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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Just this week, we heard the good news that median household income grew by 1.8% to $61,372, a new post-recession high. Still, some 39.4 million Americans live in poverty, and that number improved. Unemployment has gone down, and the equity markets are banging on all-time highs. Still, a few things are not working. Not everyone […]
2020 census, Case-Shiller, congressional seats, Economic Sciences, Economy, electoral congress, featured, Florida, GDP, Growth, housing prices, income, Median Income, migration, personal income, Real Estate, Texas
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 […]
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Big Data and Analytics, Global Insights, Leadership
The US economy has hit a relative high note – low unemployment and high company evaluations. So, why are some places still hurting and not growing? The answer is tied to dramatically different plights and outlooks of Americans based on where we live. Our economies are really local. I believe these differences are rooted in […]
Analytics, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Visualization, Digital Economy, Economic Sciences, GDP, Location Based Services, Median Income, Microsoft, Real Estate Prices, Risk Management, Unemployment, Value of a College Degree
Big Data and Analytics, Digital Strategy
The opportunities ahead for Microsoft and LinkedIn are many. There are also some important lessons for the tech industry. This, the largest of Microsoft’s acquisitions, is really about buying data and data assets. Here are my thoughts on opportunities going forward and lessons leaned from the LinkedIn sale: Microsoft can make LinkedIn the Greatest Expert […]
Airbnb, Amazon, Analytics, Apple, Big Data, Big Data Analytics, Big Data to Big Profits, Career Development, Data Analytics, Data Monetization, Data Products, Data Science, Digital, Digital Platforms, Economic Sciences, IoT, IT Strategy, Kellogg School of Management, Lesson from Microsoft's Purchase of LinkedIn, LinkedIn, Merger and Acquisitions, Microsoft, Microsoft LinkedIn, Microsoft LinkedIn Bad, Microsoft LinkedIn Good, Microsoft's Purchase of LinkedIn, Mobile, Opportunities of Microsoft Buying LinkedIn, Uber
The 2016 Presidential Election has offered surprises and intrigue. It has also offered excellent examples of strategy at work. These lessons are most applicable to business, too. These are 7 important business strategy lessons from the election: Lead with a Simple and Direct Message: Trump has a very simple and direct tagline, “Make America Great, […]
Analytics, Authenticity, Brand, Business Strategy, Democrats, Disruptors, Economic Sciences, Elections, GOP, Growth, Hispanic, Hispanic Population, Latinos, Minorities, Politics, President, Republicans, Risk, Strategy, Trump
Big Data and Analytics, Innovation
Everywhere you look there is mention of “Big Data.” But what business people care most about is turning big data into big profits. This is the focus of Russell Walker’s book From Big Data to Big Profits:
Algorithm, Analytics, Asset Surveillance, Asymmetric Information, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, Data Products, Economic Sciences, featured, Harvard Business, IoT, Mobile, Webinar
Big Data and Analytics, Innovation
By Cheryl SooHoo How do you turn your company’s big data into big bucks? First think big and then bigger about the value of your data, says Russell Walker EMP 64, clinical associate professor of Managerial Economics & Decision Sciences at Kellogg. “Your data doesn’t jump out and say, ‘Hey, I am worth hundreds of […]
Analytics, Asymmetric Information, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Monetization, Data Science, Digital Platforms, Economic Sciences, Kellogg School of Management, Leadership, Location Based Services, Mobile, Oxford University Press
Big Data and Analytics, Innovation
The real estate industry has gone through a massive transformation as new real estate websites such as Zillow (and Trulia now owned by Zillow, and Redfin) have brought together Big Data sets on available properties, home buyers, and home sellers. These firms have, in the process, showed us that important lessons and best practices in […]
Analytics, Asymmetric Information, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Products, Data Science, Digital Platforms, Economic Sciences, Location Based Services, Mobile, Population, Real Estate, Trulia, Zillow
Big Data and Analytics, Digital Strategy
Major consumer-package-goods firms (CPG), like Kraft, Nestle, Coca-Cola and PepsiCo have always operated with a blind spot about customers. This has always made marketing challenging. Although their products were often ingested by consumers, they rarely if ever met customers. CPG firms rarely knew their identify of customers and even at times had a poor understanding […]
Amazon, Analytics, Big Data, Big Data Analytics, Big Data to Big Profits, Coco Cola, CPG, Data Monetization, Data Products, Digital Platforms, Economic Sciences, Kraft, Nestle, Nielsen, PepsiCo, Surge
