Over-engineering Insight Programs, The 4 Day Work Week, Living Wages During a Recession, Supply Chain Problems are Here Long Term, The Circular Economy Meets Marketplaces, The Past and the James Webb Space Telescope
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In this session we discuss: *Over-engineering Insight Programs Companies are investing more money, time and effort than ever in trying to generate insights into customer buying behavior and market dynamics. In the process, they are creating vocabulary, definitions and tools that are having the opposite effect; causing companies to miss insights that they could leverage. Here’s how to avoid over-complicating your insights program. *The 4 Day Work Week - Is it Possible? Other countries have proven that a 4 Day can definitely be successful. *Delivering on a Living Wage During a Recession Many organizations around the world have committed to providing a living wage. How will they navigate this and their other ESG commitments when their bottom lines are under pressure like they haven’t seen for many years? *Does your mayo need a mission statement? Can a condiment change the world? What does it mean to have a purpose driven organization? *Why Supply Chain Problems are Not Going Away Soon Jim Farley, CEO at Ford said in a recently in an AOL interview, “It feels like supply chain whac-a-mole!” He of course was referring to the never-ending sequential crises hitting supply chains across the globe. Pandemic, inflation, currency volatility, logistic imbalances, talent shortages, restrictive tariffs, energy shortages, hurricanes and other natural disasters are forcing supply chain managers to rethink their strategies almost daily. Such replanning requires both a resilient culture and a resiliency tools to support daily replanning efforts. The big problem is that if your company is not a true resilient enterprise, it may be too late. Let’s talk about strategies if your business falls into this last conundrum. *The circular economy meets marketplaces When we think of marketplaces we typically think of large diverse marketplaces like Amazon selling new goods. However, there is a lot of movement regarding secondhand marketplaces. For example, this month Goodwill launched an online shopping site, that will sell all sorts of secondhand goods including fashion labels like Guchi and Prada. There has also been growing M&A activity. Naver, the South Korean tech platform, will acquire fashion marketplace Poshmark for $1.2B. The move follows Etsy's acquisition of the fashion resale platform and Poshmark competitor Depop for $1.62 billion last year. If we are, in fact, heading into a recession then these marketplaces may do quite well as consumers become more frugal. But it may also speak to a deeper trend which is two more effective reuse or what some call the circular economy. A circular economy keeps materials, products, and services in circulation for as long as possible as the need for more sustainable modes of production becomes more pressing. Marketplaces are great ways to realize the circular economy by matching the supply of reused items with needs. *Reflecting on the past with the James Webb Space Telescope Looking backward is crucial to helping us move forward. How the James Webb Space Telescope (JWST) will radically transform our understanding of the universe and how it has already shown us why we continue to dare to do big things Add all monthly events to your calendar in one click! https://rokt.it/3hdjHCV Hosted by Tim Boyd Produced by Tracylynne Williams
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