This is our last newsletter for 2017 and I thought I’d share a few resolutions that you might consider for 2018.
Automation continues to be a very significant factor in the loss of manufacturing jobs but there is still ample opportunity for workers to acclimate and thrive, as long as people are willing and able to change. Otherwise, it is likely that their earning potentials will unfortunately fall down the ravine of the U-shaped labor market.
We are entering the Experience Economy where customers are most interested in building memories, rather than in owning products or receiving a service. Economists and pundits alike are noting this major change in the business world to be as significant as the changes from an agricultural economy to the industrial age and from the industrial age to the service economy, which the developed world has traveled over the last two centuries.