AI, Analytics, Big Data, Digital Strategy, Privacy, Risk Management
Companies often grapple with the challenges of respecting customer privacy. Although most firms do not seek to cause or do harm, data breaches, inadvertent misuse of data, and unauthorized publishing of data seem to ultimately happen. Data on a social media site, on a shopping site, or from your gym membership may seem sensitive. But, […]
Analytics, Artificial Intelligence, Asymmetric Information, Big Data, Big Data Analytics, Data Analytics, Data Science, economics, ethics, Facebook, featured, Privacy, Risk
Analytics, Big Data, Big Data and Analytics, Risk Management
Zillow recently announced that it is pulling the plug on its once highly touted house buying machine. Indeed, it was suppose to be a machine, one that used billions of pieces of data to find arbitrage opportunities in the market using algorithms. Buy a house in a surging market, fix it up (quick someone call […]
#investment, Algorithm, Analytics, Asymmetric Information, Big Data, Big Data Analytics, Data Analytics, economics, featured, housing, housing prices, Permit, Real Estate, REIT, Risk, Risk Management, Zillow
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.
#2020, #colleges, #covid-19, #FederalReserve, #insights, #masstransit, #predictions, #realestate, #transit, #tuition, #workfromhome, #zoom, ACT, Amazon, Chairman Powell, Chicago, corporate real estate, covid, COVID predictions, DC, Deflation, delivery, Economic Sciences, economics, featured, GMAT, GRE, Illinois, Leadership, Millennials, post COVID predictions, President Trump, residential real estate, Retail, Risk, SAT, Seattle, Trump, universities, Walmart, WFH, work from home
Digital Strategy, Leadership, Risk Management
The recent settlement between the SEC and Elon Musk shows precedence. In its initial demands, the SEC sought to restrict or remove Elon Musk as CEO of Tesla (a reach rarely seen before in its suits), largely over the tweets he sent suggesting that Tesla could be taken private for a whopping $420 a share. […]
$420, Boards, CEO, Chaiman, Corporate Goverance, Elon Musk, featured, Goverance, Investor Rights, Investors, Market Turmoil, Musk, Risk, SEC, shareholders, Silicon Valley, Tesla, Tesla 3, Tesla X, TSLA, Washington
Global Insights, Innovation, Risk Management
By most conventional measures of the US economy, we are enjoying broad prosperity in the US. Unemployment is down, equity markets are up. However, salary growth is lagging for many. Analysis by the Pew Research Center shows that average real wages are essentially flat over the last 50 years. It shows that prosperity has not reached the middle class and, well, never did.
2020 census, average wages, Cas-Shiller, census, Chicago, congressional seats, DC, Economy, electoral college, featured, Florida, Growth, high speed rail, housing prices, Illinois, income, income tax, local economies, median household income, Miami, middle class, migration, Milwaukee, north, real income, Richmond, south, state taxes, Tampa, taxes, Texas, Trump, us census bureau, wages, Washington, Washington DC, wealth
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
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
Global Insights, Risk Management
2017 New Year Outlooks With 2017 just beginning, it is worth thinking about some financial and business outcomes that are uncertain and will be consequential in the state of the economy next year. Price of Oil The Trump administration seems more supportive of the broader energy sector than was that of Obama, including coal and […]
2017 Predictions, Automobile Loans, Automobiles, Economic Outlook, Economy, featured, Federal Reserve, interest rates, Loans, Oil, Price of Oil, Risk, Technology, Technology Stocks, Tesla, United Airlines
Career Advice, Global Insights, Leadership, Risk Management
“If you can’t Measure it, you can’t Manage it. ” – W. Edwards Deming Each year, as a service to our students here at Northwestern University, I hold a special session showing new graduates how to make a personal financial plan. If you are not measuring your personal finances, you are not managing your personal finances. […]
economics, edward deming, edwards deming, featured, Federal Debt, GDP, government debt, Health Insurance, measurement, Personal Finances, Politics, Poverty, State Debt, US Debt, w edward deming
