Tag Archives: McKinsey

Reflections on “good” and “bad”: insider trading and ethical dilemmas

One of these days I was trying to sort out my archives and stumbled upon notes of 2009 about Galleon (the huge insider trading scandal). I never actually got to assembling them into an article, yet I think that this subject warrants attention. This is even more so in the context of the psychological issues involved. Thus, in this post let me address both.

To begin with, imagine, New York City, 2009. Continue reading Reflections on “good” and “bad”: insider trading and ethical dilemmas

At the opposite sides of the spectrum: Peaceful co-existence of upmarket and lower-market in a single household

After one of the business meetings of my husband we had a vivid discussion about consumer purchasing trends. What we both see is that the mid-segment is fading away: either people go for very qualitative and very expensive stuff or prefer OK and cheap things. Sometimes simultaneously going for both – what I often observe in our own household.

In general, a lot of different consulting reports nowadays are mentioning the same trends in the consumer goods sector, the most prominent one is that: a lot of people are searching for ways to save money (McKinsey claims that “a lot” in the context of the US for example is about 70%). Household incomes generally have decreased. However, at the same time “the wealthy” became wealthier. This widening of the income gap gives birth to two opposite trends: an upmarket segment with its premium offerings is on the rise, but at the same time a lower-market segment and discount stores also see an increased interest from consumers. What is left out? Continue reading At the opposite sides of the spectrum: Peaceful co-existence of upmarket and lower-market in a single household