Blog, YouTube & Content Monetization

As Jennifer Harris, director of the Economy and Society Initiative at the William and Flora Hewlett Foundation, has recently pointed out, we are at a particularly fraught moment. Rising inequality means that fewer people have spending power, creating incentives that sharpen the affordability crisis for everybody else. But there are remedies that don’t require draconian taxes and are proven to work—at their core is ownership. Since 1984, worker productivity in the United States has risen by 80%. Real wages have risen by 20%. The stock market, in the same period, has risen by roughly 9,000%. Now comes artificial intelligence—poised, in BlackRock CEO Larry Fink’s words,…

An inclusive economy is no longer a moral aspiration or a side project. Business leaders must understand that without inclusion, we cannot create a resilient, growing economy that delivers sustainable returns for all. In places where inclusion is part of the infrastructure of their economy—supply chains, procurement processes, capital access, or business ownership—people thrive. Inclusive economies create more resilience by expanding the base of potential business owners who can build, own, innovate, and hire. They allow more opportunities for homeownership and investing in the longevity of communities. As our economy becomes increasingly stratified and volatile, we n…

Nintendo’s hard-line approach to piracy has shut down a streamer who seemingly specialized in unauthorized content. Jesse Keighin has been ordered to pay Nintendo $17,500 in damages after livestreaming gameplay footage of at least 10 different games on at least 50 occasions before the games were released to the public. Included among those were Super Mario Party Jamboree, Mario & Luigi: Brothership, The Legend of Zelda: Echoes of Wisdom, and Pikmin 4. Keighin was served with takedown notices by Nintendo dozens of times for those streams. Yet he continued to air himself playing the games, encouraging viewers to support him on loco.gg, an Indian live-streaming a…

At the Consumer Electronics Show in early January, Razer made waves by unveiling a small jar containing a holographic anime bot designed to accompany gamers not just during gameplay, but in daily life. The lava-lamp-turned-girlfriend is undeniably bizarre—but Razer’s vision of constant, sometimes sexualized companionship is hardly an outlier in the AI market. Mustafa Suleyman, Microsoft’s AI CEO, who has long emphasized the distinction between AI with personality and AI with personhood, now suggests that AI companions will “live life alongside you—an ever-present friend helping you navigate life’s biggest challenges.” Others have gone further. Last year, a leaked…

The silhouette could not change. This was the main parameter guiding the designers and engineers at KitchenAid as they set out to upgrade one of the brand’s hero product, the stand mixer. Used by amateur and professional bakers for more than 70 years, the classic stand mixer is a staple of the kitchen appliance world, and much of its staying power has to do with the consistency of the product, which has changed remarkably little in all that time. Most notably, the mixer’s bowl-hugging form factor has defined it since the start. So when the company decided to integrate some new features and functions into an updated version of the mixer—the Artisan Plus Stand Mixer…

Home ownership is receding further out of reach for most Americans as elevated mortgage rates and rising prices stretch the limits of what buyers can afford. A homebuyer now needs to earn at least $114,000 a year to afford a $431,250 home—the national median listing price in April, according to data released Thursday by Realtor.com The analysis assumes that a homebuyer will make a 20% down payment, finance the rest of the purchase with a 30-year fixed-rate mortgage, and that the buyer’s housing costs won’t exceed 30% of their gross monthly income—an often-used barometer of housing affordability. Based off the latest U.S. median home listing price, homebuyers need to ea…

Americans can’t get enough chicken—brands like Raising Cane’s and Chick-fil-A have risen as fast-food superstars while others race to consolidate their spot as winners of the chicken sandwich wars. Now, Chili’s is entering the game in a big way. Value menus, a staple of chain and fast-food restaurants, bundle multiple menu items at a discounted price, giving customers a full meal without the full cost. Now, Chili’s—whose value meal includes an entrée, fries, a soda, and bottomless chips and salsa—is adding chicken sandwiches to the mix. “We’re setting our sights on fast food chicken sandwiches, offering our gigantic Big Crispy and Spicy Big Crispy chicken sandwich…

Any leader who steps into the role of CEO at an established company competes with the legacy of their predecessors. Only some of us are lucky enough to have had a mentor come before them, one who was as vested in their successor’s success as they were in their own. Jerry Lee, now a retired architect and executive director of our MG2 Foundation, was my CEO predecessor at MG2 and my mentor. Jerry has always understood growth as something far deeper than financial success. From the earliest days of his career, he learned that resilience and purpose come from how we show up for others. “Part of being generous,” he once said in a commencement speech at Washington State Uni…

California’s top insurance regulator said Tuesday that State Farm can soon start raising premiums by 17% for all of its home insurance customers in the state to help the insurer rebuild its capital following the Los Angeles wildfires. State Farm has argued the emergency rate hikes are necessary to help the company avoid a “dire” financial crisis that could force them to drop more California policies. The state’s largest home insurer said it was already struggling financially before this year but the LA fires, which destroyed more than 16,000 buildings in January, have made things worse. The increase will apply to all of the roughly one million homeowners State Farm insu…

