Skip to main content

Relevancy

Are you relevant?

JC Pennys, as a long time retailer has dropped precipitously on the New York Stock Exchange. They may go bankrupt.  As observer put it, "I don't see a need for Pennys," at this point.   I shopped at Penny's often over the years.  Another dinosaur is Sears.  Ditto for Sears.  (Ask me about parking at Sears in the 50's.)

Both have adopted the model of cash stations, where you take your item to a station to pay.  There is no longer any expertise associated with or available for what you want to buy.  So, why would I go there?  No reason I can think of - except to see the goods and then buy elsewhere.

Keep this in mind.  "You have value as long as you have actual monetary value."  We see this with:
a. Uber - why need those taxis?
b. Teachers - why not learn online?
c. Elevator operators - you have probably never seen one (once ubiquitous)
d. Banking - no need for money transactions anymore, now only loans.
e. Cars and goods - you can easily buy online
f. Grocery shopping - increasing online presence

Note: the lowest paying jobs go first. 

THINK ABOUT THIS.  How valued are you to both your essential and personal contributions to your firm?
Labels:

Comments

Post a Comment

Please Comment.

Popular posts from this blog

Behavioral Science and Problem-Solving

I.                                       I.                 Introduction.                Concerning our general behavior, it’s high about time we all had some understanding of how we operate on ourselves, and it is just as important how we are operated on by others. This is the wheelhouse of behavioral sciences. It is a vast subject. It touches our lives constantly. It’s influence is pervasive and can be so subtle we never notice it. Behavioral sciences profoundly affect our ability and success at problem-solving, from the elementary level to highly complex wicked problems. This is discussed in Section IV. We begin with the basics of behavioral sciences, Section II, and then through the lens of multiple categories and examples, Section III. II.     ...
Post a Comment
Read more

UNCERTAINTY IS CERTAIN

  Uncertainty is Certain G. Donald Allen 12/12/2024 1.       Introduction . This short essay is about uncertainty in people from both secular and nonsecular viewpoints. One point that will emerge is that randomly based uncertainty can be a driver for religious structure. Many groups facing uncertainty about their future are deeply religious or rely on faith as a source of comfort, resilience, and guidance. The intersection of uncertainty and religiosity often stems from the human need to find meaning, hope, and stability in the face of unpredictable or challenging circumstances. We first take up the connections of uncertainty to religion for the first real profession, farming, noting that hunting has many similar uncertainties. Below are groups that commonly lean on religious beliefs amidst uncertainty.   This short essay is a follow-up to a previous piece on certainty (https://used-ideas.blogspot.com/2024/12/certainty-is-also-emotion.html). U...
Post a Comment
Read more

Mediocrity

 Once of the worst things that can happen to a young person is to be told their mediocre performance is good. For me, I was told the opposite, that my efforts would end me in failure. That was a spur that dug in deep. I would prove him wrong.  And I did.  Do not praise mediocrity, no matter how much it makes you feel good or your target. 
Post a Comment
Read more