Why would a Kansas town reject a new facility offering 1.600 jobs? There may be many answers, but reputation may be one factor that explains the reaction of Tonganoxie, Kansas, residents to a new Tyson Foods facility. Other companies acknowledge challenges in successfully locating new poultry processing plants. In this case, however, Tyson seems to have made a few avoidable missteps leading up to the announcement of the new facility.
Innovation is at the heart of Apple’s business, and innovation depends on talent. The locations of Apple’s research facilities may reflect its strategy to hire the best and brightest. Apple’s practice of opening research facilities and then hiring employees from nearby companies might be viewed as poaching, and in some cases it has led to the dissolution of a relationship with a supplier.
The relation between risk and return creates a certain tension in all investment decisions. In the context of pension funds, however, security is given higher priority than in other investment contexts. Berkshire Hathaway's pension fund is managed by two of the company's investment managers with an approach that is similar to Warren Buffett's general investment philosophy. Too risky for most corporate pension funds, this may work just because it is the "Sage of Omaha's" company.
Among well-known technology companies doing cutting edge work, at 106 years old, IBM may well be the oldest. Its current CEO, Ginni Rometty, appreciates this history and is focused on reinventing the company for the next generation. Gender equity and diversity issues plague many technologies firms, and Romney sees herself as a role model even as she recognizes a longstanding inclusive culture within IBM.
Silicon Valley companies are a tale of two workers. Tech company employees enjoy good wages and benefits. Many service workers on the tech company campuses, however, are employed by contractors and receive much lower wages and fewer benefits. By focusing attention on the well-known tech companies, labor unions are successfully organizing contract workers.