Description: Scotiabank CEO, Brian Porter, announced several important changes to its operations. These changes include cutting 1,500 jobs (two-thirds of these in Canada) and closing 120 branches in foreign markets. Source: Business News Network Date: November 04, 2014 Video Link: http://www.bnn.ca/News/2014/11/4/Scotiabank-to-cut-1500-jobs-close-about-120-branches-amid-writedown-.aspx Questions for Discussion: Analyze the reasons that led Brian Porter to make these changes…. Read more »
Posts Tagged: Changing Organizations (pp154-155)
Blackberry to sell most of its Canadian real estate
Description: To generate cash to help turnaround the company, Blackberry has reached an agreement to sell most of its real estate in Canada: this includes more than 3 million square feet of space. This sale will generate nearly $550 million. Source: Financial Post Date: March 21, 2014 Link: http://business.financialpost.com/2014/03/21/blackberry-ltd-reaches-deal-to-sell-most-of-its-canadian-real-estate/?__lsa=1d59-37d4 Questions for Discussion: What will become… Read more »
Is the Phone Too Smart?
Research is emerging on the social implications of smart (cellular) phone usage. This research along with revelations by Apple that iPhones catalog phone usage along with location is raising ethical concerns. While firms such as Google and AT&T claim that any data gathered is done so anonymously, research clearly indicates that the level of knowing… Read more »
