Anders Corr shares an article published in the Epoch Times that sounds the alarm bell on the escalating debt owed to China. One of the many threats to America from China runs through Sri Lanka. In that South Asian country, there are ongoing food riots. Sri Lanka owes so much to Beijing that it had to surrender one of its ports, plus 15,000 acres, for 99 years. Beijing doubtless seeks to turn the port, about 250 miles from its arch-rival…

  Tobias Baer shares an article that questions the current, popular credit strategy of instant gratification with delayed payments.  Buy-Now-Pay-Later (BNPL) is hot – and that makes it increasingly controversial, as it was made clear by Monday’s article in the Financial Times. Retailers love it as a way to increase sales, FinTechs as a way to build new, appealing lending propositions. But from a consumer’s perspective, is it good or evil? The question whether BNPL is good or evil obviously…

  As both people and businesses begin to feel the economic impacts of the Coronavirus, Tobias Baer provides clear steps that can help your business deal with delinquent accounts. Many of my clients so far have experienced less delinquencies on consumer debt than I had feared. Unfortunately I don’t think that I can claim that this is only because I’ve helped them draw up extraordinarily effective credit policies and scoring systems – instead, this time around delinquencies themselves might be…

  Andrew Hone’s company blog explains why cost reduction programs often fail.  Although cost reduction programs can deliver a powerful mix of financial, strategic, and organisational benefits, the failure rates of these types of programs are very high. A recent survey of C-Suite executives, for example, found that while 90% of businesses had attempted to implement a cost reduction program, 75% failed to meet their targets, and 44% missed them by more than half. Drawing on some of the key…

  Amanda Setili shares a post that identifies a few ways we can take positive action during the current crisis. Billions of us worldwide are altering our behaviors during the covid 19 crisis, so that as many people as possible remain safe. When faced with a tough situation—even something big, like the coronavirus situation—I always ask: how can we mitigate the downside, and create some good? We are living in strange times, and things are changing every day. Schools are…

In this TEDX talk at Columbia University, Kaihan Krippendorff discusses employee innovation within the model of disruption, and how it helps activate lean, agile innovation and growth in your organization.    “Employees are the number one source of innovative growth options and the only remaining source of true competitive advantage. Arming them with the skills and tools necessary to innovate on a continual basis is of paramount importance to organizational survival.”   Points covered in the talk include: -The path…

Three key points in ninety seconds from Amanda Setili on how to avoid strategy execution melt down.Strategy execution is where everything goes haywire.   We can always come up with a good strategy, a good plan for what we want to do, but when the rubber meets the road and you’re actually implementing, that’s where you find out all the things that you maybe didn’t plan for. Frankly, it’s impossible to anticipate everything. One of the keys to effective strategy…

Kaihan Krippendorff provides three signposts that can direct your organization towards a successful pivot.   If people try to tell you that pivoting is the new thing, that it’s the fresh Silicon Valley approach to business designed for today’s fast-paced digital world, don’t believe them. Consider Fairfield University, a private school founded just outside of New York in Fairfield, Connecticut, by the Catholic Church – a 2,000-year-old organization. In 1941, the society that runs the Jesuit school system had acquired two…