Author Archives: Courtland L. Bovée

The Great Democratization of Innovation: Unleashing the Power of Citizen Science in Business

Discussion Questions and Answers: 1. Question: This article describes the "Citizen Science Surge" as a positive development. Are there any potential downsides or ethical considerations businesses should be aware of when relying on citizen scientists? Answer: While the Citizen Science Surge holds immense potential, some potential downsides and ethical considerations exist. These include: Data privacy […]

The Hyperlocal Uprising Reshaping Retail

Discussion Questions about the Hyperlocal Hustle Reshaping Retail: 1. How can local businesses leverage the "hyperlocal hustle" to compete with larger chains and online retailers? Answer: The hyperlocal hustle presents unique opportunities for local businesses to thrive: Community focus: Build strong relationships with local customers by understanding their needs and preferences. Offer products and services […]

23 Staggering Small Business Facts

Ever since the pandemic first broke out, small businesses and their welfare have become some of the most talked-about subjects. After all, many had no choice but to shut down; and while some did so only temporarily, others closed permanently. Yet, new ones have already begun to pop up—at a rate higher than ever before. […]

The World’s 25 Least Admired Companies

Many companies that rank among the least admired have struggled financially in recent years, even before the COVID-19 pandemic shook the world’s economy. CEOs are well compensated, and investors expect executives running large companies to innovate, anticipate market trends, and ensure the company is profitable. These companies’ CEOs have often failed in their duties.