When the Great Recession hit in 2008 it was not uncommon for retailers to cut their prices in the interests of preserving volume and market share. Abercrombie & Fitch, for the most part, did not. Now, five years later, that controversial strategy looks sound.
Throughout the recession, "do more with less" projects proliferated--and failed. Systems dynamics, a modeling technique out of MIT, exposes the underlying flaws in that approach; here's how to use it to salvage your current project, or guarantee that your next one's a success.
The blockbuster author and New York Times columnist talks with Fast Company about his new book, "That Used To Be Us," which contends that prioritizing innovation can turn around America's free-fall from superpower status.
America is a brand that is exported daily through its protection of fundamental human rights, its currency dominance, and its Hollywood movies and pop culture appeal. But when its own system proves to be paralyzed by self-serving politics, the legitimacy of the brand is thrown into question both at home and overseas.
Oil prices--which spiked during the start of revolts around the Middle East--have now come down due to low demand and a sluggish economy. Will the extra oil produced once the area calms down be enough to save the economy?