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Is Human Capital Fungible?

Human capital is a combined set of experience and skills, and for businesses to assign a monetary value to their people and talent. Most companies during the industrial revolution treated employees as fungible. Meaning, their skills and experience is easily replaceable. Let’s briefly explore how human capital evolved in each phase of technology eras. The…

Inflationary Pressure

We’re at the beginning of inflationary pressure, not the end. Below are some thoughts and predictions of what to expect rest of the year. Consumer price index (CPI) is the measure of average changes in prices over time that consumers pay for goods and services. It effectively helps us measure inflation. Historically, the US average…

Theater Work

Many companies have a clock-in, clock-out culture. They wrestle with trying to move the needle by keeping people busy. This is called theater work. Those long days, random meetings, Zoom calls with 10+ people in attendance but one person presenting… There’s no time left in the day for creative work. There’s no time in the…

3 Types of Corporate Cultures

We spend most of our awake hours working with our colleagues. Even more so than the time we spend with our loved ones. Having the right company culture is paramount to maintain a productive workforce.  A strong company culture is a competitive advantage for recruiting and retaining talent. Linguistically, a company is an organization of…

Root Cause Problems

A framework that I find helpful is the “5 why” framework. When dealing with a hard issue, try to dig deep and ask “why” at each level of depth. You can sometimes get to the root cause within 3 whys; certainly for simpler problems. Harder problems require further depth. Here’s a good story – teacher…

Days long; years short.

My daughter recently turned 10 months. Time feels like it’s moving at the speed of light.  Whenever we go out for meals, parents occasionally stop by our table to say hi to the baby and do small talk with us. No desired outcome; just parents connecting on kids. In one of our trips, a parent…