04/2/17

Leadership Styles Dictate Employee Motivation

Upon reading my fellow classmate Junbeom Yoo’s blog post on the significance of different leadership styles, I completely agree with him about how different leadership styles can greatly affect the stability of an organization. In the group case project, my group and I analyzed the OBHR issues in the movie Horrible Bosses, and one of the characters in the movie, Kurt Buckman, immediately began to hate his job from loving it the moment his affable boss Jack Pellitt dies and his despicable son Bobby takes over.

Because Kurt only liked his job due to the camaraderie that his former boss Jack shared with all the employees, he immediately begins to hate how Bobby establishes a toxic workplace that is filled with prostitutes and drugs. This helps explain how different leadership styles severely impact the motivation of employees to perform their jobs and how much they enjoy it.

04/2/17

You Can Easily Hate the Job You Love Now

People often like to claim how much they love their job without realizing they can easily start to hate it as soon as a few circumstances at the workplace change. During the group case project in class, my group explored the movie Horrible Bosses Project and one character in the movie, Kurt Buckman, epitomized exactly such kind of complete change in attitude. At the beginning of the movie, Kurt claimed to be completely in love working as an accountant at Pellitt Chemicals and how his job was totally his “dream job”. Yet, his love takes a full 180 degree turnaround in one day when his affable boss Jack Pellitt dies and his despicable son Bobby takes over the company.

So what happened? Kurt’s job as an accountant certainly didn’t change, but he still suddenly started to hate his job once his boss died. The explanation behind this is that like Kurt, many people often confuse loving their workplace with loving their job. Kurt loved his job not because he really enjoyed working as an accountant, but rather he loved it because he loved the warm interactions he shared everyday with his boss Jack and the rest of his co-workers. Thus, when Bobby takes over and establishes a toxic workplace environment, Kurt immediately begins to hate his job because the intrinsic motivation behind him loving his job in the first place is gone.

Likewise, reading Alan Zhou’s blog post on how he quickly went from loving his job as a day camp leader at the Strathcona Community Centre to quickly dreading it, I see the same scenario happening. In his blog post, Alan states he originally loved his job while working in the summer because he shared a close relationship with his fellow volunteers that motivated him to go to work everyday. However, when he returned in the winter, the cohort of volunteers had changed and he no longer had the same motivation. This simple change quickly caused him to dread the exact same job he loved only a few months ago.

Cases like Kurt and Alan show that changes in only a few external factors can quickly alter a person’s perception of their job from love to hate.

04/2/17

Gruelling Competition is the Perfect Recipe for Unethical Behaviour

 

From safaribooksonline.com “Competition in Workplace”

 

The importance of ethics has become increasingly pronounced over the past few decades as high profile cases of well-known corporations being guilty of making unethical decisions have sent shockwaves across the general public. For instance, at Wells Fargo, employees secretly created millions of unauthorized and fake credit card accounts in order to achieve their performance results. Furthermore, clothing manufacturers such as Nike and Under Armour are frequently criticized for establishing sweatshops in third-world countries in order to take advantage of cheap labour. As a result, a lot of attention has turned to behavioural ethics in order to understand exactly why unethical acts are committed by organizations.

In the textbook, the “broken window theory” was introduced to show how superficial aspects of an environment, such as outward displays of wealth and status, can affect ethical behaviour in organizations. That is, if signs of status and money are frequently present in a company’s culture, an employee is more likely to be swayed into pursuing wealth and status at the expense of thoroughly considering ethical standards. While I completely agree with the logic behind this theory, I do not believe it accurately explains how wealth and status often emerges as a more important factor in an organization’s culture to end up influencing unethical acts.

By stating that “outward” displays of wealth and status is the root cause of facilitating an unethical culture, the theory is essentially saying that this only happens to organizations who have such kind of explicit superficial culture. However, what the theory fails to consider is that a lot of organizations do not actually have such kind of explicit superficial culture, but status and money can still influence employees to a high degree through implicit means. For instance, a recent blog post by the Harvard Business Review explored how cut-throat internal competition within an organization can easily cause employees to perform unethical acts if the competition causes employees to focus on an coveted bonus or public recognition.

