Last week, the Department of Justice gave the green light to the long-sought merger of telecom giants T-Mobile and Sprint. While the merger of the #3 and #4 American phone carriers, respectively, still has legal hurdles to overcome, it is expected to accelerate the deployment of 5G networks in the U.S. For consumers, 5G networks…
Should companies put customers or employees at the center of their universe? There are two competing thoughts on this question, as illustrated by Jeff Bezos and Richard Branson: “The most important single thing is to focus obsessively on the customer. Our goal is to be Earth’s most customer-centric company.” — Jeff Bezos, Amazon CEO “Clients…
Should companies put customers or employees at the center of their universe? There are two competing thoughts on this question, as illustrated by Jeff Bezos and Richard Branson: “The most important single thing is to focus obsessively on the customer. Our goal is to be Earth’s most customer-centric company.” — Jeff Bezos, Amazon CEO “Clients…
Fresh and refrigerated foods continue to gain in popularity as consumers demand healthier foods and shun preservatives. One need only visit a local supermarket, peruse restaurant menus or count the number of nearby farmer’s markets to know this is true, but statistics also support the claim. A recent article in Food Technology cites Technomic and…
Robotic warehouses have great potential. Supply chain leaders across the globe scour the latest technologies and capabilities of robots. The reasoning is simple; robots offer a tireless army of workers without the hassle of managing human laborers. Unfortunately, significant obstacles to robotic warehouses still result in some companies eyeing the technology with suspicion, if not…
This is probably an understatement, but entrepreneurs are some of the busiest people around. A day in the life of an entrepreneur is chock-full of business decisions, research and networking. Because there’s so much to do and so little time to do so, entrepreneurs can easily get off track and become distracted with nonessentials. Chat…
This is probably an understatement, but entrepreneurs are some of the busiest people around. A day in the life of an entrepreneur is chock-full of business decisions, research and networking. Because there’s so much to do and so little time to do so, entrepreneurs can easily get off track and become distracted with nonessentials. Chat…
Recognition is a fundamental human need. At the most basic level, it makes us feel valued, which is what inspires us to stay all bright-eyed and bushy-tailed at work. Out of all the things that matter in the workplace, helping employees feel appreciated is the most important one. Gladly, this isn’t something that I have…
The financial crisis and economic meltdown of 2007-2009 was disruptive for firms across industries, markets, and geographies. It resulted in the collapse of the financial sector, radical changes in the regulatory and policy environment, and a severe contraction of the world economy. In fact, an economic meltdown of this magnitude fundamentally affects all aspects of…
Our 17th Hero of Progress is Malcom McLean, an American truck driver and, later, a businessman who developed the modern intermodal shipping container. McLean’s development of standardized shipping containers significantly reduced the cost of transporting cargo across the world. Lower shipping costs significantly boosted international trade which, in turn, helped to lift hundreds of millions of people…
