Archive | Corporate Culture RSS feed for this archive

Uber’s Aggressive, Unrestrained Culture Destroys It’s Own Goals


UPDATE: KALANICK VIDEO SURFACES. Suffice to say, people are angry with Uber, and things aren’t getting better. This is actually deja vu all over again. We have seen this before in Silicon Valley. The hubris of a company founders or founders creates an ugly overly aggressive and unrestrained culture in its employees and before long things begin to unravel. This has been quietly observed at Uber for some time, and can be gleaned by its own actions as reported in the press. Now, new self-inflicted cracks are appearing. More than 200,000 people have deleted the UBER app off their smart phones in the past month. After former employee Susan Fowler Rigetti published a detailed blog post about the sexual harassment and discrimination she allegedly experienced at the company, people began deleting the ride sharing-app again. As more and more employees have spoken out about the alleged poor working conditions, Uber’s customer base is dwindling … and the company is getting desperate.

Continue Reading →

Canadian Startup Case Study Underscores Canada’s VC Challenges


UPDATE: It is worth noting that this 2012 case study on a company in British Columbia, Mobile Data International, and its CEO Barclay Isherwood, attracted the ire of followers of Werner Erhard, prominent San Francisco New Age cult leader, with similarities to L. Ron Hubbard, founder of Scientology.  It is a lens into New Age cults at that […]

Continue Reading →

British Columbia: The ‘Wild West’ of Canadian Political Cash – NYTimes.com


British Columbia has no limits on political donations, leading critics to say the provincial government has become a lucrative business dominated by special interests. As the premier of British Columbia, Christy Clark is on the public payroll, pulling down a salary of 195,000 Canadian dollars in taxpayer money. But if that were not enough, she also gets an annual stipend of up to 50,000 Canadian dollars — nearly $40,000 — from her party, financed by political contributions. Personal enrichment from the handouts of wealthy donors, some of whom have paid tens of thousands of dollars to meet with her at private party fund-raisers? No conflict of interest here, according to a pair of rulings last year by the province’s conflict-of-interest commissioner — whose son works for Ms. Clark.

Continue Reading →

Uber Is Still Trump


UPDATE: This February 3, 2016 post on Uber deserves an update. This week Uber announced that it lost $800 Million in its 3rd quarter. That’s correct, $800 Million in only three months. The Uber announcement tries to spin the loss as good news for Uber as ” increased by only 25% over the third quarter last year. An $800 Million quarterly loss is right up there in the same league with Trump lost money. I guess we need to remember Trump’s admonition that debt is good, and it’s ok to lose other people’s money. Uber’s announcement goes on to project continuing losses projected to be greater than $3 Billion next year, as Uber continues its plans for an apparent IPO for brain dead investors.

Continue Reading →

Nortel executives continue drawing bonuses years after bankruptcy – Ottawa


    Former Nortel workers who are still owed money say they’re frustrated that executives with the now defunct company are still drawing retention bonuses, eight years after the company started bankruptcy proceedings. Source: Nortel executives continue drawing bonuses years after bankruptcy – Ottawa – CBC News

Continue Reading →

Are LinkedIn and HR technology suppressing hiring?


Yes, LinkedIn and Human Resources screening technology are suppressing hiring. The fact is, the task of submitting a resume’ that will make it past the filtering technology used by almost all recruiters these days, requires cunning and a shrewd understanding of how to manipulate these screening apps, something akin to Search Engine Optimization (SEO). However, HR SEO techniques requires a knowledge of the app itself, which is a closely guarded secret. WRT to LinkedIn, I have growing concerns that LinkedIn no longer meets the “WIIFM” test, or “what’s in it for me?” LinkedIn seems to have aligned its business and destiny more with the needs of the recruiting industry than with my own needs, while still trying to sell me on the benefits of paid “Premium Membership.” Increasingly blog discussions on the value of LinkedIn to business users are concluding that it’s value has diminished sharply. Perhaps the recruiting industry represents a bigger potential revenue stream and LinkedIn does not wish to reveal that to its individual users. Then there is the matter of the LinkedIn merger with Microsoft, which has left many observers underwhelmed, despite pronouncements of the exceptional strategic value to both companies.

Continue Reading →

Joseph Stiglitz Resigns As Panamanian Government Advisor on Panama Papers Scandal


Nobel Prize-winning economist Joseph Stiglitz has quit an advisory panel to Panama’s government set up after the Panama Papers scandal. Some 11.5m documents, leaked from Panama law firm Mossack Fonseca, revealed huge offshore tax evasion.The government appointed a panel to look at Panama’s financial practices. But Mr Stiglitz and and Swiss anti-corruption expert Mark Pieth, who also quit, said government interference in their work amounted to “censorship”. The seven-person panel also included Panamanian experts. “I thought the government was more committed, but obviously they’re not,” Mr Stiglitz told Reuters news agency. “It’s amazing how they tried to undermine us.”

Continue Reading →

LinkedIn Microsoft Merger Raising More Questions Than Answers


The World’s Most Connected People Have Disappeared From LinkedIn The most connected members of LinkedIn have vanished. What does this mean for you? BY CANDICE GALEK Founder and CEO, Bikini Luxe@bikiniluxe Amidst news of LinkedIn being bought by Microsoft, one mystery remains: Where have all of the “Super Connectors” gone? It appears that the website built […]

Continue Reading →

How Canada Got Into Bed With Tax Havens


How Canada got into bed with tax havens 1980 treaty with tiny Barbados paved way for billions to legally flow offshore By Zach Dubinsky, CBC News Canadian companies have flocked to Barbados with their cash for decades in order to legally avoid paying Canadian taxes. (The Associated Press) On a cold December afternoon in 1980, with […]

Continue Reading →

Building Personal Resilience


I have been giving some serious thought to the importance of personal resilience in times of adversity. Terry Fox comes up as a prime example of resilience that has inspired people all over the World. But how do such people develop it? Can it be learned? It is a character trait that appears difficult to measure, only appearing in certain people and not others when faced with a severe personal challenge. It is something that all management professionals should ponder carefully because such challenges will most certainly appear in their careers.

Continue Reading →