Chapter 7: Management & Leadership - McGraw-Hill Introduction to Business

Using Lego to Build Office Creativity

September 2, 2022

Last year, the Danish building-block company Lego earned more than 7 billion euros in sales, making it far and away the top toymaker in the world. Once on the brink of bankruptcy in the early 2000s, Lego turned things around when it focused exclusively on construction bricks along with licensed sets based on popular franchises like Star Wars and Harry Potter. Now the company’s dominance extends even into the offices of the world’s biggest corporations as part of team-building exercises Continue reading →

Entertainment, Lego, Management, Office Culture, Motivation, Team building, Training, Human Resources

Chapter 1: Taking Risks and Making Profits, Chapter 7: Management & Leadership, Chapter 8: Organizational Culture and Structure, Chapter 10: Motivation, Chapter 11: Human Resource Management

Managers Strive to Hit the 90-Day Mark with New Hires

August 9, 2022

NickelsMcHughMcHugh

Seeking out qualified employees and then hiring them is a costly process for even the biggest companies, which is why most managers strive to keep their staff around for as long as possible. Sometimes fresh hires don’t feel the same way, though, and they leave their new jobs as swiftly as they joined. These “quick quits” are especially prevalent in the current job market where employee turnover remains high. As a result, companies are focusing on a key milestone: a Continue reading →

Motivation, Franchising, Hiring, Training, Company Culture, Human Resources, Onboarding, Management, Marketing

Chapter 1: Taking Risks and Making Profits, Chapter 5: Forms of Business Ownership, Chapter 7: Management & Leadership, Chapter 8: Organizational Culture and Structure, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Chapter 13: Marketing

[VIDEO] Inside LinkedIn’s New Hybrid Office

July 7, 2022

NickelsMcHughMcHugh

Although the pandemic ushered in a new era of working from home, many companies still want employees to come into the office. This video looks at how the social network LinkedIn redesigned its workplace to include more than 75 different types of seating, combining the comforts of home with the collaborative nature of the office environment.

Questions:

What are the benefits and drawbacks of LinkedIn’s new hybrid office plan?
Do you think more companies should follow LinkedIn’s lead and Continue reading →

Telecommuting, Management, Organizational Culture, Human Resources, Pandemic, Social Media, Office environment, LinkedIn

Chapter 1: Taking Risks and Making Profits, Chapter 7: Management & Leadership, Chapter 8: Organizational Culture and Structure, Chapter 10: Motivation, Chapter 11: Human Resource Management, Bonus Chapter B: Technology and New Media, Videos

Amazon Workers at New York Warehouse Vote to Unionize

April 8, 2022

NickelsMcHughMcHugh

The e-commerce giant Amazon is the second largest private employer in the U.S., with more than 1 million employees working in fulfillment centers and corporate offices around the country. For years, labor activists have sought to unionize this enormous workforce, but past efforts largely failed to gain traction. That may be starting to change, however, if recent developments at New York’s largest Amazon warehouse are any indication.

Last week, staff at the JFK8 facility on Staten Island voted 2,654 Continue reading →

Management, Motivation, Operations Management, Ethics, Amazon, Human Resources, Unions, Labor Relations

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 7: Management & Leadership, Chapter 9: Production and Operations Management, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions

Crocs Return to Fashion and Switch to Bio-Based Ingredients

September 17, 2021

NickelsMcHughMcHugh

Crocs clogs debuted in 2002 and quickly became a hit with consumers who wanted colorful and leisurely sandals to wear around the house. But soon backlash began to build against this funky foam footwear, as Time magazine in 2010 named Crocs one of the worst inventions ever. Then the pandemic descended on the world and many people stuck in their homes suddenly realized the benefits of wearing inexpensive and comfortable clogs. As a result, Crocs expects sales to increase by Continue reading →

Product Development, Sustainability, Management, Crocs, Marketing, Coronavirus, Manufacturing, Pandemic, Greenwashing

