Post and discuss articles on this blog in in order to help you keep informed of the wider business world. Keeping on top of current events will be especially important at A2.
Friday, 25 November 2011
BA Strike Timeline
http://www.telegraph.co.uk/travel/travelnews/7760081/BA-strike-timeline.html
Thursday, 24 November 2011
30 November General Strike
http://m.guardian.co.uk/politics/2011/nov/16/unions-public-sector-strikes?cat=politics&type=article
http://www.teachers.org.uk/
http://www.telegraph.co.uk/education/educationnews/8879660/Head-teachers-back-national-strike-action-over-pensions.html
http://www.independent.co.uk/news/education/education-news/schools-to-be-shut-by-head-teachers-strike-6259187.html
http://www.bbc.co.uk/news/education-15655434
http://www.teachers.org.uk/files/pension-facts-a4-7459.pdf
http://m.guardian.co.uk/ms/p/gnm/op/s3qKM-zLeY8cgWKFgkSmeIA/view.m?id=15&gid=commentisfree/2011/nov/18/30-november-strike-ballots&cat=society
http://m.guardian.co.uk/ms/p/gnm/op/s3qKM-zLeY8cgWKFgkSmeIA/view.m?id=15&gid=commentisfree/2011/nov/21/striking-teacher-30-november&cat=society
http://menmedia.co.uk/manchestereveningnews/news/politics/s/1465796_public-sector-strike-on-november-30-to-wipe-3m-from-greater-manchester-economy
Tuesday, 22 November 2011
Decentralisation Within Johnson and Johnson
This is an interesting interview I found with the CEO of Johnson and Johnson talking about what it's like to run a decentralised workforce.
http://knowledge.wharton.upenn.edu/article.cfm?articleid=2003
in conclusion , gives good reasons for the use of decentralisation such as the ability to specialise and deal with change , but also talks about managing many of the disadvantages such as lack of control by making sure the right people are employed to perform the job.
Hard vs. Soft Human Resource Management
A Hard HRM approach involves treating employees as just part of a businees, and seeing them as easily replaceable.
This website shows the benefits and drawbacks in a clear table.
http://tutor2u.net/business/people/hrm_hard_soft.asp
Archie.
Monday, 21 November 2011
Headteachers Strike Over Pension Pay
While the absence of a headteacher for a day would not necessarily lead to a school closure, the vote is likely to affect millions of children over the country as Headteachers are co-ordinating strike action.
Here is the best article I was able to find.
http://www.guardian.co.uk/education/2011/nov/09/headteachers-vote-strike-action-pensions
Archie.
Monday, 14 November 2011
Decentralisation
Wednesday, 2 November 2011
The Rise and Fall of Groupon
Here's how it works: Groupon finds a business, say a restaurant, which wants to increase its demand on a certain night of the week when it's capacity utilisation is really low, say a Tuesday. Groupon approahces the restaurant telling them that they will be able to find enough customers to fill the restaurant up on a Tuesday night so long as the restaurant offers a significant discount, say 50% off. Then groupon sends an email to all its subscribers saying there's an incredible deal for such and such a restaurant on Tuesday if they get 50 people to sign up. 50 people sign up and pay Groupon, Groupon gives them a voucher and this voucher buys them a meal at the restaurant. Groupon takes a cut, customers get a good deal, and businesses fill up their excess capacity. Everybody's a winner, right?
(As a persnoal aside: I was signed up for Groupon in the first half of 2011. I got a deal on dog racing at Oxford Dog Track for £10 admission plus a free burger. Of course I ended up spending about £30 on bets, so of course the Dog Track is happy even if they have to offer a big discount. Think of it as a loss leader).
As it turns out, everybody's a winner, and that includes lots of copycat web businesses that are copying the Groupon model. As the article says, you can't patent a way of selling coupons. And with this model there is no clear advantage of being the first to market. So in the past few months there have been lots of copycat websites (have you seen that annoying Wowcher! advertisement lately?) which means that it's going to be a tough year for Groupon.
It goes to show that if you can't protect your idea, you don't really have much of a business.
Here's the link:
http://www.economist.com/node/21533425
Happy reading!
Tuesday, 1 November 2011
Well take me back to ol' Missouri
http://www.economist.com/node/21534817
What does this have anything to do with Business Studies?
Well, take what we've been learning about with economies of scale. Here's a quote from the article:
"Like both Las Vegas and Silicon Valley, Branson is a cluster. The concentration of theatres attracts skilled labour and allows specialist knowledge to spread. People quit one business to start a similar one, creating an entrepreneurial cycle, and, in the case of Branson, a lot of high-quality bluegrass music as well."
I'm loving that quote- it's external economies of scale in action! No more using silicon valley in my lessons, I'll be explaining the joys of operating a theater business in Branson.
The first student who posts a meaningful comment to this post gets a ping!