Description: Ten major pharmaceutical companies have decided to collaborate under the guidance of National Institute of Health to develop new drugs for major diseases. This is a major departure from the way pharmaceutical companies have traditionally worked. Source: CBC Date: Feb 04, 2014 Link: http://www.cbc.ca/player/News/Business/ID/2434950263/ Questions for Discussion: List the benefits of such a collaboration?… Read more »
Posts Categorized: Change
MBA grads choosing non-corporate sectors
Description: According to a recent report compiled by Catalyst, 11% of Canadian high profile employees (those with an MBA) are beginning their career in the non-corporate sector; that is jobs in the public sector and non-profit organizations. This percentage is substantially higher for Canada than those for the U.S. (4%), Asia (3%) and Europe (5%)…. Read more »
CBC loses Hockey rights to Rogers
Description: For sixty years, CBC was the main face of Hockey in Canada. In a massive broadcasting deal, NHL announced that Rogers has secured the national television and multimedia rights for Hockey in Canada for the next 12 years; this deal is worth a hefty $5.2 billion. Source: CBC Date: November 26 2013 Video link:… Read more »
Gender gap is bad for business
Description: A recent study at University of British Columbia found that companies that had women on their board were better deal makers: they paid significantly less premiums for target firms and were more cautious when acquiring firms. Despite several similar studies over the years confirming that higher gender diversity on corporate boards lead to better… Read more »
Sears closing five stores in Canada
Description: Sears Canada has announced to close five stores in Canada including its store in the Toronto’s Eaton center—its flagship store in Toronto. This announcement comes at a time when Target plans to open 33 more stores in Canada. Source: CBC Date: Oct. 29, 2013 Video Link: http://www.cbc.ca/player/News/Business/ID/2415020369/?page=2 Questions for Discussion: Do you agree with… Read more »
Is there actually a skill shortage in Canada?
Description: There are conflicting reports on whether Canada faces a skill shortage. While the Canadian government insists that there is severe shortage of skilled people in Canada, a recent TD report rebuffs that claim. Source: CBC Date: Oct. 22, 2013 Video Link: http://www.cbc.ca/player/News/Business/ID/2413451599/?page=2 Questions for Discussion: Do you agree with the government or the TD… Read more »
Air Canada’s new strategy
Description: Air Canada CEO Calin Rovinescu discusses the procedural changes that led Air Canada to post its best second quarter earnings ever; Air Canada has been in business for 75 years. Source: CBC Date: Oct. 18 2013 Video link: http://www.cbc.ca/player/News/Business/ID/2412964045/ Questions for Discussion: Explain the process that eventually led to Air Canada’s successful quarter earnings?… Read more »
Canadian startups changing the way men shop
Description: Most men would avoid going to malls and going through reaps of clothes. New Canadian start-ups, such as Indochino, Frank & Oak and Suitly, have found a way out for Men to shop without stepping in a mall. Source: Financial Post Date: Oct. 6, 2013 Text Link: http://business.financialpost.com/2013/10/06/how-canadian-startups-are-changing-the-way-men-shop/ Questions for Discussion: What are the… Read more »
Promoting NHL in the U.S. market
Description: U.S. is a crowded market for professional sports. While NHL is the number 1 professional sport in Canada, it is ranked 4 in the U.S. Source: CBC Date: Oct. 04, 2013 Video Link: http://www.cbc.ca/player/News/Business/ID/2410484343/ Questions for Discussion: Why have the southern teams not been able to make money? Suggest some measures to promote NHL… Read more »
Future of Newspapers
Description: Jeff Bezos, Amazon CEO, calls print papers a luxury item which are well on their way out. On the other hand, Conrad Black argues that it’s too early to call for the demise of print newspapers. Source: CBC Date: Sept. 25, 2013 Video Link: http://www.cbc.ca/player/News/Business/ID/2408595473/ Questions for Discussion: Analyze the arguments that Conrad Black has… Read more »
