Labour pool in employment
Have you ever wondered why did we start naming generations? What's happening to our life span? Retirement? The Aging Work Force? And how are we adapting to the new demographic of our world population that aging and the decline of birth rates? To discuss all of this and more I'm excited to interview my friend Bradley Sureman whose new book “The Super Age: Decoding our Demographic Destiny” has hit bookstores January 18th.
The Christian Outlook – January 15, 2022 Georgene Rice and Zack Smith, of the Heritage Foundation, talk about Democrat efforts to federalize election rules, taking that right away from individual states and Dr. Albert Mohler explains how this looks like some sort of Hail Marry pass or move of desperation. Don Kroah talks with Mat Staver, of Liberty Counsel, about OSHA, the Occupational Safety and Health Administration, is trying to force private employers to vaccinate their employees and Kevin McCullough turns to Charmaine Yoest, of the Heritage Foundation, asking if the president has this much power. John Hall and Kathy Emmons talk with author Stephen Mansfield about record numbers of workers quitting their jobs in what some call The Great Resignation. Don Kroah turns to Hedia Mirahmadi to talk about religious freedom and some of the disturbing trends here at home and across the world. Bob Burney talks about the tests and trials many of us have faced in the past two years including, but certainly not limited to the pandemic. See omnystudio.com/listener for privacy information.
If you want your employee to remain loyal and generate results that go above and beyond, don't miss this episode! Nina Ferraro reveals the secrets to assist your real estate business in building successful individual careers while reaching meaningful lifestyles. Key takeaways to listen for 07:54 How to create a system that increases work productivity 13:20 4 steps to increase workforce productivity 16:56 The importance of effective communication in the workplace 18:38 Why your team is not productive? 22:18 What happens when your people are dissatisfied with your company? About Nina Ferraro Nina helps individuals, teams, and companies operate at peak levels. Nina excels at helping people develop their short- and long-term vision - “Boldly Blueprint”, creates a detailed plan of action-” Boldly Building Blocks”, and then methodically coaches them to put that plan into productive action by the very next day- “Boldly Go Productivity Methodology”. She created a Boldly Go Productivity Methodology that teaches someone how to produce at their highest level, work at the right times for their brain and body, reduce stress and anxiety, without neglecting their overall well-being. Understanding this methodology and being disciplined to live it out in one's life or the workplace will bring any person, team, or company to the next level. Connect with Nina Website: Boldly + Co. Connect with Us Want to learn more about real estate investing? Visit Integrity Holdings Group to sign up for our 7 Day Passive Real Estate Investing Course (it's free)!
This week's podcast guest is Thimon De Jong, a social psychologist specialising in the future of human behaviour and the Founder at Whetston. Throughout this episode Thimon and I talk a lot about the psychological impacts of the pandemic on the workforce and discuss the following topics:How organisations and employees confront change during a crisis and taking an experimental approach to hybrid workThimon's interesting perspective on why asking employees what they want during the crisis itself, might not be the best approachThe reality of COVID being a digital decelerator despite the speed at which companies have gone virtualThe Gen Z workforce and how allowing younger workers to shape the workplace might be more effective than trying to mould the individuals themselves, to meet the expectations of the existing environmentSupport for this podcast comes from Medallia. You can learn more by visiting https://www.medallia.com/employee-experience/. See acast.com/privacy for privacy and opt-out information.
Lori Louis is the Sr. Director, Experiential Space Design & Concepting at JLL. And Lori has built and runs a highly effective and efficient design team that is entirely remote.So… in this conversation, Lori is going to help us crack the code. How can we bring our remote or hybrid design game to a new level? She also challenges the processes of today's commercial design, procurement, and construction. We talk about iterative design, we talk about research, we talk about well-being in the workplace. So much good stuff in this conversation.Click here to get your FREE copy of the Imagine a Place journal: Connect with Doug: On Instagram: @Douglas_ShapiroOn LinkedIn: https://www.linkedin.com/in/doshapiro/ By Email: firstname.lastname@example.orgEmail Imagine a Place: email@example.com
Indian women are lonely in the bedroom, lonely in the kitchen, lonely in the workplace. Shrayana Bhattacharya joins Amit Varma in episode 259 of The Seen and the Unseen to discuss the interior and exterior lives of these unseen millions. Also check out 1. Desperately Seeking Shah Rukh: India's Lonely Young Women and the Search for Intimacy and Independence -- Shrayana Bhattacharya. 2. Select Shah Rukh Khan films: Baazigar, DDLJ, Dil Tho Pagal Hai, Kal Ho Naa Ho, Dilwale, Mohabbatein. 3. Shar Rukh Khan interviews selected by Shrayana: 1, 2, 3, 4. 4. The Power to Choose -- Naila Kabeer. 5. Naila Kabeer on Amazon. 6. Counting for Nothing: What Men Value and What Women are Worth -- Marilyn Waring. 7. The Odd Woman and the City -- Vivian Gornick. 8. Vivian Gornick on Amazon. 9. Future Sex -- Emily Witt. 10. Kamala Das's autobiography, poems and stories. 11. Deborah Levy and Bell Hooks on Amazon. 12. Poor Economics -- Abhijit Banerjee and Esther Duflo. 13. Exit, Voice, and Loyalty -- Albert O Hirschman. 14. The Art of Loving -- Erich Fromm. 15. The Penguin Complete Novels of Nancy Mitford. 16. Selected Satire: Fifty Years of Ignorance -- Shrilal Shukla. 17. Most of Amit Varma's writing on DeMon, collected in one Twitter thread. 18. Dani Rodrik's tweet thread about the 'jerk quotient' in economics. 19. The Hidden Taxes on Women -- Sendhil Mullainathan. 20. "Academia is a giant circlejerk" -- Amit Varma's tweet. 21. Episodes of The Seen and the Unseen with Ajay Shah (in reverse chronological order): 1, 2, 3, 4, 5, 6, 7. 22. The Universe of Chuck Gopal -- Episode 258 of The Seen and the Unseen. 23. Miss Excel on Instagram and TikTok. 24. Bahujan Economics. 25. Raghuram Rajan at the Harvard Kennedy School in 2018. (Minute 5 onwards.) 26. In Service of the Republic -- Vijay Kelkar and Ajay Shah. 27. Superforecasting -- Philip Tetlock and Dan Gardner. 28. Listen, The Internet Has SPACE -- Amit Varma. 29. Raees: An Empty Shell of a Gangster Film -- Amit Varma. 30. The Baptist, the Bootlegger and the Dead Man Walking -- Amit Varma. 31. Bootleggers and Baptists-The Education of a Regulatory Economist -- Bruce Yandle. 32. Episodes of The Seen and the Unseen with Jai Arjun Singh and Uday Bhatia. 33. The Life and Times of Abhinandan Sekhri -- Episode 254 of The Seen and the Unseen. 34. Films, Feminism, Paromita -- Episode 155 of The Seen and the Unseen (w Paromita Vohra). 35. Modi's Lost Opportunity -- Episode 119 of The Seen and the Unseen (w Salman Soz). 36. Women at Work -- Episode 132 of The Seen and the Unseen (w Namita Bhandare). 37. What explains the decline in female labour force participation in India? -- Urmila Chatterjee, Rinku Murgai and Martin Rama. 38. Why Are Fewer Married Women Joining the Work Force in India? -- Farzana Afridi, Taryn Dinkelman and Kanika Mahajan. 39. India Moving — Chinmay Tumbe. 40. India = Migration -- Episode 128 of The Seen and the Unseen (w Chinmay Tumbe). 41. House of Secrets: The Burari Deaths. 42. The Right to Sex -- Amia Srinivasan. 43. 'Let Me Interrupt Your Expertise With My Confidence' -- New Yorker cartoon by Jason Adam Katzenstein. 44. Katty Kay and Claire Shipman -- Katty Kay and Claire Shipman. 45. The Ugliness of the Indian Male -- Mukul Kesavan. 46. The Blank Noise Project by Jasmeen Patheja. 47. Why Loiter? -- Shilpa Phadke. 48. The Jackson Katz quote on passive sentence constructions. 49. The Kavita Krishnan Files -- Episode 228 of The Seen and the Unseen. 50. Metrics of Empowerment — Episode 88 of The Seen and the Unseen (w Devika Kher, Nidhi Gupta and Hamsini Hariharan). 51. Jane Austen and Pico Iyer on Amazon. This episode is sponsored by CTQ Compounds. Check out The Daily Reader and FutureStack. Use the code UNSEEN for Rs 2500 off. Check out Amit's online courses, The Art of Clear Writing and The Art of Podcasting. And subscribe to The India Uncut Newsletter. It's free!
