Post by: Russell Walker, Ph.D.
Global Insights, Innovation, Risk Management
With President Trump and many people around him being treated for COVID, it is clear that COVID can and does touch everyone. Even if you are not infected, you are experiencing a new economy and a new world. COVID changes have been challenging. Many of the changes we are experiencing will stay with us for years, I think. Some are unexpected and will have long-term impacts to our society and economy. Here are some predictions of economic and financial changes that will stay, even after we have achieved victory or control over COVID.
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Career Advice, Global Insights, Leadership
2020 will be the year we relate to our children and grandchildren, when we discuss overcoming challenges and difficulty. When students looks back, they will remember the online classes and to move to virtual everything. In passing, we will remember more of the good than the bad, as is the case with almost all reflection. […]
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With Super Bowl LIV upon us, I thought I’d share a bit about why Super Bowl XVIII remains my favorite Super Bowl. Really, it was Super, featured the launch of the iconic Apple Macintosh, and offers a few lessons in leadership! Building a Team: A First for Tampa: This was the first Super Bowl to […]
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Big Data and Analytics, Digital Strategy, Leadership
With the college football in full swing, it is worth a look to see how the teams stack-up, not based on rankings, but based on fan loyalty. Big Data and Data Visualization help us with this and lead to some interesting insights. College football also offers us a great opportunity to look at the Big […]
#UW, Big Data, Big Data Analytics, Big Data to Big Profits, College Football, Data Analytics, Data Science, Facebook Football, featured, Football, Sports, Sports Analytics, university of washington
Career Advice, Leadership, Uncategory
Fall is in full swing here in Seattle; the first of the maples are turning orange and the summer has quickly cooled. For me, it is a great change to move to the beautiful Pacific Northwest and to be part of a fine institution like the Foster School of Business at the University of Washington. […]
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Analytics, Big Data, Big Data and Analytics, Leadership
Thanks to all of you that read and follow my blog, I am pleased to report that Big Data to Big Profits has been named a top blog in Big Data in and Analytics by Feedspot. This is especially an honor, given the many large, corporate, and multi-author blogs that are also on the list. […]
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With Super Bowl LIII upon us, I thought I’d share a bit about why Super Bowl XVIII remains my favorite Super Bowl. Really, it was Super, featured the launch of the iconic Apple Macintosh, and offers a few lessons in leadership!
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I enjoy maps. Each tells a complex story. Here are some of my favorites to reveal realities about our country, its economy, people, prospects and nuances. Not much commentary from me. I’m letting the maps speak.
ancestry, Economy, Education, featured, Hispanics, housing prices, hurricanes, job growth, Latinos, light pollution, maps, migration, Real Estate, rivers, taxes, tornados, US
Amazon recently made the news by publicly announcing that it is targeting hard to sell items, so called Can’t Realize a Profit (CRaP) for removal from its all-powerful sales channel. Such items are believed to be those that have a low revenue for the cost to ship.
7-11, activity based accounting, Aldi, Amazon, Costco, costs, CRaP, Dash Button, department store, energy costs, featured, fixed costs, Grocery Store, gum, HVAC, labor cost, marginal revenue, Montgomery Ward, profit, Real Estate, Retail, Sears, Shipp, shipping costs, Trader Joe's, warehousing, Whole Foods
There is an open debate among economists and business leaders on why digitization leads to a near winner take-all business model. We see the dominance of one search tool in Google and Netflix over other movie providers. In decades past, it was common to have a movie theater in each community and local bakers everywhere. In other business models, especially those driven by personal relationships and locality, we have seen many scores of offerings simultaneously. In fact, achieving scale for the seller was very hard.
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