Digital Strategy, Innovation, Leadership
Retail Lessons from Toys R US – Competing in the Digital and Amazon World! Toys R Us and the related Babies R US announced that they are filing for bankruptcy. How Toys R Us got to this point and how they hope to get out are great lessons for retailers competing in the digital and […]
Amazon, Babies R US, Bankruptcy, Business Strategy, Chick-Fil-A, Costco, Customer Service, Disney, Employee Pay, featured, Local, Local vs Global, Price, Retail, Retail Strategy, Strategy, Toys R US, Whole Foods
Product Branding Challenges in Winner Take All Business: Products As Services At the turn of the past century, the dominant retailer was Sears Roebuck and Company of Chicago, Illinois. Their famous catalog advertised virtually everything an American family would need. Sears also owned many factories that made the products and branded products as Sears, including […]
365, Amazon, brands, Competition, Costco, featured, Google, Kirkland, Marketing, Microsoft, Pricing, Products as Service, Whole Foods
Global Insights, Leadership, Risk Management
The economists and central bankers of the US Federal Reserve have a perplexing challenge. The US economy has picked up in terms of GDP growth, but inflation is below the Goldilocks target of 2%. How could economic models be wrong? What, if anything, has changed? It has spurred a serious discussion that suggests that US economy operates differently now. I think the answer is obvious – DEFLATION! We have deflation, just not in an absolute form. We have deflation in the economy like you might have bugs in your house. They are not everywhere, just in places. Overall, the house is mostly clean, but there are some bugs.
Automation, Baby boomers, Bots, Brexit, Canada, China, Congress, Deflation, Demographics, Digitization, economic growth, economics, featured, GDP, GDP growth, houshold income, Inflation, interest rates, Irving Fisher, lower taxes, Mexico, Millennials, Milton Friedman, Population, real income, Taxation, taxes, Trade, Unemployment, USA trade, yellen
Iceland: Economic and Business Lessons – Fire and Ice This summer, I had the pleasure of visiting Iceland with my family. It is an amazing country in so many ways. In addition to its unmatched natural beauty of mountains, glaciers, seashores, and active volcanoes, visiting offers some great lesson in economics and business. Iceland Has […]
66 North, Amazon, Branding, Commodities, Commodity, Digital Economy, Economic Sciences, economic trade, economics, Economy, Education, featured, Florida, Iceland, Icelandair, Icelandic, import, Lamb, Marketing, Mexico, NAFTA, North Face, Salmon, Spain, Tourism, Trade, Turkey, Unemployment, Whole Foods, World Economics
Career Advice, Innovation, Leadership
Fall will soon be here in Evanston, Illinois; the first of the maples are turning orange and the summer is quickly cooling. In the coming weeks, we will welcome our new students to campus at Northwestern University. It is always an exciting time of the year. It is exciting to be part of the new […]
Career Advice, featured, going to college, Leadership, MBA advice
Analytics, Big Data, Big Data and Analytics, Career Advice, Digital Strategy, Innovation, Leadership
1. Analytics has Moved from Manual to Machine-Driven – Don’t Become a Robot! Most people in the field of analytics can remember writing their own analytical code. Today, our Data Scientists in the MSiA program at Northwestern, can produce analytical models from regression, decision trees, support vector machines (and more) – all with more or […]
Abalytics Professional, Airbnb, Algorithm, Amazon, Analytics, Artificial Intelligence, Automation, Big Data, Big Data Analytics, Big Data to Big Profits, Bots, Career Advice, Data Analytics, Data Capture, Data Monetization, Data Products, Data Science, Digital Economy, featured, Google, IoT, LinkedIn, Mobile, Northwestern Analytics, Northwestern University, Robots, Uber, Uberfication
Analytics, Big Data, Big Data and Analytics, Leadership
Map of Party Change Arrows from NY Times. Large red arrows show counties that moved to Trump in 2016 over Obama in 2012. The 2016 Presidential election offers many valuable lessons. It shows that for many Americans, especially those in urban areas, there is a bubble. Living in a bubble is a challenge for […]
2016, 2016 Election, 2016 Presidential election, Analytics, Big Data, Big Data Polls, Clinton, Digital, Donald Trump, Election Map, featured, GOP, New York Times, NY Times, Obama, Party Changers, Politics, Presidential Election, presidntial election, Trump
United Airline’s recent fiasco continues to spiral out of control. The dragging of a fare-paying doctor from the flight was recorded by many other passengers. The reaction of United Airlines and the impact of social media on this crisis show that United and its CEO, Oscar Munoz, failed to recognize the dangers of the situation […]
CEO, China, crisis, Crisis Management, customer, customer management, featured, Leadership, Leadership lessons, Oscar Munoz, United CEO
Career Advice, Leadership, Risk Management
By now, you have probably heard about the doctor that was dragged off a United flight from Chicago to Louisville. The video, taken by passengers, tells all. How do companies make such bad decisions? How can we learn to make better decisions and stay away from such self-infected and unnecessary damage? Identify Conflicts before Critical […]
Airlines, Bad decision-making, Chicago, Crisis Manas, Decision-Making, DElta, featured, Louisville, Risk Management, United, United Airlines, United removes passenger
Analytics, Big Data, Big Data and Analytics, Digital Strategy, Global Insights, Innovation, Leadership, Risk Management
I hope this finds you off to a very Happy New Year! It is a natural time to plan for the coming year. The Angel Oak of Charleston, South Carolina has always inspired me. It has grown and prospered for over 500 years, reminding us that everyday can bring growth and prosperity. I wish you […]
Artificial Intelligence, Automation, Big Data, Big Data Analytics, Boomers, Data Monetization, Data Science, Digital, Digital Strategy, executive seminars, featured, GenX, Global insights, Innovation, keynote talks, Millennials, Reputational Risk, Risk, Risk Management, The world in 2050
