Month: February 2024

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...

Biden will convene his new supply chain council and announce 30 steps to strengthen U.S. logistics: https://lnkd.in/gKbkNhpE. Do not forget where most of the supply chain is: Small Businesses — get ready for another supply chain disruptor: no succession planning. Also, from the HBR article: “The U.S. has an opportunity to do more than just get its supply chains back on track. It can prevent future disruptions by fundamentally improving how...

In case you want to see what we cover in our AI course, see the screenshot below. We are expanding this list in spring. Our analytics faculty are on top of this AI wave. They have already built an AI course in our business college (CIS 5550) to cover all kinds of AI for business applications. After this course, AI embedded modules in existing courses will be added. Hmm…“American college...

“Walmart deployed AI-powered negotiations software w/ a text-based interface (i.e., a chatbot) to connect w/ suppliers.” https://lnkd.in/gF5qT_im. “Walmart, like most organizations with large procurement operations, can’t possibly conduct focused negotiations with all of its 100,000-plus suppliers. As a result, around 20% of its suppliers have signed agreements with cookie-cutter terms that are often not negotiated. It’s not the optimal way to engage with these “tail-end suppliers.” But the cost of hiring...

Well, another college rankings post. Source: U.S. News & World Report. Well, another college rankings post. Source: U.S. News & World Report. https://www.visualcapitalist.com/ranked-americas-best-universities/ USNWR also did one for Supply Chain Mgmt (undergrad): https://lnkd.in/giMYXfR5. Note, in these rankings, multiple schools do NOT actually have undergraduate degrees in SCM. For example, correct if I am wrong, but:MIT does NOT offer a specific undergraduate degree in supply chain management. However, MIT’s Sloan School of...