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Inflation: Understanding its Impact on the Economy

Tom Spencer

Since 2008, the rate of inflation in the U.S. Starting in 2021, however, America has experienced inflation rates of up to 9%. Inflation, which refers to a general increase in the price of goods and services, results in a reduction in the purchasing power of money over time. remained stable, at or below the Fed’s 2% target.

Policies 147
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A New Quest for Consultancy: Transitioning from Just-in-Time Logistics

Tom Spencer

For instance, in the lead up to the 2008 Great Recession, McKinsey actively promoted mortgage securitization , alongside EY which was involved with Lehman Brothers’ accounting fraud allegations [pdf]. The 2008 meltdown highlighted harmful practices in the financial sector, such as credit default swaps and collateralized debt obligations.

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

Harmonious Workplaces

In 2009, the recession from 2008 forced me to pivot, sell the business, and reenter consulting full-time. In 2021, Dr. Casey DeBruyn recommended, based on my interests and the content of my schoolwork, that I consider organizational development (OD) and change management as career paths in consulting.

Hotels 52
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Cybersecurity 101: How to defend against cyber-attacks

Tom Spencer

Cybersecurity Ventures, a US research firm, predicts that cyber-attacks “will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015” ( PwC, 2018 ). Cybersecurity is important partly because of the huge costs that cyber-attacks can impose on governments, businesses, and consumers. So, why is data on devices prone to attack?

How To 105
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Transformational Leadership: Changing Culture to Fuel Financial Success

Organizational Talent Consulting

According to the Business Roundtable, made up of the CEOs of 181 largest corporations, the principal purpose of a corporation is no longer only to maximize shareholder return (Business Roundtable, 2021). Inequity and discrimination result from failure, one person at a time, one action at a time (Greenleaf, 2008). McGraw-Hill.

Culture 52
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How to Work Together When You Don’t Agree

Organizational Talent Consulting

Commit and act on these four strategies. I might be wrong, but I think you will like the results. References: Behfar, K. Peterson, R. Mannix, E. & Trochim, W. The critical role of conflict resolution in teams: A close look at the links between conflict type, conflict management strategies, and team outcomes. New York: Bibliomotion, Inc.

How To 52
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How to Identify and Accelerate the Right Leadership

Organizational Talent Consulting

Top CEO challenges 2021: 4 key trends in leadership. A massive opportunity for accelerating leadership development is achieved by leveraging high-quality coaching aligned with organizational and leader's developmental readiness. What's the real challenge you face with building a strong leadership pipeline? References: Avolio, B. Gurdjan, P.,