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A Beautiful Mind and Game Theory

A Beautiful Mind and Game Theory

In this video clip from the movie, A Beautiful Mind, the concept of cartels and game theory is taught during a scene at a club. All of the men in the group want to have the same blond woman. John Nash, the main character, then suggests that all the men make a deal where no one gets the blond and they all spend the night with one of her friends instead. In this deal, everyone agrees, yet there is a huge incentive to cheat, much like in a situation between cartels in oligopolies. Keywords: Economics, Game Theory, Cartels, Oligopolies

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Intro to Economics

Intro to Economics

Original Article Publication Date: 06/26/2017

Whether it's being used as an opener to an economics course or to briefly teaches the concept, this comedic clip explains supply and demand using simply the logic of a fashionista (end at 2:04).

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Confessions of a Recovering Micromanager

Confessions of a Recovering Micromanager

Original Article Publication Date: 10/01/2018

Chieh Huang breaks down why micromanaging is so detrimental to progress with data and first-hand accounts. After starting his own business in mobile commerce, he found himself micromanaging his employees and began wondering why we micromanage, how that affects the employee, and what happens when we stop that micromanaging and let the employees think freely and creatively.Keywords: Management, Entrepreneurship

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What Are You Willing To Give Up To Change The Way We Work

What Are You Willing To Give Up To Change The Way We Work

Original Article Publication Date: 10/01/2018

Many companies are succeeding due to the lack of hierarchy in their organization. Companies wanting to copy that need to ask themselves what they're willing to give up in order to make those changes in their own organization. By using both autonomy and alignment, management and companies need to identify what they will need to leave behind to succeed. Keywords: HRM, Operations Management, Business Administration

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8 Lessons On Building a Company People Enjoy Working For

8 Lessons On Building a Company People Enjoy Working For

Original Article Publication Date: 02/01/2019

Patty McCord briefly covers the 8 ways management and Human Resources can improve the way we adapt our companies to keep people happy and the company progressive.

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The Surprising Habits of Original Thinkers

The Surprising Habits of Original Thinkers

Original Article Publication Date: 02/01/2016

Adam Grant highlights the common habits of original thinkers. The first is moderate procrastination which allows for time to think and the free flow of ideas. Original thinkers have more success when they improve others' ideas compared to being the first to market. They focus on idea-doubt instead of self-doubt and fear never trying more than failure. Finally, originals aren't afraid to attempt even if they may fail because sheer volume of attempts bring successes. Keywords: Entrepreneurship

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The Social Network and The Network Effect

The Social Network and The Network Effect

In this video clip from the movie, The Social Network, Mark Zuckerberg explains that in order to break into the market at Baylor University in Texas, they first broke into surrounding markets at universities in close proximity. Once college students at campuses surrounding Baylor were all using the same network, then students at Baylor were more inclined to join. With each one of their friends and colleagues who joined the network, it added more value for new users to join as well. Keywords: Marketing, Economics, Network Effect, Network Externality, Network Goods

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The Happy Secret To Better Work

The Happy Secret To Better Work

Original Article Publication Date: 05/01/2011

Shawn Achor takes a humorous approach to positive psychology and its role in the workplace. He suggests that when we find positive 'measurement errors' or outliers in data, we shouldn't delete them but work to bring the average up to them. Research shows that our happiness levels actually affect our external world, not the other way around. Shawn addresses ways that we can change how our brain sees success, encouraging us to be happy first which leads to success. Keywords: Management, HRM, Business Administration

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The Way We Think About Work Is Broken

The Way We Think About Work Is Broken

Original Article Publication Date: 03/01/2014

Barry Schwartz suggests that the reason we work is not for money or because we have to but for the technology of ideas. We create human nature through this technology, and even if they're false ideas that we believe then we still live our lives that way. This is how he views work. The industrial revolution taught us to do work, no matter how mundane, for money and incentives. It boils down to changing the institution or culture in which people work. Keywords: MHR, Management, Operations Management

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Number of Retail Stores Closing in 2019 Has Passed 4,000

