Featured Article

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? I often hear “we want both.” Unfortunately, you can’t have both. Business strategy and economics are about tradeoffs. You will have to choose. CEO Decision: Pricing Goals More specifically, the CEO must choose. This is a CEO decision. It affects shareholder relations, investment decisions, and stock value. It even determines…

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In This Issue

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Moving Forward
Prognostication about the digital future

By Tim J. Smith, PhD January 10, 2002

Since we have entered the time for prognostication, I offer these visions of the digital future. We all know the e-tech bubble…

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Power Risks California Power Problems Caused by Dumb Regulation, Not Deregulation

By Tim J. Smith, PhD February 5, 2001

Recent news concerning power outages have been of dour amusement for this Chicagoan. Once again, a subset of people (read: the state)…

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The Next Disruptive Technology – Distributed Generation

By Tim J. Smith, PhD September 25, 2000

Is Enron coming for lunch? Introduction The past three decades have offered ample evidence of the ability of disruptive technologies to create…

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Industrial Non-Equilibrium Dynamics

By Tim J. Smith, PhD May 30, 2000

Economic transactions and industrial reorganizations are akin to the evolution of a complex system punctuated with periods of equilibrium and non-equilibrium dynamics.…

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