A new year often starts with a simple question: How can we do better? For businesses, it’s a question that applies to almost everything, from product innovation to climate impact—an area of increasing urgency for many. The goal of achieving net-zero is now a staple of most businesses’ annual plans, however the journey there is often challenging. It can be fraught with hidden trade-offs, making it difficult for ESG leaders to know whether they are truly backing the right solutions in pursuit of their climate goals. Take aviation, for example. As one of the world’s most difficult sectors to decarbonize, its 2.5% share of global CO2 emissions represents a major chall…

When Chinese automaker BYD announced plans to build a massive factory in the hardscrabble city of Camacari, in Brazil’s northeastern Bahia state, locals saw a new beginning. After years of economic stagnation following Ford’s exit from the region in 2021, there was hope that the global leader in electric vehicles would bring back well-paying jobs and a brighter future. The timing seemed right. Brazil, the world’s sixth-largest auto market, is seeing a surge in EV sales—and BYD is leading the charge. For Camacari, the deal promised to fill the economic vacuum left by the American company, which had once been the city’s largest employer. Then plans went off track. A D…

Design-minded home goods brand Simplehuman recently released a product that’s a little out of its wheelhouse—a limited-edition tequila with distillery Nosotros. It may be the company’s first foray into spirits, but the brand already knows how to work with the Weber blue agave that made the tequila. The agave fibers on Simplehuman’s Soapwell sponge begin their life cycle by being pressed into Nosotros tequila at the company’s distillery in Tequila, Mexico. Nosotros then supplies its leftover agave fibers to Simplehuman. The $100 Nosotros x Simplehuman Blanco tequila is made out of that same agave, and was released to mark a year that Simplehuman has been spinning the f…

After raising billions in funding, vertical farming companies have struggled. Plenty, a Silicon Valley-based startup backed by investors including Jeff Bezos and Eric Schmidt, filed for bankruptcy in March. Bowery, which was once valued at $2.3 billion, shut down last fall. Another startup, Fifth Season, shuttered its automated indoor farm in 2022. AeroFarms, a pioneer in the space, declared bankruptcy in 2023. The basic business model—growing crops like leafy greens indoors on tall vertical towers—hasn’t proven that it can work. But AeroFarms, which raised an undisclosed amount of money after its bankruptcy and found a new CEO, has managed to turn itself around. The …

The feeling of “languishing” is likely relatable for many workers—even if they don’t quite have that exact language for it. And new research shows it’s not many workers who feel this way. It’s most. “What gets a little confused in people’s minds is that they assume languishing is almost like distress and mental illness,” says Oscar Ybarra, business professor at the University of Illinois Urbana-Champaign. “But it’s more like: I’m just kind of stuck. I’m not really engaged. I don’t know where I’m going.” Ybarra wanted to capture the malaise that employees often experience in the workplace, which doesn’t always rise to the level of mental illness. When he first pol…

If you have travel plans this weekend and don’t necessarily need to travel, you may be in luck. A massive winter storm is forecasted this weekend—dubbed Winter Storm Fern by the Weather Channel—and could bring crippling ice and heavy snow to more than 30 states stretching from Arizona to Maine. With some 230 million Americans potentially affected, many airlines are preemptively warning travelers about potential weather-related disruptions and offering travel waivers in advance. The major U.S. carriers have issued alerts to travelers with flights scheduled out of airports across more than 20 states, though the terms for changing your travel plans can vary significa…

Imagine you need to organize a meeting with people in Portland, Tokyo, and Sydney at the same time. Off the top of your head, what’s a time that’d actually work for everyone? Don’t feel bad if you’re befuddled. Time zones are confusing! You can try to memorize the time difference between different cities, but even that only works some of the time. Daylight Saving changes the time in some places but not others, for one thing—and in the hemisphere opposite yours, it changes it in the opposite direction. That’s why you shouldn’t try to schedule meetings across time zones off the top of your head. No matter how crafty you may be, there are just too many factors to kee…

Artificial intelligence isn’t just a technical challenge. It’s a relationship challenge. Every time you give a task to AI, whether it’s approving a loan or driving a car, you’re shaping the relationship between humans and AI. These relationships aren’t always static. AI that begins as a simple tool can morph into something far more complicated: a challenger, a companion, a leader, a teammate, or some combination thereof. Movies have long been a testing ground for imagining how these relationships might evolve. From 1980s sci-fi films to today’s blockbusters, filmmakers have wrestled with questions about what happens when humans rely on intelligent machines. These …

Today marks a milestone: my 250th “Playing to Win/Practitioner Insights” series post. Back on October 5, 2020, when I published the first piece in this strategy series, “The Role of Management Systems in Strategy,” I was simply responding to a client’s question and trying to provide practical advice on the often-ignored fifth box of the Strategy Choice Cascade. I had no idea that first post would be the launch of a series that reaches 263,000 people (at last count) on a weekly basis. It feels fitting for this 250th post to return to the original topic in Revisiting Management Systems: The Nervous System of Strategy. And as always, you can find all the previous Playing to …