The ART Of Business en Andrew R. Thomas' Blog has Moved! <div class="node-body blog-body"><div></div>Read Andrew R. Thomas' latest commentary on IndustryWeek's Ideaxchange....</div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Mon, 06 Apr 2015 15:01:00 +0000 164051 at The Death of PowerPoint? Let's Sure Hope So <div class="node-body blog-body"><div></div><p>You might be able to divide human progress between the pre and post PowerPoint era.</p> <p>Before the creation of this most hideous of &ldquo;advancements,&rdquo; our ancestors came together and spoke, listened, argued, cried, and laughed.</p> <p>First was around the warmth of a fire. Then, later, in places such as the western side of Athens near the hill of Colonus, where Plato set up his Academy; and the Roman Senate, boisterous and alive with passionate debate.</p> <p>In the pre-Guttenberg era, hand written manuscripts of Lucretius and Aquinas broadened the mind.</p></div> <p><a href="" target="_blank">read more</a></p> Leadership The ART Of Business Fri, 27 Feb 2015 14:00:00 +0000 161071 at Where the Smartest People Work <div class="node-body blog-body"><div></div><p>One of my students, a soon-to-be MBA graduate, asked me a great question recently: &quot;Where do the smartest people work in America today?&quot;</p> <p>Puzzled, I requested her to clarify.</p> <p>She said, &quot;If I wanted to work around the best and brightest people, those who are on the cutting edge, making it happen, where should I go?&quot;</p> <p>I thought about it for a moment and gave her my response.</p></div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Sun, 01 Feb 2015 15:10:00 +0000 158751 at Timeless Lessons from the Manhattan Project <div class="node-body blog-body"><div></div>Leaders and managers can learn a lot from the success of the Manhattan Project</div> <p><a href="" target="_blank">read more</a></p> Leadership The ART Of Business Sat, 03 Jan 2015 17:16:00 +0000 156731 at The Biggest Surprise About $2 a Gallon Gas <div class="node-body blog-body"><div></div><p>Reading is a large part of what I do for a living.</p> <p>Each day I have the opportunity to spend 2-3 hours going through books, trade journals, magazines, newspapers and digital outlets.</p> <p>In the coming weeks, many of these publications will be filled with &ldquo;expert&rdquo; predictions about what we should anticipate for next year and beyond.</p> <p>The overwhelming number of those forecasts will be quite wrong.</p> <p>It jives with what Nobel Prize-winning economist Daniel Kahneman observed about predictions:</p></div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Sun, 07 Dec 2014 14:47:00 +0000 155101 at A Local Alternative to the Amazon Trap <div class="node-body blog-body"><div></div><p>I have written extensively here about how the manipulated control of a manufacturer&rsquo;s products by Mega-Customers has become one of the most powerful factors in business today.</p> <p>In our previous book <a href="">THE DISTRIBUTION TRAP </a>and our forthcoming one, THE CUSTOMER TRAP: AVOIDING THE BIGGEST BUSINESS MISTAKE, Tim Wilkinson and I argue that concentrated commoditization occurs when a Mega-Customer is able to dominate the products and brands of those companies who innovate and create within a given industry.</p></div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Sun, 02 Nov 2014 14:54:00 +0000 152181 at Let's Stop Scaring Ourselves to Death <div class="node-body blog-body"><div></div>We are not biologically wired to deal with the 24/7/365 news media. It is scaring us to death.</div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Sat, 18 Oct 2014 13:32:00 +0000 151081 at War Drums Get Louder in Eastern Europe <div class="node-body blog-body"><div></div><p>While much of the world&rsquo;s attention is once again on the Middle East, we should not lose focus on Eastern Europe.</p> <p>In recent weeks, the rhetoric has ratcheted up, and so has the movement of troops and supplies.</p> <p><a href="">As Russia continues to pour more military assets into the newly-annexed Crimea</a>, concerns are that a bigger push into Ukraine and, possibly, Moldova may follow.