May 2024

Warning Signs: Proactive Business Strategies for a Tightening Economy

Business Development, Capital/Finances, Charts and Trends, Management, Sales & Service / By Rick Slark

This season’s corporate earnings reports suggest a cooling period is on the horizon. Iconic brands like McDonald’s, Yum Brands, and Starbucks report that consumer wallets are snapping shut, echoing broader economic sentiments. Industrial stalwarts like 3M have noted a softening in discretionary expenditures, while Newell Brands highlights inflationary pressures as a culprit for their cautious …

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The Number One Reason Understanding Your Customer Matters: Insights from GM

Business Development, Charts and Trends, Customer Service, Management, market research, Sales & Service / By Rick Slark

What is Changing: General Motors has recently announced the discontinuation of the Chevy Malibu, marking the company’s departure from sedan production to focus solely on electric vehicles (EVs) and larger vehicle formats such as SUVs and trucks. This is part of a broader trend in the automotive industry, as we see traditional sedans gradually disappearing …

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Could Kellogg’s 1930s Workweek Revolutionize Today’s Workplace?

Charts and Trends, Economic Development, Humanity, Management, Mental Health, Time Management / By Rick Slark

In the early 20th century, amidst the economic strains of the Great Depression, W.K. Kellogg made a bold move at his Battle Creek plant: He introduced a six-hour workday, effectively creating a shorter workweek. This decision was rooted in his philosophy of “more for all and less for none,” which aimed to increase employment by …

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