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How Ikea tricks you into buying more stuff

Source: The Hustle

On a recent Saturday afternoon, Alex Santos journeyed to his local Ikea with a singular mission: the procurement of a new Poäng chair. It was a simple in-and-out task. But 3 hours later, the 37-year-old IT manager found himself in the parking lot, slightly stupefied, with a shopping cart full of hand towels, throw pillows, and martini…

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Overcoming obstacles to effective scenario planning

Source: Mckinsey

To embed scenario thinking, organizations must institutionalize new mental habits and ways of working. This, our colleagues have argued, means that leaders must simultaneously instill a conviction that change is needed throughout the organization, role model the desired new behavior, reinforce processes and systems to counter bias, and ensure that the company acquires or builds…

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Top 10 tech trends that will shape the coming decade, according to McKinsey

Source: World Economic Forum

We’ll experience more technological progress in the coming decade than we did in the preceding 100 years put together, says McKinsey. And 10 tech trends will dominate this shifting landscape. Understanding the effects of this change can help avoid nasty shocks to the system, for both individuals and organizations. Businesses that are making the most…

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What Has the Stock Market Taught Us Since 2010?

It’s always different because markets are constantly changing. Investors have more information, better technologies, better tools, etc. Economies mature, governments change policies and the make-up of the market changes. It’s never different because human nature is timeless. To quote Jesse Livermore, “Speculation is as old as the hills. Whatever happens in the stock market today has happened…

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Which Country is the Most Affordable for Starting a Business?

Source: Visual Capitalist

Though some countries are cheaper than others for starting a business on the dollar, the picture changes when accounting for monthly income. When it comes to the cost of starting a business relative to monthly income, many developed countries take the cake. Countries for starting a business include the UK, Denmark, and Ireland in Europe, South Korea in East Asia,…

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How To Write A Competitive Resume In 2021

Source: Forbes

Tell me if this sounds familiar: You’ve been on the job search for a while. You’ve been coming across a lot of listings that you are interested in. You know that you have qualifications and the right profile for these jobs, but you’re just not getting any follow-through or calls back. The first thing to…

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