Now Is Not a Good Time to Skimp on Worker Training

Posted by & filed under Communication, Compensation & Benefits, Decision Making, Human Resource Management, Individual Behavior, Industrial Relations, Leadership, Management, Operations Management, Organizational Change, Organizational Structure & Design, Planning, Teams.

Description: With unemployment near a record low, many businesses have no choice but to spend to upgrade employee skills. Source: Bloomberg.com Date: Oct 26, 2018 Link: https://www.bloomberg.com/news/articles/2018-10-26/now-is-not-a-good-time-to-skimp-on-worker-training?srnd=businessweek-v2 Questions for discussion: What does the article say about training in different countries around the world? How should managers interpret the suggestions in this article?

Tim Hortons parent sees Canadian growth as it works to fix franchisee relationship

Posted by & filed under Communication, Global Management, Innovation/Creativity, Leadership, Management, Operations Management, Organizational Change, Organizational Structure & Design, Planning, Strategy.

Description: The parent company of Tim Hortons saw sales growth at Canadian locations of the coffee-and-doughnut chain as executives say their work to mend fraught franchisee relations is paying off, though more work remains. Source: BNNBloomberg.com – video report Date: Oct 25, 2018 Link: https://www.bnnbloomberg.ca/tim-hortons-parent-sees-canadian-growth-as-it-works-to-fix-franchisee-relationship-1.1157210 Questions for discussion: Explain the expansion plans at Tim Hortons?… Read more »

How Target will try to crush Amazon and Walmart in toys this holiday season

Posted by & filed under Communication, Decision Making, Innovation/Creativity, Leadership, Management, Negotiation, Operations Management, Organizational Change, Organizational Structure & Design, Planning, Strategy, Teams, Technology.

Description:  The holiday season is approaching, and with it the holiday toy wars. Source: Yahoo.Finance.com – video report Date: Oct 18, 2018 Link: https://finance.yahoo.com/news/target-will-try-crush-amazon-walmart-toys-holiday-season-160044412.html Questions for discussion: What is the strategy Target is using for this toy buying season? Are they targeting kids or their parents? Do you think they will succeed with this seasonal… Read more »

Why Marketers Struggle with Data-Driven Personalization

Posted by & filed under Communication, Control, Decision Making, Entrepreneurship, Global Management, Management, Operations Management, Organizational Change, Planning, Social Responsibility, Strategy, Teams, Technology.

Description: Personalization is a key part of many marketing strategies, but it remains a very difficult task for marketers to pull off effectively. Source: eMarketer.com Date: Oct 18, 2018 Link: https://www.emarketer.com/content/why-marketers-struggle-with-data-driven-personalization?ecid=NL1001 Questions for discussion: What should managers take away from this research? How should this information be integrated with strategic plans?

CEO of Deciem cosmetics brand ousted at request of Estée Lauder

Posted by & filed under Communication, Conflict, Control, Decision Making, Entrepreneurship, Ethics, Global Management, Human Resource Management, Leadership, Management, Negotiation, Operations Management, Organizational Change, Organizational Structure & Design, Planning, Strategy, Teams.

Description: Brandon Truaxe is out after turbulent week, which included shuttering all the company’s stores Source: CBC.ca Date: Oct.12, 2018 Link: https://www.cbc.ca/news/business/decium-ceo-removed-abnormal-beauty-company-1.4860687 Questions for discussion: What is the current situation? How did the organization arrived at this managerial breakdown? What should the firm have done to prevent these events? Do you think the brand has… Read more »

How CMOs Can Prepare Their Organisations for AI-Driven Decision Making

Posted by & filed under Change, Decision Making, Environment, Innovation/Creativity, Leadership, Management, Operations Management, Organizational Change, Organizational Structure & Design, Planning, Social Responsibility, Technology.

Description: Problem-solving is explorative process. Since my job is to help business and marketing leaders identify and tackle their biggest growth challenges, when I’m not talking to people, I’m absorbed in research or excavating insights from data. Source: 360advertisingweek.com Date: Oct 12, 2018 Link: http://360.advertisingweek.com/how-cmos-can-prepare-their-organisations-for-ai-driven-decision-making/?mkt_tok=eyJpIjoiTmpka1pURTFPR0ZqTUdVeCIsInQiOiJkR0VBcHByVzFjS082ZzVCVjdMbWxlZG9JVENoV1JKSGFzeGp4bEFRVnpzOWJ4UEJcL0czMTNuMDRSYlhaSU9LclU4Q2ZnWnNWNmRwZE5PZFIwQk95aFZONzVVVTlUSXdBUHptdGpFMFpjVTF2MlJxWWhWWHFyU0xRU1M5UmVEYmoifQ%3D%3D Questions for discussion: What does the article say to managers… Read more »

Square plunges 15% after losing its CFO

Posted by & filed under Control, Decision Making, Entrepreneurship, Global Management, Leadership, Management, Motivation, Organizational Change, Planning, Technology.

Description:  Shares of fintech company Square plunged as much as 15 percent Thursday after the company lost its CFO Sarah Friar. Source: CNBC.com – video report Date: Oct 11, 2018 Link: https://www.cnbc.com/2018/10/11/square-plunges-15percent-after-losing-its-cfo.html Questions for discussion: Why has the value of the firm’s shares fallen? What does this report say about the relationship between management and a firm’s… Read more »

Why the cooperative model needs to be at the heart of our new economy

Posted by & filed under Communication, Control, Decision Making, Human Resource Management, Leadership, Management, Operations Management, Organizational Change, Organizational Structure & Design, Planning, Social Responsibility, Strategy, Teams.

Description: In a new book, journalist Nathan Schneider positions cooperative businesses as both radical and traditional–and says all businesses should move toward more democracy. Source: FastCompany.com Date: Oct 12, 2018 Link: https://www.fastcompany.com/90249347/why-the-cooperative-model-needs-to-be-at-the-heart-of-our-new-economy?utm_source=postup&utm_medium=email&utm_campaign=Fast%20Company%20Daily&position=7&partner=newsletter&campaign_date=10122018 Questions for discussion: How are large-scale cooperative organization structures different from tradition corporate structures? How is managing and leading different? Why do you… Read more »

Alibaba’s Jack Ma, China’s Richest Man, to Retire From Company He Co-Founded

Posted by & filed under Change, Leadership, Management, Motivation, Organizational Change, Planning.

Description: HONG KONG — Alibaba’s co-founder and executive chairman, Jack Ma, said he planned to step down from the Chinese e-commerce giant on Monday to pursue philanthropy in education, a changing of the guard for the $420 billion internet company. Source: NYTimes.com Date: Sep 07, 2018 Link: https://www.nytimes.com/2018/09/07/technology/alibaba-jack-ma-retiring.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business&region=rank&module=package&version=highlights&contentPlacement=1&pgtype=sectionfront Questions for discussion: What is your impression… Read more »

Fans Are Becoming Increasingly Engaged In Fantasy Sports

Posted by & filed under Change, Innovation/Creativity, Management, New product, Operations Management, Organizational Change, Social Responsibility, Strategy, Technology.

Description: With the NFL kicking off the 2018 season, we’re talking about fantasy sports on “Behind the Numbers.” How many Americans play fantasy sports? Why do they play? And what are the different spending habits of fantasy players? Source: eMarketer.com – podcast report Date: Sep 06, 2018 Link: https://www.emarketer.com/content/fans-are-becoming-increasingly-engaged-in-fantasy-sports Questions for discussion: Why does this… Read more »