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Monthly Archives: November 2010
Outsourcing: Cost Efficient or Culture Damaging?
In the world of business, cutting costs in order to increase profits is all that matters. In order to decerease costs, many companies are shipping their jobs overseas to take advantage of cheap labour (due to countries like China and … Continue reading
Posted in Business Giants, Ethics
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Can You Trust the Banks Anymore?
After the recent financial crisis, which was caused by banks handing out mortgages to anyone (due to misplaced employee incentives) even if they could not pay it back, can you trust the banks anymore? How does the bank work? Banks … Continue reading
Posted in Government
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Supply Chain: Fashion Experts Forever 21
It seems that Zara is not the only one with a fast turnover rate in the world of fashion. New competitor Forever 21 has mastered the art of the supply chain. Forever 21 has a high turnover rate, which they … Continue reading
Posted in Supply Chain
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Microsoft Performance Evaluations: Can They Be Fixed?
Most reward systems are dysfunctional, especially if the organizational structure in the company is weak (meaning no one has power or status). If you have a dysfunctional reward system, then employees have little motivation meaning reduced effort and/or leaving the … Continue reading
Posted in Business Giants, Ethics
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Lululemon Athletica: An Entrepreneurial Giant
Dennis Wilson founded Lululemon Athletica in 1998 and it has become an entrepreneurial giant. Lululemon is an entrepreneurial business because of 4 main reasons: Amount of wealth creation: Lululemon, as of 2010-08-01, currently makes over 80.30 million dollars in profit. In order to be a successful entrepreneurial venture, the company must create … Continue reading
Posted in Business Giants
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