Guess the Word and Contact Us for Prizes! Series 51 starts soon….. 1st letter of each Post Title (in a Series) spells a business word – spelt correctly or jumbled up. Previous answers: Series 50 spelt L-I-O-N-S-M-E-E-T (MILESTONE) Series 49 spelt C-G-U-R-N-E-Y (URGENCY) Series 48 spelt T-I-C-K-S-L-O-P-E-S (STOCKPILES) Series 47 spelt F-L-A-Y-Q-U-I (QUALIFY) Series 46 spelt …
Category: Series 50 – Milestone
Triple bottom line TBL = people, profit, planet (3Ps). 1981: Freer Spreckley says firms should measure their TBL. 1994: John Elkington’s 3Ps suggests sustainability as a goal. 1997: his book ‘Cannibals with Forks‘ asks firms to measure/ report financial performance, social wealth creation & environmental aspects. What next for stakeholders? Quadruple bottom line, which includes…
Euro Midnight 1 Jan 1999: Launch of the virtual euro in 11 European countries. 2002: € notes & coins start to circulate, & 1st purchase using them was on the French island of Reunion in the Indian Ocean – to buy 1 kg of lychees. US$ – € exchange rate on 1 Jan 1999 was…
Exhaust Around 2000: birth of surveillance capitalism. Tech firms didn’t know how to make money from the internet. We did a search, they delivered results & ejected our details. Then Google stumbled on the answer: keep the “data exhaust” (who we are, what we seek, what we do next), render it into information to sell…
Music chart Moment that changed music forever: 1936 Billboard mag’s Chart Line lists most popular songs on 3 US major radio stations. 1940 best-selling records chart launch. 1958 sales + airplay combined to create Hot 100 Singles Chart, which now includes downloads & streaming data. Play on Guessed the Word? Series…
Split World economy milestone splits: 1494, 1945, 2019? 1494 Treaty of Tordesillas red vertical line divided the “New World” between Spain & Portugal. 1945 Iron Curtain divided Europe between the West & the Soviet bloc. 2019 US & China tariff war splits the world economy into 2, forcing trading partners to choose 1 or the…
Night tube London’s night tube on Fridays/Saturdays lights up the economy by £360m; will be £1.54bn over 10 years. Supports >3,600 jobs & has >500,000 users. 2 peaks – revellers at 01:30 BST & workers at 04:00. Increase in demand since 2016 launch is double that of day time. Oxford Circus is busiest entry &…
Organic food 1962: 1st ‘no birdsong’ alarm on chemical pesticide dangers. 2019 – UK organic food market in 8th year of growth, on target to reach £2.5bn ($3.2bn, €2.9bn) in 2020. Demand spreading from fruit & veg to other groceries, fish & dairy. 2018 growth of 5.3% outstripped non-organic, driven by independent shops, home delivery…
Invisible hand 1776 economics milestone: Adam Smith’s Wealth of Nations. Free markets ‘led by an invisible hand’ benefit all, not just the butcher, brewer or baker seeking profit. No other idea in history has done more to raise global prosperity. His pin factory study showed division-of-labour specialisation & productivity motivates trade. The ‘invisible hand’ is…
Landmark Milestone for world heritage landmark: 26 Oct 2019 ban on climbing Uluru. Visitor numbers up for each of the past 6 years. 86% chose not to climb the altar rock sacred to the local Anangu people in 2018. Respecting spiritual/ cultural values boosts business & sets a new tourism direction. Tjukurpa dreamtime Guessed the…