Welcome to the first-ever episode of the Real Estate Milestones Podcast! In this episode, Ben Malech brings on special guest Anthony Scandariato, Founder of Red Knight Properties and Host of Discovering Multifamily Podcast, to discuss his journey to becoming a full-time real estate entrepreneur. In this episode you will learn about: - How Anthony got his start in Multifamily Real Estate and Workforce housing. - How to scale a real estate investment business using the Syndication Model.- How to apply the BRRRR Model to apartment investing. - An expert opinion on how interest rate changes might affect a real estate investment. - What superpower Anthony wants to have.- And much more!If you want to learn more about Anthony or connect with him, you can find him using any of the links below:LinkedIn: https://www.linkedin.com/in/anthonymscandariato/Red Knight Properties Website: https://redknightproperties.com/Discovering Multifamily Podcast: https://www.youtube.com/channel/UChvn3ruK6_OAY0RG5Y8LgIQThank you for Listening! I look forward to seeing you next week for an interview with expert networker, Mike Strug!Connect with Ben!LinkedIn: https://www.linkedin.com/in/benjamin-malech/Email: Benmalech@carswell.ioMusic Credits: Sweeter Vermouth Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/b...SHOW LESSSupport the show (https://www.patreon.com/dreamchasers_ix)
Michael offers a commentary as more of America's youth are transitioning from school to the workforce, without ever knowing what an actual work place looks like, and, more and more are leaving their jobs, due to the pandemic. Original air date 5 January 2022.
We're currently taking a break for holidays and will be back with new episodes starting on January 12, 2022. This episode was originally posted on April 14, 2021. With everyone, both employees and employers, getting a taste of over the last year the move to remote work is accelerating. More employees are asking for it and some employers have started talking about remote work being a permanent part of the way the company does business. What should small, rural do to attract remote workers? What are cities doing to support remote work? On this week's episode of the 33 Tangents Podcast, Jason and Jim discuss the ever changing dynamic of the remote work movement and the momentum it's gaining. WHERE TO LISTEN The 33 Tangents video simulcast is now available on YouTube Subscribe on Apple Podcasts Subscribe on Google Podcasts Listen on TuneIn Listen on Amazon Music WHERE TO FIND US Website: www.33sticks.com Email: Podcast@33sticks.com Twitter: https://twitter.com/33Sticks Facebook: https://www.facebook.com/33sticks/
Should you chase your PASSION or should you SOLVE a PROBLEM? Fill a NEED? Are you ready for the REAL DIRT with one of the SMARTEST and MOST PRACTICAL thinkers today about work in America? MIKE ROWE has been slogging it out in trenches, coal mines, sewers, and garbage dumps for a long time now as the host of DIRTY JOBS. There's a RUGGED, DOWN-TO-EARTH and TRUSTWORTHY quality about Mike. Coupled with the fact he can take any dirty job, tell a great story, add some humor, and hook you from the start, makes him one of the more unusual and compelling people in television for the past several years. A self-described chronic freelancer, Mike has worked in more than 350 JOBS on his hit show. But he's also an in-demand Fortune 500 speaker, podcaster, executive producer, and author as well as a vocal advocate and CEO of the mikeroweWORKS Foundation that debunks myths and promotes the value of skilled trades in the workforce. Mike's got some CAPTIVATING STORIES and SAGE ADVICE about THE NATURE OF WORK you're going to want to hear. Mike redefines why and how PASSION should be a part of what you do but probably not in a way you've thought of before. He has a great take on the value of HARD WORK and MASTERING SKILLS that leads you to a path to success, whether you work with your HANDS, your HEAD, or some combination of both. There's also a big disconnect going on right now about the nature of EDUCATION and matching it up with meaningful work. Mike talks a lot about changing how we should REFRAME our thinking about both areas, and why we should always approach our work with a sense of HUMILITY AND CURIOSITY. You, your children, and pretty much everyone you know are going to spend the better part of your lives working. Doesn't it make sense that you should give a lot of THOUGHT about what it's going to take to be HAPPY and SUCCESSFUL in whatever you choose to do? This week's show with Mike Rowe will start that important conversation you need to have with yourself. This one is really gonna get you thinking!
Jan. 3, 2022 -A skilled workforce is going to be an important part of the state's economic recovery from the pandemic, so we're highlighting the youth adult opportunity initiative from the New Settlement organization in the Bronx, which works to give young people the social, emotional and vocational skills they need to find a career. Javiel Vega, the group's workforce development director, explains the training they provide for the future and why it's a worth state investment.
In this "Best of 2021" HCI Podcast episode, Dr. Jonathan H. Westover (https://www.linkedin.com/in/jonathanhwestover/) talks with Sarah Olin about supporting women to stay in the workforce and ‘Trickle Down Mom-onomics' (Originally Aired October 25th, 2021). See the video here: https://youtu.be/qRSW5tIaUmQ. Sarah Olin, PCC, (https://www.linkedin.com/company/69675499/admin/) is the founder and CEO of LUMO, whose mission is to support expectant mothers through pregnancy, maternity leave, and their return to work. Professionally trained by world-renowned leaders like Dr. Brene Brown and Mark Hunter, MCC, Sarah has over 10,000 hours of coaching and facilitation experience, is credentialed by the International Coach Federation (ICF) and certified by Accomplishment Coaching. Sarah's professional competence and dedication to her craft has opened doors for her to coach women leaders at the United Nations, Verizon, the National Basketball Association (NBA), Google, Duke Energy, Calvin Klein, Bloomberg, and to participate as a key speaker at Amazon's first ever International Working Moms Day. Regardless of the stage or space, Sarah pours love and humor into her work helping women be happy and fully expressed, as well as living their lives on purpose. Check out Dr. Westover's new book, 'Bluer than Indigo' Leadership, here: https://www.innovativehumancapital.com/bluerthanindigo. Check out Dr. Westover's book, The Alchemy of Truly Remarkable Leadership, here: https://www.innovativehumancapital.com/leadershipalchemy. Check out the latest issue of the Human Capital Leadership magazine, here: https://www.innovativehumancapital.com/hci-magazine. Ranked #6 Performance Management Podcast: https://blog.feedspot.com/performance_management_podcasts/ Ranked #6 Workplace Podcast: https://blog.feedspot.com/workplace_podcasts/ Ranked #7 HR Podcast: https://blog.feedspot.com/hr_podcasts/ Ranked #12 Talent Management Podcast: https://blog.feedspot.com/talent_management_podcasts/ Ranked in the Top 20 Personal Development and Self-Improvement Podcasts: https://blog.feedspot.com/personal_development_podcasts/ Ranked in the Top 30 Leadership Podcasts: https://blog.feedspot.com/leadership_podcasts/ --- Support this podcast: https://anchor.fm/hcipodcast/support
On this week's show, excerpts from some of the Network shows that focused on AFL-CIO president Richard Trumka, who died on August 5. In a year when we lost so many, it's still hard to believe that Rich – who walked so many picket lines, who thundered forth at so many rallies -- is really no longer with us. So it was a special honor to listen through the labor radio shows and podcasts that paid tribute to Rich Trumka, to hear the old stories and some new ones, and to hear his voice once again. We begin with the AFL-CIO's own podcast, State of the Unions, which talked with a characteristically optimistic Trumka in 2018, followed by a 2020 Labor Day interview on America's Work Force Radio. Then labor historian Joe McCartin, who been invited onto the August 5 Your Rights At Work show to discuss the 40th anniversary of the PATCO strike, reacts to Trumka's death that morning. We go back to the State of the Unions podcast and America's Work Force Radio for thoughts on Trumka's life and legacy from Secretary of Labor Marty Walsh and The Nation's John Nichols. Then it's out to the Northwest for reactions on the ground on the Working to Live in Southwest Washington podcast, and on Labor Express Radio, labor educator Steven Ashby casts a critical eye on Trumka's legacy. Finally, we wrap up with the Labor History Today podcast, where Rich Trumka – who rose to national prominence when he led the 1988 Pittston strike – recounts how the mine workers won that historic strike. Highlights from labor radio and podcast shows around the country, part of the national Labor Radio Podcast Network of shows focusing on working people's issues and concerns. #LaborRadioPod @AFLCIO @AWFUnionPodcast @DCLabor @SWWACLC @WLUW @DCLabor Edited and produced by Chris Garlock; social media guru Harold Phillips.
