I’ve been hanging out with a lot of colleagues lately, at board director conferences, economist webinars, and other places where current and former C-suite executives convene. All are trying to figure out the conundrum of rising inflation and increasing recession risk within a historically tight labor market. They’ve never seen it before. Unfortunately, they aren’t…
The emergence of the Chief Growth Officer (CGO) role was a way to “eliminate organizational silos and create a unified longer-term growth plan.” But since talent is the biggest growth obstacle for today’s companies, it has me wondering…
Job growth in July was significant, adding 528K+ jobs. More than double analyst expectations, this growth also signaled a return to pre-pandemic levels of employment. This is great news, right?
The law of demand says that at higher prices, buyers will demand less of an economic good – think gas, eating out, shopping, etc. It doesn’t apply when we’re talking about labor.
For our inaugural insight, I’ll start with the labor market and frame what we’ve known for decades and how it’s heavily impacting what we’re experiencing today. No company should have been flat footed on these realities. Let’s start from a supply chain standpoint. Once a misunderstood term and an ignored concept in the human capital…
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