Therefore, it is perfectly possible for an organization to have a humble environment, but still face the same issue of employees valuing money and status over ethical standards because competition within the organization is implicitly elevating the influence of such superficial aspects. Had it been me working at a cut throat organization such as Wells Fargo, I likely would have been pressured to do the same thing in order to meet my performance criterias even though I perfectly understand it is unethical. This is because at many modern workplaces, the mere existence of performance standards elicit fear and anxiety among employees to compete with each other in order to not be the one who gets laid off or humiliated, which leads to them committing unethical acts to survive.

 

Word Count: 449

Additional Citations:

1.Langton, Robbins, Judge, Organizational Behaviour, 7th edition, p. 434.

02/5/17

Is Narcissism Really Charismatic?

From clintonpower.com


In everyday life, narcissism is often portrayed as a negative trait that doesn’t really win you any social points with others. However, surprisingly in Chapter 2 of the textbook, it stated that both leaders and managers tend to be narcissistic because narcissistic people tend to be more charismatic. Perhaps it is because I have not had much real world experience to judge, but simply using my understanding of what a narcissistic person is, I have a hard time understanding why narcissism would an advantage in management.

Furthermore, reading about how toxic bosses may ruin your mental health only reinforces my perception. The article states that people who work for bosses who display “psychopathic and narcissistic traits not only feel more depressed due to the bullying behaviour of their seniors, but are also more likely to engage themselves in undesirable behaviours at work.” Therefore, if narcissistic bosses are causing their employees to feel miserable at work, does that not equate to lowered motivation and job satisfaction? And if so, how is that even supposed to be a good trait?

I personally believe that it is never a good trait for a boss or manager to be narcissistic, at least not at the workplace. While I agree with the textbook on how narcissistic people tend to be better promoters of themselves and are more confident due to their confidence, I think this would be a trait better suited in business negotiations. Bosses who display such kind of attitude to their own workers will only establish a negative and hostile environment. At a workplace, it is imperative to create an amicable atmosphere in order to maximize employees’ job satisfaction and in turn, their productivity. A boss who is narcissism would most likely not be able to accomplish that which is why I do not agree with the textbook that narcissistic bosses are better leaders.

Citations:
1. Langton, Robbins, Judge, Organizational Behaviour, 7th edition, p. 54.
2. IANS, “Toxic boss may ruin your health: study”, The Gulf News, Jan. 17, 2017
http://gulfnews.com/culture/people/toxic-boss-may-ruin-your-health-study-1.1959720

02/5/17

Work to Death

From timeslive.co

Compared to the work culture in North America, the work culture in East Asia has always been notorious for its extremely long working hours. Yet, despite already knowing this hard fact, I was still dumbfounded to hear from my family relative who worked as a software engineer at a large IT corporation in China that his standard working hours were around 16 hours per day. As someone primarily educated in North America, I was more used to hearing about 8 hour work days and the numerous benefits such as vacation pay and health insurances that came with them. Thus, reading about job satisfaction in Chapter 3 of the textbook was of particular interest for me.

In North American culture, job satisfaction is often valued so highly that if people hate their jobs, they will be inclined to quit it even if their wages are really high. However, for many in East Asia like my family relative, the high wages are often so enticing that people will choose to rather toil away each day than to quit. The textbook describes this kind of commitment to be continuance commitment and states that continuance commitment leads to an “increased tendency to be absent and lower job performance”. I believe this statement to be very true because continuance commitment is not really true commitment. Rather it is people feeling the need to fulfill their end of a contract and thus, I have a hard time being convinced that such kind of extrinsic motivation would result in any productive work being accomplished.

