Should Quebec bailout Bombardier?

Posted by & filed under Environment, Management, Strategy, Video Report.

Description: Quebec will give $1 billion to bailout Bombardier. Bombardier reported a $4.9 billion loss in Q3. With this investment, Quebec is hoping that Bombardier’s CSeries jet airliners will eventually succeed. Source: CBC Date: October 29, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2678070928/ Questions for Discussion: Should governments bailout large corporations? Does Quebec have good reasons to invest taxpayers’… Read more »

Bank of Canada slashes interest rate to 0.5 per cent

Posted by & filed under Environment, Management, Video Report.

Description: Stephen Poloz, Bank of Canada governor, cut the key interest rate from 0.75 to 0.5 per cent. This triggers the perception that the economy is in turmoil. Source: Toronto Star Date: July 15, 2015 Video Link:  http://www.thestar.com/business/2015/07/15/bank-of-canada-cuts-interest-rate.html Questions for Discussion: Why has Stephen Poloz decided to cut the rate? How will the cut rate… Read more »

Canadian dollar dips to its lowest level since 2009

Posted by & filed under Environment, Management, Video Report.

Description: The Canadian dollar dipped to its lowest level since March 2009: it dropped below 77 cent against the U.S. dollar.  This drop follows Bank of Canada’s decision to cut its interest rate to 0.5 per cent. Source: CBC Date: July 17, 2015 Link: http://www.cbc.ca/news/business/canadian-dollar-dips-below-77-cents-for-first-time-since-2009-1.3157570 Questions for Discussion: Discuss the factors causing the Canadian dollar… Read more »

Kraft and Heinz to Merge

Posted by & filed under Change, Environment, Management, Operations Management, Organizational Change, Strategy, Video Report.

Description: In a major development in the food industry, Kraft Foods Group and Heinz Co. are merging their operations to create a single company with $28 billion in revenue. Warren Buffet proclaimed to play a role in setting-up the merger. There seems to be a major shake-up on the cards for the packaged food business…. Read more »

Future Shop Closes Stores

Posted by & filed under Change, Environment, Management, Strategy, Technology, Video Report.

Description: Future Shop, a consumer electronic retail giant, is closing its stores, resulting in 1,500 job losses. Future Shop is closing 66 stores immediately, and the remainder 65 will turn into Best Buy outlets. Source: CBC Date: March 28, 2015 Video and Text Link: http://www.cbc.ca/player/News/Business/ID/2661222339/ Questions for Discussion: What are the reasons for this closure? Why are… Read more »

Wal-Mart spending $1 billion for pay increase

Posted by & filed under Change, Compensation & Benefits, Human Resource Management, Management.

Description: With support from CEO Doug McMillon, Wal-Mart has initiated a pay increase for its employees. Wal-Mart intends to spend $1 billion to support this pay increase, which will include increasing hourly pay to at least $9 by April and $10 by next February. Source: Business News Network Date: February 20, 2015 Link: http://www.bnn.ca/News/2015/2/20/How-Wal-Marts-CEO-came-to-support-a-1-Billion-pay-increase.aspx Questions… Read more »

Bombardier bring in a new CEO

Posted by & filed under Change, Control, Decision Making, Leadership, Management, Video Report.

Description: In a move to halt the falling fortunes of Bombardier, the board of directors have replaced their CEO, Pierre Beaudoin, with an outsider, Alain Bellemare. Pierre Beaudoin will now be the Chairman of Bombardier in place of his father. Source: CBC Date: February 12, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2653563918/ Questions for Discussion: What were the… Read more »

Bombardier in stormy skies

Posted by & filed under Global Management, Management, Strategy, Video Report.

Description: The Montreal-based transportation giant, Bombardier Inc., is facing one of the biggest challenges in its 73-year history. Under severe attack by global competitors, Bombardier is facing a cash crunch. Source: Business News Network Date: February 07, 2015 Video Link:http://www.bnn.ca/News/2015/2/7/Stormy-skies-Bombardier-flies-a-risky-flight-path.aspx Questions for Discussion: What are some of reasons for the cash crunch faced by Bombardier?… Read more »