My business research focuses on a source of innovation that is often overlooked — the users of products themselves. Both people (like you and me) and companies use products that they buy from others in their daily activities. We might not know exactly how something is made, but we know how it is used. That is what is called user knowledge. Not surprisingly, users often come up … [More]
Two Arizona Companies Team Up to Sell Hand Sanitizer and Give Back
In March, fears about COVID-19 sparked panic buying in the U.S., making hand sanitizer one of the most in-demand items across the country. As hand sanitizer (and the ingredients to make it) became increasingly hard to find, suppliers marked up the price exponentially. As a result of this, two Arizona small business leaders teamed up to tackle the problem, tapping into their … [More]
In a Time of Uncertainty, Understanding Risk Is Essential to Business Survival
Today, more than ever, business leaders and entrepreneurs are functioning in a world that is full of uncertainty. These executives need to clearly understand the difference between what is certain and what is not, in order to identify which risks are worth taking and which to avoid. Many years ago, when I started my own Phoenix-based real estate company, I took on millions … [More]
COVID-19 Buying Behavior
The bottom fell out, of course, on many U.S. consumer spending categories during the month of March. But others, like grocery, drug and discount retailers, actually climbed significantly last month as consumers cooked at home and stocked up their pantries and medicine cabinets for an extended stretch of sheltering in place. Meanwhile, consumers were doing much more of their … [More]
Orthopedic and Neurosciences Care Institute Announces COVID-19 Antibody Testing
The CORE Institute has announced the launch of its rapid COVID-19 antibody testing program. The test does not detect the virus itself, but rather antibodies in the blood that show the presence of an immune system response, typically due to prior exposure to the virus. The test is administered at select clinical locations in Phoenix with plans to expand to other markets soon. … [More]
Paying Attention to Mental Health Is More Crucial than Ever Before
As the USA experiences a sudden rise in remote work self-isolation and health-related anxiety, this has created a general sense of unease for many people and exacerbated existing mental health issues for many more. Following a surge in anxiety caused by the COVID-19 outbreak, managing and supporting mental health at work has never been more crucial, as research by Pews Research … [More]
Report: Hotels Require More PPP Loan Funding to Save Jobs
The American Hotel & Lodging Association (AHLA) released a new report today showing the average small business hotel will require additional funding from SBA loans under the Paycheck Protection Program (PPP) in order to rehire employees or prevent further layoffs and keep their business open. AHLA also sent an urgent letter today to Congress asking for additional funding … [More]
