News Archive
What can business leaders and managers learn from watching the earnings of publicly traded companies?
In his years as a successful entrepreneur creating and selling corporations to the likes of Coca-Cola and Kimberly-Clark, Richard Jaffe, one of the owners of the Phoenix Suns, found a few constants to guide him in business and in life.
The age of digital marketing brings with it new challenges, including how to respond during a national tragedy. Remember, as recently as Sept. 11, 2001, we had no MySpace, much less Facebook, Twitter or YouTube. Except for email, no vehicle for delivering instantaneous marketing messages existed. After 9/11, one of the most painful days in American memory, most of us had time to pause, reflect and put on hold print, radio and TV marketing campaigns that might be viewed as inappropriate or offensive.
Are the young, multiplying countries of Africa the next frontier? Which countries will be members of the EU in five years? Where is the ground safe in the Middle East? What will happen if things go awry in the South or East China Sea? Is Mexico going to replace Brazil as Latin America?s superpower? Is the debt-soaked, trade-o-phobic United States destined to be a country with meager growth, sidelined from the global growth party?
When the Equal Pay Act was signed into law by President Kennedy 50 years ago, in 1963, women were earning an average of 59 cents on the dollar compared to men. While women hold nearly half of today's jobs, and their earnings account for a significant portion of the household income that sustains the financial well-being of their families, they are still experiencing a gap in pay compared to men's wages for similar work. Today, women earn about 80 cents on the dollar compared to men - a gap that results in the loss of about $380,000 over a woman's career. For African-American women and Latinas, the pay gap is even greater.
In the world of social networks, innovation can quickly change the field of frontrunners -- remember LiveJournal?
We just saw it again as Google+ overtook Twitter to claim the No. 2 spot behind Facebook. And the new kid is already better than Mark Zuckerberg?s baby for small businesses, professional firms and entrepreneurs, says Alex Hinojosa, vice president of media operations for EMSI
Business people and professionals struggle with the challenges of establishing trust and preeminence both online and off. On the Internet, it?s a particular challenge for individuals and firms to stand out from the pack. Pretty much everybody?s websites tend to look a lot like those of their competitors. The Internet brings your story to more people, but it also commoditizes most businesses and offerings, to be judged primarily or solely on price.
The job market of 2013 is globally competitive. Computers and satellites make it possible to live on Maui and work in Missouri. Depending on what you do, the world is your oyster, both for customers and employers. But that also means hirers may have access to a lot of talented people who do what you do. You have to be cost-competitive and timely.
The economy may be recovering, but some of the changes wrought by the Great Recession may be long-lasting. Anyone planning for retirement, no matter what their age, needs to take those changes into account, says financial advisor Philip Rousseaux, a member of the esteemed Million Dollar Round Table association?s exclusive Top of the Table forum for the world?s most successful financial services professionals.