Reading a recent article about how many Japanese companies are starting to rethink their culture of long working hours, I feel very optimistic that such kind of culture may finally be abolished. Often companies are too caught up trying to increase productivity of its employees by offering monetary compensation in exchange for more working hours. However, what they do not realize is that all those extra working hours are essentially going to waste because employees are no longer actively engaging in their work. For instance, in the article, Yahoo Japan Corp. is introducing more options of working from home and longer vacation periods in an effort to give the employees more social flexibility. If workers are allowed to enjoy a happy life outside of work, I believe that directly translates into intrinsic motivation to do better at work.

Citations:
1. Langton, Robbins, Judge, Organizational Behaviour, 7th edition, p. 95-100.
2. Oda Shoko, “Japan’s Rethinking Its Culture of Long Work Hours,” Bloomberg News, Jan. 17, 2017,
https://www.bloomberg.com/politics/articles/2017-02-06/now-aussie-voters-snub-turnbull-after-leader-s-spat-with-trump

02/5/17

Go Big or Go Small?

Taken from amazonaws.com

For a lot of students like myself, a common dilemma that pops up as we prepare to enter the workforce in a few years is whether it is better to work for a small upcoming startup or a large Fortune 500 multinational corporation. I recall being asked this in my Comm 101 class last term and what really surprised me was how the class was virtually split 50-50 between the two options. Just a decade ago, such kind of debate would no doubt have ended in overwhelming favour of working for corporations. After all, considering the high failure rates for start-up companies, why give up the job security, higher wages and lucrative benefits that corporations can offer right?.

However, with the recent fairytale transformations of once struggling start-ups such as Facebook and Tesla into full-fledged corporations, working for the next big thing is currently a trend for many students and young professionals. Yet, what exactly motivates people to jump from a stable corporate career to the volatile world of start-ups?

Reading the Entrepreneur’s “5 Reasons why working for a startup is a good idea“, I found that the motivations are mainly intrinsic in nature. For instance, the article states that “working in a startup means you are an important member of a small team [and] the unique way in which you approach and solve a problem will be definitely noticed.” In chapter 4 of the textbook, this phenomenon is described as people’s need to satisfy their higher-order needs of self-esteem and self-actualization, which I think is very accurate because working in a smaller setting will inevitably lead to more opportunities of demonstrating one’s skillset and for many, it will allow them to gain the recognition they desired, but could never achieve in the crowded environment of corporations.

Personally, I also think working for a start-up would be a much more enticing option although not because I want to gain recognition. Rather, my intrinsic motivation is that I wish to become well-versed in a broad range of different areas. This requires the job rotations that likely cannot be offered by corporations where the structured environments mean that there are not many opportunities to branch out to do different tasks.

Citations:
1. Langton, Robbins, Judge, Organizational Behaviour, 7th edition, p. 255.
2. PRIYANNKAA DEY, “5 Reasons why working for a startup is a good idea,” The Entrepreneur, Sept. 18, 2015,

11/13/16

The Rise of Foodie Culture

Taken from lightspeedhq.com

Taken from lightspeedhq.com “Foodie Culture”

If you asked the founders of popular social media networks such as Facebook, Instagram and Pinterest, just what kind of impact their creations would have on the world the day before the launch date, I highly doubt any of them would have guessed they were about to give birth to a completely new culture – the foodie culture.

Taking pictures of food and sharing them on social media has quickly turned from a frenzy to an obsession these days with seemingly almost every meal getting documented. This phenomenon has led to the complete alteration of what it means to be a foodie. Originally coined as a term for a connoisseur, the word foodie has now evolved to pretty much include anyone who loves food. And the whole purpose of social media is to share what we love right? So go figure.

Now, all this foodie culture thing isn’t just for visual appeasement. For restaurants, this represents a major business opportunity because after all, the billions of pictures being circulated on the internet each day is really free marketing. Much like how fashion designers and retailers pay fashion influencers to post about their latest products, many high-end restaurants who are ahead of the game are now inviting foodies with a large social media following to dine for free.  As the article claims, foodie influencers “can, and often do ‘make’ restaurants” by turning a completely unknown quantity into one of the most sought after eateries in the city overnight.

