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Best Buy CEO praises hiring of tech-smart ‘Net Generation’; also: Target rejects shareholder’s real-estate pitch, and tweeting Minnesota companies

Best Buy’s CEO shares his thoughts on hiring the “Net Generation.” Also: Target rejects shareholder’s proposal to spin off the retailer’s real estate.

Best Buy knows a thing or two about hiring young, tech-smart employees. CEO Brad Anderson is quoted in a BusinessWeek column about how to hire the under-30 crowd: “The Net Geners we hire have enormous knowledge, unprecedented information, and facility with tools that in some areas is superior to their seniors.” Author Don Tapscott predicts there will soon be a “war for talent” over my generation, and traditional recruiting tactics won’t work.

Target says a shareholder proposal to create value by spinning off its real estate is “highly speculative.” The retailer says it won’t go through with the plan. Hedge-fund manager William Ackman , who controls about a 10 percent stake in Target, has been publicly pressuring the company for several weeks. Critics said the plan amounts to a transfer of wealth from future shareholders to current shareholders.

WCCO-TV, Sterling Cross Communications and iPhone software publisher DoApp are among the Minnesota companies profiled in the new “Twitter Means Business” book, by Pioneer Press writer Julio Ojeda-Zapata. It might seem like the last place “any self-respecting company would want to do business,” Ojeda-Zapata writes, but it’s a “remarkably vocal, energetic crowd.” (P.S. You can find me there @dhaugen612.)

Do you have an inside scoop or news tip about a Minnesota company? Spotted something interesting in your RSS reader? Drop Business Agenda a note at dhaugen [at] minnpost [dot] com.