How to become Poised for Exit in 2022: Advice from a CPAWe welcomed back Kyla Hansen today as our featured guest to talk about planning for 2022! So much to consider in that loaded topic, but we focused on budgets, projections and what to do with excess cash from PPP funds. Kyla recommended investing in your business in several ways:* Technology: how can you become more efficient and productive?* Workforce: what are the ways you can attract the best and brightest?* Culture development: consider asking your staff what they'd like to see in the future* Consider automation through Artificial Intelligence when examining new technology optionsIf you are getting ready to sell or transition from your business, Kyla recommends making sure your financial house is in order. In other words, have an outside firm like JA Knutson conduct a financial Compilation, Review or Audit. Doing this lends credibility to your numbers and is worth the expense. Many times you uncover things that you weren't aware of or hadn't considered in this process that could improve the way your numbers shake out. Kyla's advice for our business owner audience was to create a budget for 2022 and a forecast over the next 3-5 years. Many owners are leery of compiling the latter, but when it aligns with the company goals, it's a foundational tool to achieving the ends you've outlined. Listen to the full episode here for more advice from Kyla Hansen at JA Knutson CPA's.Find Kyla here and find Julie here.Thank you to this month's sponsors! JAK CPA's and Sunbelt Business Advisors
Prioritizing employee retention and engagement is critically important for an organization's bottom line. "When a physician leaves, it typically costs 2 to 3 times their salary to replace them," said Dr. Thomas Jenike, Novant Health senior vice president and chief well-being officer. He explains the keys to success in this episode of Industry Insights.
Shawn Corzine, Founder & CEO at SilverPoint Senior Living, discusses the importance of operator collaboration and how being intentional directly influences purpose in the senior living industry.Apply to become a BTG Ambassador here.Powered by supporting partners OneDay, Enquire, LTC REIT, Solinity, and The Bridge Group ConstructionYouTube Instagram Facebook Twitter LinkedIn Lucas McCurdy, @SeniorLivingFan Owner, The Bridge Group Construction; Senior Living Construction Renovation - CapEx - Reposition Joshua Crisp, Founder Solinity; Senior Living Consultation - Management - Development - Marketing
On this week's show, hosts Michael Cathcart and Elliott Gilliland discuss the tragic workplace disasters that took place when tornadoes destroyed an Amazon warehouse in Illinois and a non-union candle factory in Kentucky on Labor Radio on KBOO. Work Week Radio interviews New Orleans ATU 1560 president Valerie Jefferson who was fired after standing up for her members during the hurricanes and dangerous conditions for their members. On America's Workforce Radio, Ohio Federation of Teachers President Melissa Cropper discusses the difficulties faced by teachers attempting to unionize at Menlo Park in northeast Ohio and some of the successes of neighborhood programming in Cincinnati schools. Then, on For a Better World, Shefali Sharma of the Institute for Agriculture and Trade Policy discusses the role of Big Dairy in fueling the climate crisis and hollowing out rural communities. Plus, How the bosses stole Christmas, on Union City Radio; the San Francisco Mime Troupe's “A Red Carol” on Your Rights At Work and, on Labor History Today, Striketober and The Great Resignation: Take this job and shove it! Highlights from labor radio and podcast shows around the country, part of the national Labor Radio Podcast Network of shows focusing on working people's issues and concerns. #LaborRadioPod @empathymedialab @duesunion @SolidarityCntr @AFLCIO @labormedianow @AWFUnionPodcast @fairworldprj @DCLabor Edited by Mel Smith and Chris Garlock; produced by Chris Garlock; social media guru Harold Phillips.
All Local for 2pm, 12/24/2021 See omnystudio.com/listener for privacy information.
Future of Work Sherpa Dan Smolen reflects on the Holiday Season and one tired, burned out workforce. Merry Christmas to all who celebrate! Have you arrived at the holiday rested or refreshed? Or are you a burned out mess? According to a recent post on FortuneDaily: "The physical and emotional exhaustion that turns into workplace burnout doesn't happen overnight. It's the result of hundreds of microstressors on the job that ultimately lead to employees hitting the wall, mentally checking out, or even quitting their jobs entirely." As the Great Resignation extends, millions of people each month do leave their jobs, often with no new ones to replace them. Thus, one tired, burned out workforce reels. On the podcast this week, we reflect on a recent tweet authored by organizational psychologist and best-selling author Adam Grant: "The holidays shouldn't be a time to recharge. They should be a time to celebrate. If work is exhausting people to the point that they're using their time off to recover, then you might have a burnout culture." My commentary on our one tired, burned out workforce starts at 3:00 EPISODE DATE: December 24, 2021 Please Subscribe to The Dan Smolen Podcast on: – Apple Podcast – Android – Google Podcasts – Pandora – Spotify – Stitcher – TuneIn …or wherever you get your podcasts. You may also click HERE to receive our podcast episodes by email. Image credits: Artificial Intelligence, MangoStar_Studio for iStock Photo; podcast button, J. Brandt Studio for The Dan Smolen Experience.
With an avalanche of funding entering the broadband industry in the next few years, building a properly trained workforce that will be able to install fiber throughout the US will be mission critical. The Fiber Broadband Association has partnered with Greenlight Community Broadband to create a certification course to train future Fiber Optical Technicians. Join us as we chat about this important pilot program with Deborah Kish of the Fiber Broadband Association, Gene Scott of Greenlight Community Broadband and Mark Boxer of OFS. Click now to listen. Also be sure to subscribe to the Broadband Bunch on your favorite podcast platform so you never miss an episode.
The Victorian government is launching a multi-million dollar strategy in the hopes of getting more people to consider careers in mental health. The initiative is designed to bring hundreds more mental health professionals into the overwhelmed sector from next year. - Правительство Виктории разработало многомиллионную стратегию в надежде побудить больше людей задуматься о карьере в области психического здоровья. Инициатива призвана привлечь сотни специалистов в перегруженный сектор в следующем году.
Jennifer Byrne is the CEO of Arrived Workforce Connections. Previously Jennifer was responsible for market expansion initiatives leveraging business model and technology innovation for government, healthcare, and education providers around the globe at Microsoft after joining as the Chief Security Officer for the Worldwide Public Sector Division in 2014. Prior to Microsoft, Jennifer was a leader in Cybersecurity, having held technical, sales and executive positions at companies such as Intel, McAfee and Symantec. She began her career in technology as an Information Security Analyst and Engineer serving US Government clients. Her first career, which remains her passion today, was in the non-profit world working with under-served populations. We discuss how to use tech innovation for optimizing the human experience, the importance of tech access to underserved communities, and how we can all do something small every day to make a difference. Thank you and congratulations to Jennifer on her new role as CEO! This episode is brought to you by Veeam Software and the 4-Step Guide to Delivering Extraordinary Software Demos that Win Deals and Diabolical Coffee plus the great folks over at Fiverr! Want to ensure real privacy online? Check out ExpressVPN and keep your online life protected.
We chatted with Anne Katz, Executive Director of Arts Wisconsin, we talked about the organization and delved into some of its programming, including Make Music Wisconsin, and the We're All In Creative Workforce Program. We also chat about community involvement, how Covid affected the arts, and what's next for the organization. https://www.artswisconsin.orgYou can find more conversations, food reviews, live music and events on our website https://lacrosselocal.com.
