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?

This new technical fabric replaces polyester with banana plants

Posted by & filed under Entrepreneurship, Ethics, Global Management, Innovation/Creativity, Leadership, Management, Planning, Social Responsibility, Strategy, Technology.

Description: The abacá plant grows without needing lots of water or pesticides, helps stop erosion, and is now being used to replace fossil fuels in clothes. Source: FastCompany.com Date: Apr 12, 2019 Link: https://www.fastcompany.com/90333645/this-new-technical-fabric-replaces-polyester-with-banana-plants?utm_source=postup&utm_medium=email&utm_campaign=Fast%20Company%20Daily&position=7&partner=newsletter&campaign_date=04122019 Questions for discussion: What are the major attributes that differentiate this new product? How should managers market this new product so… 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 »

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

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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?

McDonald’s will no longer lobby against minimum wage hikes

Posted by & filed under Compensation & Benefits, Decision Making, Ethics, Global Management, Human Resource Management, Leadership, Management, Operations Management, Planning, Social Responsibility, Technology.

Description:  McDonald’s will no longer take part in efforts to lobby against raising the minimum wage at the federal, state or local level, the fast-food giant told the National Restaurant Association Tuesday. Source: CNBC.com Date: Mar 27, 2019 Link: https://www.cnbc.com/2019/03/27/mcdonalds-reportedly-to-stop-lobbying-against-minimum-wage-hikes.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: What does this decision mean for the firm and the industry at large?… Read more »

Everything you need to know about the Apple credit card, TV Plus and news subscription launch 

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

Description: Apple has today unveiled its secretive, decade-long effort to build a TV subscription service that will rival the likes of Netflix and Amazon Prime. Source: Telegraph.co.uk – video report Date: Mar 26, 2019 Link: https://www.telegraph.co.uk/technology/2019/03/26/everything-need-know-apple-credit-card-tv-plus-news-subscription/ Questions for discussion: What are the competitive advantages for Apple in these markets? How well do you think Apple will be… Read more »

Lululemon surges to record high after ‘near flawless execution’

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

Description: Lululemon Athletica Inc. (LULU.O 14.13%) shares soared to a record high on Thursday after the maker of upscale yogawear topped fourth-quarter estimates and its forecast eased concerns of decelerating sales. Source: BNNBloomberg.ca – video report Date: Mar 28, 2019 Link: https://www.bnnbloomberg.ca/lululemon-surges-to-record-high-after-near-flawless-execution-1.1236152 Questions for discussion: Explain the firm’s success? Do you think the best yet is… Read more »

Reddit to Cross $100 Million in Ad Revenues in 2019

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Description: Following a cleanup of its platform and revamped ad model, online social blog reddit is on pace to more than double its ad revenues by 2021. Reddit’s ad business will grow nearly 55%, crossing the $100 million mark this year, according to eMarketer’s latest US ad forecast. Source: eMarketer.com Date: Mar 26, 2019 Link:… Read more »