Archive for the ‘data’ tag
This is a chalkboard a friend of mine sent me from a coffee shop in England.
I’m keen on any kind of data, especially when I can pore over it with an ample supply of coffee. But what I like most about this is that the shop is explaining to customers (and employees) in real time how business is going, and how much they’re making.
It’s sort of like the 100 penny story: Your crew leader is complaining about how you never buy new equipment/pay him poorly/etc. So you sit down at your desk and pour out 100 pennies. You show him how many it takes to pay for wages, how much for overhead, how much for marketing. At the end of the story, you’ve (basically) organized your annual budget in tiny piles, and your crew leader has a better understanding of where all your revenue goes.
I hear from a lot of owners who say they wish their crews would think like more like them – worry about the P&L and understand how their actions in the field each day effect the company’s bottom line.
Something like this might not be a bad idea.
The Millennials will soon be your employees, suppliers and customers Here’s a visual guide to this new generation, compiled from data from the Pew Research Center.
Created by: Online Graduate Programs
The 2010 U.S. Census data were released yesterday, and it was the first to officially peg the nation’s population at more than 300 million. That’s a lot of people, and most of them are migrating (not surprisingly) to the Southeast and the West.
This is good news for companies in states like Nevada and Arizona, as they’ll continue to see an influx of potential new customers.
In an interview with NPR, Census Director Robert Groves says that these transplants — leaving the Midwest and Northeast to find warmer weather and easier winters — bring with them their own cultural practices. This means an affection for lawns, trees and plants.
It also bodes well for the GOP, which tends to mean good things for the business community. But it remains to be seen if the shifting population adopts the traditionally more conservative politics of the South and West.
This census was the first to count everyone in the country, not just citizens and legal immigrants. Groves said 40 percent of the nation’s growth could be attributed to immigration.
For an interactive display of the latest data and see how things are changing in your neck of the woods, click here.