Wharton’s Cait Lamberton breaks down the demise of fabric and crafts chain Joann and why it’s so challenging for legacy brands to stay solvent.…Read More Source: Knowledge @ Wharton What Joann’s Closing Says About the State of Retail
Professor Benjamin Lockwood explains how sin taxes influence consumer behavior.…Read More Source: Knowledge @ Wharton Do Sin Taxes Actually Work? | Ben Lockwood
Sales commissions act as a crucial lever to increase revenue and customers. But sometimes those incentives bring unintended consequences. New research identifies eight ways that salespeople across industries cheat or bend the rules to maximize their gain—often at the expense of the company’s bottom line and customer loyalty. Huntsman School of Business professor Timothy Read more about When Sales Incentives Backfire[…]
When strategic resilience is embedded in risk management, disruption can become a means for growth. Source: McKinsey From crisis management to strategic resilience: Lessons from the auto industry
Reducing emissions in Tier 2 production is one of the fashion industry’s most complex challenges. Six actions can help make industry players more sustainable. Source: McKinsey Sustainable style: How fashion can reduce Tier 2 emissions
Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win. Source: McKinsey The Read more about The McKinsey Crossword: “Play Ball!” | No. 224[…]
More than 95% of retirees would benefit from the tax exemption, but future generations and the macro economy would be worse off, according to a Penn Wharton Budget Model analysis.…Read More Source: Knowledge @ Wharton Eliminating Taxes on Social Security Benefits: Who Gains and Who Loses?
Wharton’s Leon Musolff explores how default settings shape Google’s dominance — and why exposing users to alternatives could boost competition in search.…Read More Source: Knowledge @ Wharton Why Google Dominates the Search Engine Market
Employees are ready for AI. How can their leaders help them unleash new levels of creativity and productivity? Source: McKinsey Making AI work for workers
Spain could support the decarbonization of the transport sector by manufacturing renewable molecules and could lead as a European sustainable fuel producer. Source: McKinsey The Iberian green industrial opportunity: Sustainable fuels