Business How GE CEO Larry Culp pulled off the turnaround of the century. Larry Culp became a CEO at 38 and since he took the helm as CEO, GE has seen its market cap go from $96 billion to a little below $700 billion. His success is touted as one of the remarkable turnaround stories [ ]
Business Amtrak s Subtle, Surprising Success. Amtrak is one of those businesses that I would love to see succeed. It has the monopoly on rail and its success would benefit the public tremendously. Personally, I d love love love to be able to take a train ride from Omaha to Kansas so that I d not have to [ ]
Business How Airlines Decide Which Plane to Use. Another fascinating about the airline industry. Demand is not the only factor that determines which aircrafts to use. Inside the Meltdown of a Wunderkind’s A.I. Hedge Fund. It is remarkable how an astounding successful hedge fund story had to sell off positions literally overnight to stay alfoat. [ ]
Business Costco Gas Pumps Are So Popular the Retailer Is Building Stand-Alone Stations. A smart business move. When there is that much demand, it ll be a waste not to tap into it. As long as members continue to pay, and I know a lot of poeple join the cult just for Costco gas, and as [ ]
What I Wrote Last Week Dick s Sporting Goods Announced ScoreCard+. Its Loyalty Program Is Now Unnecessarily Complex Business He Earns $33 an Hour as a Costco Cashier. Now He’s a Millionaire. Costco is a great example of how companies create a winning culture and deliver outstanding customer experience by first treating its employees right. Walmart [ ]
ScoreCard is Dick s Sporting Good s loyalty program. It s free to join and includes benefit such as 1 point per every dollar spent at Dicks, receipt-free returns, free standard shipping for orders of $49+ and access to member deals/discounts. There is another tier of the program called ScoreCard Gold. Gold benefits include one day when purchases [ ]
Credit card is a fiercely competitive business. Issuers regularly introduce new products or refreshes with better rewards and more benefits in order to woo customers and keep them loyal. More rewards and benefits mean higher expenses. Here are a few things that issuers do to make the economics tenable: Banking Relationship Bank of America Rewards [ ]
Business The Anti-Amazon. This article does a great explaining some of the important differences between Amazon and Costco. However, precisely because of these differences, it is hard to envision Costco becoming and toppling Amazon at its own game. When you purposefully curate SKUs to make sure you have the lowest price on such items, the [ ]
What I Wrote Thoughts On Visa-Mastercard Settlement Two Tests To Learn Your Strengths And Weaknesses Business How a Niche Technology Became a Choke Point for A.I. It s remarkable that every analyst and expert agrees that packaging is a choke point and a priority in the AI industry, but the Trump administration doesn t share that opinion. [ ]
I have been working with a performance coach for 7 months now. One thing that I am glad to have done is to take a Clifton Strengths Assessment. It s a test to see a person s talent. Not skills. Talent. It doesn t show if someone is brilliant at coding or baking, but it will show if [ ]