Chapter 1: Taking Risks and Making Profits, Chapter 7: Management & Leadership, Chapter 9: Production and Operations Management, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution

Companies Seek to Strike a Balance with Hybrid Offices

July 1, 2021

NickelsMcHughMcHugh

When the pandemic hit the U.S. last year, millions of Americans suddenly went from commuting to the office every weekday to working from home on their laptops. While it was difficult for some people to adjust to this abrupt change, many others became accustomed to remote work quickly, and they would very much like to continue doing just that. As a result, a number of companies are experimenting with “hybrid offices” in which employees come in a couple days of Continue reading →

Remote Work, Management, Scheduling, Motivation, Coronavirus, Entrepreneurship, Organizational Structure, Human Resources, Pandemic, Workplace culture

Chapter 1: Taking Risks and Making Profits, Chapter 6: Entrepreneurship, Chapter 7: Management & Leadership, Chapter 8: Organizational Culture and Structure, Chapter 10: Motivation, Chapter 11: Human Resource Management

How Companies Are Incentivizing Employees to Get Vaccinated

May 25, 2021

NickelsMcHughMcHugh

Although the U.S. is averaging nearly 2 million Covid-19 vaccinations per day, the rate has certainly slowed down since last month’s daily average of 3.3 million vaccinations. 60 percent of the population has received at least one dose, but that still leaves tens of millions more who need to get their shots before the country hits herd immunity. According to a recent survey, worries about taking time off of work is one of the major reasons why many Americans have Continue reading →

Motivation, Employee benefits, Human Resources, Compensation, Coronavirus, Pandemic, Management, Vaccinations

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 7: Management & Leadership, Chapter 10: Motivation, Chapter 11: Human Resource Management

Latest Stimulus Bill Looks to Provide Relief for American Households

March 18, 2021

NickelsMcHughMcHugh

Last week, Congress passed a $1.9 trillion stimulus package aimed primarily at easing the financial burdens that many Americans have felt during the pandemic. While previous stimulus bills were directed more towards businesses, this latest package provides $960 billion in aid towards individuals through $1,400 checks, unemployment coverage, and provisions for child care. The bill also includes tax credits as well as programs that seek to make rent, food, and healthcare more affordable.

According to economists, low-to-middle income Americans will Continue reading →

Economics, Ethics, Regulation, Human Resources, Health, Labor Relations, Crisis management, Unemployment, Layoffs, Coronavirus

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 7: Management & Leadership, Chapter 10: Motivation, Chapter 11: Human Resource Management, Bonus Chapter A: Business Law

Managers Start Scheduling Meetings in Video Game Worlds

August 11, 2020

NickelsMcHughMcHugh

For many Americans who have been working from home for six months, each day can seem like the same procession of Zoom meetings and email exchanges. As a result, some professionals have had trouble scheduling meetings with new clients who don’t want to add another video chat to their already packed calendars. For example, a Brooklyn-based ad executive named Lewis Smithingham tried for weeks to set up a meeting with an investment analyst only to receive a string of postponements Continue reading →

Management, Coronavirus, Entrepreneurship, Networking, Organizational Culture, Entertainment, Video Games, Telecommuting

Chapter 1: Taking Risks and Making Profits, Chapter 6: Entrepreneurship, Chapter 7: Management & Leadership, Chapter 8: Organizational Culture and Structure, Chapter 11: Human Resource Management, Bonus Chapter B: Technology and New Media

Trolls World Tour’s On-Demand Success Could Change the Movie Industry

May 7, 2020

NickelsMcHughMcHugh

In early March, the movie studio Universal had already spent millions of dollars marketing its upcoming title Trolls World Tour in anticipation of its April 10th release. When the coronavirus pandemic shut down theaters across the nation, though, Universal made the bold decision to release the movie through on-demand platforms like Apple TV and Amazon. The gamble paid off handsomely for the movie studio: after three weeks on the market for $20 per rental, Trolls World Tour brought in more Continue reading →