No one likes a tyrannical, controlling, and disempowering boss. A heavily top-down approach might have worked in the past but this style of boss management is increasingly ineffective and alienating to employees. In the modern workplace, the best managers have instead embraced a more empowering and collaborative method known as lead management. While most companies […]
Understanding inflation is essential for comprehending the global economy and predicting how changes in inflation are likely to impact economic activity, employment, and asset prices. Inflation, which refers to a general increase in the price of goods and services, results in a reduction in the purchasing power of money over time. Since 2008, the rate […]
This is the second article in a series about the U.S. Federal Reserve. The Fed has significant influence over much of the U.S. economy, which in turn impacts economic growth and government policies worldwide. Thus, Jeremy Powell, current chairman of the Fed, is arguably the most powerful man in the world — in some ways […]
In recent years, the news has been filled with stories about the impending collapses of the banking system. The Federal Reserve (the Fed) influences U.S. interest rates. Since the U.S. dollar is the global reserve currency, this means that the Fed also influences the level of interest rates around the world. As a result, Fed […]
Strategy is arguably one of the most overused words in the English language. Most people that use it have no idea what the word means. Yet, being strategic is one of the highest-valued skills in business. Hundreds of professors have dedicated their lives to studying strategy, and consultants are paid fortunes to develop and implement […]