EP283 - Year End Review It's our final show of 2021! We recap the US Dept of Commerce November Advanced Retail Sales Data. We do a deep dive into the retail industries growth from 2019 through November 2021. In those 23 months, the retail industry grew 22%, historically fast growth. There were clear winners and losers. If you want to follow along on with all the data, here is a visual recap of retail growth 2020-2021. (PDF Download). We also highlight the six most important trends of 2021. Amazon fulfillment capacity growth (Amazon and Walmart become shipping companies) Social Media becomes the discovery channel for e-commerce (led by live-streaming) Ultrafast delivery services Amazon invents and starts to scale a grocery store (Amazon Fresh) with just walk out technology Retail Media Networks explode, led by Amazon's $30B in ad sales. Retailers now compete with social media networks for eyeballs Apparel has shifted from designer led to consumer led, as evidenced by the meteoric rise of Shein We're so very grateful to our audience, both for the time you have shared with us, and for generous opinions, feedback, and knowledge that many of you have shared. We wish you all the very best holidays and New Years, and look forward to seeing you in 2022! Episode 283 of the Jason & Scot show was recorded on Tuesday, December 21st, 2021 http://jasonandscot.com Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing. Transcript Jason: [0:23] Welcome to the Jason and Scot show this is episode 283 being recorded on Tuesday sept December twenty first twenty Twenty-One I'm your host Jason retailgeek Goldberg and as usual I'm here with your co-host Scot Wingo. Scot: [0:39] Hey Jason and welcome back Jason Scott show listeners Jason how are the holidays treating you so far. Jason: [0:46] They are treating me really well it's been super interesting what's going on in our industry and getting ready to take the family to California to see my mom and brother. Scot: [0:59] Very fun California versus Chicago seems like a smart smart choice this time. Jason: [1:04] Yes early and my relationship with my wife we agreed that we would visit her Michigan in-laws and Thanksgiving and my California relatives in December seems weather prudent if nothing else. Scot: [1:16] Yeah smart I like your like you're negotiating strategies so we are recording this here live on December 21st so we are in the very last tail end of holiday 21 and Jason you had some some interesting data that you had parse through that I thought we could start with it's going to be largely kind of the November data but it's kind of the best data we have, until we get into January and see how the holiday played out and then we'll do a quick checkpoint on what you're hearing from clients and then I think both of us wanted to kind of share our big stories for retail and e-commerce for 2021 so why don't you kick us off with some data. Jason: [1:57] That sounds amazing so yeah so the data we are talking about is the US Department of Commerce data we get a an update every month so you know last week we got the, the update that includes November and in general November sales were up sixteen percent from November of twenty twenty so I always coach people that we should look at year-over-year not month over month so pretty healthy growth in 2021 from 2020 if you look at year-to-date so January through November we are up about 18% from 2020 and if you look at e-commerce we were up about 12 percent from November of 2020 so I you know I always put this data out on social media and I got a ton of, interesting responses this year on that data everyone's like hey Jason why are you comparing to November of 2020 like we're in the middle of the pandemic everything was all topsy-turvy like it's like comparing, pandemic 2021 numbers to pain demick 2020 numbers isn't very helpful to me because everything is so confusing. [3:13] And so I kind of took that to heart like you know it is the best kind of comparison we have about how we're doing but I said oh you know the more interesting comparison is maybe we take. One step back and we compare the. The the last two years of data to two years ago so we kind of compare how much growth we've had during the pandemic with what girls look like before the pandemic and I hadn't hadn't really done that in a while and what I found was interesting and in a few cases it surprise me. Scot: [3:46] I feel like we should create a new word for this I'll work on it in the vein of a ship again yeah that's just boring I don't know. Jason: [3:54] Yeah yeah de or. Yeah every CEO in America has learned to say you're over two years ago by the way and for it's super funny for non-gaap metrics in the and in the 10-qs they. Like it's they kept they completely cherry-pick like if the number is good they take versus last year and if it's bad they take versus two years ago. Scot: [4:18] Yeah yeah that's the nice thing you need everything every number needs to be up into the right. Jason: [4:23] My takeaway there is you CEOs are oily. Scot: [4:25] We know we're strategic. Jason: [4:29] Got it potato potahto. Scot: [4:31] Cool what did this year over your year over year over last year review. Jason: [4:37] Yeah so if we say hey from how much has retailgeek grown in 2020 and 2021 as a two-year stack it has grown 22 percent, so you know people talk about like all the struggles and challenges we had during the pandemic but if I see if I got in a time machine and no pandemic just told every retail CEO how would you feel about growing 22% over the next two years, the vast majority of CEOs would have jumped at that and then if you said and our life is going to be totally disrupted by this pandemic. [5:14] I think every retail CEO in America would have said I'd be thrilled to get through the next two years with 22 percent growth so that was interesting and then I said I wonder how that compares historically so I got in the hot tub time machine and I pulled all the data from 1990 through today and I restated every year as its growth versus the previous two years to kind of come up with this standard metric to compare against the 22 percent and 22% is unprecedentedly high it's by far the biggest two-year growth we've had since 1990 there's only a few years that that just tickled 15% so I can 2000 we hit 15 percent and in 1994 we hit 15% but like, most of the. The this last decade we were kind of tickling in the kind of six to eight percent growth so 22 percent growth. On average for the whole retail industry is a huge win and unprecedentedly more growth than we would traditionally get does that surprise you at all. Scot: [6:26] It doesn't sort of make sure I understand it's all retail so it's offline and online in Aggregate and then you can't just divide it by 2 right because there's compounding in there so it's not really two years of 11 it's probably like I don't know 12 in an 8 or something. Jason: [6:41] Yes so you are correct now and. That 20 yes and all of this data it does include compounding the the compounding is an interesting point which will come up in a another piece of data in in just a minute but yeah so this is all like literally looking at the. Aggregate sales for 2019 and the aggregate sales for 2021 and saying how much bigger was 2021 than 2019. Scot: [7:08] Yeah did you run a kegger so in MBA school they would say well you can actually unpack the compounding by look at the compounded annual growth rate. Jason: [7:17] Yes yes I am familiar with the math I did not. Scot: [7:21] Okay it was two years it's not going to be that substantial yeah repeat. Jason: [7:24] No that's the yeah it's right typically like with like a five-year Horizon it makes a lot more sense but yeah it would have been interesting but it just I had to your data so I was just trying to come up with an Apples to Apples. Scot: [7:36] Not feels feels like a wind. Jason: [7:38] Yeah so then I said alright well that's interesting on average retail is a huge win. [7:44] Very obviously there are winners and losers so I said alright well let's look at all the categories that the US Department of Commerce gives us. Based on that 2-year stack and there were you know and who was at the industry average who wildly outperformed the industry average and who underperformed the industry average and there are some things that made total sense to me and we're not surprising and then there were some pretty big surprises in there so, the the category that out of the US Department of Commerce data that grew the fastest was, non store sales which is kind of our e-commerce proxy right and it grew 39 percent so almost twice as fast its total retail that's pretty intuitive you know again you're hearing a lot of. E-commerce growth is slowing. Wagon November as more people went back to stores you know compared to this like you know pandemic impacted 20/20 but when you look at onto your stack, e-commerce is still the fastest growing part of retail at group 39% from 2019 and that certainly didn't surprise me the next two categories sporting goods and building materials, also really didn't surprise me because we kind of talked about them being, the big pandemic winners that like you know people then go to the gym so they bought stuff from Dick's Sporting Goods people didn't go on vacation so they built a new patio with materials from Home Depot and so kind of all the that Services Revenue. [9:14] Shifted into retail and that gave sporting goods and building materials a big a big kiss. Motor Vehicles which at one point people were saying like oh my God that's going to be a horrible category in the pandemic Motor Vehicles actually outperformed the industry average so they grew at 24 percent versus 22 percent for total retail. And then here's where we start getting surprises. Slightly below the industry average was furniture and Home Furnishing so that grew at 21 percent versus the industry average of 22 and if you just asked me to bet I would have said in the same way that building materials and Home Improvement stores. Got extra spending from the pandemic I would have expected furniture stores to get extra spending from the pandemic as well and so it surprised me that they were only at the industry average and the only my only hypothesis is. Did they have more disruptions from supply chain like why. Was it just harder for them to scale up to make more sofas to meet the increased demand and so they, they grew healthy but they didn't grow as healthy as they might have because they they couldn't double their us Workforce to build more couches. Scot: [10:23] The feels right the furniture industry has been here in North Carolina that's our primary one and they're just destroyed by the supply chain they can't there was a series of events that couldn't get phone because of the fire and awesome remember that that seems like a year ago but it actually wasn't go to the summer and then with this quote-unquote Supply pain they haven't been able to get the other inputs like anything fabric while that stuff made in China and shipped over here and sitting on a boat somewhere. Jason: [10:50] Yeah and I feel like it's a double whammy for them because it's harder than ever to make stuff but there's actually they could sell more than ever before if they could make it so it's like, it almost feels worse than knowing there's demand that you can't meet. Scot: [11:01] Yeah it's painful. Jason: [11:03] Yeah so then general merchandise grew at 16 percent versus of retail 22 percent and then the one that surprised me most that I talk about a lot is grocery grew at 16 percent versus the industry average of 22 percent and I would have said man a ton of