Share to Twitter Share to Linkedin The state of Montana has a wealth of riches to draw in newcomers, including four full seasons offering a wide range of outdoors activities, no traffic, a low cost of living, and friendly people, to name just a few. Now a consortium of government, academic and business leaders in the state, including the Montana Manufacturing Association under the Montana Chamber of Commerce, has been working for the past few years on a collection of other attractions to draw one specific kind of newcomer to Big Sky Country: manufacturers. While Montana already has over 4,100 manufacturing companies with over 21,400 employees generating $3.8 billion in economic output, state leaders see a lot more opportunity in that sector. “We’re leaning into our state’s strengths with our western lifestyle, entrepreneurial spirit and high-quality education system that is nimble and responsive to evolving workforce needs,” explained Todd O’Hair, … [Read more...] about Bozeman Landed Hyundai’s New Horizons Studio R&D Center. Now Montana Is On The Hunt For More Manufacturing
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The Worst Bond Year Ever Was 2022 – What Does That Mean For You?
Share to Twitter Share to Linkedin According to the Barclay’s U.S. Aggregate Bond Index, 2022 was the worst year in since they started recording in 1976 for bonds. Since 1976 in fact, we’ve only have 5 negative years in the bond market. Last year, 2022, was historically bad – down 13%. Why was it so bad and what does it mean for you? Why Was The Bond Market So Bad In 2022? To understand why the bond market was so awful last year, it helps to know that bonds and interest rates are inversely related. Bonds are mostly flat-rate bonds, meaning that when they are issued it s with a flat interest rate that is paid over the life of the debt security. So for example if you own a bond paying a flat 2% and the current interest rate, which is what new bond issues are based on, are at 5%, why would anyone buy the 2% bond? They would buy it only when offered at a discount. When you hold a bond to entire maturity, the daily value fluctuates based upon credit quality … [Read more...] about The Worst Bond Year Ever Was 2022 – What Does That Mean For You?
How To Win Over Your New Customers
Share to Twitter Share to Linkedin By Chris Christoff, co-founder of MonsterInsights , a leading plug-in for Google Analytics. Business leaders and marketers around the world are in a never-ending struggle to retain their customers. It’s no longer enough to convince someone that a product or service is worth an initial purchase. Instead, you must give users reasons to stick with your brand after their order. Returning customers spend more, view brands as more trustworthy and are more likely to tell friends and family about their experiences. In other words, retention is about more than keeping one customer; it’s about cultivating a community of people who trust and respect your business. There are quite a few ways you can create a top-notch customer experience and win over people from the moment they place an order on your website. Today, we will explore four strategies that can help you boost your retention rate and sales. Let’s dive in! … [Read more...] about How To Win Over Your New Customers
Boeing’s New Customer Driven Supply Chain
Share to Twitter Share to Linkedin Back in December the appointment of Ihssane Mounir as Boeing Commercial Airplanes’ new SVP of Supply Chain XCN2 & Fabrication caught my eye for one reason: he truly knows the customer. Who Better to Reinvent Commercial Aircraft Delivery? Although hired as an aerodynamics engineer in 1997, most of Mounir’s Boeing career has been in sales and marketing. This includes not only “ stealing the Paris Air Show ” in 2019 from rival Airbus with a huge order from British Airways and driving the company’s sales back after the 737MAX crisis, but also helping guide Boeing’s airline customers through the travel rollercoaster of COVID. His success as SVP of Commercial Sales & Marketing for six incredibly tumultuous years proves that he can solve complex problems with a rare combination of customer-centric thinking and operational chops. The timing is critical too, as commercial air travel is rebounding strongly, … [Read more...] about Boeing’s New Customer Driven Supply Chain
Korean design jumps on the K-history bandwagon with traditional motifs
"Good Luck Fish," lifestyle brand 2nd universe's updated version of the dried pollack tied with silk yarn tradition [2ND UNIVERSE] The city of Seoul has a fantastic collision of old and new. In between its modern buildings, the city boasts beautiful ancient palaces and traditional houses that harmonize with nature. Trendy buildings these days seem to be bringing that power of Seoul’s contrasting beauty into their designs as many of them have fused the modern with the traditional, like the renovated hanok (traditional Korean building) cafes in Samcheong-dong, or newer buildings that feature traditional Korean designs. Whatever the method may be, the vibe is still very natural, boosting the understated charm that represents Korea's capital city. Branching off of these efforts, many brands are taking on the challenge of mixing and matching traditional Korean elements while still staying up-to-date on trends. The following is a selection by the Korea JoongAng Daily of local … [Read more...] about Korean design jumps on the K-history bandwagon with traditional motifs
KT reopens its CEO candidacy. Again.
