Day: October 15, 2022

Every SCM major now has to take: Global Negotiation…The fastest growing class at WMU. https://lnkd.in/ekhu3YHA. Thank you Dr. James Eckert! Almost 1/2 of U.S. employees do not feel confident in their negotiation skills… > 40% don't feel confident in their negotiation skills, while a 1/4 admit to never having negotiated at all in the workplace, per a LinkedIn survey. https://www.linkedin.com/posts/sime-curkovic-61617a115_this-is-now-a-reqd-course-for-all-supply-activity-6976219583695265792-Kuwp?utm_source=share&utm_medium=member_desktop The results revealed that men feel more confident about negotiating than women,...

Predictive Data Analytics ranked #2! https://lnkd.in/gthyAWf3. https://www.visualcapitalist.com/supply-chains-automation-future/ Every WMU SCM major now has to take this class (Excel on steroids). Our Business Analytics minor teaches Big Data w/ skill sets such as: 1. Advanced Excel (power query & pivot) & macros;2. Data visualization (Tableau, Power BI & python w/ seaborn & matplotlib);3. Data mining/RapidMiner, machine learning & data science;4. Python & Jupyter notebook (data analytics & statistical libraries such as pandas,...

The avg has flat lined the last three years. The $ in "2022" & "2021" are down/flat?…See 2018 (well before covid): https://lnkd.in/gV53aggX. 2020 (right before covid): https://lnkd.in/gz8WQEhr - 2021 (deep into covid): https://lnkd.in/g-SfG93A and https://lnkd.in/gn5jM9xt (18 pages). 2022 (post covid, kind of): https://lnkd.in/gxKWMeHd. https://www.linkedin.com/posts/sime-curkovic-61617a115_ism-salary-summary-from-last-few-years-flat-activity-6976897614889857024-d4K4?utm_source=share&utm_medium=member_desktop People want more money & rewarding work (not paperwork). https://lnkd.in/g7BwX84c. "The demand for logistics talent has never been greater. The low unemployment rate has created a supply/demand imbalance, spurring employers to raise salaries in a...

California joins NYC & Colorado in adopting pay transparency...to close wage gaps? Here are the states/cities where employers are required to disclose salary ranges during the hiring process & More pay transparency laws could be coming…https://lnkd.in/gdJr3pMG. Here's what happens when salary is actually included in job listings- https://lnkd.in/gRQ9gaym. Microsoft Revealing Pay Ranges for Its Employees https://lnkd.in/gUZAE5WW. 7 Major Companies That Disclose Salaries in Job Postings https://lnkd.in/g9hZvxf4 There appears to be an appetite for posted...

Supply chains top CFO business risk concerns: "#1 - raw material costs" https://lnkd.in/gK2nRVUs It seems like Strategic Cost Management (i.e., Price Analysis) has become a lost art. Pre-covid: According to a Deloitte 2019 Global Survey of over 1,200 execs directly involved in cost mgmt, cost reduction remained an essential business practice all around the world, with the vast majority of surveyed companies (71%) planning to cut costs over the next 24 months (2020-22). Hmmm,...

The world’s 3,311 billionaires represent $11.8 trillion in wealth. The U.S. has 975 of the billionaires w/ a collective net worth of $4.45T. The bigger story: U.S. leads in total private wealth at $68 trillion, accounting for 32% of total global wealth & 36% of the world's millionaires. Is that even possible?...The US also experienced the greatest high-net-worth population growth of the world's 10 wealthiest countries by 'total wealth' (the W10) last year,...

Interviewing tips. If you missed it, this is cool (I think)…Google's "Interview Warmup" asks practice job interview questions, then gives feedback on your spoken answers. If you can’t practice w/ another human for an upcoming job interview, Google has a new solution: Talk to its computer. https://www.huffpost.com/entry/google-interview-warmup-job-interview-practice-questions_l_62967c7ae4b05fe694ed9e37 Also worth noting: @LinkedIn has a similar feature where you can practice by recording an answer to an interview question and 1) get immediate AI feedback,...

In 2021, America’s top 10% of income earners made at least $129,181 a year—more than 2x the U.S. avg. America’s top 10% works 4.4 hours more each week than those in the bottom 10%. Globally, the top 10% in 27 countries surveyed are actually working around 1 hour less each week than the bottom 10%. https://www.visualcapitalist.com/cp/charted-actual-working-hours-of-different-income-levels/ USA scores #14 on happiness. In general, the richest countries report being the most happy. But why isn’t the...

“There is no shortage of books critical of business schools. The titles leave little doubt about how much disdain the authors have for the schools meant to prepare future leaders in business. These books lament the failure of business schools to develop ethical business leaders & to address societal concerns." https://theconversation.com/business-schools-get-a-bad-rap-but-a-closer-look-shows-theyre-often-a-force-for-good-184921 Consider books like “Shut Down the Business School: What’s Wrong with Management Education,” or “Nothing Succeeds Like Failure: The...

That’s Detroit at #15! & Time Magazine just called Detroit one of the world’s greatest places. https://lnkd.in/da-X6sJs. Also, Detroit Ranked #1 Emerging Startup Ecosystem (globally?!). Detroit’s top ranking marks a 13-spot jump from the previous year, solidifying the city’s growth in early-stage funding and investor activity, number of scale-ups and unicorns in the ecosystem, IP commercialization and ability to retain talent. According to the report, Detroit also ranked first in GSER’s...