Number of Retail Stores Closing in 2019 Has Passed 4,000

Original Article Publication Date: 02/22/2019

The last couple of years have brought the 'retail apocalypse', which is claiming over 4,000 brick-and-mortar stores across the country. With the bankruptcy and liquidation of companies like Toys R Us, Payless ShoeSource, and Shopko we don't see this pattern slowing down. Yet as Gap announces the closure of 230 stores we also see them parting ways with Old Navy which brought in $8B last year and plans to open more locations. Keywords: Finance, Economics, Marketing

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News Stories and Cases

Monty Python and Price Discrimination

Monty Python and Price Discrimination

This video clip from the movie, Monty Python's Life of Brian, can be used to teach price discrimination in the first degree. When a man tries to purchase an item from a merchant at the market, the merchant refuses to let him pay the price of the item, insisting that he barter for it. By altering his prices based on his customer's willingness to pay and forcing him to barter, the merchant is price discriminating in the first degree. Keywords: Economics

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Ride-Hail Firm Lyft Races to Leave Uber Behind in IPO Chace

Ride-Hail Firm Lyft Races to Leave Uber Behind in IPO Chace

Original Article Publication Date: 12/06/2018

2019 is the year of the tech company IPO race and the leader is currently the ride-hail firm, Lyft. Lyft has filed to go public ahead of bigger competitor, Uber, and other tech companies who plan to follow suit later this year. A major reason for the sudden push for IPOs stems from the already declining market possibly getting lower. Uber plans to open up to public investors among $1.07B in losses due to rapid expansion. Keywords: Economics, Marketing, Finance

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News Stories and Cases

Why Australia hasn't had a recession in 27 years

Why Australia hasn't had a recession in 27 years

Original Article Publication Date: 02/08/2019

America's economy is on track to its longest period of growth on record, reaching one decade in July 2019. But that's nothing compared to Australia's 27-year run without a recession. Known as "the Lucky Country", Australia benefits from many different factors that have allowed them to avoid an economic collapse for as long as they have. Keywords: Economics, Finance, GDP

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News Stories and Cases

She’s 35 -- and runs a $3 billion company

She’s 35 -- and runs a $3 billion company

Original Article Publication Date: 07/31/2018

Stitch Fix founder, Katrina Lake, never imagines herself as a CEO, especially as a pre-med student at Stanford University. But an interest in economics led her to, within a matter of years, receive a Master's in Entrepreneurship from Harvard Law School, launched her company as a personalized shopping service, and become the youngest women ever to take a company public and one of the wealthiest self-made women in America. In this article, she shares insights about her journey and what it took to start a company. Keywords: Economics, Entrepreneurship, Economy

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News Stories and Cases

50 Entrepreneurs Share Priceless Advice

50 Entrepreneurs Share Priceless Advice

Original Article Publication Date: 12/07/2014

This video is a compilation of some of the most successful entrepreneurs giving priceless advice on what it takes to be successful in Entrepreneurship.

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These industries could be Amazon’s next targets

These industries could be Amazon’s next targets

Original Article Publication Date: 10/09/2018

This video explores what Amazon is predicted to look like 5 years from now. As a big company, they are looking for new industries to conquerand are making the shift from a product-based company to a service-based company. Keywords: Marketing, Industry, Economy, Economics

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News Stories and Cases

Top 8 Business Stories of 2018

Top 8 Business Stories of 2018

Original Article Publication Date: 12/21/2018

2018 was an interesting year in the Business world. This short video goes over what CNN thinks are the top 8 stories of the year in different companies and what aspects and events qualified them to be considered a top business story of 2018.

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News Stories and Cases

Back to Basics: Principles of Teaching That Will Never Expire

Back to Basics: Principles of Teaching That Will Never Expire

Professor Mike Christiansen's address at the 2018 Empowering Teaching Excellence conference at USU focuses on four principles that will always improve teaching even in an ever-changing academic environment.

