Facebook Gets Office Worker Fired
…so reads a headline at CNet News that gets my attention: Read more »
Cost of Doing Business: South Dakota’s Cheap!
So how much of an advantage does South Dakota have over other states when it comes to the cost of doing business? Read more »
Guest Speaker: Michael Vetter, DataSync
Big thanks to Michael Vetter, CEO of DataSync in Sioux Falls, who took time out from making his first billion to tell our class about his adventures in entrepreneurship, planning, and management. Following are just a few points that stuck out to me. Students, your observations on Vetter’s presentation, business, and our Q&A are welcome! Read more »
Chapter 5: Dell Case Study
Sorry to keep you waiting! Students online and on-campus, you are welcome to offer your thoughts on the Dell case study from Chapter 5 (pp. 153-154) here.
Some updates:
- Dell remains the world’s second-largest computer maker, but even they are struggling in the recession. Dell announced a reorganization at the end of 2008 in response to decreasing demand for PCs. In 2008 Q3, Dell profits dropped to $727 million (they made $766 million in Q3 2007).
- Interestingly, on Oct. 31 last year, HP reported a 2% increase in revenue, 4% increase in net income, and 10% increase in PC sales.
- That article on HP also notes that since 2007 Q2, Dell has cut 11,600 jobs.
- Not that HP is immune to the downturn: following an October move to cut 133 jobs in Ireland, HP is asking another 1500+ Irish employees to take an eight-day vacation to allow HP to shutter the Leixlip inkjet plant for a couple weeks. Things could be worse: down in Limerick, Dell is cutting 1900 jobs.