Econ Recon
A “lukewarm” data set: ITR Economics Brian Beaulieu looks at recent economic data and sees a “lukewarm” economy. The latest edition of FedWatch explains why. Time for a new tool kit? According to Brian Wesbury, there are two types of economic thought represented by differing school: demand side or “Keynesian Economics” (represented by the work of John Maynard […]
AI and Million Dollar Mistakes
When it comes to AI, for many small businesses it can feel like building the plane and flying it at the same team. AI is here and the tools are easily accessible, but the real payback requires solid implementation. But as the late Peter Drucker once said, “Plans are just good intentions unless they immediately degenerate into hard […]
Cheaper Space
Most of us have heard of “Moore’s Law” promulgated by Intel founder Gordon Moore who predicted in the 1960s that the cost of computing would drop by half every 18 months. That prediction has been realized over the decades resulting in the awesome and affordable technology we all have access to. No less remarkable than the […]
Don’t Leave Me!
Honest and open feedback is a gift we give our employees; and the same from them is equally important. But there is a chapter in an employee’s life where we might want their feedback more than at any other time: When they’re leaving us. An exit interview is uncomfortable for both parties and can often become […]
Do You REALLY Need a Competitive Advantage?
Seems like a stupid question, doesn’t it? After all, Warren Buffett once said that competitive advantage was the most important investment criteria. But Vistage Speaker and Competitive Advantage Expert Jaynie Smith says “No, under certain circumstances. Thousands, if not millions, of look-alike companies are making decent returns, with some even experiencing impressive growth. Various factors contribute […]
Best Blogs
General BusinessVistage Research and Insights: Webinars and articles for the C-Level and those who aspire to it. (Available to all, not just Members).Chief Executive Magazine: Great, short articles for CEOs.“No Mercy, No Malice”: Many want to be thought leaders; few are. Dr. Scott Galloway is. Thoughtful (no malice), researched commentary but without filters (no mercy).Take 5 […]
Econ Recon: A “No Landing” Economy?
“Soft,” “hard” or “no” landing? The business cycle hasn’t been outlawed, but the current expansion is 15 years old, so many economists debate whether there will be a “hard landing” or a “soft landing.” Declining interest rates, inflation and a strong labor and stock markets are causing some to think that there won’t a “landing” at all. […]
The Four Costliest Words
Executives understandably look for ways to differentiate their offerings. But when making decisions, an article in the Farnam Street blog warns that “ When we look at situations, we’re always looking for what’s unique. We should, however, give more thought to similarities.” To that end, you are advised to be on the lookout for “The Four Most Costly Words […]
The War for Talent: No End in Sight?
Every executive knows that we’ve been in a very tight labor market for several years. While job growth especially in the US continues, we are seeing layoffs especially in tech and a few other industries (Boeing announced it would lay off 17,000 employees yesterday) but those in the C-Suite planning for the future would do well […]
Civics Lesson: Mailing it In
One of the big issues in recent elections is mail-in voting. Some welcome the convenience and enhancement of accessibility to voting that a mail-in option offers, while others worry about voter fraud. But what most people don’t know is that mail-in voting in the United States is not a new issue. People have been voting by […]
