Increasingly suppliers of staffing services make specific investments in their clients. What, then, is the role of firm-specificity in determining firm boundaries? This video pushes us to ask these questions with a humorous twist.
This depicts an auction of a fire net as people contemplate jumping out of a burning building. Useful to talk about strategic factor market theory — especially if you have a dark sense of humor.
This video shows the world record in cup stacking. The task requires speed in a repetetive task. It might be thought of as a capability however, it is clear that it is not about flexibility or adaptability. This helps to illustrate the distinction of a dynamic capability — this is not strategy under uncertainty.
A bit of trivia is that Emily is the CEO’s daughter for SpeedStacks, the company that makes specialized cups for stacking and the primary backer of the “World Sport Stacking Association.” She might actually be a resource for her father’s company…
Here the lions wait for their food to deliver itself. Did they know to wait under that tree? It is very funny but also explores why planning is necessary…
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jibjab video on Big Box Mart. There was a 60 minute PBS Frontline program on “is Walmart good for America,” which this 3 minute video essentially summarizes.
In business, why do the stupid always rise to the top? And what’s an “action item?” These and other mysteries are explored in this animated series that chronicles the corporate life of an engineer named Dilbert and his talking dog, Dogbert. Just like Dilbert, you could waste days previewing these hilarious digs on business (I open my M&A class with the opening minutes from The Merger video).
We often think of industry concentration as an indicator of monopoly profits. However, even in an industry with only two competitors, they can compete in such a way that no above normal profits are realized. This video makes that point in a fairly humorous way.
How do people respond to the prospect of change? Often they become paralyzed — this illustrates that in a very funny way. Also useful to discuss rigid routines that may become core rigidities…
If you teach the Cadbury acquisition case (of Adams) this funny ad from the Canadian region can be a nice complement since they were trying to create revenue synergies across the two companies (including introducing new products). Note that the synergies are spelled out in surprising detail in the B case where Cadbury management identifies 70 distinct synergies along with the type of synergy (cost or revenue), their likelihood of being achieved, an estimate of the potential value, and what region would be involved.
Very funny stuff. Geoff burch is a business speaker, but he is so entertaining anyone would enjoy watching him, regardless of his business … all » message. He talks about sales, marketing, self employment and is author of five best selling business books. Find more clips and info at http://www.geoffburch.com.