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Posts Tagged ‘interesting’

Glassdoor “face-lift” costs six figures?

February 5, 2018 Leave a comment

officeInteresting article in the New Yorker a few weeks ago on the rise of Glassdoor and the changes that it has brought to the way companies manage their brand. Glassdoor, a company founded ~10 years ago, is the second most popular jobs website (after Indeed.com) and is now worth $1B. Apparently ~80% of job seekers in the US read its reviews. The part that caught my eye was the fact that while a “basic” profile page for a company at the site is free, to have a claimed page (“the face-lift”), one must pay Glassdoor a minimum of $6K a year to something well into the six figures. Sounds like a shakedown to me.

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Categories: interesting Tags: ,

Indian middle class ~7x smaller than projected

January 22, 2018 Leave a comment

middle classs missingThe much vaunted Indian middle class (expected to be about 300-400M) is actually about 50M according to a well written article in the Economist. Some other tidbits:

  • Only 3% of Indians have actually flown abroad
  • There’s only about 50M online shoppers active in India

This is not to say that India doesn’t have its share of plutocrats: There are about 200,000 millionaires and about 100 billionaires. Definitely worth a read if you are helping shape plans around this anticipated middle class.

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Tip for increasing women participation

December 20, 2017 Leave a comment

Buried in the science section of the Economist was an interesting piece of data on how to encourage women’s participation in group settings.

gender

Essentially, they found that when a woman asks the first question in a group setting, it encourages more women to do so and much more than when a man asks the first question. Although the data was collected in academic settings, it would be interesting to apply that to group settings in business as well. Something for consultants to start trying in their teams for a start.

Categories: meetings Tags: ,

Future of warehouses?

November 2, 2017 Leave a comment

It seems like there’s not a week (or is it day?) that goes by without much hand wringing about how machines are going to take over humans. The New Yorker led with this this week on its cover. Buried in the article on this topic was a eye opening (for me) piece on the future of warehousing, led by companies such as Symbiotic.

warehouse future

What’s different about companies such as these (rather than companies that simply automate pieces of the way warehouses currently work), is that they sell fully automated warehouse systems. A few tidbits that caught my eye:

  • Since the robots don’t need light to operate, the warehouse requires 35% less energy than conventional warehouses.
  • The warehouses can run ~24 hours a day.
  • It costs ~$50M to install, and pays for itself in about 4.5 years
  • Apparently Target, Walmart and Coca Cola are experimenting with this

If you are interested , there’s a longer (but older) article on this from the WSJ.

 

Wisdom of ~500 CEOs synthesized

October 30, 2017 Leave a comment

I found this article in the NY Times from Adam Bryant on the top things he’s learned in interviewing over 500 CEOs pretty interesting. At first glance, I thought it would be the normal business pabulum, but there a few nuggets in there on life, hiring, leadership, culture etc. that I found interesting. Although, it’s hard to summarize, the quote about culture stood out for me.

People seeing who succeeds and fails in the company defines culture. The people who succeed become role models for what’s valued in the organization, and that defines culture.

Worth a read.

Categories: interesting, tips Tags: ,

Cars account for ~60% of airport revenue

August 16, 2017 Leave a comment

 

airport revenue

Apparently car parking & rental car concession fees account for ~60% of non-aeronautical fees for airports in North America. (I would have put the figure for retail / food at a much higher level than that.)

Given the juggernaut that is ride-sharing, this share is likely to take steep tumble: Although consultants used to have to rent cars in the old days, I’ve yet to meet a consultant who’s not addicted to Uber.

Categories: interesting, travel, trends Tags: ,

Online retailers ~2x profitable as offline

August 6, 2017 Leave a comment

I’m not a fan of cute images that show data, but this one (from the WSJ) caught my eye for its data. It basically compares the total costs of sales offline vs. online. Notice that key differences are in not having to pay store employees which more than offsets the costs of free shipping and returns. The full article is here.

BF-AR108_goingo_9U_20170803133008

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