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Bernie Sanders - Twitter
The Boomer generation needed just 306 hours of minimum wage work to pay for four years of public college.

Millennials need 4,459.

The economy today is rigged against working people and young people. That is what we are going to change.
millennials  college 
yesterday by eaconley
Influencers Are Abandoning the Instagram Look
Over the past year, “Instagram vs reality” photos have grown in popularity as influencers attempt to make themselves seem more accessible. Earlier this month at Beautycon, a beauty festival, Instagram stars spoke about moving away from ring lights and toward showing off their faces in sunlight. As the public becomes more aware of the prevalence of sponsored posts, beauty influencers are abandoning branded shots for ones that show off their “empties” (empty bottles of product they actually use). A growing number of accounts are dedicated to calling out the various cosmetic procedures celebrities and influencers have had. Influencers have also been actively speaking out themselves about burnout, mental health, and the stress that comes with maintaining perfection.
by:TaylorLorenz  from:TheAtlantic  instagram  SocialMedia  influence  Millennials  marketing 
2 days ago by owenblacker
Business leaders are blinded by industry boundaries
April 22, 2019 | Financial Times | Rita McGrath.

Why is it so hard for executives to anticipate the major shifts that can determine the destiny of their organisations? Andy Grove called these moments “strategic inflection points”. For some, he wrote, “That change can mean an opportunity to rise to new heights. But it may just as likely signal the beginning of the end.”

Industry leaders would do well to focus on productive opportunities, even when they lie outside a fairly well-bounded industry. Want to survive a strategic inflection point? Stop focusing on traditional metrics and find new customer needs that your organisation can uniquely address.

Why do business leaders so often miss these shifts? Successful companies such as BlackBerry maker Research In Motion and Nokia did not heed the early signs of a move to app-based smartphones. Video rental chain Blockbuster failed to acquire Netflix when it had the chance, in 2000.

Senior people rise to the top by mastering management of the KPIs in that sector. This, in turn, shapes how they look at the world. The problem is a strategic inflection point can occur and render the reference points they have developed obsolete. Take traditional retail. Its key metrics have to do with limited real estate, such as sales per square metre. Introduce the internet and those measures are useless. And yet traditional systems, rewards and measures are all built around them.....British economist Edith Penrose grasped this crucial link, she asked, “What is an industry?” In her studies, executives did not confine themselves to single industries, they expanded into any market where their business might find profitable growth.

Consider the energy sector: Historically, most power generators and utilities were heavily regulated...The sector’s suppliers likewise expected steady demand and a quiet life....that business has been rocked by slow-moving shifts many players talked about, but did not act upon. The rise of distributed energy generation, the maturing of renewable technology, increased conservation and new rules have eroded the traditional model. Many failed to heed the warnings. In 2015, General Electric spent about $10bn to acquire Alstom’s power business. Finance chief Jeff Bornstein crowed at the time that it could be GE’s best acquisition ever. Blinded by traditional metrics, GE doubled down on fossil-fuel-fired turbines just as renewables were becoming cost competitive.

Consider razor blades: Procter & Gamble’s Gillette brand of razors had long enjoyed a competitive advantage. For decades, the company had invested in developing premium products, charged premium prices, invested heavily in marketing and used its clout to get those razors into every traditional retail outlet. A new breed of online rivals such as Dollar Shave Club and Harry’s have upended that model, reselling outsourced razors that were “good enough” and cheaper, online via a subscription model that attracted younger, economically pressured customers...... Rather than fork out for elaborate marketing, the upstarts enlisted YouTube and Facebook influencers to get the word out.
Andy_Grove  BlackBerry  blindsided  Blockbuster  brands  cost-consciousness  customer_insights  Dollar_Shave_Club  executive_management  GE  Gillette  good_enough  Harry's  industries  inflection_points  Intel  irrelevance  KPIs  metrics  millennials  movingonup  myopic  obsolescence  out-of-the-box  P&G  power_generation  retailers  reward_systems  sales_per_square_foot  shifting_tastes  slowly_moving  warning_signs 
2 days ago by jerryking
America’s Biggest Supermarket Company Struggles With Online Grocery Upheaval
April 21, 2019 | WSJ | By Heather Haddon.

Kroger adjusts operations and invests in technology to hang on to customers who avoid stores; ‘we’ve got to get our butts in gear
Amazon  bricks-and-mortar  BOPIS  CDO  cultural_clash  delivery_services  digital_strategies  disruption  e-commerce  e-grocery  grocery  IBM  Instacart  Jet  Kroger  Microsoft  millennials  Ocado  Oracle  pilot_programs  post-deal_integration  retailers  same-day  Shipt  start_ups  supermarkets  Vitacost  Wal-Mart  Whole_Foods 
2 days ago by jerryking
Ling Ma’s “Severance” Captures the Bleak, Fatalistic Mood of 2018
book recc from j.

"When the novel opens, a group is fleeing an epidemic that has decimated the global population; one man says that life has come to feel like a “zombie or vampire flick.” The group’s leader replies, “Let’s think about the zombie narrative. It’s not about a specific villain. One zombie can be easily killed, but a hundred zombies is another issue. Only amassed do they really pose a threat. This narrative, then, is not about any individual entity, per se, but about an abstract force: the force of the mob, of mob mentality. Perhaps it’s better known these days as the hive mind.”"

