Featured Article

Strategic Movements January 2023

By Tim J. Smith, PhD January 18, 2023

Penske Automotive Group Pricing Spine-o-meter: 2 of 5 Vertebrae Penske Automotive Group, a multinational firm with major operations in retail automotive and retail commercial trucks (lorries), had a survivable Q3 2022. Revenue increased 6.5% while earnings before taxes declined 1.9%. To understand what led to this performance, we reviewed their earnings call held on 26 October 2022. Management spoke regarding the unique challenges in the retail automotive and truck industry at that…

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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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