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Strategies and Methods

The Real Reason Female Entrepreneurs Get Less Funding

The Real Reason Female Entrepreneurs Get Less Funding

Original Article Publication Date: 12/20/2018

Dana Kanze focuses on the correlation between gender biases and start-up funding. While women have founded 38% of US companies, they only receive 2% of venture funding. In her research, Kanze discovered a prominent presence of the social psychological theory of regulatory focus that differentiates between two motivational orientations of promotion and prevention during the question and answer section of an entrepreneur’s pitch to investors. Key Words: Entrepreneurship

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News Stories and Cases

The Dark Knight and Prisoner's Dilemma

The Dark Knight and Prisoner's Dilemma

This video clip from Batman: The Dark Knight, gives an example of the economic game of strategy, Prisoner's Dilemma. The Joker gives two ships the ability to detonate a bomb located on the other. If they choose to blow up the other ship, they will go free. If neither choose to detonate the bombs within a certain time period, both ships will be blown up. In this extreme example, the concepts of game theory and dominant strategies can be illustrated. Keywords: Economics, Game Theory, Strategy

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Top 10 Advanced PowerPoint 2016 Tips and Tricks

Top 10 Advanced PowerPoint 2016 Tips and Tricks

Original Article Publication Date: 11/29/2018

This video contains 10 advanced PowerPoint features. These features include Add-ins, Design Ideas, Skype for Business, Screen Recording, Templates, Animate Images, Translate, Selection Pane, Link to Excel, and Instant Slideshow.

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Build Relationships with Small Talk

Build Relationships with Small Talk

Original Article Publication Date: 11/29/2018

Small talk is critical in building quick relationships. This video shares three solid questions to ask in small talk to build credibility and trust. It’s important to remember that more important than asking questions is listening. The three questions are: How is your day going so far? How did you join your organization? What are you working on right now?

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Facebook’s Secret to Recruiting and Retention Success

Facebook’s Secret to Recruiting and Retention Success

Original Article Publication Date: 11/12/2018

Facebook was voted as #1 place to work by Glassdoor in 2018. In this video, the VP of HR and Director of HR Recruitment share why that is. (Length 40.02 minutes)

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The Top Hiring Trends for 2018

The Top Hiring Trends for 2018

Original Article Publication Date: 01/12/2018

LinkedIn’s VP of Global Talent Acquisition talks about the top 4 hottest trends of recruiting in 2018. Linkedin surveyed 9,000 talent acquisition professionals and four trends emerged: Diversity, Interviewing, Data, and Artificial Intelligence.

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The Role of HR Has Evolved. Meet The 21st Century HR Leader

The Role of HR Has Evolved. Meet The 21st Century HR Leader

Original Article Publication Date: 11/12/2018

HR has changed a lot from what it used to be. Before it was considered to be more administrative, but today it has become much more complex and now HR has become a leader and a business partner in the workplace. In this video, you find out how and why.

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Top 10 Rejected Shark Tank Pitches That Became Successful

Top 10 Rejected Shark Tank Pitches That Became Successful

Original Article Publication Date: 10/27/2017

This video shows 10 impressive business opportunities that were rejected on Shark Tank and eventually went on to be successful businesses. It goes to show that you should not give up on your goals if you are confident that you have a great company.

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Winning Shark Tank Pitches

Winning Shark Tank Pitches

Original Article Publication Date: 08/24/2016

Any entrepreneur will tell you that every successful company starts with a successful pitch. There are many different elements that make a great pitch what it is. In this video, three winning contestants on Shark Tank pitch their products using similar and different techniques, but all three yield the same result: investment by a shark.

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Doing Business in France

Doing Business in France

Original Article Publication Date: 06/05/2014

This video starts with a segment from CNN Business that discusses how to do business in France, including interviews with experienced business people that have worked in France. The video concludes by showing a variety of general informational items, such as work/life balance, perceptions of corruption, and level of punctuality about France.

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Warren Buffett's Top 10 Rules For Success (@WarrenBuffet)

Warren Buffett's Top 10 Rules For Success (@WarrenBuffet)

Original Article Publication Date: 05/23/2015

Warren Buffett is one of the most successful businessmen of all time. This video goes over a compilation of advice Warren Buffett has given over the years to be successful.

