Innovation, indeed, thrives in recession: In July, government data confirmed that the American economy shrank for the second quarter in a row. Although this didn’t technically confirm a recession, it has raised worries within the business community. A looming recession may stoke anxiety, but business leaders and entrepreneurs should welcome...

Economic indicators are showing signs that the risk of recession is high. While chances are good that it won’t be prolonged, businesses still need to prepare for a deeper economic downturn. Technology can often put a business in a much better position to respond to the changing dynamics in today’s...

As we approach the "season of spending," evaluate your business processes to meet consumer expectations and protect your business from the inevitable supplier issues. The holiday shopping season is the biggest revenue-generating occasion of the year that can simultaneously boost sales revenue and build your brand reputation. If you aren't...

Smart machines and automation will have a significant effect on how we work. Adapting to this new world of work will require us to acknowledge our limitations and understand our unique advantages as human beings. Artificial Intelligence (AI) and Machine Learning (ML) will unseat us from our perch as the...

You must have acquired a bachelor’s degree in Business Administration, a great step toward becoming a supply chain manager and you are wondering what supply chain management courses and skills you need to become an expert. Advanced certifications are necessary but not enough to make you an effective supply chain...

For the handful of travelers that can afford the finer experiences in life, musty old lodging, with outdated amenities and poor service is the last thing they’re looking to encounter when traveling in and around Europe. Modern travelers that are willing to dish out a pretty penny for gourmet living...

Benjamin Franklin said, “The idea of what is true merit should also be often presented to youth, explained and impressed on their minds, as consisting in an inclination joined with an ability to serve mankind, one’s country, friends and family; which ability is with the blessing of God to be...

What lies behind today’s culture wars? Pundits point to factors such as race, immigration, and other hot-button issues. But there’s another problem that underlies the current level of vitriol and mistrust. And the encouraging thing is, we Americans know how to fix it.  To see what we mean, imagine two...

For centuries, leaders around the world have desired to see their offspring follow in their footsteps. Whether monarchs or business executives, they shared a common hope that the next generation would successfully assume the mantle of leadership. In a monarchy, an objective assessment of an heir’s competence would be considered...