spending shifted from restaurants to grocery stores they were another pandemic winner and so I'll be honest I don't have a perfect hypothesis for why. Again sixteen percent is Healthy Growth and by historical standards it's better than any two-year period since 1990 so I don't want to say oh you know they had a rough time they had a good time but surprising that they were below the industry average to me a little bit. You have any great Insight that I didn't think of on why that would be. Scot: [11:52] I don't maybe it's like a mix thing underneath the hood like the e-commerce grew so much doesn't it like well I'll be in this category are rules so if. Jason: [12:02] Imperfect yes so you are right like one of the wrinkles in all of this is. The way the US Department of Commerce treats e-commerce as another category which is unfortunate right because you know when someone shifts from buying a exercise bike in a Dick Sporting Good to buying a dick exercise bike from Dick's Sporting Goods.com. The sale leaves the sporting good category in enters the non-store category and so that's. That's not really Apples to Apples and then of course this is all done with surveys that are in perfectly filled out by human beings and so how different retailers respond to that survey is also inconsistent so you got it. This data is super helpful directionally but you definitely don't want to get too wrapped around the axle of the minutiae of the data because it's just an imperfect methodology. [12:52] And so then the the categories they did the worst, do make sense with one outlier for a couple hours for me so gasoline only grew at 14%, you know again make sense to me that they you know underperformed when people aren't commuting to work surprising 14% sales are still pretty good growth clothing is near the bottom at 12% growth so again clothing over the last two years did not shrink they still grew at 12% which might have been their average rate of growth I should do that waiters pulled just the category growth over the last 30 years. But compared all these other categories obviously closing was was poor and the Very lowest category is restaurants and bars which still grew six percent so that all makes sense but then there were two two categories in the cellar that I would have expected to do better health and personal care grew at 11% and Electronics and Appliances grew at seven percent so those are both pretty far under the industry average and you know those are two categories. They had some complication they had pros and cons you know within that category but by and large I guess I was surprised to see them so well. Scot: [14:06] Yet Health and Beauty one because Aaron was zooming like the makeup sales shot way up so it's got to be a you know it was e-commerce. Jason: [14:15] Lipstick sales actually went way down because of the Mask but mascara and skincare went way up it's so funny bye. Um so, then I just did one other sanity check so you know people like a couple people a couple of Industry analysts even like responded to my data and said yeah just don't believe the numbers and I'm like just some understanding you you're saying you don't believe the US Department of Commerce numbers not like I didn't make any of these numbers upright bike. [14:45] And and the US Department of Commerce data is imperfect I would argue it's. The best we have access to and it's it's a bunch of you know PhD in statistics that have you know the force of law to you know to enforce compliance with their survey so I it's better than any other survey out there for whatever that's worth but so I thought how can I do a chance sanity check on this data and I'm like oh all the public retailers are required to report their growth every quarter so we could try to create a year over two year growth for all of these public retailers and compare it to the industry data and some of these public retailers are in a particular category so you can you know pretty safely assume all their sales are in that category so you could kind of use that as a sanity check so I pulled I don't know I guess it's about 25 companies and I converted their quarterly growth into a two-year stack and here I will confess I took a shortcut and if there's any mathematicians that want to help me solve this problem I will toy do it these. Draws numbers are not compounded growth so the problem is we don't have annual growth rates from the Retailer's we have quarterly growth rate so basically you have to. Aggregate for quarters of growth and then. [16:11] Calculate it over two years and so I took a lazy shortcut and I just added their. 20 growth to their 2021 growth so we have basically seven quarters of growth for most of these retailers and it's it's what they call a two-year stack which means growth from 2019 plus 2020 and while the math is not right there by the way right because of. Like the compounding problem of your 2020 growth include your you know growth over 2019. This is how most retailers reported in their earnings so when they talk about to your growth for these non-gaap measures where they try to put themselves in the best light and they report their two year growth they're almost never talking about a compounded number like if you read the footnote. They're they're adding the growth from those two years so this is how they're doing the math in most cases for whatever that's worth but so that's way more precursor than we need the retailer that grew the public retailer the grew the most over the last two years total shocker to me I would not have expected in a million years is Burlington Coat Factory. That Drew 85% and to put that in perspective, they sell apparel which did not do very well in the pandemic and they turned off their website their e-commerce site the month before the pandemic. So they didn't sell any a long line. Scot: [17:34] They're not really opening a lot of stores either. Jason: [17:36] No I mean they may have opened a couple stores over the whole two years but like this is mostly comp sales growth so it actually kind of, factors out new store. Scot: [17:46] Okay so it's cops okay. Jason: [17:47] Yeah this is these numbers that ye are based on currency adjusted comp sales just in the u.s. wherever possible so so Burlington's a total outliner congratulations to them surprising to me Amazon is was the second fastest grower and all public retail at 61 percent over two years which. Doesn't surprise me that super impressive but you'd expect to see them near the top of this list then you see Dick's Sporting Goods at 57 percent and again, like from from the industry data Sporting Goods was the second fastest growing category behind e-commerce so Amazon as a proxy for e-commerce and dicks is approximately for sporting goods makes total sense but then things start getting interesting the next fastest grower was Ulta which is personal care at 36 percent so they grew much better than did the. The personal care category now they're less than half the personal care category the slightly bigger version of them would be Sephora but Sephora is actually owned. Buy a house of Brands and so it's harder to get their data. [19:01] Bed Bath & Beyond group 35% which is impressive Target group 34 percent, Home Depot which again was in one of these these outperforming categories grew 33% was group 28% by comparison Best Buy grew 29% in this it doesn't surprise me the best bike route 29 percent but this is. Makes that the fact that Electronics was one of the slowest growing categories at 7% make even less percent make even less sense I guess it's it's hard to imagine how. Electronics only grew seven percent over the last two years when you know everyone bought all this extra equipment for homeschooling and home entertainment and then with Best Buy growing 29 percent it's even harder to imagine. Scot: [19:53] Yeah maybe in a perfect world you could then split like something like that into store non-store store / e-commerce and maybe that would tell the story. Jason: [20:00] Yeah yeah again that's like one of the few the, my few answers to to a number of these anomalies and then I know this is like all these numbers in a podcast sock but like then you start getting into like Abercrombie & Fitch 28% Costco 26 percent, Cole's Nordstrom's Walmart grew at 21% which again for you know a huge company, the fortune one company to grow at the industry average is pretty good Nike grew at 20%. T.j. Maxx at 15% and the the bottom three. A surprise into not surprises so the second worse and third two words were Dollar Tree in Dollar General at 10% growth which is kind of surprising. You know consumers were kind of flush with cash with all the extra economic stimulus they weren't really slowing down their spending and so like you know maybe it wasn't a great season for the value shoppers but a lot of the news was about how these dollar stores were opening tons of stores and we're really thriving so interesting that they both only Drew. 10% and then the the worst performing public company on this was Macy's which grew six percent over the two years not totally surprising. Scot: [21:18] Isn't that the one that Prophet G said was going to crush. Jason: [21:24] Be there be there the future of retailers Macy's not Amazon yeah this chart unfortunately yeah contradicts that prediction so we'll have to wait and see are you Scott Galloway fans you just hang on hang on to your stick to your guns. Scot: [21:38] Good luck with that. Jason: [21:41] Yeah so that's my the rabbit hole that the stupid November numbers took me down so as you can imagine none of my clients got any deliverables in November. Scot: [21:52] When people tell you they don't believe the data what are they reacting to. Jason: [21:57] I think there's a couple categories there are people that are like hey it's the the month-over-month is interesting but like. Who cares right because these are all anomalous months and that's why I went for this two-year stack and and so. My point was I think like when people are saying hey I don't I don't believe the data I actually don't think they meant they don't believe that this is the data that the US Department of Commerce reported I think they're both saying in some cases, I don't think the US Department of Commerce can count very well and what they mostly hang their hat on is is the non store sales not being right and that's fair right like when someone at Best Buy fills out a survey the US Department of Commerce would like them to put their e-commerce sales in one box and their store sales in another box. [22:47] And do they do that I don't know right and does every retailer do that. Properly and consistently I can tell you that the person assigned to fill out the surveys is generally not the most senior accountant at the it's usually not the CFO. Um so so that is imperfect and then what I think they're saying more is. Maybe don't make all your future plans based on like this snapshot of the world because you know we are looking at a unique set of circumstances that resulted in this data right so if you mistakenly thought my takeaway was retail is better than ever and you know everybody should double down because you know retailers is the most thriving industry in the world 22 percent growth is amazing and it's going to continue forever. [23:36] Yeah no that's not what I'm saying I'm just saying that like it's interesting there were positive and negative impacts on all these businesses as a result of the pandemic but on the aggregate. The impact was disproportionately positive and I don't think that that is sustainable right like I you know I think we will hope to drop down to the regular the sort of