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How To Pass Your First Accounting Class / Write This Down Every Day / Accounting For Beginners #99

How To Pass Your First Accounting Class / Write This Down Every Day / Accounting For Beginners #99

Original Article Publication Date: 10/30/2018

Short video that gives a very simple and clever acronym to understand the basics of accounting principles such as Debits and Credits. The acronym is DC ADE LER.

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How to Speak So That People Want to Listen

How to Speak So That People Want to Listen

Original Article Publication Date: 06/10/2013

Have you ever wondered how to get people to listen to you more? This video goes over techniques anyone can use to be more influential. In this video you learn the seven deadly sins of speaking, the four cornerstones to be heard more, and six techniques anyone can do to warm up their voice.

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The Explainer Porter’s Five Forces

The Explainer Porter’s Five Forces

Original Article Publication Date: 03/21/2016

This video goes over Porter's Five Forces which is a model to help your company have a competitive advantage. The five forces are; Buyers, Suppliers, Substitutes, New Entrants, and Rivals.

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Why Starbucks Failed in Australia

Why Starbucks Failed in Australia

Original Article Publication Date: 07/26/2018

Australia has proven to be one of the toughest markets to break into and Starbucks has had first hand experience with just how hard it can be. First opening stores in Australia in 2000, Starbucks launched too quickly and made their brand almost too available to their customers, leaving almost no room for the Australian consumer to develop a taste for the brand. Ultimately they paid the price and just as quickly as the coffee empire opened, Starbucks closed 61 stores by 2008.

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Top 25 Excel Tips and Tricks

Top 25 Excel Tips and Tricks

Original Article Publication Date: 11/19/2018

This video contains 25 basic Excel tricks that gives learners a glimpse of what Excel can do. Below is the list in numerical order that is shown in the video.

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The Office; Dwight, Jim and Michael do a Roleplay

The Office; Dwight, Jim and Michael do a Roleplay

Original Article Publication Date: 10/31/2017

Dwight, Jim and Michael are conducting a role-play to "fix" Dwight by helping him be more approachable with customers. The video presents a humorous portrayal of role-play as a form of employee training. 

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Aquarium Build Meltdown?

Aquarium Build Meltdown?

Original Article Publication Date: 10/31/2017

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Uber Loses London Operating License

Uber Loses London Operating License

Original Article Publication Date: 10/31/2017

Uber will not be issued a new private hire licence, Transport for London (TfL) has said. TfL concluded the ride-hailing app firm was not fit and proper to hold a London private hire operator licence.
London was one of the largest business disruptors in the world and saw tremendous profit in London. Taxi drivers and other public transportation companies were hit and have the largest problem with Uber operating.

  1. With only 5 years operating how should other companies reacted to rideshare programs?
  2. How does culture play into the idea of Uber operating in London? What about other parts of the world?
  3. How should law officials react when drivers are contracted...

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    News Stories and Cases

Postmates Changing Delivery

Postmates Changing Delivery

Original Article Publication Date: 04/30/2015

Food delivery is estimated to be a $70 billion-a-year industry in the U.S. Startup companies like Postmates and Instacart have created apps that they hope will tap into that, and more. At just the click of a button, they're aiming to deliver anything, from seafood to shoes, in a matter of hours or just minutes. Jamie Wax, from CBS This Morning, takes a behind-the-scenes look at the growing business of instant delivery.

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The Big Bang Theory - Sheldon Trains Penny Using Positive Reinforcement

The Big Bang Theory - Sheldon Trains Penny Using Positive Reinforcement

Original Article Publication Date: 10/06/2009

Sheldon tries to train Penny to behave appropriately while watching TV by using positive reinforcement techniques. Key words: motivation, training, positive and negative reinforcement, operant conditioning, Skinner

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Best Buy Uniform Prank

Best Buy Uniform Prank

Original Article Publication Date: 11/07/2011

Eighty people enter a Manhattan Best Buy store wearing blue polo shirts and khaki pants that look a lot like Best Buy uniforms, without the logo. Chaos ensues. Keywords: Branding, Uniforms, Customer Service, Publicity

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