Description: Many banks restarting job cuts put on hold during early days of pandemic Source: Bloomberg.com/FinancialPost.com – video report Date: Sep 18, 2020 Link: https://financialpost.com/news/fp-street/cibc-cuts-portfolio-managers-traders-in-drive-for-5-reduction/wcm/561ea7e5-db46-49e8-bf6e-c9b4cc365c8e/ Questions for discussion: What does this retrenchment mean for the industry? Why is it happening?
Posts Categorized: Management Issues
Description: Forget Thanksgiving Day. The start to the holiday shopping season could be October 10, or 10/10/2020, according to Keith Jelinek, managing director in the retail practice at global consultancy Berkeley Research Group. Source: MarketWatch.com Date: Sep 16, 2020 Link: https://www.marketwatch.com/story/the-holiday-shopping-season-could-start-on-10-10-2020-with-retailers-hopeful-that-consumers-will-turn-out-early-11600197849?mod=home-page Questions for discussion: What is the basis for these notions of an earlier start… Read more »
Description: Apple Inc. and the government of Singapore have partnered on a two-year health initiative dubbed LumiHealth, which is built around tracking and rewarding user behavior through the Apple Watch gadget and an iPhone app. Source: Bloomberg.com – video report Date: Sep 15, 2020 Link: https://www.bloomberg.com/news/articles/2020-09-16/singapore-to-pay-citizens-for-keeping-healthy-with-apple-watch?srnd=premium-canada Questions for discussion: Describe the partnership plan between Apple, government,… Read more »
Description: Jane Fraser, Citigroup’s president, will replace Michael Corbat as chief executive in February as he retires after eight years. Source: NYTimes.com Date: Sep 10, 2020 Link: https://www.nytimes.com/2020/09/10/business/citigroup-ceo-jane-fraser.html Questions for discussion: What does the report say about the changing attitude towards women in this sector? What are your thoughts on the subject?
Description: When the coronavirus hit, medical practitioners started ramping up their virtual offerings – notably appointments via videoconferencing apps such as FaceTime and Zoom – as a way to continue caring for patients and keep their businesses alive. Source: Bloomberg.com Date: Sep 12, 2020 Link: https://www.bloomberg.com/quicktake/telemedicine?srnd=businessweek-v2 Questions for discussion: What does the report say about… Read more »
Description: The coronavirus pandemic is spurring on a growing number of restaurant chains to build restaurants with new bells and whistles focused on convenience and safety. Source: CNBC.com Date: Sep 04, 2020 Link: https://www.cnbc.com/2020/09/05/restaurant-chains-are-unveiling-new-designs-inspired-by-the-pandemic.html Questions for discussion: How have these restaurant chains responded to the coronavirus pandemic? Do you think these are good decisions? What else would… Read more »
Description: Yahoo Finance Canada’s Alicja Siekierska and strategy expert Mark Satov discuss Walmart’s new membership service and how it will stack up against Amazon Prime. Source: Yahoo.Finance.com – video report Date: Sep 04, 2020 Link: https://ca.finance.yahoo.com/video/crisis-management-walmart-not-aggressive-194154877.html Questions for discussion: What does the report say about Walmart’s effort to launch a competing plan against Amazon Prime?… Read more »
Description: Startup ‘camels’ prioritize sustainability by balancing growth with cash flow. Source: Entrepreneur.com Date: Apr 07, 2020 Link: https://www.entrepreneur.com/article/347659?utm_source=newsletter&utm_medium=email Questions for discussion: What is the fundament difference between growing a unicorn versus a camel? What are the financial recommendations for start-ups and the reasons given for those choices? Do you agree with these suggestions?
Description: Jeffrey Katzenberg has nearly 50 years of entertainment experience and a massive war chest. Neither of those things guarantee success for his new mobile video service. Source: INC.com Date: Apr 03, 2020 Link: https://www.inc.com/matt-haber/quibi-mobile-video-jeffrey-katzenberg-startup.html?utm_source=incthismorning Questions for discussion: Do you think the business model will work? How would you improve chances for success? Who will… Read more »
Description: Tesla posted a video to its YouTube channel that shows Tesla engineers working on designing ventilators out of mainly Tesla Model 3 parts. It’s pretty amazing to see how many existing Tesla parts can be repurposed into assembling a ventilator. Source: InsideEVS.com Date: Apr 05, 2020 Link: https://insideevs.com/news/408057/tesla-making-ventilators-from-model-3-parts/ Questions for discussion: How does the publicity from this… Read more »