Black- and Woman-Owned: Business in the Shadow of COVID-19 

by RaeAnne Marsh

Building their businesses here in Phoenix, these two black women business owners had little in common — until the COVID-19 pandemic wrought disruption indiscriminately throughout the economy and put us all in the same boat. Retail is commonly acknowledged to be the hardest-hit sector. As a concessionaire with gift stores in airport terminals, Lachele Mangum’s retail … [More]

The Monday Blues

by Oliver Yao

With the impact of COVID-19, Americans across the country went from wishing for the weekend, to living it daily. To many, it is feeling a bit like the film Groundhog Day. But the current state of the country won’t last forever, and before too long Americans will be back to counting down for the weekend. The typical countdown begins when they arrive to work on Monday. From … [More]

Emergency Coronavirus Loans Will Cripple Some Small Businesses

by Marc Levin

As America prepares to get back to work, will some people be left behind? The Small Business Administration (SBA) has adopted rules for emergency coronavirus loans that exclude otherwise eligible existing small businesses from relief solely because they are owned in part by individuals who have a criminal record. Given that at least nineteen million Americans have a felony … [More]

J. Crew Files for Bankruptcy Protection. Is this Just the Beginning?

by Richard Lawless

The imminent devastation of U.S. retail is just beginning to be revealed by the Bankruptcy of J. Crew. J. Crew and its affiliated companies have approximately 500 retail outlets throughout the country. These store-front operations employ thousands of people. Unfortunately, J. Crew is not suffering alone. According to the National Retail Federation, there are 3,700,000 retail … [More]

The Viral Spread of Leadership Confusion Is Epic Worldwide Failure

by Peter Kozodoy

Over the past few months, the headlines have been dominated by horrendous counts of sick individuals and — even more sadly — deaths due to COVID-19. But unfortunately, the most threatening atrocity to humanity here isn’t the coronavirus itself; instead, it is the viral spread of confusion that has made a difficult situation into an epic worldwide failure. It doesn’t take … [More]

Hardship Presents Opportunity for Creativity

from Rice University business experts

[Editor’s Note: In these times, we’ve been lucky to get submissions from around the country – even around the globe. We wanted to pass this one along to our readers. —RaeAnne Marsh] The massive disruption of our social and work lives is unnerving, but there are benefits to shaking up our routines and feeling uncomfortable, according to Scott Sonenshein and Jing Zhou, … [More]

There’s a New ‘Business as Usual’

by Liz Elting

In this third week of mass social distancing (with more than 225 million Americans ordered to stay at home), CEOs are beginning to ask not only how to survive the pandemic, but what they will be surviving into. Radical events bring radical change, and the American workplace — and quite possibly the American economy — is in the midst of its most significant disruptive and … [More]

Mentoring in the Workplace: A Modern Approach

by Maura Nevel Thomas

Mentoring relationships in the workplace are key to ensuring long-term employee success, strengthening both the people and the organization. After all, workplace mentor programs not only demonstrate that the organization cares about its people and their development, but they also give workers a safe space to grow. But with aspects like invasive technology and the shift to open … [More]

Banking AI Advantages Business

by David Duan

For businesses, gaining visibility and control of spending is vital to maintaining adequate cash flow. However, currently, this is something many U.S. businesses, SMEs in particular, struggle with, as shown by the fact 82 percent of business failures are due to poor cash management. As banks begin to address this problem, we are seeing the adoption of more technologies that … [More]

Courage Drives Emotional Intelligence

by Kerry Goyette

In The Wizard of Oz, when Dorothy and her friends set off on that yellow brick road, they needed three things to succeed: a heart, a brain and courage. Most of the time, when people think of emotional intelligence, they think only of heart. They think heart = empathy, compassion and kindness. But emotionally intelligent leaders who are full of heart possess more than just … [More]