Category Archives: Core Renewal

220. Election Polls, Smart Risks and Dumb Mistakes

Lessons from Bad Polling Forecasts

Massive money was spent on polls and flipping Republican senate seats. Alas, no Blue Wave happened. Key lessons:

  1. Models – based on past results for a complex, ever-changing system – don’t accurately predict the future.
  2. Money wasted on “dumb bets” (like the $300MM democrats spent trying to flip 5 Republican senate seats unsuccessfully) can’t also be invested into smarter risks.
  3. If you want to get rich, you must have vital information – about stable systems – that no one else has and upon which you can act.

Continue reading 220. Election Polls, Smart Risks and Dumb Mistakes

218. Redesign Warehouse: Value Productivity and Pay Or Lose

Warehouse Wage-War News

What’s driving this hourly-labor, news stream?

  1. Oct 2018: Amazon (which sets the bar) upped the ante for warehouse workers (and Delivery Partner drivers) to $15/hr. plus benefits. And, Bernie Sanders applauded!
  2. July 2019: AMZ announces a $700MM training budget to advance, self-selected warehouse workers to: better, technical-jobs, career paths.

Continue reading 218. Redesign Warehouse: Value Productivity and Pay Or Lose

210. The Future is Easier to Understand in Your Own Back Yard

(This week’s blog is from a frequent collaborator, Bill Wade: a career distribution expert especially for heavy duty truck and automotive parts.

Amazon is expanding US fulfillment capacity by 50% in just 2020 as they drive towards 12-hour delivery in a 24-hour day. They are doing heavy build outs in target cities including Bill’s hometown of Chicago. Parts distributors of all types will feel the heat.)

Continue reading 210. The Future is Easier to Understand in Your Own Back Yard