Consumers are feeling better about current conditions and prospects for the future, but the improvement is gradual and subject to short-term swings. Business leaders reading the papers or watching TV might think that "consumers are tapped out." Neither the
Read about it on my Forbes.com page: Pricing Technology Breakthroughs: The Glock Lesson.
I was reading the Declaration of Independents, a really fun read, and they mentioned the autobiography of Benjamin Franklin. I had not read it, but thought maybe I should be familar with it, so I went to the computer and
Will Durant sums it up well: "The economic causes of Rome's decline have already been stated as prerequisite to the understanding of Diocletioan's reforms; they need only a reminding summary here. The precarious dependence upon provincial grains, the collapse of
Seth Godin has a stunningly useful commentary on books, libraries and librarians. "The librarian isn't a clerk who happens to work at a library. A librarian is a data hound, a guide, a sherpa and a teacher. The
Every business leader should understand the role that cities play in economic–and corporate–growth. A good way to get that understanding is Ed Glaeser's new book, The Triumph of Cities. Glaeser makes the critical point that cities are where people
Here’s a video of me discussing the best book on economics and management.
Very few of us do a good job setting prices. I have seen several companies, large and small, set prices, and it's not nearly as rational and analytic as it should be. And when it is rational and analytic, the
The Christmas tree included a great book that got me thinking about the economics of pricing. No, my family did not bless me with an economics text. However, my son Peter gave me a delightful book, The Man Who Loved
The lessons of Eliyahu Goldratt's The Goal are broader than manufacturing management, but that's the context for the lessons. The book is fairly old, first published in 1984, and I'm not sure how I missed it. It's a very