From code95.com

From code95.com “Marketing Funnel”

Looking at a simple marketing funnel diagram, such claim does not seem to be a stretch by any means. Essentially, what is really happening is that foodie influencers are propagating the awareness of restaurants by creating content which then pulls their followers into considering the restaurants themselves. This is nothing different than how restaurants conduct marketing themselves, but the key point here is that in order for restaurants to reach the vast audience in the millions that foodie influencers can reach in just one post, a remarkable amount of resources must be devoted to advertising which can be very very expensive.

While the vast majority of restaurants do not have the luxury of being provided with the publicity of well-known foodies, tools such as location tagging on Instagram has made it possible for every foodie out there to be an influencer. In 2015,  over 300 million photos shared on social media were considered to be about food.   Such data presents each and every restaurant an opportunity to gain the free publicity it needs to drive traffic. However, not nearly enough restaurateurs are realizing the importance of just how powerful an influence foodies have on their business.

 

Word Count: 449

10/30/16

Uber Tells BC Government to Hurry Up

From CBC

From CBC “Uber Faces More Delays in Vancouver”

Ever since the Uber craze started in around 2010, virtually every major city in the world has adopted the app and its novel idea of connecting “freelance drivers” with consumers. Whether you’re in San Francisco, London, or New York, the Uber app allows you to conveniently hitch a ride with the simple tap of a button and the nearest driver will come pick you up. Seems like a great idea right? Well, apparently not according to angry taxi drivers around the globe and . . . the BC government.

Despite serving over 500 cities worldwide in 66 countries, Uber has had unbelievably hard luck when it comes to breaking into the Vancouver market. Time and time again it has had its license approval rejected by the BC government and the Vancouver City Council after relentless lobbying by representatives in the province’s taxi industry. After its latest rejection earlier this month, it appears that Uber’s patience with the province’s stubborn opposition has reached a breaking point. Using unusually strong language, Uber’s chief advisor, David Plouffe, warned that BC will fall behind the rest of the world if it doesn’t allow the ridesharing app soon. 

As mentioned in fellow student Kevin Li’s blog post on the emergence of freelance drivers , the emergence of disruptive technology will inevitably compete and in many cases, replace traditional industries. The taxi industry is only one of many examples in which the emergence of technology such as the smartphone, has changed how the service is offered. Having been in China this past summer, I agree with Kevin on just how shockingly low the taxi rates in China are compared to the rates in Vancouver. Because of the fact that the rates are really high in Vancouver, riding taxis is not really a viable alternative to say taking the bus. I believe this really is a significant problem that should be addressed in Vancouver because the whole concept of taxis is to provide people an affordable alternative to a) driving themselves and b) taking the bus.

Would allowing Uber in Vancouver potentially close the existing vacuum? Possibly because freelance drivers will offer much needed competition to the existing oligopoly in Vancouver’s taxi industry and to gain market share, freelance drivers will need to offer lower rates. From this perspective I can understand why Uber is so eager to enter the Vancouver market, but what I found very interesting was Uber’s warning that BC will fall behind if it does not enter BC. This to me sounds like a melodramatic marketing ploy of Uber positioning itself as a technology company who will offer disruptive tech such as autonomous driving when it is really just a service company.

 

10/16/16

Digital Marketing: Battle for the Hearts and Minds of Consumers

From Business 2 Community:

From Business 2 Community: “7 Digital Marketing Trends To Be Aware of in 2016”

Whether it’s work, entertainment, research or even education nowadays, virtually every facet of our lives now involves the usage of the internet in one way or another. But, as much as the internet has changed how we live day-to-day, it has made an even more profound impact on marketing by radically altering the way it has been done for decades. Gone are the days of fighting for premium newspaper ads and eye-catching flyers. Instead, the centre focus of modern-day marketing strategies has shifted to a completely new battle frontier where consumers now lie – the internet.

However, for many businesses, the question becomes what exactly does social media marketing entail of? Does it simply mean creating one’s own Facebook page and bombarding the internet with ads?