</p></div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Fri, 19 Sep 2014 13:47:00 +0000 148691 at Apple Now in Walmart's Distribution Trap <div class="node-body blog-body"><div></div><p>Over the years, I have written in this space how a Megacustomer (one that equals more than 10% of a firm&rsquo;s total revenue) will ultimately capture the lion&rsquo;s share of value from its supplier.</p></div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Sat, 13 Sep 2014 14:20:00 +0000 148171 at Why No One Will Ever Understand the Supply Chain <div class="node-body blog-body"><div></div><p>The daily struggle of keeping things moving forward makes it difficult to take a step back and appreciate the wonder of business and the supply chain.</p> <p>In 1958, Leonard Read published<strong> <a href="">a short and elegant essay</a></strong> about a nondescript pencil.</p> <p>&quot;I, Pencil&quot; is written in the first person from the point of view of the pencil.</p></div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Fri, 22 Aug 2014 14:50:00 +0000 146251 at The Cracks at Wal-Mart Get Even Deeper <div class="node-body blog-body"><div></div><p>I&rsquo;ve been writing for 15 years that the Wal-Mart model is unsustainable; and, will ultimately cannibalize itself.</p> <p>Recent news that the president of its U.S. operations was replaced confirms the process is well underway.</p> <p>Wal-Mart grew on fundamentally three pillars:</p></div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Sun, 27 Jul 2014 13:58:00 +0000 143981 at <p><em>Daniel Aguilar/Getty Images News</em></p> The 21st Century: American Ascendancy <div class="node-body blog-body"><div></div><p>As we celebrate Independence Day, let&#39;s remember, as Bruce Cumings points out in his seminal work<a href=""> <strong><u>A Dominion From Sea to Sea</u></strong></a>, that America<em> is </em>a unique place.<br /> <br /> It is the only truly continental power in human history, with vibrant costal regions on each of the planet&#39;s biggest oceans; and, a dynamic Middle Region that houses the greatest industrial machine ever.<br /> </p></div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Fri, 04 Jul 2014 16:36:00 +0000 141831 at Are Russian and Saudi Oil Behind the Crisis in Iraq? <div class="node-body blog-body"><div></div><p>A low-key meeting on <a href=";id=510778">June 3 between the foreign ministers </a>of Russia and Saudi Arabia has many wondering if the recent jihadist advances deep into Iraq now have the blessing of both countries.</p> <p>For years, the two nations were at deep odds over continued Saudi support of radical Sunni movements across the Middle East and Caucuses. &nbsp;</p></div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Thu, 19 Jun 2014 15:37:00 +0000 131181 at June 11, 1998: The Day the World Changed Forever <div class="node-body blog-body"><div></div><p>Pundits, &ldquo;experts&rdquo;, and gurus thrive on telling us what the future will hold.</p> <p>They tell us that if we somehow collect better data- and analyze it with more and more sophisticated techniques- we can get closer to eliminating uncertainty about tomorrow.</p> <p>Still, what all the looks into a crystal ball cannot foresee is the inexplicable nature of human creativity.</p> <p>Our era has been defined by the unpredictable actions of men like Wright, Fleming, Edison, Jobs, Salk, Ford, and Borlaug.</p></div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Sat, 31 May 2014 13:49:00 +0000 120191 at Capitalism Without Competition <div class="node-body blog-body"><div></div><p>Seemingly everyone in New York and Paris is walking around with their copy of Thomas&rsquo;s Piketty&rsquo;s new book <u>Capital in the Twenty-First Century</u>.</p> <p>A dense, 700-page work, it focuses overwhelmingly on inequality, the subject that the author describes in detail as the foremost economic concern of the day.</p> <p>Containing a few compelling arguments along with some dubious recommendations, the book comes up way short in recognizing the inherent realities of capitalism, particularly the role played by competition.</p></div> <p><a href="" target="_blank">read more</a></p> The ART Of Business Tue, 06 May 2014 13:26:00 +0000 118201 at