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U.S. Labor Department reports that consumer prices are 5% higher in May 2021 over May 2020.

Strategic Movements June 2021

By Tim J. Smith, PhD June 17, 2021

Strategic pricing movements for June 2021: inflation reports consumer prices are 5% higher in May 2021 over May 2020, Campbell Soup Co. (CPB) is raising prices to offset higher costs, Ford is developing the all electric F-150 Lightening truck, corn and chicken prices are way up.

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Strategies for being effective in committees

Making Committees Work for You

By Tim J. Smith, PhD May 18, 2021

How do you get things done in a committee? We join many committees for many reasons, but generally we join them for…

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The post-COVID economy is driving rapidly increasing demand, but companies are having trouble re-building workforces

Workers Are Hard to Find Right Now

By Nathan L. Phipps May 18, 2021

A mixture of increased vaccination rates, fiscal stimulus, and the relaxation of business restrictions is leading to increased spending throughout the U.S.…

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Commodity workplaces will find the current labor shortage even more challenging than businesses that can command premium talent

Is Your Workplace a Commodity?

By Kyle T. Westra May 18, 2021

Fire Fast—Then What? It is common advice for employers to react with decisiveness to a recession. Lay off those you need to…

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Brand managers need to beware political tribalism

Brand Managers Beware of Political Tribalism

By James T. Berger May 18, 2021

Brand tribalism has become so intense it can peril products that lean then “wrong” way, according to a survey done by Savings.com,…

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What Do Hiring Managers Look for When Hiring Pricing Professionals?

The Makings of a Pricing Professional

By Tim J. Smith, PhD April 16, 2021

The Makings of a Pricing Professional What does it take to become a pricing professional?  What do hiring managers look for in…

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Pricing professionals must be adaptable and be prepared to adjust pricing in response to changing market conditions

When Pricing, Adaptability is Useful

By Nathan L. Phipps April 16, 2021

Life is transient. So, adaptability certainly helps. Earlier this week, I found myself reflecting on a recent project. A client was about…

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The National Academy of Science Conduct Research on Pervasiveness of Negative Messages in the News Media

The Power of “NO”

By James T. Berger April 16, 2021

If you think there is nothing but bad news, you’re not wrong. A recent study encompassing 1,000 people in 17 countries (from…

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J.M. Smucker Co Announces 2021 Price Increases

Strategic Movements April 2021

By Tim J. Smith, PhD April 16, 2021

Price Check on Kimberly-Clark Again… Kimberly-Clark, maker of Kleenex, Cottonelle, Scott paper products, Huggies, Depends, and Kotex, plans to raise prices by…

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Carol Tomé, CEO of UPS, made the choice to focus on profits, and it is paying off

Carol Tomé Shifts the Focus

By Tim J. Smith, PhD March 19, 2021

Which do you want: Market share or profits?  Growth at all costs or profitable growth?  To be big or to be profitable?…

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