Enter third-wave economics; How the pandemic reshaped the dismal science As part of his plan for socialism in the early 1970s, Salvador Allende created Project Cybersyn. The Chilean president’s idea was to offer bureaucrats unprecedented insight into the country’s economy. Managers would feed information from factories and fields into a central database. In an operations room…
ByHBR.org
Summary. Brands spend billions of dollars a year on lavish efforts to establish and maintain a social media presence. But do those campaigns actually increase revenue? New research provides an answer to this question, which has vexed marketers ever since social media burst upon the scene. In a series of experiments, the researchers tested four increasingly…
ByForbes
A family friend called me the other day asking why it felt like she was paying twice as much for groceries as last year and why she couldn’t always find some of her favorite items. I’ve also noticed some local grocery chains are raising prices, but they are also running 5-10% out of stocks on…
ByForbes
The Biden administration today announced a series of new steps that will be taken by companies and organizations in the private and public sectors to help address the continuing supply chain crisis in the U.S. The White House said the actions are designed “to move more goods faster, and strengthen the resiliency of our supply chains, by…
I recently came off a project with a metal fabrication company that was in severe distress. I was originally introduced to the company in October of 2020 by a mentor of the owner who thought they could use my help. At the time, the owner believed he had the situation under control; he did not. …
Supply chains are adapting, not failing Much of the time most people do not think about the complex choreography that makes modern shopping possible. You just click and wait—and not too long, mind—for a package or three to arrive on your doorstep. Over the past few months, however, the world’s supply chains have elbowed their…