KT CEO Ku Hyeon-mo speaks during a New Year's greeting event held at the company's office in Songpa District, southern Seoul, on Jan. 2. [KT] KT decided to reopen the candidacy for its CEO post in a board meeting Thursday, restarting the candidate review process from scratch. This is the second time that the candidate selection process for the top post has restarted. The latest announcement came after the National Pension Service (NPS), the largest shareholder of KT, voiced opposition to the telecom company’s decision to select incumbent CEO Ku Hyeon-mo as the final and only candidate for the post in December. “The board of directors decided to restart the process for CEO appointment through an open competition,” said KT in a release Thursday. Ku is expected to contend with other competitors. The application window will be open from Friday to Feb. 20. Internal directors of the company will not take part in the candidate review, and information regarding the screening … [Read more...] about KT reopens its CEO candidacy. Again.
Why Northeast Asia-Ex China Is Ambivalent About CBDCs
Share to Twitter Share to Linkedin China’s launch of the digital yuan has prompted a scramble in Northeast Asia among central banks to assess the merits of CBDCs. Japan, South Korea and Taiwan are all at different stages of CBDC testing that they likely never would have begun if it were not for Beijing’s determination to develop a digital fiat currency. That begs an important question: Does the rest of Northeast Asia need CBDCs? After all, the respective initiatives of Japan, South Korea and Taiwan are inherently reactive, in contrast to Beijing’s proactive approach. The People’s Bank of China (PBoC) created the e-CNY for specific reasons that speak to long-term strategic objectives of the central government: domestically, to strengthen resilience in a payments ecosystem dominated by Big Tech (Alipay and Tenpay) and gain greater control over the digital money supply, while in the cross-border space the aim is to gradually boost the renminbi’s global reach … [Read more...] about Why Northeast Asia-Ex China Is Ambivalent About CBDCs
3 Ways To Plug Your E-Commerce Company’s Revenue Leaks
Share to Twitter Share to Linkedin A recession is likely (though not yet certain) in the months ahead. In these periods of uncertainty, it’s difficult to count on things like steady revenue and predictable growth. Instead, leaders are looking for ways to batten down the hatches. It’s tempting to take an axe to common “expense boogeymen” like marketing or consider layoffs. But these are dramatic activities that can leave your company hamstrung when the dust settles, and business gets back to normal again. Instead, start by cleaning things up. Here are some ways you can plug leaks and optimize activity to hone your e-commerce revenue. 1. Tap Into Your Data Every business has access to copious amounts of data. It’s inherently built into most software solutions, both as a primary and secondary feature. On the one hand, if you use an app like Google Analytics, the entire platform exists to capture data on different e-commerce platforms. From … [Read more...] about 3 Ways To Plug Your E-Commerce Company’s Revenue Leaks
KT CEO named to position on Broadband Commission
KT CEO Koo Hyun-mo. [KT] KT CEO Koo Hyun-mo was appointed a commissioner of the Broadband Commission for Sustainable Development last week, the telecom company announced Sunday. KT said Koo will be using his expertise in ICT in his new job as commissioner. His term is two years. Established by Unesco and the International Telecommunication Union in 2010, the Broadband Commission for Sustainable Development is a global body promoting the importance of broadband on the international policy agenda and expanding broadband access around the world. Koo is the only Korean among 58 commissioners. Some of the others are seconded from Facebook, Microsoft and Nokia, according to KT. To mitigate the impact of the Covid-19 pandemic, the commission set three key goals: resilient connectivity, affordable access and safe use of online services for informed and educated societies. “I feel a heavy responsibility being appointed a commissioner of the Broadband Commission for Sustainable … [Read more...] about KT CEO named to position on Broadband Commission
Fintechs Say They Can Speed Up The Stimulus, If The Government Just Lets Them
Share to Twitter Share to Linkedin As the U.S. government tries to soften the blow of the coronavirus and prepares to send $1,200 to millions of Americans , fintech CEOs have stormed Twitter with messages for lawmakers. “The technology exists to get money to most people today (even to those without bank accounts). Square and many of our peers can get it done. US government: let us help,” Square CEO Jack Dorsey said on March 26. Twenty minutes later, Plaid CEO Zach Perret chimed in , “Let fintech help.” Payroll processing company Gusto spoke up the next day, writing , “We're urging the U.S. government to partner with payroll platforms so we can create an instant pipeline to get relief funds to small businesses—within 24 hours.” Fintech companies have built fast, nimble systems for moving money. But the reality of how these government partnerships might work is much more complicated and requires a close look at the details. For … [Read more...] about Fintechs Say They Can Speed Up The Stimulus, If The Government Just Lets Them