pre-pandemic growth levels and potentially. We pulled some growth forward and we might even see some more lean years because we you know absorb so much growth this time. Scot: [24:10] This a long way of you saying you now agree with the the Goldman Sachs chart that showed five years of acceleration. Jason: [24:15] No no I think that still is pretty clear and they were primarily talking about e-commerce which definitely didn't happen. Scot: [24:23] Checking. Jason: [24:25] So that's my my deep dive into data and if there's there can't be anything more fun than listening to a podcast about a bunch of dudes being a bunch of numbers so I will I'll do two things I'll try to put some of this data in the show notes but what I'll do is I'll put a link in the show notes to download some charts with this data in it. Scot: [24:46] Very cool I actually like you spewing data so maybe I'm just an audience of one. Jason: [24:53] You may be in a liar. Scot: [24:56] So what are you seeing so that kind of gets us through November what are you seeing here in December I poked around on the usual spots for the Adobe and the sales force and a couple others and it's really weird they've been kind of quiet since since kind of the Cyber week what what are you hearing from your clients. Jason: [25:17] Yeah so I don't know like there's not good data that's already reporting December sales for holiday but so anecdotally talking to a bunch of clients and talking to some of these companies that do have internal data. December is looking like a good month right and so the. My kind of aggregate estimate is holiday for 2021 is going to end up being about. Nine percent bigger than holiday 2020 and again you say well as nine percent good or bad by historical standards it's pretty darn good most most years we get about a holiday grows less than the rest of the year because there's so much extra volume in it so most years we get about five percent growth in holiday in 2019 we got four percent growth 9% is a big number and last year was a pretty big growth year and so. Um you know also around nine percent so nine percent on top of 9% is a. Pretty big deal I have seen some estimates that think it'll grow even more than nine percent this year to put that in perspective the last time before last year there grew nine percent would have been like 1999 so so not only do we have great growth over two years we do have great holiday growth one huge caveat. [26:43] The trend up until about a week ago was, that more people were returning to the store store traffic was going up we were seeing kind of pre-pandemic shopping behaviors and e-commerce was still a big deal bigger than ever before but the rate of growth was swelling because, there was so much pent-up demand and go to stores lots of people were planning on getting together with their family like there was a funny Walmart stat about you know how much bigger the turkeys were that got sold this year than last year because people were, we're entertaining a lot more so, unfortunately in kind of real-time chats with most of my clients in the last week we have seen foot traffic to stores dramatically curtail and it feels like. We're very quickly getting a lot of negative Media news around and I say media but I guess it's based on the data about Omicron and the hypothesis is there either, Omicron has people scared and so they're not going to stores or a second hypothesis is everyone desperately wants to have their family gathering so they're being extra cautious leading up to Christmas but in either case, we're seeing this last-minute pivot to e-commerce and that has some impacts like the shipping companies that actually been doing. [28:04] Much better job this year than last year on keeping up with ship again in but if suddenly everyone you know runs towards e-commerce these last two weeks that could really put. [28:15] Shipping in Jeopardy in a in a really vulnerable time when they have a lot of Labor challenges so yeah I don't know it's kind of a Debbie Downer bit of news in this whole thing. Scot: [28:26] Yeah yeah I'm a crime that has a it's going to put next year kind of up into a question mark of what happens is and then. The thing that's really frustrating trying to operate a business during this time frame is the bookmarks of good and bad are so wide that. Dirty you have no idea but you drive a truck through and right there 180 degrees so you read one new source it's like oh it's super mild and it's almost going to act like its own vaccine then you see another source and it's like we're all gonna die. Somewhere hopefully we're somewhere in the middle there. Jason: [28:58] Amen Ya Know It's Tricky yeah and kind of evaluating all these data sources that's like the new the new societal challenge right. Scot: [29:09] It really is. Jason: [29:12] So I'm wondering so that's that's kind of my holiday snapshot some good news and some bad news in there I wanted to take a couple minutes on this podcast because I think this is going to be our last show of the year to kind of zoom out from the minutiae and just kind of think about the year in totality and kind of, don't know you know highlight what we think are the big things that happened in our industry this year that might impact us going forward how do you feel about that. Scot: [29:39] Let's do it you want to go first. Jason: [29:41] I mostly wanted you to go first because I thought I would surprise you and make you get bet answers while I thought about it. Scot: [29:48] Okay I'll go first so so I'm going to try to limit it to three because we. Yeah we could go on for for a long time here so I think the highlights of this year for me, it would be a Jason and Scot show if we didn't think a little bit about Amazon the. Build out of Amazon's shipping infrastructure and I feel like we say this every year but it's accelerating and there's some really good data we want to have a guest on that's publishing some data on this just Amazon has built more capacity in the last two years than they had in the last 10 so they've used the pandemic as a you know the response to it and they've gotten kind of cover I guess you could say is to really. 10x down on fulfillment infrastructure where where you get the most feeling of that is that the last mile which is this DS p– program that they've just really scaled up massively. This touches my my day job because it's Biffy we'd service a lot of these folks and they're just they're everywhere and, you know it used to be they would kind of work out a fulfillment systems then they built these fulfillment centers now they've got these see the last word of station what are they call them. [31:02] Delivery stations that have a whole new nomenclature where they now are have these forward-deployed areas where the dsps are almost housed and Aggregates you'll go to these places and it's pretty well that I've seen several of them now and they'll be like 20 dsps operating out of there these little micro businesses and you know just. [31:22] Prime Vans as far as I can see. Where is the stat that I think is kind of the most interesting is the Amazon did disclose that they plan to ship more than then FedEx this year and then I think they said in the next couple of years they'll exceed the USPS as far as package delivery it doesn't surprise me just given the scale that they are throwing at this thing. For example you can't buy a van today because the Amazon is just pretty ordered all the vans so it's pretty fascinating the scale they've done there. The thing that in our will do our annual predictions but I've been annually predicting that they would compete more directly with FedEx and UPS by offering just package delivery to anybody I just feels like we're a lot closer to that but I say that every year so we'll see, the other surprise for me is the explosion of this 15-minute grocery delivery world the most people have probably their first experience this or the first company heard was go puff and it wasn't really a 15-minute thing it was just kind of faster it was almost hours then you had instacart really scale up and then what's happened is the service level on these things it's got lower to the point where they're all trying to get you something in 15 minutes. It's a smaller number of skus than you would get with like Amazon's 300 million skus available so it's typically going to be. [32:43] You know you probably have a cool word for it but it's like snacks and oh my gosh I'm out of a soda I need or ice cream things that you kind of have an urgent hankering for and are willing to pay to scratch that itch a little bit more. On the shipping and handling fees and those kinds of things these are kinds of things when I talk to people they're like yeah that little the economics will never work in the be no one will ever use it and then everyone's always surprised because you can never underestimate the convenience or any consumer that when you give them the choice to do something with convenience they will, they will do it and they will order things you would never have thought about. I remember when Amazon rolled out Prime now they were shocked that the toilet paper and personal products were such a high considered item and it's just you know. People people don't plan ahead and they run out of stuff and they want it right then and there willing to pay extra for it so that one's pretty interesting and you track this probably even better I do Amazon's going after this one and then there's like, 10 startups in there that are have all raised, billions of dollars go puff just announcer one and a half billion dollar extension of their last round by layering on some debt so there's one called like gorillas or gorillas and. [33:55] Tons of these things out there but Amazon scaling it up too so it's gonna be interesting to see if any of these guys can make Headway against Amazon or Famas on will just crush them. [34:05] And then the last one is live-streaming this one sputtering in the US, every data point outside the US indicates it's a thing and I do think this one's going to translate from I've seen it I've seen data that shows that as a has expanded out of China and that's kind of where maybe a year ago we were talking about it largely on Alibaba platform. But now I think it's there's European startups I'm starting to see some categories in the US where this is interesting I followed the collectible category and there's a couple of the hot companies are they do these live streams where they will do. Unboxings so they will they will buy a pack of cards from like the 80s and then they will open them live and and see what's in there and and you know, it's kind of riveting if you're if you're into that and you're like I wonder you know there's a one in 100 chance that this has a Michael Jordan rookie card or something and they pull that the column poles that can be fascinating so there's a lot of. Kind of very specific category activity going there that I think I think a lot of us thought okay Amazon's and do this Amazon is tried and it's been pretty terrible but I think it's going to come from these really niche of Articles at first and they're going to figure it out and then you'll see it get more more momentum up into the broader retailers so those are those are my three. Jason: [35:27] Wow those are three good ones I feel like you stole my three I'm just kidding um no but I totally agree with all those I do think like we've actually seen Amazon launch some. Selling of shipping services and I've seen Stan said they're going to deliver 90% of their own packages this holiday so like I think that definitely is a thing even Walmart is now, selling shipping