In 2001, a bold forecast from economist Jim O’Neill at Goldman Sachs set the stage for a shift in global economic power. He predicted four emerging markets—Brazil, Russia, India, and China—would dominate the world economy by 2050. This prediction materialized in the formation of the BRIC group, which later expanded to BRICS with the inclusion […]
What Does the Rise of a New Economic Coalition Mean for the World? Read More »
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
Warning Signs: Proactive Business Strategies for a Tightening Economy Read More »
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
The Number One Reason Understanding Your Customer Matters: Insights from GM Read More »
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
Could Kellogg’s 1930s Workweek Revolutionize Today’s Workplace? Read More »
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