Here’s the Skinny: For Lean Production Processes to Work, a Company Needs to Be All In

Posted by & filed under Communication, Control, Global Management, Human Resource Management, Leadership, Management, Planning, Teams.

Description: For a company in Chesterfield, Mo., it involved something as seemingly simple as attaching a trash can to an employee’s chair. Source: NYTimes.com Date: Oct 11, 2018 Link: https://www.nytimes.com/2018/10/11/business/heres-the-skinny-for-lean-production-processes-to-work-a-company-needs-to-be-all-in.html?rref=collection%2Fspotlightcollection%2Ffast-forward Questions for discussion: Summarize the main ideas that would be important to managers of firms interested in improving operations and efficiencies. Which idea for improvement… Read more »

How Dara Khosrowshahi’s Iranian heritage shapes how he leads Uber

Posted by & filed under Entrepreneurship, Global Management, Human Resource Management, Individual Behavior, Innovation/Creativity, Leadership, Management, Motivation, Operations Management, Planning, Social Responsibility, Strategy, Teams.

Description: As CEO Dara Khosrowshahi remakes Uber with an eye toward an IPO, his Iranian childhood and heritage are essential to understanding how he leads. Source: FastCompany.com Date: Oct 23, 2018 Link: https://www.fastcompany.com/90245381/how-dara-khosrowshahi-iranian-heritage-shapes-how-he-leads-uber?utm_source=postup&utm_medium=email&utm_campaign=Fast%20Company%20Daily&position=1&partner=newsletter&campaign_date=10232018 Questions for discussion: Summarize the entrepreneurial character and insight about Dara Khosrowshahi presented in the article. What is “bazaari entrepreneurialism” and how does… Read more »

This is the unbelievable story of beauty, bad business and Bugatti

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Description: Bugatti makes the world’s most expensive cars, and, arguably, the most beautiful. But to truly understand the brand you must know its history. Source: CNNMoney.com – video report Date: Oct 17, 2018 Link: https://www.cnn.com/videos/business/2018/10/17/bugatti-chiron-divo-volkswagen-fastest-production-car.cnn-business/video/playlists/business-drive-cars/ Questions for discussion: What does the Bugatti brand represent? Describe the target customers using segmentation criteria? How would you grow… Read more »

10 Healthy Habits for People Who Work Remotely

Posted by & filed under Communication, Environment, Global Management, Management, Operations Management, Organizational Structure & Design, Planning, Social Responsibility, Teams, Technology.

Description: Stay focused and set boundaries. Source: Entrepreneur.com Date: Oct 22, 2018 Link: https://www.entrepreneur.com/article/322119?utm_source=newsletter&utm_medium=email Questions for discussion: Which item to you think is most useful? What else would you add to this list of suggestions? Do you think these suggestions should be any different for people working at a normal office?

SPOS #641 – Planet Funny With Ken Jennings

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Description: Here it is: Six Pixels of Separation – Episode #641 – Host: Mitch Joel. I’m a moron. I did not put two and two together. My buddy, Scott Stratten, let me know that a new book called, Planet Funny, had recently been published. I’m all-in on any non-fiction book that can bridge comedy, culture and things like… Read more »

Why Sears bankruptcy will be bad for J.C. Penney

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Description: Struggling J.C. Penney (JCP) best brace for an avalanche that has been set in motion by the death of longtime foe Sears. Source: Yahoo.Finance.com – video report Date: Oct 18, 2018 Link: https://finance.yahoo.com/news/sears-bankruptcy-will-rock-j-c-penney-foundation-200803793.html Questions for discussion: Why did Sears fail? Why will the Sears bankruptcy be bad for J.C. Penney?

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 »

Quaker Bets Oat Milk Is More Than Just a Passing Fad

Posted by & filed under Global Management, Innovation/Creativity, Management, New product, Planning, Social Responsibility, Strategy, Teams.

Description: Quaker Oats is introducing its milk alternative at a trade show in Washington this weekend, with plans to start selling it in groceries in January.CreditCreditQuaker Oats Source: NYTimes.com Date: Oct 19, 2018 Link: https://www.nytimes.com/2018/10/19/business/quaker-foods-pepsi-oat-milk.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business&region=rank&module=package&version=highlights&contentPlacement=1&pgtype=sectionfront Questions for discussion: Who is the target customer for this product? Which other products is Quaker competing against for consumer… Read more »

Why Marketers Struggle with Data-Driven Personalization

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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 »