services to other people including Home Depot so that's totally interesting Trend hundred percent agree on the live streaming like I kind of call it the D bundling of shopping and you know we have all these e-commerce sites that are good at buying things but we're not very good at product Discovery and it seems like social and video or where a lot of the, the new product discoveries coming from and then that that ultra-fast delivery for filling orders to give you all the words you are asking about the that that's a huge thing and if you think about you know how much retailers are struggling with with grocery profitability like it's a double whammy that wow they're trying to figure out how to solve for profitability the consumers moving to this even you know inherently less profitable order so it's going to be that that's going to be an interesting disruption of the industry so if I were to add 3 to that. I do think just the whole pandemic. [36:41] Acceleration of great digital grocery like is when I talk about a lot and I still think that that is a huge thing like all those predictions about how much the pandemic was accelerating e-commerce for probably wrong but grocery delivery Ecommerce probably did get accelerated five years and to me maybe you know what will ultimately end up being one of the most important things that happened during the pandemic is Amazon invented a new grocery store right this Amazon Fresh concept and it's starting to scale there's more than 30 of them now they have just walk out technology in them which I would have bet against them having this quickly and there are there are lots of investigative journalists that have found. Some interesting real estate footprints that would imply that it's going to scale their that there's a business plan footing out here that had like 300 of these in the UK which is a small island um I think we could look back five years from now and see Amazon is a very meaningful brick-and-mortar grocer and and I think 20:21 is the year it it happened without us totally acknowledging it so I think Jay W groceries an interesting Evolution one that I end up talking about a lot with my clients also driven by Amazon is retail media networks right so you know Amazon, is that a run right now of about 30 billion dollars in ads it's probably the most profitable business Amazon has I think this this. [38:08] Battle for eyeballs between retailers and traditional digital platforms is super interesting and I think you know you set the layer who is. One of the the. The key guys at Amazon media like we had him on the show when he moved to Fresh Direct and he's now running Walmart Connect Four for Walmart so you're seeing the Retailer's hire these like credible media sales people and I think that's a. [38:37] A going forward a significant part of every retailers plan is how to be their own media Network how to get eyeballs and how to monetize those eyeballs and that's a new new skill for a retailer so I think that's a big deal and then the last one I'm gonna throw out, is one that I am surprised doesn't get talked about more but it's the apparel retailer she in and I think they are super interesting they've had phenomenal success they're probably globally the largest apparel reseller on the planet right now and their their annual revenues are more than than H&M and Zara combined so so remarkable. [39:18] Story of fast acceleration but the bigger story here is, to me Sheehan is very representative of the democratization of apparel that like for the longest time we expected Mickey Drexler or Versace or Yeezy to tell us like what was cool to wear and then we waited until we can buy those clothes and we bought them and I just I think that model is totally dead now I think the apparel that sells best the stuff that she and sells the stuff that target cells the stuff that Stitch fix cells is frankly based on customer data it's watching customers finding out what they like and then making it really fast and so Sheehan isn't isn't fashion driven by a stylist It's Fashion driven by Tick-Tock right and an Instagram and I think that's a, a lot of apparel companies haven't gotten the memo yet that the consumer is now squarely in charge of these fashion trends. Scot: [40:18] Yeah saw an article about these guys were this this one lady she did this Argyle Sweater outfit and. It was on Instagram it got some viral love they took that and it created a hole the outfit they had copied it or I guess fast fashion and I don't know how the how the IP Works in this world but they had replicated it and they I think they even used her picture which I think was with articles about that she didn't really you know, realize that that effectively shows open sourcing this thing to the world and then it became a top seller for them like in 60 days it was insane how fast that they identified the trend and get the. The product out there it was like you know NASCAR fashion or something. Jason: [41:03] Yeah it's crazy if you think about like the fashion traditionally worked like. Dudes would show up in Paris at the Fashion Show and show these cool Styles and then everyone would steal those Styles and send them an effector he's and two years later those fact those Fashions would be available at Neiman Marcus. Two years later and in so the genius of Gap was that they got those Fashions to the mall, 18 months later instead of two years later and the the disruption of H&M and Zara was that they got them to the mall six months later instead of 18 months later right. She and sees that woman in the crop-top Argyle Sweater and they have they have that fashion available in a week and here's what super interesting they don't make a million of them and hope they sell which is what all those other retailers had to do, they make 12 of them and if those 12 sell in 8 seconds versus 20 seconds then they make thousands of them. Right and so it's really data-driven real-time a/b testing on apparel trans at a speed that that these kind of traditional apparel Brands can't even imagine. Scot: [42:13] That's because they have the factory right there that they're able to do that or like to have some. Jason: [42:17] Yeah and they. In Shane's case they don't own the factories they have a net like that it's a gig worker economy for factories right like so in the same way that boober recruits a bunch of Uber drivers she and recruits a bunch of factories that they then go to and say hey we've got some some ideas for some new models and find one of those factories that accepts the order and makes the the stuff and so in sometimes there's our Factory driven ideas sometimes there she and driven ideas but but yeah that's that's the model and you know there is a Dark Side to this I got you know a lot of its there's a lot of questions about the labor standards and practices at a bunch of these factories and of course there's. You know a lot of the stuff that gets bought on Shion is super cheap and gets worn once and so it's a ecological disaster I would argue the industry it's disrupting is also. Kind of a you know it has a lot of dark sides and and is not very sustainable so I like I'm not sure she and improves on on any of those problems but from a pure consumer demand standpoint, I don't think we're ever going back to you know these like anointed tastemakers that like decide what we're all going to wear for the next year. Scot: [43:32] Yet clearly clearly that model is sailed having. Jason: [43:36] Indeed well listen Scott I know we both have to run but that is probably a great place to wrap up our final show of 20:21 I need to take some downtime not to see my family or anything like that but in early January we always like to record the forecasts show and hit traditionally you crush me and so I feel like I need to spend a lot more time thinking about my forecast before the forecast show comes up. Scot: [44:07] Yeah challenge accepted I will also be thinking about this in a background processes I'm enjoying the holiday I think this is a good time to thank our listeners you know we've you know we've seen our listenership grow pretty steadily over the years and we really appreciate everyone giving us time to your day to talk about the topics we talk about and we get a lot of great feedback and really engaged set of listeners and we really appreciate you listening and if you want to share your appreciation one of the ways you can do that is through a five star rating so fire up your favorite podcast listening technology and if you would leave us a five starters we that would be the perfect holiday gift for us. Jason: [44:47] Yeah that's exact five stars is exactly my size to Scott. Scot: [44:50] How about that. Jason: [44:53] Awesome well most of can't appreciate enough the listeners for spending this time with us every week this is a lot of fun for us to do and I learned so much from the the chats I have with folks after they listen to the podcast so I'm that is one of the things I'm super grateful for. Scot: [45:10] Everyone have a great holiday Jason you how enjoy your trip to California. Jason: [45:14] Thank you you have a wonderful holiday as well and until next time happy commercing!
Jobs are going unfilled, we hear about the Great Resignation, employees are leaving at a record rate for other higher paying positions. I reached out to Julia Pollak, Chief Economist at ZipRecruiter for insight.The Business of Business, topics are divided into 4 Categories: Management, Operations, Sales, and Financial. Target Audience is Business Owners, C-Level Executives, Management, and anyone considering starting a business. Helping you run a successful profitable business.
In this episode, Wayne talks to Bethany Finch, Community Enhancer at American Made Home Solutions, about creating Christ-centered workforce housing communities. Previously, Bethany was a teacher and coach who transitioned to real estate. Her passion is to create change that is beautiful and sustainable. Since the inception of American Made Home Solutions, Bethany and her team have rejuvenated neighborhoods and increased the standards of housing for residents. Topics on Today’s Episode: Company Vision and Mission: Create sustainable growth Property Attributes: Numbers have to make sense for conditions and remote investing Cash Buyers: New real estate investors need to find creative ways to compete Consumer vs. Business Mindset: People get in trouble if they don’t know their numbers Passive Income: Potential to create momentum and leverage home loans/equity Single to Multifamily: Bethany and her husband’s vast experience and business sense Negative Growth: Markets where more people are leaving than coming to that market Additional Asset Classes: Build-to-rent and manufactured/modular homes w/ RV parking Step Back, Slow Down, Reprocess: How residents find, feel, love the spirit of Christ? Passive Investing Tips: Assume there will be no return that first year Ask about correspondence frequency to set expectations Ask how often will you get paid (different deals differentiate) Ask if you have voting rights or say (different scenarios, sometimes negotiable) Be willing to lose it all (it hurts to lose money, but not always detrimental) Links and Resources: Bethany Finch on LinkedInAmerican Made Home Solutions, LLCFree Passive Income Checklist Purpose Driven Investments; Multifamily Real Estate
Dec. 16, 2021 - New York Association of Alcoholism and Substance Abuse Providers Executive Director John Coppola explains the scope of the state's workforce shortage at treatment facilities for New Yorkers with addiction problems and also peels back the curtain on state oversight of these operations.