"Candace is one of the last survivors in New York: even as the city’s infrastructure starts to collapse, making it nearly impossible to get to the office, she stays, roaming the streets with a camera and uploading pictures to a blog that she created years before, called NY Ghost, in the hope that her images of the dying city will spur others to contribute nostalgic visions of the place they once called home.

Her white boyfriend, Jonathan, an aspiring writer and a disaffected member of the gig economy, quits New York in the early days of the epidemic, less out of fear of contracting the fever than out of modish disillusion at capitalism’s excesses. “The future is more condo buildings, more luxury housing bought by shell companies of the global wealthy elite,” he laments, on the eve of his departure. “The future is more Whole Foods, aisles of refrigerated cut fruit packaged in plastic containers.” As his monologue continues, it shifts into Candace’s lightly dismissive paraphrase, though Ma’s eschewal of quotation marks blurs the line between the two. “The future is more overpriced Pabsts at dive-bar simulacrums. Something something Rousseau something. Manhattan is sinking.”"

"Candace does not seem inclined to indulge Jonathan’s perhaps too-easy anti-consumerism. “To live in a city is to consume its offerings,” she muses. “To eat at its restaurants. To drink at its bars. To shop at its stores. To pay its sales taxes. . . . It is also to take pleasure in those systems because, otherwise, who could repeat the same routines, year in, year out?” Maybe consumption can start to look like an inescapable disease, but, to Candace, it is also a means of participating in a place, establishing a connection to it, and, gradually, becoming part of its ecosystem."

"Shen Fever may not be the thing that kills us all in the end so much as one more complication that some of us will learn to adapt to."
book  severance  ling_ma  new_york  china  millennials  immigration 
7 days ago by skwak
Poor Millennials
Why millennials are facing the scariest financial future of any generation since the Great Depression.
millennials 
8 days ago by jasonferrier
The Anguish of the “Old Millennial”
"“Older millennials,” those born in the early to mid 1980s, are an unusually lost and precarious group: not quite Gen X, but certainly aware of a world before the Internet controlled our lives. There is a wandering feeling among these thirtysomethings, who, according to a recent financial report, are the most stressed out age group. "

I was excited to read this article, but it ended up being mostly about a tv show, "The Other Two"

i think i prefer gen z and younger millennials vs my era of old millennials…not a huge fan of gen x, either lol
old_millennials  millennials  generation 
9 days ago by skwak
Twitter
"The makeup of buyers has shifted.

By 2014, almost half of B2B buyers were , nearly double the n…
millennials  B2B  from twitter
13 days ago by pamneely
Xed Out: Why Generation X Is Leaving Boston's Workforce - Boston Magazine
Wedged between boomers and millennials, Gen X has been the quiet, get-things-done generation nobody paid much attention to. Now they’re getting pushed out of their jobs—and boy, is Boston gonna miss them.
this-week-453  Around-the-web  Matt  gen-z  millennials  workforce  labor  demographics  economic-development 
14 days ago by areadevelopment
Opinion | The Best Year of Our Lives
April 6, 2019 | The New York Times | By Ross Douthat.

There’s a theory of human psychology that holds that the time you enter maturity becomes fixed in your mind as a civilizational peak — with everything since a falling-off that conveniently matches your own stagger toward the grave. Thus it doesn’t matter if you came of age in the Great Depression or some other nadir; because you were 18 then, it must have been a golden age......I’ve been thinking about how good we had it lately because we’re 20 years out from 1999, and the cultural press is thick with reminders that it was a pop-culture annus mirabilis — from the premiere of “The Sopranos” that defined a golden age of television, to the yearlong cascade of brilliant movies .....from a Hollywood not yet captive to the superhero era......Widen the aperture a little, so that the “Xennial” cultural era covers 1995 to 2005, and you get everything from the perfection of the sitcom (late “Seinfeld,” season one of “Friends,” the silver age of “The Simpsons,” “Arrested Development”) to the peak of HBO (when “The Wire” and “The Sopranos” and “Deadwood” and “Sex and the City” were all airing). Oh, and those were also the days when George R.R. Martin could publish three “Game of Thrones” novels in five years, inventing all the good parts of the TV show’s plot in an end-of-millennium rush.....cold hard economic data also suggest that ours was a uniquely blessed coming-of-age: a time of low unemployment, surging productivity, strong working-class wage growth — and all without a huge overhang of public and private debt.......a statement about generational experiences, Alter was basically right. If you were born around 1980, you grew up in a space happily between — between eras of existential threat (Cold War/War on Terror, or Cold War/climate change), between foreign policy debacles (Vietnam/Iraq), between epidemics (crack and AIDS/opioids and suicide), and between two different periods of economic stagnation (the ’70s and early Aughts).
'90s  op-ed  Alexandria_Ocasio-Cortez  annus_mirabilis  coming_of_age  cultural_gatekeepers  films  golden_age  millennials  movies  noughties  pop_culture  Ross_Douthat  shared_consciousness  shared_experiences  television 
16 days ago by jerryking
Who is Generation Z, the next workforce pool? - Area Development
As Gen Z makes its mark in the labor force, forward-thinking companies will create workplace strategies to accommodate and support both generations’ work styles and preferences.
area-development-features  Matt  economic-development  site-selection  gen-z  labor  manufacturing  millennials 
17 days ago by areadevelopment
Twitter
Really valuable and interesting Deep Dive on ' future lives and work.
Millennials  from twitter_favs
17 days ago by andriak

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