Amazon fully expands into the food business, acquiring the health food chain. Whole Foods will remain a separate unit. Interesting to see if helps expand Amazon Fresh’s footprint.
The struggles with Sears is well known, but many other retailers are feeling the pinch, competing in an ever changing industry.
Please click above.
General Electric says Jeff Immelt is stepping down as CEO and John Flannery, president and CEO of the conglomerate’s health care unit, will take over the post in August. The 61-year-old Immelt will stay …
In this post, the concept of looking beyond the numbers is the focus. Many budget debates focus solely on the amounts allocated. But, how are the funds spent, what is done, and can we do better. That is what the goal should be.
Our debt is growing and our problems are unchanged. A new approach would help.
Interesting article on perks workers underutilize. While many would like to work from home, we probably prefer not to be on call 24 hours a day. Taking advantage of some perks may lead to unflattering office reputations. Achieving work life balance is difficult, determining tradeoffs that make work palatable and life worth living.
As many already know, ESPN laid off 100 employees, many of which were high-profile personalities. After years of skyrocketing rights fees and people cutting ties with cable companies, ESPN has a cash flow problem. Noble of them to protect employees living paycheck to paycheck, but the impact on broadcast quality could hurt ratings.
ESPN needs to strongly consider alternate revenues streams and reduce its dependence on a declining cable market. In other words, provide direct access to customers outside traditional cable deals. As more customers continue to move away from expensive cable contracts, ESPN can still remain connected with them through a direct service similar to HBO. Currently, WatchESPN requires a cable subscription login.
What About The Fees?
The cost of broadcast rights fees is the cost of doing business at this point. Until the deals expire, ESPN has to honor the terms. Going forward it should take a stronger negotiating position, but now should focus on maximizing revenue to offset the cost. As a sports centric organization, ESPN cannot lose its connections to the content its built around.
Beyond the business aspect, ESPN needs to focus on its core content, setting aside the political commentary and puns. Stop incorporating political attacks and stop promoting stereotypes. Focus on being a true worldwide leader in SPORTS. Companies that forget why they are in business tend to go out of business.
A good change for most employees. Many would be willing to work a little more today for a little more time off tomorrow.
Per above link to Fox News article, Zapper is providing workers, who struggle to make ends meet in San Francisco, up to $10,000 to migrate to more affordable locations.
Unfortunately, San Francisco is one of the most expensive places to reside in the United States. Many with aspirations of living there will find their dreams dashed if he/she lacks the adequate compensation for desired lifestyle.
Although the tech company may not be able to compensate workers at needed levels, it is providing assistance help workers achieve a more affordable life, while retaining their career opportunity. Workers just need to adjust to a longer commute.
Instead of subsidies, policymakers should consider relocation assistance programs, which could reduce spending while helping those in need. Of course, there are non-monetary factors, but it could be an effective option for some.
Content highlighting ideas to promote real growth and unlock the potential of our workforce and private sector.
Economic prosperity should not be limited to a certain geography or favored industry. It should be available for all.
The global automaker cannot seem to navigate past its defeat device scandal. After settling with US regulators, it now must deal with its domestic government that just raided its headquarters.
Many of the environmental regulations may be too stringent. But, the solution was not to cheat the system. Aside from the fines, Volkswagen is spending much more funds in buying back impacted vehicles. Not even considering the brand impact.
In spite of the illegality, the defeat device is clever. Such cleverness should be used to improve the customer experience, rather than erode trust from its customers. While leaders probably costed in the risks of such a program, the non-monetary costs probably outweigh the benefits gained.