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Infographic: How to become an entrepreneur

Brian Wallace Business Management, Services & Risk Management

If you go back a few generations in time, entrepreneurs were not all about the glitz and glamor of today. It was actually a looked down upon profession. So, what’s changed in the world? Entrepreneurship only works properly with a contract with society to succeed.

6 high-paying logistics and supply chain jobs to watch

Gail Short Distribution & Warehousing

According to Digital Commerce 360, Americans spent more than $861 billion with online retailers in 2020, the highest annual e-commerce growth in the United States in at least 20 years. With the explosion of e-commerce, the need for logistics and supply chain professionals has expanded as well. In fact, the recent LinkedIn Jobs on the Rise report listed several occupations on the frontlines of e-commerce among the 15 fastest-growing jobs. The industries in this sector include logistics services, warehouse operations and transportation. The following are just some of the highest paid jobs in the sector today.

CES 2021 highlights the federal force behind a new era in technology

Lark Gould Civil & Government

Managing an upward trajectory and positive environment that fosters the strength of U.S. technology companies is a topic that played large at CES this year. The world’s largest consumer technology exchange ended last week after it successfully executed the entire event online for the first time in its history. To offer an incoming U.S. government perspective on the current state of tech was CES CEO Gary Shapiro, who sat down with Brian Deese, President-elect Biden's pick to direct the National Economic Council (NEC), for a discussion of what may be ahead in leadership.

Good news in your job search: Harry, Larry, and the bear

Hank Boyer Business Management, Services & Risk Management

What is North America’s No. 1 domestic issue of most concern to the average person? Politics? Coronavirus? Who will win Super Bowl LV? Nope! The thing that concerns most people is still jobs. Whether you are 18 or 80, you’ve likely never seen it more difficult to find a great job in your field of interest in your lifetime. Lockdowns in various regions of the country, overseas competition, and rapidly changing methods employers use to fill jobs have all made it difficult for good people to find good jobs.

Survey: Firms fight to operate during COVID-19

Seth Sandronsky Business Management, Services & Risk Management

The breadth and depth of the pandemic’s effects on private businesses has surfaced in new government data collected from July 20 through Sept. 30, 2020. In these numbers, the U.S. Bureau of Labor Statistics conveys how businesses big and small operated. Spoiler alert: the BLS data on employment, wages, job openings and terminations, employer-provided benefits, and safety and health paints a tough picture of firms fighting to stay afloat. Nationally, 52% of surveyed businesses, or 4.4 million, told their workers to avoid work (paid or not) for some time.

Price adjustment clauses optimization

Martin Hinterwimmer and Pablo Scaffidi Business Management, Services & Risk Management

The aim of this article is to extrapolate the concepts related to portfolio management for the optimization of price adjustment clauses in service and material supply contracts. Given that the Argentine Republic is recurrently affected by inflation, private service contracts and material supply contracts in the oil and gas industry normally include price adjustment clauses, which allow the parties to keep prices at a reasonable level for the term of the contract.

Optimizing your business’ ability to pivot

Indiana Lee Business Management, Services & Risk Management

2020 has been a challenging year for everyone, businesses and individuals alike. What makes it so unusual is that the impact has been universal. Every nation around the world has been impacted by COVID-19 and the economic uncertainty that followed. What has become clear is that companies need to be more agile and flexible than ever. You never know what challenges will come, and a business’s ability to pivot can mean the difference between success and failure. How do you optimize your company’s ability to stay competitive in challenging situations? Here are some tips you can use.

Changing suppliers: When it’s time to cut the ties

Anne Rose Business Management, Services & Risk Management

After some time in business, you’ve likely developed strong relationships with a certain set of suppliers. You know what they can do for you and when, you know their policies and procedures, and you’re comfortable that your goals and values are congruent. All well and good, but unless you periodically analyze the status of your relationships, it’s too easy to fall into complacency and make assumptions that are no longer valid. Then you risk misplaced loyalty. So, here are signs that it is time to critically assess your loyalty to long-standing suppliers, perhaps cut those ties, and look afield for new suppliers.

US payrolls add 638,000 jobs; unemployment rate drops to 6.9%

Seth Sandronsky Business Management, Services & Risk Management

U.S. employers added 638,000 nonfarm jobs in October, according to the federal Bureau of Labor Statistics. October’s rate of unemployment fell to 6.9% from September’s 7.9% and August’s 8.4%. The gradual employment improvement is a result of eased COVID-19 restrictions on social movement and resuming of commerce, though the pandemic remains uncontained and prospects for a vaccine available to the public are unclear. "The number of unemployed persons fell by 1.5 million to 11.1 million," according to the BLS. "Both measures have declined for 6 consecutive months but are nearly twice their February levels."

Why micro-fulfillment centers are the future of online grocery shopping

Gail Short Distribution & Warehousing

As many Americans seek to avoid crowded stores to protect themselves from COVID-19, more and more of them are shopping for groceries online. But even before the pandemic, a 2017 report by the Food Marketing Institute (FMI) and the Nielsen Company predicted the trend. It says, "Initial findings from this study show that within the next decade, online food shopping will reach maturation in the U.S., far faster than other industries that have come online before. … The research estimates that in the current climate of technology adoption and evolution, consumer spend on online grocery shopping could reach $100 billion."

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