Virgin Employees Get How Much Vacation? Seriously?

Can’t you just hear executives around the world gnashing their teeth? Now that Sir Richard Branson’s Virgin Group has an approved a ‘take as much vacation as you want’ policy, there is going to be pressure for other companies to offer them as well. Question is, is this radical new idea a good one for […]

‘D’ is for Downgrade

Here’s a a dry news headline that buried in the back pages of business sections yesterday but deserves a closer look: according to debt-ratings service Moody’s, the 25 largest U.S. public pensions face about $2 trillion in unfunded liabilities. Translation: unless something changes, retiring U.S. public sector employees will not get the pensions they have […]

Exciting News from the Bank of Canada (No, I am Not Making a Joke)

I have to admit, following the antics of the world’s central banks has been a bit of a bore the past few years. Since the end of the financial crisis (no, we are no going to debate whether there is a still a crisis going on), central banks have basically left interest rates at crazy- […]

Oscar the Grouch the Great Innovator?

Oscar the Grouch as a great innovator? Well, not exactly, but apparently Sesame Street, the venerable children’s television show now in its 45th year, has taken a pro-active view of innovation for a long time. Give the show’s longevity, perhaps there are lessons for other companies from the experience of the Muppets and their colleagues. […]