July 21, 2024 by Mike Manazir – (4-5 minutes) Baxter Brick’s Success Story Sarah entered the glass-walled conference room of her new domain: Baxter’s Bricks. The air was thick with anxiety. Sarah, freshly minted as CEO, was about to tackle her greatest challenge yet reviving a business teetering on the edge of oblivion. Her mentor, … Read more

July 14, 2024 by Mike Manazir – (4-5 minutes) Public and media relations involve managing the dissemination of information between an organization and the public. This communication process aims to build and maintain a positive Image and foster trust with various stakeholders. How to Do It Wrong United Airlines: In 2017, United Airlines faced a … Read more

July 7, 2024 by Mike Manazir – (4-5 minutes) Leaders are challenged to balance competing demands, such as rationalizing short-term financial performance with long-term strategic growth; managing employee needs against shareholder expectations; aligning company goals with ethical standards and social responsibilities. Leaders must also sustain customer satisfaction while controlling the business bottom line as well … Read more

July 1, 2024 by Mike Manazir – (4-5 minutes) Managing intellectual property is essential for safeguarding a company’s innovations, maintaining a competitive edge, generating revenue, expanding into new markets, attracting investment, managing legal risks, and encouraging ongoing innovation. Businesses that strategically manage their IP can leverage these assets to achieve long-term success and sustainability. Below … Read more

June 23, 2024 by Mike Manazir – (4-5 minutes) Blockbuster was a dominant player in the video rental industry during the 1990s and early 2000s. At its peak, Blockbuster had thousands of stores worldwide and was synonymous with movie rentals. Below, I share how Blockbuster continuing to ignore data over time, eventually led to the … Read more

June 17, 2024 by Mike Manazir – (4-5 minutes) In a previous newsletter, I talked about how to effectively navigate regulatory environments. This week, I discuss how to effectively manage regulatory compliance. Let’s take a look at some of the industries that operate under high levels of regulation: Healthcare and Pharmaceuticals: The FDA (Food and … Read more

June 9, 2024 by Mike Manazir – (4-5 minutes) Kmart, once a retail giant, faced severe challenges that contributed to its decline and eventual bankruptcy. A critical aspect of its downfall was the breakdown in relationships with suppliers and issues within its supply chain. Kmart struggled with inventory management, leading to stock outs of popular … Read more

May 28, 2024 by Mike Manazir – (4-5 minutes) Studies suggest that a significant portion of mergers and acquisitions do not meet the expectations set out by the leaders of the acquiring or merging companies. According to the Harvard Business Review, between 70% to 90% fail. That’s a staggering statistic that can give even seasoned … Read more

May 20, 2024 by Mike Manazir – (4-5 minutes) Valeant was a Canadian firm known for aggressive acquisitions and subsequent cost-cutting. Rather than focus on research and development, Valeant purchased existing drugs and substantially raised their prices, banking heavily on aggressive sales strategies. Unfortunately, stakeholder management torpedoed their success. Internal Stakeholders: Ignored and Overlooked Valeant’s … Read more

May 12, 2024 by Mike Manazir – (4-5 minutes) Managing a budget and finances effectively requires clarity on the roles and the expectations that go with them. Budget management and financial management are closely related but different – Scope: Time-frame: Focus: Decision Making: In smaller organizations, one person may be responsible for both budget management … Read more