Business Library News
William C. Gast Business Library News & Events
There are, for all intents and purposes, four types of analytics positions in the U.S; data analyst, business analyst (BA), data scientist, and business intelligence analyst (BIA). Since these position titles tend to be fluid over time, there’s a need to continually re-identify the skill requirements for professionals in each of these areas.
Fortunately, several researchers have taken inventory of some of the most desirable analytics skills sought by employers between December 2016 and February 2017.
Verma et al. (2019) used content analysis to examine a sample of 1,235 job...Continue reading "Jobs Indeed"...
“The yield curve does not cause a recession in my framework. The yield curve is just an elegant way to summarize sentiment in the economy.” - Campbell Harvey
An inverted yield curve marks a point where short-term investments in U.S. Treasury bonds pay more than long-term ones. When they flip, or invert, it’s widely regarded as a bad sign for the economy.
Facts in AugustThe rate of the 10-year bond fell below the 1-year bond The rate of the 2-year bond did not close above the 10-year bond (flat) The 10-year bond rate has closed less than the 3-month bond rate every day... Continue reading "The CRAZY Inverted Yield Curve"...
“An indispensable insight into the future of Shopping and how Retail must adapt to stay relevant to the "on my terms" customer." - Robin Phillips, The Watch Shop
One of the newest editions to our New Popular Business Books is a title by Kogan Page Limited, one of the world’s leading publishers of professional books and business content.
Amazon: How the World’s Most Relentless Retailer will Continue to Revolutionize Commerce is not an ordinary read. It’s like a handbook for e-commerce and m-commerce pros on “The Everything Store.”
Retail experts Natalie Berg and Miya...Continue reading "Amazon"...
“The massive amount of [leadership] literature and the diversity of theoretical approaches raise a compelling need for stocktaking…”
Leadership is a particularly popular topic due to rapidly changing societal phenomena. Whether in politics, business, or higher education, the evolution of leadership as a practice has been written about extensively.
In order to better understand the literature, MSU author Russell Johnson applied bibliometric analysis to a corpus of leadership research to quantitatively visualize the landscape and the evolution of the field. Using co-citation...Continue reading "MSU Author Spotlight: Russell E. Johnson"...
For the vast majority of adults out there, the term credit score is nothing new. It's the rating between 300-850 that follows every U.S. consumer.
Unfortunately, most consumers aren't told how their score is being used, configured, or maintained. Since the three main credit bureaus (Equifax, Experian, and TransUnion) serve the interests of creditors and not consumers, they are not incentivized to inform you, least of all "fix" your credit score.
Passionate credit management activist, finance educator, and advisor-turned-author Anthony Davenport provides a consumer-friendly...Continue reading "Your Score"...
Last month, Statista published it's third edition of the Digital Economy Compass. Similar to prior editions, this report covers the most relevant and recent data on the entire digital economy, including data security, data usage, data storage, and much more.
Here are just a few of the many insights:The amount of data created in 2018 is equal to 375,000,000 times greater than the size of the internet in 1997 Blockchain investments increased nearly 300% in 2018 25% of the internet's 1.6b websites are in English
Additional chapters also include answers to questions such as:...Continue reading "Digital Economy Compass"...
“Google’s algorithms assume the world’s future is nothing more than the next moment in a random process. George Gilder shows how deep this assumption goes, what motivates people to make it, and why it’s wrong: the future depends on human action.” — Peter Thiel, founder of PayPal
Looking for a succinct history of the blockchain or Google? Need a relationship tree of all the tech billionaires at the core of the Google empire? Check out Life after Google: The Fall of Big Data and the Rise of the Blockchain Economy
Futurist, author, visionary George Gilder takes aim at Google to...Continue reading "Life after Google"...
Every year, The World Bank publishes a report on the ease of doing business. In late 2018, The World Bank published its 16th Edition, comparing business regulation and scoring countries in 190 economies around the world.
Coming in third place for ease of doing business was the Nordic country of Denmark (population 5.8 million), where starting a business (allegedly) requires just five procedures and 3.5 days startup time.
In 2018, Denmark made enforcing contracts easier by adopting an e-filing system "that allows users to file the initial complaint electronically and judges...Continue reading "Flexibility in Denmark"...
This year, the Gast Business Library acquired access to CFRA Industry Surveys.
CFRA's financial data provider is S&P Global Market Intelligence. The company is one of the world’s largest providers of independent financial and investment research and their industry surveys are some of the most regarded intelligence on the market. CFRA Industry Surveys cover industry trends, forecasts, major players and market share data, key ratios, and statistics.
Recently, CFRA announced plans to roll out 2019 surveys "that will allow readers to quickly identify and process key data,...Continue reading "New Database: CFRA Industry Surveys"...
What is "responsible financial consumption behavior"?
Caution: It is very hard to define.
Financial decision-making is complex. There are many motivations which affect purchase behaviors. In order to understand and measure consumption behavior and financial decision-making, MSU author James Ming Chen investigated the interplay of attitudes, behavioral control, and financial literacy. Chen's research, published (2019) in the International Journal of Consumer Studies, confirms the following:
"Consumers want enough money to buy the things they like, pay all their...Continue reading "MSU Author Spotlight: James Ming Chen"...