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Great Depression 2020? (Part 2)

CaseInterview.com

I made the case (that I still stand by) that a collapse of the consumer banking system (in the 1930s) and the investment banking system (in 2008) would not be reasons why our current economy would go into a depression. To state the obvious, unemployed people with no income can’t buy things from businesses.

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We May Not Have a Clear Path, But We Each Have One

Harmonious Workplaces

In 1999, rock-and-roll legend Rikk promoted me within six months from sales associate and drum department head at Sam Ash Music to Operations Manager, where I not only led a warehouse crew, but I became the regional trainer on an Oracle-based POS system at the age of 23.

Hotels 52
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Great Depression 2020?

CaseInterview.com

I’ve been noticing that there are questions lately about what caused the Great Depression and whether we’re at risk of something similar in 2020. For context, I asked this exact same question in October 2008 at the start of the Great Recession. We were extremely close to a great depression in 2008. This is not true.

Banking 119
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Coronavirus: Leadership during a Crisis

CaseInterview.com

There was the Great Recession in 2008. My guidance has usually been in the context of a client seeing major drops in sales, engaging in layoffs, and redirecting the team in a productive direction (as opposed to being paralyzed by fear or working on their resumes). And now we are in 2020. There was 9/11 in 2001.

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How Companies Are Already Using AI

Harvard Business

My own firm released a survey recently of 835 large companies (with an average revenue of $20 billion) that predicts a net job loss of between 4% and 7% in key business functions by the year 2020 due to AI. Yet our research also found that, in the shorter term, these fears may be overblown. AI wasn’t new at Microsoft.

Company 37
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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business

Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. ZB by 2020. Will robo-advisors disrupt corporate capital allocation the same way they have personal capital allocation? 300 billion today.

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Tesla: Leading the Charge Toward Sustainability

Tom Spencer

The company has consistently pushed the boundaries of what is possible with EVs, starting with the Tesla Roadster in 2008, the first long-range electric sports car. Tesla has also implemented a unique direct-to-consumer sales model , bypassing the traditional franchise dealership system.

Energy 88