- Hyundai Could Axe Two Top Executives - Hyundai Shows Small Mobility Platform - France Could Lose 1/3 of Workforce in EV Transition - Diesels Dying in Europe - F1 Driver Lewis Hamilton Knighted - EPA Rates New EVs - GM Offers Update for Older Bolt Owners - Ford to Offer Charging Solutions to Fleets - Bronco Misses Top Safety Award - Citroen Considers Off-Road Ami - Mercedes Concept Aims for Mega Efficiency - GMC Teases Sierra Electric
- Hyundai Could Axe Two Top Executives- Hyundai Shows Small Mobility Platform- France Could Lose 1/3 of Workforce in EV Transition- Diesels Dying in Europe- F1 Driver Lewis Hamilton Knighted- EPA Rates New EVs- GM Offers Update for Older Bolt Owners- Ford to Offer Charging Solutions to Fleets- Bronco Misses Top Safety Award- Citroen Considers Off-Road Ami- Mercedes Concept Aims for Mega Efficiency- GMC Teases Sierra Electric
In this week's episode, host Will Kollmeyer welcomes Dr. Ricky G. Ford to the podcast to talk about everything Northeast Mississippi Community College. This week, Ford talks about the ending of the Fall 2021 semester and the college preparing for the Spring 2022 semester. In addition to talking about enrollment for the spring, Ford discusses the ongoing talks to establish a free health clinic for the students at Northeast with an MOU between Dr. Dennis' office here in Booneville and Baptist Memorial Hospital. This is a great addition to the college and will help to ease parental worries about sending their students off to college. Ford highlights the Apple Spotlight that Dr. Michelle Baragona, Dr. Carlena Benjamin and he did last week focusing on making the campus more student-centered and discusses a trio of gifts to the college that have totaled over $65,000 in recent weeks including a $30,000 grant from the Blue Cross Blue Shield Foundation of Mississippi that will aid in buying protective gear for the Northeast Mississippi Community College Police Department, a $25,000 endowed scholarship by Cook Coggin Engineering, Inc., and almost $10,000 from BancorpSouth to help our Adult Education program. Ford also talks about an articulation agreement with the University of Tennessee at Martin that the college is pursuing and the purchase of a facility to house not only all of our career and technical education classes but our workforce and adult education in the near future. Ford emphasis the Prison Education program that will utilize the Ready for Pell program to help those incarcerated at the Alcorn County Regional Correctional Facility in Corinth and gives an update on the renovations happening at the Seth Pounds Auditorium, the outdoor classrooms around the campus and the Mississippi Department of Transportation construction projects.
Join us as DJ Fleming, IT Director at CopyPro, an award-winning network solutions provider, and Steve Cobb, CISO at One Source, discuss critical strategies around building an architecture that makes it possible for employees to work anywhere without operational disruptions while also protecting critical company data.
See what's new on Health Affairs Forefront, our rebranded Health Affairs Blog.When you think of the health care workforce, nurses and physicians are probably the first professions which come to mind.But there are actually more personal care aides in the US than physicians. Together with home health aides and nursing assistants, personal care aides comprise one-fifth of the US health care workforce. These workers provide essential supports to people who face limitations in basic activities such as eating, bathing, and moving around.As the US population ages, the demand for home health and personal care aides is projected to increase by nearly 1.2 million additional jobs by 2030.Esther Friedman from the University of Michigan joins A Health Podyssey to discuss the changing size in employment in the personal care workforce.Friedman and colleagues published a paper in the December 2021 edition of Health Affairs investigating state level changes in the nursing home and home care workforce between 2009 and 2020. While almost all states experienced an increase in the overall size of their home care workforce, most saw a decrease in their nursing home workforce relative to the number of people who need these services.If you enjoy this interview, order the December 2021 Health Affairs issue.Subscribe: RSS | Apple Podcasts | Spotify | Stitcher | Google PodcastsSee what's new on Health Affairs Forefront, our rebranded Health Affairs Blog.
On this episode of THE REAL HOPECAST, we are featuring the EMPLOYEE ASSISTANCE PROGRAM (aka EAP) in our program spotlight. We welcome regional EAP managers Alicia McGee, and our very own Troy Hilpp as we discuss how employers can step up and be a catalyst of healing and hope, implementing the tools available to them through the programs at Isaiah House Treatment Center. Through our EAP program, we can work together to provide treatment for that employee still struggling with substance abuse.Please like and share the podcast through our social media platforms @RealHopeCast. Also please leave a review of the podcast on your favorite podcast platform.
In this end-of-year episode, ABA's Robb MacKie talks with Bill Quigg, President and CEO of Richmond Baking about how Bill has been rethinking workforce recruitment and retention. Then, they look ahead to 2022, discussing everything from equipment innovations, packaging, food service, IBIE 2022, and more.
This week, Sarah shares an article talks about a program that offers local business and community leaders the chance to be “principal for a day” and provide stakeholder engagement. Ryan shares an article that talks about a gap in leaders of color in schools and shares ways to recruit and retain an effective diverse workforce. Tune in! Don't just listen, join the conversation! Tweet us at @AcademicaMedia or with the hashtag #BigIdeasinEducation with questions or new topics you want to see discussed. Articles: https://www.nbcmiami.com/news/local/education-on-6/one-of-our-own-is-principal-for-the-day-what-were-they-thinking/2636550/ https://www3.dadeschools.net/news/32222/details https://www.edweek.org/leadership/principals-of-color-are-scarce-heres-what-districts-are-doing-about-it/2021/12?utm_source=tw&utm_medium=soc&utm_campaign=edit Hosts: Ryan Kairalla (@ryankair); Sarah Boulos Fye (@readwithfye) Producer: Ross Ulysse
AnneMarie Hayek, a cultural consultant, generational expert, and social agitator who deeply understands society's evolutions, shares the distinctions and defining characteristics of GenZ. Learn why Gen-Z is such a powerful generation and why their values and ideals are essential to a business owner from both a marketing and employer perspective.
Treating all of your employees equally may seem like an ideal approach. But it's not. The one-size-fits-all approach, says Minal Bopaiah, an expert in diversity, equity and inclusion, often holds back employees who don't fit the prototypical characteristics of today's workforce. The better approach, Minal tells host and award-winning journalist Dean Rotbart, is to design a human-centered organization that offers “equity” to everyone — making room for those who are different and then leveraging those disparities. Minal is the author of Equity: How to Design Organizations Where Everyone Thrives, an eye-opening new book that will challenge your perspective on fairness and productivity in the workplace. Her firm, Brevity & Wit, helps organizations — including Amnesty International, NPR, The Christian Science Monitor, and Human Rights Watch — achieve the change they wish to see in the world. Photo: Minal Bopaiah, Brevity & WitPosted: December 13, 2021Monday Morning Run Time: 47:29 [Purchase your copy of A Christmas Day Miracle by Dean and Talya Rotbart: “An inspirational adult yuletide tale that offers hope to everyone — regardless of their religious beliefs — about the wonder and power of life's unexpected blessings.” Get the Kindle edition for only $4.95.]
Today MaryBeth Ferrante, Founder of WRK/360, joins us to talk about how we can keep women, specifically Moms, in the workforce. in 2019 only 2% of working women planned to leave the workforce for family reasons, yet 43% of these highly qualified women opted out or off-ramped on their way back to work post-baby. How can working Moms stay in the game and have a family? And how does it benefit companies to keep us around? Connect with MaryBeth! Email: firstname.lastname@example.org Linkedin: https://www.linkedin.com/in/mbferrante/ Website: https://wrk360.com/ Instagram: https://www.instagram.com/mb_ferrante/ Guest Bio: Mary Beth Ferrante is the founder of WRK/360, a mom of two, and a thought-leader on the intersection of work and care. WRK/360 is a consulting and change management organization designed to strategically approach shifting workplace cultures to care and support managers and employees. WRK/360 plans and executes change that fuels more flexibility, empathetic leadership and to break down caregiver bias. Mary Beth's work has been featured in Forbes, Today, CNBC, The Ladders, Working Mother, and more.