Discover articles, blog posts, white papers, and insights from the team at Pepper Foster. Our team of experts, thought leaders, and industry professionals share their insights and opinions on everything from the latest trends in technology and business to personal growth and development.
Blog Post
In April 2023 the IMF stated that China will become the world’s largest economy within 5 years. America’s place at the top is coming to an end and the economies of other developing nations are catching up to the world leaders rapidly. How is your business positioned to adapt to that new reality?
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Consumer behavior is often driven by the human desire to communicate status and wealth. But the status symbols of the new generations are very different from those of prior generations. Increasingly status is shown not by material possessions but by political and cultural alignment. By time and flexibility rather than money. By an online profile and persona rather than a real-life one.
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Every generation of leaders and workers wants to make an impact and do things differently. But in reality, there are very few new ideas and most new ideas are a rebranding of old ones, even in technology. So, make sure that while you are chasing the latest trend, you don’t also throw the baby out with the bathwater.
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Most US business economic models are predicated on an assumption of free overtime. However, newer generations of workers and leaders are prioritizing family and mental health and refuse to work free overtime, even if that means their careers will stall. For them, it’s not worth it. So, how will your business survive with the same cost of labor but 20% fewer hours?
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Over two million people left large urban counties between July 2020 and July 2022 and moved to the burbs and rural communities1 Many of those people have bought houses, settled into their new lives, and, especially now that interest rates have increased, are extremely reticent to move back to the cities, or even take on a regular commute.
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Globalization has had enormous positive and negative impacts on economies, populations, and businesses across the globe. Some of the negative aspects have led to the increase in nationalism and country-first political movements. Fueled by COVID-driven supply chain fragility, these movements have led many governments and businesses to start decoupling their economies and supply chains from other nations. A decoupling that dramatically increases the likelihood of global conflict and trade wars.
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The gap between strategy and execution is huge. The people who are good at creating strategies are often lousy at executing them. That’s where STRATX comes in. STRATX is a methodology that leads you through the refinement and communication of your strategy so that it's actually executable in the culture and realities of your organization.
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Climate change is disrupting supply chains, creating political turmoil, impacting facilities and markets, and driving consumer behaviors. Whether you fight it or not, regulation designed to mitigate and/or slow down climate change is coming and it will impact your business.
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Meet Nate Caskey, Pepper Foster Consulting’s newest member and our partner in charge of the Minneapolis–St. Paul office.
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Success Story
Truck manufacturer prioritizes customer experience, establishes CX organization, and lays foundation for success.
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Portland and Oregon deemed feasible to host the Summer Olympics; gaining support from local organizations.
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Company's leadership aligned on growth strategies, leading to improved financial performance and long-term sustainability.
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Market research guided software company's product vision, enabling strategic decisions aligned with corporate strategy.
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Non-profit health insurance organization selects and implements new procurement software system on time and under budget.
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Education services firm successfully develops and implements comprehensive IT strategy for growth and consolidation.
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