questions for discussion: What does the article say about creative thinking and business evolution? Could these businesses succeed without low-cost online advertising from companies like Google?

Awash in Data, Marketers Still Find Ad Targeting Capabilities Lacking

Posted by & filed under Communication, Control, Decision Making, Management, Technology.

Description: The push for more effective ad targeting remains one of marketers’ chief priorities, evidenced by two reports released this year. Source: eMarketer.com Date: Apr 11, 2019 Link: https://www.emarketer.com/content/better-ad-targeting-remains-a-top-priority-for-marketers?ecid=NL1001 Questions for discussion: What does the research say about data gathering issues facing management? How can managers deal with the problems they face?

Here’s the best Canadian city to start a small business in (no, it’s not Toronto or Waterloo)

Posted by & filed under Decision Making, Entrepreneurship, Ethics, Human Resource Management, Innovation/Creativity, Management, Planning.

Description: Toronto, Vancouver, Calgary and Montreal don’t even make it into Canada’s 10 most entrepreneurial cities’ list Source: FinancialPost.com Date: Apr 03, 2019 Link: https://business.financialpost.com/entrepreneur/heres-the-best-canadian-city-to-start-a-small-business-in-no-its-not-toronto-or-waterloo Questions for discussion: What are some of the key criteria for identifying the “best” cities to start a small business in Canada? Why would businesses willingly pay higher taxes in… Read more »

Facebook sets its sights on housing. Should Zillow be worried?

Posted by & filed under Communication, Decision Making, Global Management, Innovation/Creativity, Management, Planning, Social Responsibility, Strategy, Technology.

Description: Americans may start to become more ‘social’ in the way they shop for homes, one analyst thinks Source: MarketWatch.com Date: Apr 03, 2019 Link: https://www.marketwatch.com/story/facebook-sets-its-sights-on-housing-should-zillow-be-worried-2019-04-03?mod=mw_theo_homepage Questions for discussion: What are the competitive advantages favoring Facebook in the real estate business? Do you think consumers will respond to Facebook advertising for housing? Explain.

GE bets on offshore wind as fossil fuels business stumbles

Posted by & filed under Control, Decision Making, Global Management, Leadership, Management, New product, Planning, Social Responsibility, Strategy, Technology.

Description: New York (CNN Business)General Electric is a tiny player in the booming offshore wind market. But that will change soon — and it needs to, if the company wants to outgrow its exposure to fossil fuels. One major investment that illustrates GE’s interest: The Haliade-X, the world’s largest and most powerful offshore wind turbine. Source: CNNMoney.com –… Read more »

Social Recommendations Influence One in Three Mothers to Buy

Posted by & filed under Communication, Decision Making, Management, New product, Planning, Social Responsibility, Strategy, Technology.

Description: When it comes to shopping, social media seems to have somewhat limited influence on parents’ purchasing behavior—but they’ll use it (and other online resources) for researching. Source: eMarketer.com Date: Apr 03, 2019 Link: https://www.emarketer.com/content/social-recommendations-influence-one-in-three-mothers-to-buy Questions for discussion: What does the report say about the influence of social media on parental behavior? What should strategic planning… Read more »

Inside Ikea’s plan to reinvent itself as a circular company

Posted by & filed under Communication, Decision Making, Environment, Global Management, Innovation/Creativity, Leadership, Management, Planning, Social Responsibility.

Description: From rental furniture to modular couches, the company is finding more and more ways to limit its use of raw materials. Source: FastCompany.com Date: Apr 03, 2019 Link: https://www.fastcompany.com/90328244/inside-ikeas-plan-to-reinvent-itself-as-a-circular-company Questions for discussion: What is driving the new business model? What are the constraints the company will have to deal with? Do you think the… Read more »

YouTube Executives Ignored Warnings, Letting Toxic Videos Run Rampant

Posted by & filed under Control, Decision Making, Ethics, Global Management, Leadership, Management, Social Responsibility, Technology.

Description: Proposals to change recommendations and curb conspiracies were sacrificed for engagement, staff say. Source: Bloomberg.com Date: Apr 02, 2019 Link: https://www.bloomberg.com/news/features/2019-04-02/youtube-executives-ignored-warnings-letting-toxic-videos-run-rampant Questions for discussion: Summarize the key points made in this report related to the way management dealt with this issue. What would you advise, going forward?