Management - McGraw-Hill Introduction to Business

[VIDEO] Inside LinkedIn’s New Hybrid Office

July 7, 2022

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 →

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

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

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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

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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 →

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

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

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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

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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 →

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

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

Managers Start Scheduling Meetings in Video Game Worlds

August 11, 2020

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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 →

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

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

Major Sports around the World Temporarily Shut Down

March 13, 2020

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Due to concerns about the spread of coronavirus, representatives from athletic leagues across the globe have announced that they will temporarily halt play. On Wednesday, the National Basketball Association was the first to suspend competition after a player on the Utah Jazz tested positively for COVID-19. The next day, the National Hockey League similarly put games on hold while Major League Soccer delayed the start of its upcoming season as well. Shortly after these announcements, Major League Baseball canceled the Continue reading →

Management, Sports, Global, Entertainment, Ethics, Regulation, Human Resources, Health, Crisis management, Coronavirus

Chapter 1: Taking Risks and Making Profits, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 7: Management & Leadership, Chapter 9: Production and Operations Management, Chapter 11: Human Resource Management, Bonus Chapter A: Business Law

Disney CEO Bob Iger Abruptly Steps Down

February 27, 2020

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On Tuesday, Disney CEO Bob Iger surprised the business world by announcing that he would immediately step down from the top job. After 15 years in charge of the entertainment giant, Iger passed the reins to a company veteran named Bob Chapek who had been overseeing Disney’s theme parks division. Although the news caught many observers off-guard, Iger insists that this plan has been in the works for some time. “It’s only abrupt in other people’s eyes because we haven’t Continue reading →

Management, CEO, Mergers & Acquisitions, Streaming Video, Product Development, Entertainment, Disney, Product Distribution

Chapter 1: Taking Risks and Making Profits, Chapter 5: Forms of Business Ownership, Chapter 7: Management & Leadership, Chapter 14: Product and Price, Chapter 15: Distribution, Bonus Chapter B: Technology and New Media

More than 1,600 CEOs Left Their Jobs Last Year

January 21, 2020

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For many people in business, reaching the position of chief executive officer (CEO) means that they’ve finally made it to the top of their profession. And life is certainly sweet for most CEOs: Disney’s Bob Iger, for instance, took home nearly $50 million in compensation last year. But with all of that money and power comes great responsibility. If these top managers fail to live up to a company’s expectations, they might not get to enjoy their lofty positions for Continue reading →

Management, Ethics, Compensation, CEO, Company Culture

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 7: Management & Leadership, Chapter 8: Organizational Culture and Structure

[VIDEO] How Toys ‘R’ Us Went Bankrupt

November 8, 2019

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In 2017 Toys ‘R’ Us filed for bankruptcy under the weight of billions of dollars in debt. Six months later all of the retailer’s stores had closed with their stock liquidated and staff let go without severance. This in-depth video chronicles the rise and fall of this former “category killer,” detailing how the retailer’s bankruptcy changed the toy industry as well as the lives of its former workers.

Questions:

How did the bankruptcy of Toys ‘R’ Us affect its Continue reading →