Career Advice

Industry Overview

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Energy Hedging, Part II

How an industry is regulated makes a profound difference in how participant companies operate, the decisions they make, the products they produce and prices they charge. In the case of the electric p ... read more

Renewable Energy

Oil and natural gas form over millions of years as decaying organic matter is slowly crushed underneath layers of sediment and rock. While people argue over exactly how much oil and natural gas remai ... read more

The Electricity Market

The electricity market is a fascinating example of classic microeconomics. If it isn’t used as a textbook example very often, it’s only because outsiders and generalists have a difficult time underst ... read more

Nuclear Power

Nuclear power is generated using the same steam turbines as in fossil fuel (oil or natural gas) plants. However, in a nuclear reactor, water is heated into steam by fissioning uranium atoms, rather t ... read more

Converting Fuel to Electricity

Most participants in the electricity marketplace today use sophisticated software programs to forecast prices. These programs operate by creating a “stack” of available supply for each day of the yea ... read more

Energy Concepts Overview

To prepare for a job search in energy, you need to learn a lot about how the technologies and markets work, as well as adopt your prospective employers’ working vocabulary. ... read more

The Race to Learn from GM's Failure

In the past, we’ve urged executives to understand and avoid the blunders committed by multiple generations of American automaker execs (no, Rick Wagoner didn’t get us here all by his lonesome). What w ... read more

Risks or Opportunities?

A recent report from Ernst & Young outlined the top 10 business risks for "multinational firms that are leaders in their industries." While that may sound like a pretty rarefied place for a company t ... read more

Out With the Old, in With the New...CEO

Much has been said about what company leaders could do and should do in the current economic climate. ... read more

Newspapers: Too Big to Ignore

From the Gold Rush through the Great Depression, from the rise of Carnegie to the fall of Madoff, one quality has largely determined the success of America’s business leaders: access to information. ... read more

No Bonus? Low Salary? Blame it on AIG

If you have a computer, television, or radio, by now you've heard: the company you own a stake in whether you like it or not recently paid many of its former and still-employed employees $165 million ... read more

Look to the East

... read more

Take Care When Pruning—Too Much Can Kill Your Business

Over at The Daily Beast earlier this week, Tina Brown penned a scathing analysis of the current state of the media industry, and placed the blame for its plight at the feet of its managers. Sound sur ... read more

The Obama Stimulus Package

With 401k's crashing and 7.6% unemployment (the highest since 1992) no one doubts the need for government intervention, especially in the form of an economic stimulus package. ... read more

GM Communication Strategy in a Time of Crisis

My beef with GM is personal. ... read more

President Obama, Taxes, Bailouts, and Class War

President Obama has wasted no time since taking the oath less than one week ago. The President has gathered congressional leaders to lobby for an aggressive economic stimulus package and he’s selling ... read more

Layoffs: Where to Cut

'Tis the season, again, for cutting costs. GM is doing it, Disney is doing it, Yahoo is doing it, and well, everyone is doing it (even Goldman Sachs and GE, two of the most admired outfits in America ... read more

The Surge That Could Save the Economy

The word "surge" got a bad rap during Hurricane Katrina when related to Guld waters breaching the levees and flooding into New Orleans. ... read more

How to Map Your Company's Future

If any evidence is needed that businesses bear a responsibility that goes far beyond concerns such as bottom lines and the happiness of investors, one could do worse than consider the case of Flint, M ... read more

Detroit Automakers: Stubborn and Stuck in Neutral

Leadership has taken a pounding this autumn, which can serve up lessons for execs in all walks of life. Granted we are in the midst of an unprecedented market meltdown. ... read more


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