Well, according to this online blog, the key strategy is actually to create as many marketing channels as possible.   The author claims that the biggest mistake business owners can make is to “put all their eggs in basket” and not have a “diverse marketing plan”. The advantage of having diversity is that not only will businesses be able to communicate with a much broader target audience, but also it mitigates their vulnerability to any external environment changes.

While I do agree with the author on the need to implement multiple marketing channels such as  social media networks, blogs, email marketing campaigns and so on depending on the target audience, I believe it is equally important to also point out exactly what kind of content needs to be propagated from such channels. It would certainly be pointless to invest in a diversified marketing plan only to churn out rubbish content that no one cares about.

From themodernconnection.com via Nike Instagram

From themodernconnection.com via Nike Instagram

As we discussed in class about the importance of positioning, the same rules apply to social media marketing.  Nowadays, all businesses have a Facebook or Instagram account and consumers are constantly flooded with ads everywhere over the internet. Therefore, given this information overload, it becomes imperative for businesses to differentiate themselves from their competitors. But how can this be accomplished?

Azure Zhu’s recent blog post on social media marketing made a great point about how instead of simply posting advertisements, businesses should “interact with customers by joining in on discussions, posting interesting posters and so on”. One such successful example of this strategy would be Nike. Rather than interrupting their follower’s feeds on Facebook and Instagram, it actively engages with its target audience by sharing motivational messages. This way, Nike is able to establish a sense of community with consumers whilst using this opportunity to promote its products in a meaningful way at the same time.

 

 

Word Count: 450

09/30/16

McLaren soon to become MacLaren?

 

From the Financial Times

From the Financial Times

 

Ever since it was revealed that Apple would venture into the automotive industry alongside the likes of other tech giants such Baidu and Alphabet Inc’s Google, much speculation has incessantly surrounded the rumoured iCar, codenamed “Titan”. Is it an electric car that will go head-to-head with Tesla? Will it be fully autonomous? How will Apple even go about developing a car given that it has absolutely zero prior experience in auto?

While Apple has unsurprisingly remained firmly tight-lipped over the details of its secret project thus far,  there certainly hasn’t been any shortage of signs pointing towards the company seeking to revolutionize the automotive industry. First, there was the strategic $1 billion investment in the ride-hailing company, Didi Chuxing, and now Apple is reportedly seeking to acquire the British supercar maker, McLaren Technology Group.  The rumoured $2 billion takeover would no doubt substantially bolster any ambitions that Apple has in store for its iCar.

According to the article, the move would make “perfect sense” for Apple because McLaren – a world-renowned car manufacturer with arguably the most advanced technological expertise – would provide it with “instant credibility” in the auto sector. Similar to its acquisition of Beats in 2014, Apple is likely seeking to tap into McLaren’s top notch engineering team that has previously been responsible for developing industry-leading “lightweight electric motors” and “on-board computer systems”. Such kind of experience would likely take years for Apple to accumulate internally.

From the Verge

However, aside from McLaren’s  extensive patent portfolio and R&D that Apple can integrate, is it really correct to label the potential acquisition as making “perfect sense”? In fact, I personally think its the very opposite. Considering how just a week before Apple’s rumoured interest in McLaren surfaced, it was being reported that Apple was shifting the focus of its car project, the move for McLaren can even be argued to be absurd. Instead of producing its own car, Apple now wants to focus only on providing self-driving technology for existing car makers.

Unless Apple is planning to only serve 1500 – 1600 consumers a year for cars that cost at least $200, 000, there is little reason for Apple to acquire or even purchase a majority stake in McLaren. A much more sensible option for Apple would be to partner with an automaker that will allow its self-driving technology to reach the mass market. For example, Uber has partnered with Volvo to collaborate on autonomous car technology and Microsoft has inked a similar partnership with Toyota.  That way, Apple will be able to take advantage of an already mature mass production supply chain rather than establishing one itself from scratch as it would have to if it acquired McLaren.

 

Word Count: 445