Hedge fund billionaire Ray Dalio: ‘Capitalism basically is not working for the majority of people’

Posted by & filed under Communication, Compensation & Benefits, Control, Decision Making, Entrepreneurship, Ethics, Global Management, Human Resource Management, Leadership, Management, Motivation, Social Responsibility, Strategy.

Description: With just over $18 billion to his name, capitalism has been good to Ray Dalio: He started his hedge fund, Bridgewater Associates, out of a two-bedroom New York City apartment in 1975 and it now manages $160 billion in assets and is the largest hedge fund in the world, according to Forbes. Source: CNBC.com – video… Read more »

Health care industry spends $30 billion a year on marketing

Posted by & filed under Communication, Compensation & Benefits, Conflict, Control, Decision Making, Ethics, Global Management, Leadership, Management, Motivation, Operations Management, Planning, Social Responsibility, Strategy, Teams.

Description: Critics say patients are often misled by ads that advocate high-priced drugs, unapproved stem cell treatments or genetic tests. Source: NBC.com Date: Jan 08, 2019 Link: https://www.nbcnews.com/health/health-news/health-care-industry-spends-30-billion-year-marketing-n956251 Questions for discussion: Summarize the criticisms leveled at the health care industry in this report? Do you agree with the assessments? How should the industry, governments, and… Read more »

Facebook Advertising Profiles Are a Mystery to Most Users, Survey Says

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

Description:  The scrutiny of Facebook’s collection and use of consumer data in recent years has prompted the tech giant to repeatedly defend its efforts around transparency and privacy. Source: NYTimes.com Date: Jan 16, 2019 Link: https://www.nytimes.com/2019/01/16/business/media/facebook-advertising-transparency-users.html Questions for discussion: Summarize the highlights in this report. What do you think is motivating FB to publicize this… Read more »

Hey Siri, What Are Hearables?

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

Description:  A new category of wearable emerges Source: eMarketer.com Date: Jan 09, 2019 Link: https://www.emarketer.com/content/hey-siri-what-are-hearables?ecid=NL1009 Questions for discussion: Why is the development of hearable technology a game changer for the industry? What sorts of devices and applications can you image in the future?

Inside the $3 billion race to kill plastic

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

Description: These startups are capitalizing on consumer anxiety about climate change to market reusable straws, food wrap, and storage bags. Can they compete with plastic industry giants? Source: FastCompany.com Date: Jan 16, 2019 Link: https://www.fastcompany.com/90290048/inside-the-3-billion-race-to-kill-plastic Questions for discussion: How are startups challenging the giant consumer products companies in this arena? Why is this a particularly… Read more »

Lockout at one of Canada’s largest smelters drags into 2nd year, with no end in sight

Posted by & filed under Chapter 10 - Third-Party Intervention, Chapter 11 - The Grievance Arbitration Process, Chapter 7 - Defining and Commencing Collective Bargaining, Communication, Conflict, Decision Making, Industrial Relations, Management, Negotiation, Social Responsibility.

Description: With pickets outside Alcoa’s aluminium plant in Bécancour, Que., output has been reduced to trickle Source: CBC.ca – video report Date: Jan 11, 2019 Link: https://www.cbc.ca/news/canada/montreal/lockout-at-one-of-canada-s-largest-smelters-drags-into-2nd-year-with-no-end-in-sight-1.4973943 Questions for discussion: What does the report have to say about the history of this labour dispute? What would you advise the parties involved in order to settle… Read more »

Inside Facebook’s ‘cult-like’ workplace, where dissent is discouraged and employees pretend to be happy all the time

Posted by & filed under Communication, Conflict, Control, Decision Making, Environment, Ethics, Global Management, Human Resource Management, Leadership, Management, Motivation, Operations Management, Social Responsibility, Teams.

Description: At a company-wide town hall in early October, numerous Facebookemployees got in line to speak about their experiences with sexual harassment. Source: CNBC.com – video report Date: Jan 08, 2019 Link: https://www.cnbc.com/2019/01/08/facebook-culture-cult-performance-review-process-blamed.html Questions for discussion: Summarize the managerial culture at FB. How are conditions affecting the company and its empoyees? How should management respond to… Read more »

How Starbucks went from one coffee bean store to an $80B business

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

Description:  In its 47-year history, Starbucks has transformed from a single coffee bean store in Seattle to a 30,000 cafe international coffee power house. But massive expansion hasn’t come without growing pains. How Starbucks went from one coffee bean store to an $80B business from CNBC. Source: CNBC.com – video report Date: Jan 07, 2019… Read more »

5 Simple Ways to Identify Business Ideas That Could (Really) Change the World

Posted by & filed under Entrepreneurship, Innovation/Creativity, Management, Planning, Social Responsibility.

Description: Want to come up with a world-changing business idea? First step, think locally. What exactly does your community need? Source: Entrepreneur.com Date: Jan 09, 2019 Link: https://www.entrepreneur.com/article/325922?utm_source=newsletter&utm_medium=email Questions for discussion: What does this article suggest to entrepreneurs looking for business development ideas? Do you think the ideas are simplistic? What others suggestions would offer?

Salesforce’s Marc Benioff unplugged for two weeks, and had a revelation that could change the tech industry

Posted by & filed under Change, Communication, Entrepreneurship, Ethics, Global Management, Human Resource Management, Innovation/Creativity, Leadership, Management, Motivation, Negotiation, New product, Organizational Change, Planning, Social Responsibility, Strategy, Teams, Technology.

Description: In early July 2018, Marc Benioff packed his iPhone and iPad into a FedEx envelope and mailed it to his summer home in Hawaii. The billionaire CEO of Salesforce then hopped on a plane out of San Francisco for a quiet two-week vacation across the Galapagos Islands, Bora Bora and Easter Island. Source: CNBC.com – video report Date:… Read more »