Day: February 6, 2024

32nd Annual Study of Logistics & Transportation Trends: Navigating a Shallow Pool of Resources…”For the 2nd year in a row, a mere 19% of professionals are highly likely to encourage their child or the child of a close friend to pursue a career in transportation or logistics. When asked why they would not recommend a career in logistics and transportation, participants cited concerns about career progression, work-life balance, salary prospects,...

Should You Give Up Your Salary and Go to Grad School? Well, that darn MBA degree still has a great ROI…“Over their lifetime, an MBA grad can expect to earn $3M more than someone w/ only a bachelor’s.” Great ROI!?…At about 98% of universities that offer MBAs, grads typically made more money 2 years out of school than they had borrowed. That stands in contrast to law schools, where roughly...

Yes, AI will take notes for college students (but you still have to study the notes). https://www.instagram.com/reel/C0SuPUOsuD5/ This college professor spills 6 secrets that every freshman should know: https://lnkd.in/gseeR7qe. Check out #3. You need to study even harder outside the classroom (30–45 hrs/week!). For every hour in class, college students are expected to spend another 2–3 hrs studying. This means if you are a full-time student taking 15 credits, you should...

2024 Top 10 Supply Chain Trends?… 2024 Top 10 SCM Trends…ASCM's Top 10 Supply Chain Trends in 2024From Artificial intelligence (AI) to Risk management, ASCM reveals it's predictions for the biggest supply chain…www.ascm.org Common theme: BIG DATA is not going away (agreed), BUT one must understand why/when certain data formats create more value. Many of our supply chain students get a minor in Business Analytics & we actually teach a...

Another college ranking…The Best Colleges for Future LeadersTIME and Statista have named 100 colleges shaping U.S. leaderstime.com https://time.com/collection/best-colleges-for-future-leaders/?source=post_page-----f469dc2322c7-------------------------------- “A degree from an elite university doesn’t guarantee success. But in U.S. society, success is a good indicator you went to an elite university. TIME & Statista analyzed the resumés of 2,000 top leaders in the U.S. — politicians, CEOs, union leaders, Nobel winners, and more across sectors — to assemble a...

Do you want to buy a business? Succession is an often overlooked supply chain risk. Baby boomers are retiring in droves, which is driving consolidation in supply chains by private equity. For those looking at the reward side of the equation, there has not been a better time to acquire a business in the supply chain space. If you are interested in learning how you can acquire a business in...

Now, 2023: Starting w/ this fall’s 8th grade class, financial literacy is now part of Michigan’s high school graduation requirements. https://www.visualcapitalist.com/personal-finance-requirements-by-state/ https://lnkd.in/gXdf6pvr. Note: It is ½ of 1 credit. Michigan’s legislation requires that all high school students take a “HALF” credit course in personal finance before they graduate. FYI, we make every business major take FIN 3200 (& I think every business major should learn how to talk to a...

For a list of employers with 100% remote jobs, see: https://lnkd.in/g6cq-S6E. Beware:Young people who work remotely are 'probably not' going to become corporate CEOs, an NYU business…Gen Z workers who reject corporate life and hustle culture will not reap the same "financial rewards" as others, NYU…www.yahoo.com https://www.yahoo.com/news/young-people-remotely-probably-not-154352191.html?source=post_page-----4f0bf8c89372-------------------------------- When in the job interview process do you disclose that you only want to work remotely? https://lnkd.in/ggqZ8xbZ. It is becoming increasingly common for our graduates...

I have been trying to explain Supply Chain Management to high schoolers. It’s not that easy. Parents like to see this: the number of US job postings for supply chain managers on LinkedIn more than doubled between 2019 & 2022: https://lnkd.in/gyWH5gxt. The U.S. supply chain accounts for 37% of all domestic jobs, according to the Harvard Business Review: https://lnkd.in/gbV_aMT7. WMU SCM grads have a median wage range of $65-$75K. https://lnkd.in/dkGr4_uX. Good ROI, right?...

Students: Thousands of new internships posted, to name a few — https://lnkd.in/gVsHEZxz & https://lnkd.in/gRKmr7QE & https://lnkd.in/gmMH5myb. What do internships pay (never work for free)? The going rate appears to be $18–30/hr. See: https://lnkd.in/g6CH_pYv & https://lnkd.in/g4znXYHu. Being job ready in the post covid market & beyond. https://lnkd.in/eZGZbkP & https://lnkd.in/g8cAcBh3. https://www.visualcapitalist.com/cp/average-internship-salary-us-state/ Prepping for a job interview? Here’s how to answer ‘What is my biggest weakness?’ Demonstrating self-awareness during an interview is huge. I tell my students to always answer the “what is your...