Adidas Executive, Two Others Found Guilty in College-Basketball Corruption Trial – The Wall Street Journal

Clear example of an organization using its deep pockets to manipulate college athletics. Interesting that Adidas felt it was alright to violate an organization’s rules as long as it was not directly illegal. The ethical standards must be ineffectively low at Adidas.

College athletics is a difficult industry, as every person and entity is able to financially benefit, but the athletes. Sponsors, universities, non-athlethic departments, and more all gain, but a mere free meal may cost an athlete eligibility.

The NCAA will need to decide how to regulate sponsors and boosters just as effectively as players. Integrity is not isolated to simply recruiting, but throughout every daily operation.



Why Sports Teams May Get Even More Valuable – The Wall Street Journal.

The NFL removed restrictions on cross ownership that will allow larger pools of bidders for future ownership opportunities. As the Seahawks may be the next one on the block, owners of other sports franchises will now be able to enter the pool without divestitures.





Sears, a Onetime Retail Giant, Reshaped America – The Wall Street Journal.

At least some of the past or present Sears execs understood the problem. Sears cut costs improperly and diid not invests enough in the stores. Compared to other department stores, the customer experience was lacking at Sears.

Sears does have the potential for a future. But, it will need to consider what that future will look like. In Nearing the End, I give a plausible suggestion.


Sears Prepares for Bankruptcy Filing as Debt Payment Looms – The Wall Street Journal.

The iconic once retail giant may be nearing its final stretch. Or maybe it can dwarf into a profitable condense form of itself. If the latter, it will need to find a way to develop and connect with a new target market not already retired.

At one point Sears dominated the retail landscape, largely because it was the first general retailer to market offerings for the entire family and the one willing to stand by its products. As the market change with new players, Sears never effectively captured a new market group.

If Sears does survive, it needs to have a narrower focus. One approach could be deconstruction of their retail concept by creating two distinct chains. One could be a clothing targeting people that may not be served by more trendy stores or a channel for professionals looking for everyday affordable clothes. Another would be an autonomous Sears Auto not tied to a store.

At this point, the Sears leadership team is probably focused on seeing how many tomorrows it has left. If there some, they need to consider what those days will look like.



The list of big name tech companies experiencing data breaches continues to grow. There is something troubling about the way Google sought to avoid disclosing the breach, in fear of scrutiny and regulation. When a breach happens, a company should focus first and foremost on the impact of its users. The concerns for reputation should come after it address the breach, implement fixes, and handles user exposures.

The focus on protecting its own reputation through secrecy is quite troubling. Big tech companies generally have a reputation of being an agent of positive social good. But, this kind of brings perspective that maybe big tech companies are like all other ones. When trouble hits, their leaders focus on the institutional reputation over the impacted consumer base.

This is a generalization, as some tech companies handled breaches appropriately. Facebook, who had a much larger and significant breach, proactively took steps to ensure data protection was increased following exposing 50 million users. Facebook did not hide the breach, but focused on its actions to address it.

Google is not a bad company, but this is a bit shady. After skipping a Congressional hearing on internet security, this does not certainly does not help.




GE Ousts Flannery After Missed Targets

A company that typically values longterm stability in its highest office made a change after a single year. Large shortcomings in GE’s power division negatively impact performance as a whole, leading to John Flannery being out of a job.

GE is an iconic brand, whose once largesse scale made it a global giant, now struggles to provide stable returns for investors. After divestitures and restructuring, issues still remain, although its healthcare and aviation show positive growth.

Now, GE turns to Larry Culp, who now knows he will not have the long tenure afforded to Jack Welch or Jeffrey Immelt. Culp is former CEO of Dannaher and a lecturer of orgazational behavior at Harvard Business School.

Hopefully, Culp can lead the turnaround at GE that evaded his predecessors.


Forbes: How Facebook Was Hacked And Why It’s A Disaster For Internet Security. (FORBES)

If you are like myself 50 million other users, you had to relogin because of the recent hack. Facebook was not the first nor will it be the last tech company to be hacked. The question is what is really being done, not only by these firms, but government to bring justice to hackers.

Does not appear to be much or enough to be effective. A difficult challenge, but one policymakers need to consider ramping up penalties against both hackers and the nations that host them.



Elon Musk to Step Aside as Tesla Chairman in SEC Deal (WSJ)

The SEC reached an agreement to settle accusations against Tesla founder Elon Musk, who made tweets aboit taking Tesla private that impacted shareholder value. In the settlement, Musk must step down as chairman for at least 3 years, but will remain CEO. Musk and Tesla will pay a combined fine of $40 million.

Executives are required to provide factual information to shareholders, even if disseminating information via Twitter. But, did Musk cause $40 million in damage? Maybe  but that is one expensive tweet.