2.6 Trillion Pounds of Garbage: Where Does the World’s Trash Go?

The typical person in a developed country produces about 2.6 pounds of garbage a day. That would mean the average American man, weighing 175 pounds, produces his weight in trash every three months.

Where does it all go??

The Competitive Advantage of Doing More With Less

The great 18th century American statesman, inventor, diplomat, and author Benjamin Franklin instinctively knew what so many of us in the modern world have for­gotten: frugality and industriousness are the ways to wealth.

After the last set of business scandals and financial busts, many powerful interests, from governments to multination­al corporations, are exploring how to do more with less. Businesses and individuals are seeking a realignment of fru­gality and prosperity in hopes of regaining their balance and securing their futures. This need for competitive frugality impacts the near future value of your home, your family, your firm, and your shared future.

Tried and True. One and Done. Learning From Failures.

One of the frustrations I experience is when managers or analysts share with me that their organizations tried to implement progressive management methods, and they either failed or abandoned them. A prominent example is an unsuccessful attempt to implement activity-based costing to measure and manage costs and profit levels of products, services, channels and customers. Other enterprise performance management examples include risk management, customer analytics, enterprise resource planning (ERP) systems and the balanced scorecard.

What causes these failures or the quick loss of interest?

How Does Predictive Analytics Work?

As any fortune-teller will assure you, predicting the future is an art as well as a science. And that truism applies as much to business decisions as to any other aspect of life. So on the one hand we can say that predictive analytics is a branch of statistics in which information extrapolated from historical data is applied to the projection of future conditions. That’s the science side.

On the other hand, we can say that predictive analytics is using information you do have to compensate for information you don’t have (yet), in order to make better business decisions. That’s the artful part, and it can depend as much on intuition and imagination as on algorithms.

Bringing the two sides together successfully is “what’s new” in the practice of predictive analytics.

The Economic History of the Last 2,000 Years in 1 Little Graph

That headline is a big promise. But here it is: The economic history of the world going back to Year 1 showing the major powers’ share of world GDP, from a research letter written by Michael Cembalest, an analyst at JP Morgan.

5 Myths of the Great Financial Meltdown

Five years after the U.S. economy teetered on collapse, here are five reasons why we need to stop pointing fingers and fix the problems that nearly sank us.

The Surprising Secret to Time Management

Many time management systems encourage you to waste time. Here’s a simple way to spend time more wisely.

9 Ways to Build Customer Trust

No one is going to buy from a person they don’t trust. Here’s how to build a better client relationships.

Customers don’t buy from people they don’t trust. Unfortunately, most sales gurus (including some that are quite famous) define selling as “convincing,” “persuading,” and “winning”–presumably with the customer being the convinced, persuaded loser.

No wonder so many people put up a barrier the minute somebody tries to sell them something!