Is America Inc getting less dynamic, less global and more monopolistic?

Is America Inc getting less dynamic, less global and more monopolistic?

We test three prevailing hypotheses about American business Concerns about the health of American business are many and varied. Chief executives are chastised for their apparent short-termism. Their companies are berated for fetishising shareholders over everyone and everything else. Elon Musk, boss of Tesla, a maker of electric cars, grumbles about a surfeit of business-school…

The World Economy’s Supply Chain Problem Keeps Getting Worse

The World Economy’s Supply Chain Problem Keeps Getting Worse

A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world economy. Manufacturers reeling from shortages of key components and higher raw material and energy costs are…

Hire Leaders for What They Can Do, Not What They Have Done

Hire Leaders for What They Can Do, Not What They Have Done

Summary; The next time you are filling a leadership role, ask yourself three questions. First, does the candidate have the skills to be a high-performing contributor or the skills to be an effective leader? The performance level of individual contributors is measured largely through their ability, likability, and drive. Leadership, by contrast, demands a broader…

The Set-Up-To-Fail Syndrome

The Set-Up-To-Fail Syndrome

When an employee fails—or even just performs poorly—managers typically do not blame themselves. The employee doesn’t understand the work, a manager might contend. Or the employee isn’t driven to succeed, can’t set priorities, or won’t take direction. Whatever the reason, the problem is assumed to be the employee’s fault—and the employee’s responsibility. But is it?…

Inflation Should Be an Important Consideration in Your Supply Chain Strategy

Inflation Should Be an Important Consideration in Your Supply Chain Strategy

As a business leader, you have had to deal with numerous challenges in recent years: the Covid-19 pandemic, criminal cyberattacks, extreme weather events, geopolitical tensions, and more. Now you can add inflation woes to your list of potential challenges. Shifting Central Bank Priorities In the 2010s, inflation in major economies was largely at historically low…

They are dumb

They are dumb

I had a project where I was hired to try to help turn a company around.  The challenges faced existed across the entirety of the company.  In fact, there was no function of the company that was operating at an acceptable level.  This company was very sick. The owner of the company and I made…